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Does anyone know how many pieces are in a pack of Chill watermelon slices?
Looks like a red close.
You won't find them on the SEC website because they have no intention of filing. The only thing about POTN you will find are complaints and court filings against them.
Some people selling think they are slick. Dumping and trying to make it look like they're not. Add them together and you always get even numbers. lol
If is miniscule then why haven't they paid it off?
I'm not sure what business school some of you went to, but this is definitely good. A business person is suppose to make money for its shareholders, so if this company is legit, buying hemp in the U.S. vs overseas brings shareholder value to companies that were first in the MJ sector. Companies currently in the market who have uniqueness, Investment capital, growth in sales, product availability, and customers to sell to, should do well. The companies who have poor timing, product problems, inappropriate distribution strategy, unclear business definition, undercapitalization, and assume debt to early, will more than likely fail. If this company is legit and plans to fix its debt problems, it will be in good shape to succeed. This will in the long run create real value in all the companies who have their ducks in a row. So the success of this company is totally dependent on paying off their debt. If their management follows the very basic rules in business it should be ok. I have little confidence in their management, due to the fact they show traits of politician like rhetoric/promises.
IMO
Down, Down the rabbit hole we go. I may not be cut out for this companies stock. I got one of their products the other day and have had zero positive results. I am pretty sure they're just sendind vitamins.
Sure is a lot of people selling
I'm in POTN FAN.
From what I can tell, a lot of pot stocks were in the red today, but that doesn't change the fact that this stock if frustrating to say the least.
All comments from me are only my opinion and I am not a financial advisor.
Well, I am with you. I am tired of this company. It is obvious they do not care about the stakeholders. Tomorrow this stock will crash when everyone sells.
Starting off slow this morning. Will we end the day in the green?
I won't be buying anymore till I see some movement on paying debts off. Until then this company is a scary investment for me. I believe in the company and products, but not sure about management. I'm no expert so this is just my opinion. I will just watch and wait before adding more shares.
Does anyone think we will end green today?
Not looking good this morning, but it is still early.
Yeah, my order is on its way here to Texas.
So what is this stock going to do tomorrow? Up or Down?
I ordered some Monday and haven't received a shipping order or anything. I made sure it was not a product they were out of stock on, so I hope I hear something soon. This is my first product ordered from them. Thank you for the info.
Can anyone tell me about how long it takes to receive a product after you order it? Also, do they send a tracking number once it ships?
LootForMe2,
How many mg do you take before bed?
Thank you loot for the info
Does anyone have a suggestion on POTN products that might help PTSD symptoms? Primarily the insomnia symptoms.
I have all those symptoms due to multiple deployments to Iraq. What do you recommend, because I have been searching for something that does that. Smoking cannabis helps some, but actually triggers some anxiety at times for me, depending how much the PTSD has been triggered that day.
Ok, I have already read that, and even posted that. If you read my post correctly you will see that I am referring to 2018, which have nothing to do with 2016-2018. Also, if you do not hand pick the what you want to read in that report you will also understand that POTN did not give them all the paperwork needed and based their opinion only on what the did receive. On top of that they can volunteer to submit financials to the SEC, audited or unaudited, which they have done neither like some of the other OTC stocks I own. Apparently some think I am not a POTN fan which is incorrect. I have own a substantial amount of POTN stock since it was selling at .06/share.
Yeah, unaudited revenues. Lawsuit pending, toxic debt, and almost no physical assets. Like I said, I am no expert and these are my OPINIONs. It looks very suspicious. Not to mention it is almost impossible to get verified information on this company. These are the warning signs the SEC has on their website, which also only has complaints on POTN, and no financials as of a couple days ago.
RED, RED, RED! All this stock does is drop in value. Even with good news. This is fishy to me, but I am far from an expert. IMO this is a scam. .01 loss everyday.
I signed as well
There is a reason I did not post any recent financials. The reason being I only posted AUDITED financials. No recent financials are audited, so they could be lies. Not to mention there is nothing on the SEC website about this company other than complaints. Unaudited financials are useless.
IMO
Where is the proof that POTN is the CBD leader in the industry? They also have less that $250k in cash on hand. Not good for a company who is suppose to be the leader in CBD.
Current Previous Previous
Dec 31, 2017 Dec 31. 2016 Dec 31. 2015
Assets
Current Assets
Cash/Bank Balances 241 0 1
Accounts Receivable 330 1 71
Drop Shipments in Transit to Customers 640 - -
Total Current assets 1,210 1 72
Fixed Assets [NET] - 3 5
Investments in Diamond CBD [wholly owned] at cost (IAS 27) 170 - -
Other Assets - - -
Deposits 30 86 1,948
Prepaid Expenses 623 - -
Total other assets 823 89 1,953
TOTAL ASSETS 2,033 90 2,025
Liabilities
Current Liabilities
Payables 271 25 530
Total Current Liabilities 271 25 530
Other Liabilities
Loan from 3rd Party with interest 245 266 125
Note Payable 3,078 2,019 1,984
Total other liabilities 3,324 2,284 2,109
Total Liabilities 3,595 2,309 2,639
Stockholders' Equity
Common: Authorized 1,000,000,000 shares, $ .00001 par value;
and 569,920,485 Issued and outstanding at December 31, 2017
and 89,571,121 Issued and outstanding at December 31, 2016
respectively. 451 88 88
Preferred Stock Class A Authorized - 50,000 shares, $ .00001 Par
value; and 32,682 Issued and outstanding at December 31,, 2017
and None Issued and outstanding at December 31, 2016
respectively. 0 0 0
Additional paid in capital 263 263 1,462
Retained Earnings (2,276) (2,570) (2,164)
Total Stockholders' Equity (1,562) (2,219) (614)
Total Liabilities & Equity 2,033 90 2,025
https://www.sec.gov/litigation/complaints/2017/comp23992.pdf
Better Business Reviews for POTN (Diamond CBD)
https://www.bbb.org/south-east-florida/business-reviews/marijuana-products/diamond-cbd-in-fort-lauderdale-fl-90364003
Correction ABC news
This is an article about POTN on CBS news talking about POTN giving away gummy bears to promote their product. It is from this year, so they are making products, not just building a website to con people. IMO
http://www.klkntv.com/story/38211472/potnetwork-holdings-diamond-cbd-giving-away-25000-assorted-gummy-bear-samples-at-champs-atlantic-city-2018
FYI, Blockchain is not the future of crypto, Hashgraph is the future. I am not sure why POTN would waste its money in Blockchain due to the fact there is not enough energy produced in the world to power blockchain as a currency. It requires way to much energy to complete transactions. Many, Many computers and servers required. Hashgraph is still in development, but will be able to handle over 500k worth of transactions using very little energy with far more transactions than blockchain. Blockchain has a niche, but it wont be in cryptocurrencies soon. IMO
I am far from a tech person, but this is about as much as I know. Like I said these statements are my opinion, but backed by some research.
Not all cannabis stocks were red. BPMX went up $0.04 today. I will not panic over a $0.015 drop on POTN today. POTN Long!
This article is a couple days old, but is informative. I am not sure if it has been posted here yet or not.
https://www.prnewswire.com/news-releases/cannabis-and-cbd-markets-are-set-to-increase-in-value-683935941.html
This article is a couple days old, but informative.
Cannabis and CBD Markets are Set to Increase in Value
FinancialBuzz.com News Commentary
NEW YORK, May 29, 2018 /PRNewswire via COMTEX News Network/ -- According to a report by Hexa Research, the U.S. medical cannabis market is projected to reach $19.48 billion by 2024. The projected growth is driven by the increasing acceptance of medical advantages associated with cannabis, particularly for patients dealing with cancer, diabetes and chronic pain. Symptoms and conditions that may be treated with cannabis products include cancer, HIV, AIDS, Alzheimer's disease, and multiple sclerosis. Chronic pain accounted for 46 percent of the U.S. cannabis medical market share in 2016. According to the research, the solid cannabis edibles segment in 2016, within the U.S. market generated $2.47 billion in revenue and is expected to continue to dominate the cannabis industry to 2024. Chineseinvestors.com, Inc. (CIIX), Kush Bottles, Inc. (KSHB), General Cannabis Corporation (CANN), Isodiol International Inc. (ISOLF), PotNetwork Holdings, Inc. (POTN)
A major portion of the legal cannabis industry Cannabidiol products. Cannabidiol, or CBD, is one of at least 113 active cannabinoids identified in cannabis. The CBD market is growing rapidly in recent years due to CBD's medical benefits. Sean Murphy, the Founder and Publisher of Hemp Business Journal, said: "Hemp Business Journal estimates the total retail value of all hemp products sold in the U.S. to be at least $688 million for 2016. We estimate the hemp industry will grow to $1.8 billion in sales by 2020, led by hemp food, body care, and CBD-based products. The data demonstrates the hemp industry is growing quickly at 22% five year CAGR and being led by food and body care products, with Hemp CBD products showing a 53% AGR."
Chineseinvestors.com, Inc. (otcqb:CIIX) last week announced that, "its wholly owned subsidiary, ChineseHempOil.com, Inc. ("ChineseHempOil") has expanded its domestic sales force appointing Nina Wang Vice President of Sales for its United States Consumer Retail/E-Commerce Division on March 19, 2018, setting the stage to complete the temporarily postponed spin off of all of the Company's hemp related assets in the near future.
Mrs. Wang has over 15 year's sales experience in the financial services industry with over 10 years as a Merchant Services Sales Manager at USA First Credit Card, Inc. Prior to that, Mrs. Wang worked as a Sales Manager for Alliance Bank Card Services. Since joining ChineseHempOil.com, Inc. in March 2018, Mrs. Wang has hired a team of sales representatives focused on wholesale and consignment sales in the Los Angeles area.
Through her efforts, ChineseHempOil.com, Inc. has developed strategic relationships with over 70 retail establishments in the Los Angeles area to consign the ChineseHempOil OptHemp products with plans to expand to Northern California in the near future. Mrs. Wang will also play an integral role in procuring new manufacturing relationships to, continuing to brand the Opt Hemp product line and developing new cutting edge hemp products.
"With over 15 years sales and management experience, we look forward to the increased sales that will be generated through Mrs. Wang's leadership as we are laying the groundwork to increase revenues in advance of the spin-off of all of the Company's hemp related assets. We were pleased with the 57% increase in monthly sales generated by the recent Mother's Day Promotion and are looking forward to an even better response for the Father's Day promotion" said Warren Wang CEO.
The Company recently announced in an 8k filing that spin-off of all of the Company's hemp related assets, originally scheduled for May 31, 2018, has been temporarily postponed as it continues to develop its domestic sales channels."
Kush Bottles, Inc. (otcqb:KSHB) is a dynamic sales platform that provides unique products and services for both businesses and consumers in the cannabis industry. Earlier this month, the company announced it has partnered with MainStem, a technology-based ancillary product distribution company for the regulated cannabis industry, to be the inaugural partner for MainStem's Vendor Program (MVP). Through its partnership with MainStem, Kush Bottles will be able to tap into the dedicated MainStem customer base to distribute its ancillary cannabis products through a centralized sales platform that users can access directly from the 'BiotrackTHC' software, a leading seed-to-sale compliance software, they use to run their businesses.
General Cannabis Corporation (otcqb:CANN) is the comprehensive resource for the highest quality service providers available to the regulated Cannabis Industry. On May 14, 2018, the company announced financial results for the quarter ended March 31, 2018. Robert Frichtel, Chief Executive Officer of General Cannabis, said: "General Cannabis announced first quarter financial results today. For the first quarter of 2018, we reported revenues of $942,482, a 31% increase over 2017 first quarter revenues of $719,105. Our existing operations in Colorado continue to prosper with Security, Marketing and Operations segments each showing strong year-over-year revenue growth. The team and infrastructure we have built allows us to scale with the continued expansion within cannabis industry."
Isodiol International Inc. (ISOLF) is a global CBD innovator specializing in the development of pharmaceutical and health and wellness products and now supporting the pharmaceutical industry at large with its recently approved CBD as an Active Pharmaceutical Ingredient. Recently, the company announced that it has signed a Letter of Intent ("LOI") with Sundial Growers Inc., a privately held Alberta-based Health Canada ACMPR-approved licensed producer of medical cannabis, to import CBD isolate into Canada, subject to applicable regulatory approvals. Sundial currently operates a 31,000 square foot production facility in Rocky View, Alberta, and has two separate production facilities in various stages of completion and licensing. By 2020, it expects to be one of the leading cannabis companies in the country with a projected production of over 100 million grams of dry cannabis and the ability to process over 32 million grams of cannabis extracts.
PotNetwork Holdings, Inc. (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. On May 17, 2018, the company announced that it's wholly owned subsidiary, Diamond CBD, Inc. was showcased at Booth 65 at the Atlantic City Convention Center, where 25,000 samples of its most popular CBD infused assorted gummy bears, were enjoyed by an international crowd of counter-culture exhibitors, consumers, and vendors. Diamond CBD has a highly successful history of sales from these key trade shows. At this show the Company featured numerous products, drawing attention directly from prospective vendors on a global scale. Featured at the show were Diamond CBD's Vape Additives, Liquid Gold Vape Juice, Chill CBD Gummies, Diamond CBD Tinctures and Biotech Creams, the Company's most successful products.
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NOt even close to true. I have lived in Texas my whole life. Compared to the rest of the State Austin is extremely liberal. Plus, they drive like s**t.