Business
Agritek Holdings Inc. Provides Update to Shareholders and Announces Approval and Renewal of Uplisting on OTCQB for 2018 and Filing of 10K Annual Report Within Extension Period
Agritek Holdings Inc. Provides Update to Shareholders and Announces Approval and Renewal of Uplisting on OTCQB for 2018 and Filing of 10K Annual Report Within Extension Period.
About this update from Agritek Hldgs Inc
[{"type":"text","content":"\n\n LOS ANGELES, CA, April 10, 2018 (GLOBE NEWSWIRE) -- Agritek Holdings, Inc. (OTCQB: AGTK) www.AgritekHoldings.com, a fully integrated, active real estate investor for the cannabis sector and consultant for multiple cannabis brands, today announced an update to shareholders and that the Company has renewed and received approval to maintain its uplisting for trading on the OTCQB. Companies traded on the OTCQB and OTCQX must maintain the highest reporting standards and be subject to fully reporting financials through an SEC peer approved auditing firm to provide complete transparency to investors. The company has previously announced its auditing firm as M&K CPAS PLLC of Houston, Texas. \n “Our auditing firm and accountants at M&K CPAS have assured us that our 10K annual report will be timely filed within the extension period ending April 17th, 2018. Our new auditing firm must maintain the highest standards of financial reporting, and they are taking additional time to ensure the accuracy of the reported progress Agritek Holdings has made during 2017,” stated B. Michael Friedman, CEO of Agritek Holdings Inc. Overview Of Agritek Holdings Agritek Holdings Inc is a fully integrated, active investor and operator in the legal cannabis sector. Specifically, Agritek Holdings provides strategic capital and functional expertise to accelerate the commercialization of its diversified portfolio of holdings. Currently, the Company is focused on three high-value segments of the cannabis market, including real estate investment, intellectual property brands, and infrastructure, with operations in three U.S. States, Colorado, Washington State, California as well as Canada and Puerto Rico. Agritek Holdings invests its capital via real estate holdings, licensing agreements, royalties and equity in acquisition operations. Agritek Holdings Inc. has organized its interests across three business units – Agritek Venture Holdings; The American Hemp Trading Company; and MediSwipe, Inc. Agritek Venture Holdings includes the Company’s real estate portfolio, controlled equity holdings, minority equity holdings and royalty interests.  Subsidiary operations also include a portfolio of wholly owned and licensed brands that cover high growth segments of the cannabis sector including vaping, pre-rolls, edibles, topical...