SOURCE: PotNetwork Holdings

May 05, 2016 09:00 ET

PotNetwork Holdings Inc. Opens $100,000 Line of Credit With Diamond Financial

FORT LAUDERDALE, FL--(Marketwired - May 5, 2016) - PotNetwork Holdings Inc. (OTC PINK: POTN) is pleased to announce that among the sweeping changes that the Company has successfully incorporated, is a new line of credit from Diamond Financial for $100,000, with which the Company intends to increase inventory and bolster sales.

"We are very pleased to be able to secure the funding necessary for the level of growth we are after. An enhanced inventory will propel operations into high gear, and that's what we are looking to accomplish; strong growth, and the opportunity to build momentum. A better range of selection will enable us to accomplish that expediently," stated: Gary Blum, Chief Executive Officer, PotNetwork Holdings Inc.

PotNetwork Holdings Inc. recently announced that the Company's annual financials had been updated on the OTC Markets website, www.otcmarkets.com, reflecting gross annual sales totaling $5,504,040; a strong indication that the Company continues into the new year on a profitable trajectory.

The Company has also recently designated a name and logo that is more highly indicative of its corporate identity, yielding a distinct and appealing brand that's easily identifiable and appropriate for successful duplication. The Company has filed the Service Mark, "sign n drive," with The United States Patent and Trademark Office. This change is anticipated to deliver the customer a brief explanation of our business model and services, even with little exposure or familiarity on their part.

PotNetwork Holdings Inc. plans to soon apply with FINRA for a name and symbol change, reflecting this shift in corporate direction, sharpening its focus on the growth of the Company's duplicable core revenue producing business.

About PotNetwork Holdings Inc.: PotNetwork Holdings Inc. is a publicly traded company with one wholly owned subsidiary, Sunrise Auto Mall Inc. Sunrise Auto Mall, Inc. is a first-rate pre-owned auto dealership, launched in June of 2014, as an operation geared toward enabling people challenged with bad or no credit in securing quality transportation while simultaneously rebuilding the client's credit. The company has developed a highly profitable business model around the continually rising subprime lending industry.

Safe Harbor Act: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

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