Welcome to the Daily Picks! Where Uptick staff looks for new companies to feature, giving readers the opportunity to find new possibilities for their investment portfolios.
POTN: PotNetwork Holdings Inc.
PotNetwork Holdings Inc. (OTC PINK: POTN) is pleased to announce that it has secured a $2,000,000 revolving line of credit with TCA Global Fund of Aventura, Florida. The Company has received a signed term sheet, and plans to move forward with its strategy to recapitalize and set Sunrise Auto Mall, marketed under the service mark “Sign-n-Drive,” on a fast track to profitability with a bolstered revenue generating position.
“Management is resolute on establishing a good foothold in this industry, as opportunities continue to evolve; especially with advancements in technology, and the growing rate of commerce in the online retail automotive market. We are embarking on great advancements and plan to capitalize on the momentum we have strived to build. Having funding in place to move forward considerably strengthens our ability to meet the high demands of the retail auto market,” stated Gary Blum, Chief Executive Officer, PotNetwork Holdings, Inc.
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