Potnetwork Holdings Inc. (fka POTN)

[dorismd2001]

Diamond CBD is real gem!

Even with increased shares (572M) , POTN is way underpriced compared with its peer company, MJNA.

POTN has almost the same revenues, but its market cap is only 1/10 of MJNA, its debt is only 1/4 of MJNA.

POTN: Market cap = $30M, O/S= 572M, Revenues = $12-15M, Total Debt = 2.7M

MJNA: Market cap = $268M, O/S = 2.6B, Revenues = $15M, Total Debt = 15M


Dilution will stop based on two reasons:

1. Diamond CBD is profitable, no need to dilute. Sunrise will be spun off in Q2, no dilution for it anymore.

2. Good news is that insiders own 76% O/S (437M) now, while retailers own only 135M O/S, In addition, their shares are restricted, not to be sold anytime soon. Dilution will hurt insiders much more than retailers.

Reasonable thinking is that insiders have very strong motivation to make pps higher, to their best interests.

No need to worry about dilution ahead and look forward to much higher pps!

Ready for next leg-up, target $.30.


There are 437M (137+300) restricted shares paid for the acquisition of Diamond CBD

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=132065343

For restricted shares: when to sell?

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=132095508