$SANP dba PODWERKS Reports 2016 Year-End Financial
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Posted On: 04/26/2017 8:19:00 AM
$SANP dba PODWERKS Reports 2016 Year-End Financial Results and Other Corporate Updates
DORAL, FL / ACCESSWIRE / April 26, 2017 / Santo Mining Corp. dba PODWERKS (the "Company"
, (OTC PINK: SANP) is pleased to announce today, that the company has ended 2016 with positive revenues and improved financials compared to the company's previous history since its inception in 2009. During the past three months, the company's focus has been on building a solid business model with its new venture Podwerks. The company is developing American's premier cannabis co-workspace with its unique and novel urban pod campus solutions for the cannabis industry.
The company has filed its 2016 year-end financial reports with the OTC-Markets. For the year-end 2016 the gross profits was $391,047.00USD compared to $0.00USD in 2009-2015, operating income was $296,541.00USD compared to a negative -$166,000.00USD in 2015.
The company has been diligently working to get all its financial documentations in order for the anticipated audit and its super 10-K filling. In an effort to establish total transparency the company has moved forward with becoming OTC Pink current in the next 15 days, as it continues to work on up-listing to fully reporting.
"This is the first time in the history of SANP, that its financials show such a positive record," stated Franjosé Yglesias CEO, "There will be much work during the months to come as we transition from a OTC Pink to a fully reporting company, clean up all the debt that we inherited and with our new business model Podwerks, we feel that we will develop a $5 Billion dollar company in the next 5 years."
The company's current 90 days corporate workload is as follows:
1-OTC Information and Disclosure Statement for 2016, no later than May 5th.
2-Attorney letter with respect to current information.
3-Uploading the company's 1Q-2017 financials by mid May.
4-On-going audit.
5-Super 10-K.
6-New Corporate website.
7-Marketing and development of Podwerks.
8-Name change.
9-Symbol change.
10-CUSIP change
About Podwerks
Podwerks is a pioneering and first-of-its-kind co-working space for the cannabis entrepreneur in the United States, providing turnkey business and growing solutions for cultivating, marketing and selling cannabis related products.
As part of its mission of Grow for Life, Podwerks aims to create a sustainable and community driven workspace by providing an affordable, scalable and a safe business environment for its customers and owner-operators. Already positioned at the forefront of the cannabis start-up scene, Podwerks continues to innovate and lead the way in the cannabis shared-economies business world.
Podwerks is a division of Santo Mining Corp, a publicly traded company in the Over-the-Counter (OTC) market. It currently trades under the ticker symbol SANP.
Media contacts:
Podwerks
Mr. Matthew Arnett
844.420.4203
media@podwerks.com
http://www.podwerks.com/
https://finance.yahoo.com/news/sanp-dba-podwe...00854.html
DORAL, FL / ACCESSWIRE / April 26, 2017 / Santo Mining Corp. dba PODWERKS (the "Company"
, (OTC PINK: SANP) is pleased to announce today, that the company has ended 2016 with positive revenues and improved financials compared to the company's previous history since its inception in 2009. During the past three months, the company's focus has been on building a solid business model with its new venture Podwerks. The company is developing American's premier cannabis co-workspace with its unique and novel urban pod campus solutions for the cannabis industry. The company has filed its 2016 year-end financial reports with the OTC-Markets. For the year-end 2016 the gross profits was $391,047.00USD compared to $0.00USD in 2009-2015, operating income was $296,541.00USD compared to a negative -$166,000.00USD in 2015.
The company has been diligently working to get all its financial documentations in order for the anticipated audit and its super 10-K filling. In an effort to establish total transparency the company has moved forward with becoming OTC Pink current in the next 15 days, as it continues to work on up-listing to fully reporting.
"This is the first time in the history of SANP, that its financials show such a positive record," stated Franjosé Yglesias CEO, "There will be much work during the months to come as we transition from a OTC Pink to a fully reporting company, clean up all the debt that we inherited and with our new business model Podwerks, we feel that we will develop a $5 Billion dollar company in the next 5 years."
The company's current 90 days corporate workload is as follows:
1-OTC Information and Disclosure Statement for 2016, no later than May 5th.
2-Attorney letter with respect to current information.
3-Uploading the company's 1Q-2017 financials by mid May.
4-On-going audit.
5-Super 10-K.
6-New Corporate website.
7-Marketing and development of Podwerks.
8-Name change.
9-Symbol change.
10-CUSIP change
About Podwerks
Podwerks is a pioneering and first-of-its-kind co-working space for the cannabis entrepreneur in the United States, providing turnkey business and growing solutions for cultivating, marketing and selling cannabis related products.
As part of its mission of Grow for Life, Podwerks aims to create a sustainable and community driven workspace by providing an affordable, scalable and a safe business environment for its customers and owner-operators. Already positioned at the forefront of the cannabis start-up scene, Podwerks continues to innovate and lead the way in the cannabis shared-economies business world.
Podwerks is a division of Santo Mining Corp, a publicly traded company in the Over-the-Counter (OTC) market. It currently trades under the ticker symbol SANP.
Media contacts:
Podwerks
Mr. Matthew Arnett
844.420.4203
media@podwerks.com
http://www.podwerks.com/
https://finance.yahoo.com/news/sanp-dba-podwe...00854.html
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