Fort Lauderdale, Florida based holding company, PotNetwork Holding (OTC: POTN), today announced the retirement of 300,000,000 common shares held by principal shareholders. The reduction of over half the issued and outstanding common shares will be exchanged for non-trading preferred shares. This reduction will bring PotNetwork’s current issued and outstanding common shares of 569,920,485 down to a total of 269,920,485 issued and outstanding common shares.
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About PotNetwork Holding, Inc.
PotNetwork Holding, Inc. (OTC: POTN) is a publicly traded company that acts as a holding company for its subsidiaries including First Capital Venture Co., the owner of Diamond CBD, Inc. which focuses on the research, development, and multi-national marketing of premium hemp extracts that contain a broad range of cannabinoids and natural hemp derivatives. For more information, visit the company’s website at www.PotNetworkHolding.com.
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