SOURCE: PotNetwork Holdings Inc.

August 01, 2016 09:15 ET

PotNetwork Holdings Inc. Submits FINRA Application for Corporate Name and Symbol Change

In an Effort to Better Align the Corporate Designation With Its Core Business Model, the Company Has Applied for a Name Change to "SND AUTO GROUP INC."

FT LAUDERDALE, FL--(Marketwired - Aug 1, 2016) - PotNetwork Holdings Inc. (OTC PINK: POTN) is pleased to announce that upon FINRA approval, the Company will officially change its name to SND AUTO GROUP INC. In conjunction with the corporate name change, the Company has also applied for a new symbol, "CARS."

"Over the past quarter we have undergone some changes. As a result, we have developed a highly streamlined business model, and have emerged with a methodology that will strongly reduce overhead and heighten our profit margin. As we have evolved on the automotive front, we believe that it's high time to mobilize toward the establishment of a name and symbol designed to more suitably align with the Company's growing business model," stated Gary Blum, CEO.

This rebranding initiative is a necessary preliminary milestone as the Company evolves. A series of announcements will be forthcoming regarding recent advancement as developments continue.

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.

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