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PotNetwork Holdings, Inc. Withdraws Form 10 due to Unrelated PCAOB Action Against Its Auditor - Refiling PlannedFT LAUDERDALE, Fla., July 22, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE ?--? PotNetwork Holdings, Inc. (OTC Pink:POTN) announced today that the Company on July 20th filed a request with the Securities and Exchange Commission (“SEC”) for the SEC to issue an order to allow the Company to withdraw its Form 10 Registration Statement and its exhibits filed on July 13th (collectively, the “Registration Statement”). The Company plans to file a revised Registration Statement as quickly as possible. The Company made the request after being informed by its auditing firm, East-West Accounting Services, LLC, Princeton, Florida, that it had lost its PCAOB certification as a result of a PCAOB disciplinary order specific to deficiencies in an audit conducted in 2015 for an unrelated Dallas, Texas company. About PotNetwork Holdings, Inc: PotNetwork Holdings, 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. Safe Harbor: 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 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 forward-looking statements, whether as a result of new information, future events or otherwise. Contact: PotNetwork Holdings, Inc. Investor Relations: Marisol Elwell 1-800-915-3060 [email protected] |