POTNETWORK HOLDINGS, INC. : Change of Directors or Principal Officers, Financial Statements and Exhibits (Form 8-K)

Article 5.02 Departure of directors or certain officers; Election of directors; Appointment of certain officers; Compensatory provisions of certain executives.

At January 19, 2022the board of directors of PotNetwork Holdings, Inc. (the “Corporation” or the “Registrar”), elected three new outside directors other than by vote of shareholders at an annual meeting or a special meeting called for that purpose:

Prashant ShahDirector – For many years, Mr Shah was and remains primarily a producer of film, television and OTT content. Through his production services company, he has produced more than 35 Bollywood, Hollywood and Latin content filmed in the United States, Canada, UK, New Zealand, Middle East, United Arab Emirates and Indiawith budgets ranging from $3 million at $100 million. by Mr. Shah other initiatives include the launch of the “super fight league and boxing super league“, and the first MMA league in
India with visibility reaching more than 230 million viewers. He also acts as Chief Content Officer for XcineX, a media technology startup in San Francisco, and is president emeritus of the “Miami Media Film Market”. He was named “Producer of the Year” by the US Congress and state department for “Job creation”. Additionally, it provides advisory services to “8k Miles Media Group“, a media conglomerate that provides content to the South Asian diaspora around the world. In 2014, he helped launch “CannHealth Group Limited“which has developed, produced and commercialized legal hemp-derived cannabidiol (CBD) products, the first of their kind, in legal markets within the we Mr. Shah holds a degree in Computer Science from St. Xavier’s College India and a Business Associate’s degree, London, UK.

Ray Smith, Director and Chairman of the Board Holder’s Audit CommitteeMr. Smith is CEO and President of Trycera Financial Inc., a public financial services company. before joining Trycera Financial, Inc., Mr. Smith has spent ten years developing technologies and platforms to facilitate consumer credit profile reporting. Prior to his involvement in the credit reporting and technology field, Mr. Smith owned and operated a diversified financial services call center that was responsible for processing credit card applications for various banks specializing in consumer conversion declines. The call center generated up to $250 million opened to redeem available credits and employed more than sixty people.

Yury Shmerli, Director – For the past 3 years, Mr. Shmerli served as Chief Information Officer of Patriot Home Care, the largest privately held company in his industry in Pennsylvania with more than 3000 employees. In 2012, he became a partner in a cannabis dispensary in North Hollywood, Californiaand for 3 years he built and managed a grow facility and edibles manufactory, which he and a partner grew to over $30 million in gross sales. Mr. Shmerli started his career in information technology and held several senior management positions in private and public companies. Later, he established a very successful medical management company which was later sold for $40 million. He holds a degree in information technology and business management.

For each of the 3 new external directors above:

1) there was no arrangement or understanding between the new director and

other person under whom the person was chosen as a director; and

2) there are no related party transactions between the director (and the entities

    related to the director) and the Registrant.

Gary BlumEsq., Licensee’s only former director, will continue as a member of Licensee’s Board of Directors as Chairman of the Board.


Exhibit No.   Description
  9.2           BOD Resolution on Appointments and Acceptances of Directors


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