Fort Lauderdale, Florida based holding company, PotNetwork Holding (OTC: POTN), today announced the retirement of 300,000,000 common shares held by principal shareholders. The reduction of over half the issued and outstanding common shares will be exchanged for non-trading preferred shares. This reduction will bring PotNetwork’s current issued and outstanding common shares of 569,920,485 down to a total of 269,920,485 issued and outstanding common shares.
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PotNetwork Holding Inc. (POTN) to Reduce Issued and Outstanding Common Shares by More Than Half
