PotNetwork Holdings, Inc. (OTCPK:POTN) acquired PotNetwork Media Group Inc, from David Bernard and Jonathan Bernard on June 8, 2017. Under the terms of consideration, PotNetwork Holdings issued 3 million shares to sellers, i.e., 1.5 million each. Also, PotNetwork Holdings cancels the $50,000 convertible promissory note issued to PotNetwork Media Group. As a result of the transaction, PotNetwork Media Group became a wholly-owned subsidiary of PotNetwork Holdings, Inc. Nimish Patel of Mitchell Silberberg & Knupp LLP acted as the legal advisors to David Bernard and Jonathan Bernard whereas Securities Counselors, Inc acted as the legal advisor to PotNetwork Holdings. PotNetwork Holdings, Inc. (OTCPK:POTN) completed the acquisition of PotNetwork Media Group Inc, from David Bernard and Jonathan Bernard on June 8, 2017.