American Diversified Holdings Corporation (ADHC: OTC) Presents Year End Company Overview

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

[phone]

 

Social Media:

TWITTER: @ADHCManagement.

This Twitter page is the only official Twitter page for ADHC.

 

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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.