United Treatment Centers (DBA - PotNetwork.tv) (PINKSHEETS: UTRM) -- Chris Seminatore, CEO of United Treatment Centers, Inc. DBA PotNetwork.tv, announced today the cancellation of all Preferred C class shares. Chris Seminatore stated, "It is in the best interest of the company and the shareholders to cancel all the preferred C class shares. This is part of our ongoing process in providing transparency and increasing shareholder value."
Additionally, web traffic and views of PotNetwork.tv have surpassed management's expectations. "Traffic to PotNetwork.tv has greatly exceeded our projections. We now have a foundation for advertisers and other revenue generation strategies," Chris Seminatore added.
About United Treatment Centers:
United Treatment Centers (DBA - PotNetwork.tv) will provide daily video updates and analysis of the marijuana industry. From crop reports to stock reports, PotNetwork.tv will establish itself as the source for marijuana news.
Safe Harbor Act: This release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report.
For additional information:
Investor Relations
United Treatment Centers, Inc.
www.PotNetwork.tv
(858) 537-7439
Email: jodi@asaustincompany.com
SOURCE: United Treatment Centers, Inc.
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UTRM_4-30-2014_LST_ETL.docx
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