PotNetwork Holding, Inc. (OTC: POTN) this morning announced that, based on earlier reported filed financial statements, it is on track to exceed its fiscal projections for 2017. “We remain steadfast in our efforts to build real value in our Company,” Gary Blum, chief executive officer of PotNetwork, stated in the news release. “The level of acceptance we are experiencing can only be surpassed by our short and long-term vision for growth. As we continue to accelerate in sales performance, we embrace the opportunity to create a real and tangible success which we expect would ultimately be reflected in shareholder value.” PotNetwork reported revenues of $5,077,625 for the first six months of fiscal 2017, realizing a net profit of $369,237. The company concluded the first half of 2017 with a positive net cash flow of $395,009. In response to this performance, market research firm SeeThroughEquity, in a research report, stated, “The Company has made considerable progress over the last few years… Going forward in FY17, we expect POTN to increase revenues approximately 712% to $8.3 million through new product launches, aggressive marketing initiatives and entry into new markets.”
To view the full press release, visit http://nnw.fm/KxqP2
About PotNetwork Holding, Inc.
PotNetwork Holding, Inc. (OTC Pink: POTN) is a publicly traded company that acts as a holding company for its subsidiaries, First Capital Venture Co., the owner of Diamond CBD, Inc., the maker of Diamond CBD oils.
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