American Diversified Holdings Corporation (ADHC: OTC) Presents Year End Company Overview
American Diversified Holdings Corporation("ADHC":OTC) Presents Year End Company Overview
FinalStages of Due Diligence Review Near Completion as ADHC Prepares forMajor Transaction
Del Mar, CA -- December 12, 2023 -- InvestorsHub NewsWire --American Diversified Holdings Corporation (OTC:"ADHC") presents the following corporate overview as 2023 comesto an end. Management has been diligently laying the foundation fora major transaction currently under review. All underlyingdocumentation supporting assets, liabilities and other disclosurematters on are in the final stages of review by a team of outsideprofessionals in the securities markets.
A team of accountants, auditors, attorneys and institutionalinvestment professionals have reviewed years ADHC's financialdisclosures resulting in numerous recommendations and revisionsthat are currently in place. An exhaustive due diligence process isnear completion and the public vehicle has been presented toseveral operational businesses with substantial revenues andearnings. These management teams are seeking to enter the publicmarket via ADHC.
"We recently filed out our 2023 yearend financials. The firstquarter disclosures are nearly completed and are expected to befiled by Friday 12/15/23. Many of the foundational bookkeeping andaccounting issues have been reviewed and streamlined inanticipation of a major transaction in the coming weeks," CommentedADHC management team, "We would like to first thank all of all ourshareholders for keeping the faith in our plans. Also, we wouldlike to express our gratitude to the team of financialprofessionals providing insight into the myriad of accounting,auditing, legal, and investment issues that have been diligentlyreviewed providing the foundational support to ensure any pendingtransaction should go smoothly. We expect more details to bepublicizedin the near futureand into the first quarterof 2024,Happy Holidays." concluded ADHC's managementteam.
About AMERICAN DIVERSIFIED HOLDINGS CORPORATION
American Diversified Holdings Corporation (OTC: "ADHC") operatesan e-commerce platform under the BRAND NAME UNIVERSAL WELLNESS. Thebusiness model includes selling products to consumers, drivingtraffic to partner sites, generating ad revenue and creatingpartnership opportunities for other wellness companies.
Contact Details:
Andrew Birnbaum, CEO
American Diversified Holdings Corporation
(702) 985-7544
Social Media:
TWITTER: @ADHCManagement.
This Twitter page is the only official Twitter page forADHC.
Tags:
ADHC, CBD, American Diversified Holdings Corporation
Mcap,Mediawire, Press Release OTC, OTC Markets
Stock Market News Release
SAFE HARBOR FORWARD LOOKING STATEMENTS:
This press release may contain forward looking statements thatare based on current expectations, forecasts, and assumptions thatinvolve risks as well as uncertainties that could cause actualoutcomes and results to differ materially from those anticipated orexpected, including statements related to the amount and timing ofexpected revenues related to our financial performance, expectedrevenue, contracts, and future growth for upcoming quarterly andannual periods. These risks and uncertainties are further definedin filings and reports by the Company with the U.S. Securities andExchange Commission (SEC) and on the OTC Disclosure & NewsService (OTCDNS). Actual results and the timing of certain eventscould differ materially from those projected in or contemplated bythe forward-looking statements due toa number offactorsdetailed from time to time in our filings with the SEC and/orOTCDNS. Among other matters, the Company may not be able to sustaingrowth or achieve profitability based upon many factors includingbut not limited to the risk that we will not be able to find andsecure construction contracts and the necessary assets that willenable us to become profitable. Reference is hereby made tocautionary statements set forth in theCompany’smostrecent SEC and/or OTCDNS filings. We have incurred and willcontinue to incur significant expenses in our development stage,noting that there is no assurance that we will generate enoughrevenues to offset those costs in both the near and long term. Newlines of business in the construction industry may expose us toadditional legal and regulatory costs and unknown exposure(s), theimpact of which cannot be predicted at this time. Words such asestimate, project, predict, will, would, should, could, may, might,anticipate, plan, intend, believe, expect, aim, goal, target,objective, likely or similar expressions that convey theprospective nature of events or outcomes generally indicateforward-looking statements. You should not place undue reliance onthese forward-looking statements, which speak only as of this pressrelease. Unless legally required, we undertake no obligation toupdate, modify or withdraw any forward-looking statements, becauseof new information, future events or otherwise.
American Diversified (PK) (USOTC:ADHC)
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