American Diversified Holdings Corporation (ADHC: OTC) Presents Year End Company Overview
12 Dezembro 2023 - 12:24PM
InvestorsHub NewsWire
American Diversified Holdings Corporation
("ADHC": OTC) Presents Year End Company Overview
Final
Stages of Due Diligence Review Near Completion as ADHC Prepares for
Major Transaction
Del Mar, CA -- December 12, 2023 -- InvestorsHub NewsWire --
American Diversified Holdings Corporation (OTC:
"ADHC") presents the following corporate overview as 2023 comes
to an end. Management has been diligently laying the foundation for
a major transaction currently under review. All underlying
documentation supporting assets, liabilities and other disclosure
matters on are in the final stages of review by a team of outside
professionals in the securities markets.
A team of accountants, auditors, attorneys and institutional
investment professionals have reviewed years ADHC's financial
disclosures resulting in numerous recommendations and revisions
that are currently in place. An exhaustive due diligence process is
near completion and the public vehicle has been presented to
several operational businesses with substantial revenues and
earnings. These management teams are seeking to enter the public
market via ADHC.
"We recently filed out our 2023 yearend financials. The first
quarter disclosures are nearly completed and are expected to be
filed by Friday 12/15/23. Many of the foundational bookkeeping and
accounting issues have been reviewed and streamlined in
anticipation of a major transaction in the coming weeks," Commented
ADHC management team, "We would like to first thank all of all our
shareholders for keeping the faith in our plans. Also, we would
like to express our gratitude to the team of financial
professionals providing insight into the myriad of accounting,
auditing, legal, and investment issues that have been diligently
reviewed providing the foundational support to ensure any pending
transaction should go smoothly. We expect more details to be
publicized in the near future and into the first quarter
of 2024, Happy Holidays." concluded ADHC's management
team.
About AMERICAN DIVERSIFIED HOLDINGS CORPORATION
www.universalwellness.co
American Diversified Holdings Corporation (OTC: "ADHC") operates
an e-commerce platform under the BRAND NAME UNIVERSAL WELLNESS. The
business model includes selling products to consumers, driving
traffic to partner sites, generating ad revenue and creating
partnership 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 for
ADHC.
Tags:
ADHC, CBD, American Diversified Holdings Corporation
Mcap, Mediawire, Press Release OTC, OTC Markets
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SAFE HARBOR FORWARD LOOKING STATEMENTS:
This press release may contain forward looking statements that
are based on current expectations, forecasts, and assumptions that
involve risks as well as uncertainties that could cause actual
outcomes and results to differ materially from those anticipated or
expected, including statements related to the amount and timing of
expected revenues related to our financial performance, expected
revenue, contracts, and future growth for upcoming quarterly and
annual periods. These risks and uncertainties are further defined
in filings and reports by the Company with the U.S. Securities and
Exchange Commission (SEC) and on the OTC Disclosure & News
Service (OTCDNS). Actual results and the timing of certain events
could differ materially from those projected in or contemplated by
the forward-looking statements due to a number of factors
detailed from time to time in our filings with the SEC and/or
OTCDNS. Among other matters, the Company may not be able to sustain
growth or achieve profitability based upon many factors including
but not limited to the risk that we will not be able to find and
secure construction contracts and the necessary assets that will
enable us to become profitable. Reference is hereby made to
cautionary statements set forth in the Company’s most
recent SEC and/or OTCDNS filings. We have incurred and will
continue to incur significant expenses in our development stage,
noting that there is no assurance that we will generate enough
revenues to offset those costs in both the near and long term. New
lines of business in the construction industry may expose us to
additional legal and regulatory costs and unknown exposure(s), the
impact of which cannot be predicted at this time. Words such as
estimate, project, predict, will, would, should, could, may, might,
anticipate, plan, intend, believe, expect, aim, goal, target,
objective, likely or similar expressions that convey the
prospective nature of events or outcomes generally indicate
forward-looking statements. You should not place undue reliance on
these forward-looking statements, which speak only as of this press
release. Unless legally required, we undertake no obligation to
update, modify or withdraw any forward-looking statements, because
of new information, future events or otherwise.
American Diversified (PK) (USOTC:ADHC)
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