50% share reduction, Sales exceeded by 50%, Audit - the PPS remains a buy.
Final numbers are yet to be announced, but having set the Company’s initial projection to exceed $8.4 Million, totals reveal sales were well over 50% greater than anticipated.
The retirement of 300,000,000 common shares held by principal shareholders. This reduction of over half the issued and outstanding common shares will be exchanged for non-trading preferred shares.
Upon retirement, this reduction will bring the Company’s current issued and outstanding common shares of 569,920,485 down to a total of 269,920,485 issued and outstanding common shares
Audit is nearing completion, and is expected to be finalized by month end (Jan, 2018) to enable PotNetwork Holding, Inc. to be up-listed to the OTCQB. This is the Company’s next milestone in its long-term strategy of achieving a NASDQ Capital Market listing.
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