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That was a week ago and we have heard nothing
Need one on the reporters to pick this story up
I will look tonight for one that has done any writings on POTN
And ask if he knows or can find out
We are becoming more and more a victim
Terminated. What exactly does that mean
Have all charges simply been dropped or was a deal made
Why are the courts not clear on this as we investors have suffered greatly by their actions
A good day in POTN land
Off hand is the float still under 500m
I know issues is around 700 but many have not been registered
We need the Caveat Empton to disappear
You would think if a deal was worked out they would keep the court date to legally present the deal to the judge who would have the power to accept or deny the deal
If he did make a sweet deal ..... I sure hope that he does not get to keep any shares he has or has control over
So was a deal made or were all charges dropped
An investor needs to know
So this is the week CV has a court date
I would guess that it has not changed or we would have heard by now
Hopefully a deal ha been reached and we can move on
It would be nice to get rid of the skull
And be caught up with the SEC
To a good week
I just got a 60% off coupon and went to the Diamond web page to buy some oil and saw that we are also now selling marijuana
Did they tank the company so that shares could be bought at fire sale prices
The other huge question that I keep asking is why did a company invest over $9,000,000 into the company and what so much ? We are cash and carry
In the back of my mind sits another company that these investors loaned money to that looked helpless ...... and one day it bursted fourth with great news stories and the price exploded
If Kevin is donating the office and not taking any pay .... and loaning the company money out of his pocket —— what is his motivation to keep going?
I hope for once you are wrong
Billy My saving grace is the $9,000,000 that was invested into the company had some insight
Sometimes I let myself live in a dream world .... till reality comes around and hits me in the head !!!
Thank YOU for your fast reply
We need the FDA to open some doors and we really need the documented results from testing that shows the real Benefits of CBD oil
The shows were still in effect last year ....
So yes this year sales will really drop
We are in survival mode
When sales are clearly Dow in my company we lay off and cut costs
I have had my own roofing company for 45 years Last year we did 9 m
At the most I had 110 employees back in 2005
Today I have 65 and my net profits are the best
It seems to me Diamond is living off repeat customers Low overhead
The cost should be going down for product
Cut the fat
Lean and mean to weather the storm
Ok .... why did he have to kick in money
The loan we are paying was for over 9m
I honestly do not get the overhead
What do you see as the best news in the 10k
A lot of information at the end
Unable to produce records that the audit company needed
To me this is a poorly run company with no solid leadership
Being a middle man the expenses are incredible
The marking now days is strictly internet and returning customers
I feel that this is still a “good ol boy “
Company that does not have the investors back
So as of today the court date has not been changed
Hopefully it all ends this month
I’m guessing if a deal is agreed on, we should hear that such has happened and we hear the details on the court date
The report today was more or less what was expected
Does anyone know if the stimulus $$$ is taken into account in these numbers
Here in California our governor is about to let 18,000 prisoners out of jail because of the virus
It is hard to get sent to jail
That being said I think that this will play into the charges against our thieves
The courts are way backed up and they need to remove cases
My guess is they have made a deal that will not include any jail time and Kevin
has been kept informed as we are the victims
My first clue is the news that we are about to be caught up with the financials
This is my personel guess as to where this is going
Hopefully if I am right we are going to be properly compensated as a company
For the damages we incurred
Hello
Go to shop all page 6
Is the new cbdmall.com. owned buy our company or by Kevin or other persons
All I could see was that they were based out of Miami
The new web site is also selling pot too
By the gram
New sales website 65% off MALL65
CBDmall.com
I went to buy some oil and a lot were sold out
Maybe the tides will. Be changing soon
Wishful thinking .... maybe a plea deal has been reached and the floodgates will open
Could be about timing
PotNetwork Holdings Updates its Shareholders on its Filing of SEC Reports
July 16, 2020, 5:05 AM
FT. LAUDERDALE, FL / ACCESSWIRE / July 16, 2020 / PotNetwork Holdings, Inc. (OTC PINK:POTN) ("the Company") provided an update today to its shareholders on the Company's filing of its 2019 Annual Report and First Quarter 2020 Quarterly Report with the Securities and Exchange Commission ("SEC").
Kevin Hagen, President, CEO and a Director of the Company released the following statement to shareholders:
"Several of you have asked us when the Company will file its year-end 2019 report and March 31, 2020 reports with the SEC. The answer is that the Company plans to file with the SEC its 2019 Annual Report not later than the end of July. In fact, we hope to file it before then. This filing will be followed within
So why has Kevin become so dishonest with the shareholders
It looked like we had some nice buying today —- till the sells came in
I would have thought they entered a plea back when the first went to court and were set free on bail
Possibly going to set a court date or make a deal
So now that Charles lawyer is no longer with ..., Will this have an effect on the
court date at the end of this month?
I’m guessing to is a way to stall as Lang as he can
Just went to their web page. Lots of new w products
Yum-yum. From hot sauce to ketchup
I thought they were not allowed to put into food.
Did something change.
Their lives are on hold and their legal costs are running
I think at some point they will decide to move on with their lives ...and that cannot happen until the address their crimes
and do the time
They will make a deal ..... so who know it may happen this month ..... POTN is loooong over due for any good news
And transparency as promised
So the odds are we will get something today if not another extension
First quarter does not have to be audited
No real excuse not to keep up with the transparency we were promised unless it is beyond their control
As we head into third quarter we really do need. First quarter numbers
Really
I think I read that they filed for an extension until July 15
If so we will know soon enough
I hope for the company gets bought out by a company that knows what they are doing
Even another CBD company
I disagree. This is not about the company
It was wrong for the company to let the dishonest get shares for next to nothing or nothing but what they were doing by selling shares in the company overseas and passably naked shorting is a felony and they are being held accountable
With sales of $25 million the company is real
Just poorly managed
How much money are we talking that they borrowed
$9,000,000 ?
None on the shares that it cost have been sold on the market from what I can see
Very interesting So as I read it the courts could go after the amount of actual cash that the crooks made made from illegally selling stock in POTN
CV flaunted his money on Rolls Royce’s and million dollars boats so my guess is we could see compensation
We really need Kevin to get on board with the investors and get the paper work done
I am wondering if they were naked shorting POTN If so and the feds can prove it .... would the company possibly get monetary compensation
I read there was an investigation into the naked short selling
Thank You
But why is Kevin falling behind on the financials and keeping the honest investors better informed?
My guess is that most of the free shares he had were sold by him
The only shares the courts could return are the shares he had not sold
How many do you think that is .... and they must be shares that are not in the float.... by the way I think that the float has increased and may be one of the reasons Kevin is not doing the paper work
In reading that court document , seems that he still has to go threw a grand jury to decide if the have a court case
His lawyers will have a steady income
POTN investors are footing the bill in more ways the one
He must have known what was going on
Hopefully he was the person that help shut it down
I see 3 options
Keep
Sell
Buy more