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Re: koen2 post# 150894

Tuesday, 10/23/2018 12:24:06 PM

Tuesday, October 23, 2018 12:24:06 PM

Post# of 179933
That's the benefit of how they have isolated their businesses...Due to the reverse triangular merger, the liabilities from Diamond CBD aren't included in POTN's overall accounting. Since the owner of that note payable is sign and drive which is another wholly owned subsidiary the same would apply...the financials don't commingle and we don't know what that cash is being applied to. To your point, they set it up this way so they can apply the cash to first venture capital liabilities or other subsidiaries without showing the cash flow out of POTN...

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