POTNETWORK HLDGS I COM USD0.0001 (POST REV SPLI (OTCMKTS:POTN) Continues a Monster...

POTNETWORK HLDGS I COM USD0.0001 (POST REV SPLI (OTCMKTS:POTN) Continues a Monster Run of Growth

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POTNETWORK HLDGS I COM USD0.0001 (POST REV SPLI (OTCMKTS:POTN) is a penny play that has started to engage a great deal of focus among OTC traders and investors as prices get a ton of traction on the upside in recent trade. The action has been driven by direct catalysts, primarily led by reports of an explosive breakout phase of growth in top line results for its Diamond CBD subsidiary.

The chart shows just under 280% during the past month in terms of shareholder gains in the name. This is emblematic of the stock. POTN has a track record that includes a number of dramatic bounces. In addition, the stock has seen an influx in interest of late, with the stock’s recent average trading volume running nearly 140% above the average volume levels in play in this stock over the longer term. This should not be overlooked given the stock’s limited trading float of less than 17M shares. This type of thing is something to watch out for: ramping trading activity can overwhelm available supply in a stock with this type of small float, leading to an upward burst in prices.

POTNETWORK HLDGS I COM USD0.0001 (POST REV SPLI (OTCMKTS:POTN) has two wholly owned subsidiaries, First Capital Venture, the makers of Diamond CBD OILS and Sunrise Auto Mall Inc..

Diamond CBD is focused on the advanced research and development of “the industry’s finest premium hemp extracts” and making them available to the global marketplace. The Company’s “notable team”, consisting of hemp industry pioneers and natural product experts, chemists, and scientists, is dedicated to producing “the finest and purest Cannabidiol (CBD) oil.”

The company’s messaging continues: “Setting the Company ahead of its competitors, First Capital Ventures Inc and Diamond CBD Inc. deliver advanced product quality to market through the team’s creation of diverse and top quality hemp extracts that contain a broad profile of cannabinoids and other natural hemp derived molecules.

The result is a robust selection of Diamond CBD Oils, made from Industrial Hemp, which enhances the formula to be considered among the most powerful natural CBD E-Liquids on the market. Sunrise Auto Mall, Inc., launched in June of 2014, as an operation geared toward enabling people challenged with bad or no credit in securing quality transportation while simultaneously rebuilding the client’s credit.

The company has developed a highly profitable business model around the continually rising subprime lending industry. Potnetwork Holdings Inc. acting as the holding company for the present subsidiary is planning to continue to expand from within as well as through future acquisitions.”

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As noted above, the stock has been breaking out on the upside apparently in response to reports of major revenue growth in its Diamond CBD segment.

“The trajectory for Diamond CBD is continually broadening. We are very excited about how the momentum, now being translated into exponential growth, despite very high expectations, still seems to continually blow the doors off our projected expectations,” stated Maria Gomez, Regional Vice President of Sales for Diamond CBD, Inc. Having recently celebrated the distribution of 1 million Chill Gummy edibles, the Company has reported ongoing record breaking order flow, resulting in the achievement of numerous highly anticipated milestones, including CBD product distribution in approximately 10,000 retail locations nationwide.

In addition, the company just updated the numbers and announced that, after an exponentially record breaking month in April, Diamond’s top line growth breakout appears to have continued into May: “It’s very gratifying to experience such ongoing success. It’s evident that such efforts put forth to bring our products into the public eye are yielding strong long-term results. The level of product satisfaction appears to be generating a robust level of repeat sales. We continue to be gratified and excited by our growth,” stated Maria Gomez, Regional Vice President of Sales for Diamond CBD, Inc.

Earning a current market cap value of $4.4M, POTN has about $133K in cash on the books, which is balanced by about $231K in total current liabilities. The company just started booking sales with an explosive print in March of nearly $2M on the top line. According to recent reports, we should see this number continue to break out. We will update the story again soon as developments transpire. For continuing coverage on shares of $POTN stock, as well as our other hot stock picks, sign up for our free newsletter today and get our next hot stock pick!

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