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...
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.