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PotNetwork Holdings Inc. Submits FINRA Application for Corporate Name and Symbol Change

In an Effort to Better Align the Corporate Designation With Its Core Business Model, the Company Has Applied for a Name Change to "SND AUTO GROUP INC."

/ -- FT LAUDERDALE, FL -- (Marketwired) -- 08/01/16 -- PotNetwork Holdings Inc. (OTC PINK: POTN) is pleased to announce that upon FINRA approval, the Company will officially change its name to SND AUTO GROUP INC. In conjunction with the corporate name change, the Company has also applied for a new symbol, "CARS."

"Over the past quarter we have undergone some changes. As a result, we have developed a highly streamlined business model, and have emerged with a methodology that will strongly reduce overhead and heighten our profit margin. As we have evolved on the automotive front, we believe that it's high time to mobilize toward the establishment of a name and symbol designed to more suitably align with the Company's growing business model," stated Gary Blum, CEO.

This rebranding initiative is a necessary preliminary milestone as the Company evolves. A series of announcements will be forthcoming regarding recent advancement as developments continue.

About PotNetwork Holdings Inc.: PotNetwork Holdings Inc. is a publicly traded company with one wholly owned subsidiary, Sunrise Auto Mall, Inc. Sunrise Auto Mall, Inc. is a first-rate pre-owned auto dealership, 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.

Safe Harbor Act: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

PotNetwork Holdings Inc.
Investor Relations

Distribution channels: Automotive, Consumer Goods