American Diversified Holdings Corporation (ADHC) Corporate Guidance
American Diversified Holdings Corporation (OTC PINK: ADHC) announced a planned 25,000 to 1 reverse stock split, contingent upon the resolution of ongoing SEC filings. The company clarified that there are no pending mergers related to it, although other entities with similar names exist. ADHC management warns shareholders to rely on registered brokers for advice rather than social media promotions, which may mislead them. The company assures that it will provide further updates regularly.
- Planned 25,000 to 1 reverse stock split may enhance stock value.
- Clear communication regarding merger status reduces investor uncertainty.
- Dependence on resolution of SEC filings could delay planned stock split.
- Potential confusion with other companies due to similar names may mislead investors.
American Diversified Holdings Corporation addresses planned stock split and other corporate matters
WEST PALM BEACH, FL / ACCESSWIRE / March 5, 2021 / American Diversified Holdings Corporation a Nevada co non reporting SEC issuer stock symbol (OTC PINK:ADHC) web site www.adhccorp.com the company reminds its followers and shareholders to review certain SEC voluntary filings on https://www.otcmarkets.com/filing/html?id=14718088&guid=8jVaU6q4kYTUMth
Additionally the company affairs are posted in a public domain (ADHC) web site www.adhccorp.com
Key points:
There are no pending mergers in play for ADHC. There may very well be with private companies with similar names as ADHC in other States however the ADHC co quoted on OTC Markets is not looking at any merger candidates.
The SEC filing and issues of ADHC are self explanatory. The ADHC management plans to conduct a 25,000 to 1 reverse split of its common stock shortly upon resolution of the aforementioned SEC filings and matters.
ADHC management us aware of certain social media promotions of a private company with similar name in another State. That company has nothing to do with the ADHC company quoted on OTC Markets.
The readers are cautioned to consult with a securities registered broker for stock advice and not to rely upon social media and similar posts from individuals, ex-management or those with a hidden agenda.
This announcement appears on behalf of ADHC in the publication interest.
More news and filings will follow on a weekly frequency and or additional supplemental information as required by the rules on a timely basis.
Safe Harbor Statement:
Information in this news release may contain statements about future expectations, plans, prospects or performance of American Diversified Holdings Corp. that constitute forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project," and similar words and phrases are intended to identify such forward-looking statements. American Diversified Holdings Corp. cautions you that any forward-looking information provided by or on behalf of American Diversified Holdings Corp. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. American Diversified Holdings Corp.'s actual results may differ materially from those anticipated in such forward- looking statements as a result of various important factors, some of which are beyond American Diversified Holdings Corp.'s control. In addition to those discussed in American Diversified Holdings Corp.'s press releases, public filings, and statements by American Diversified Holdings Corp.'s management, including, but not limited to, American Diversified Holdings Corp.'s estimate of the sufficiency of its existing capital resources, American Diversified Holdings Corp.'s ability to raise additional capital to fund future operations, American Diversified Holdings Corp.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities and, in identifying contracts which match American Diversified Holdings Corp.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. American Diversified Holdings Corp. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
Miro Zecevic
Tel 954 837 6800
SOURCE: American Diversified Holdings Corporation
View source version on accesswire.com:
https://www.accesswire.com/633715/American-Diversified-Holdings-Corporation-ADHC-Corporate-Guidance
FAQ
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