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McapMediaWire --American Diversified Holdings Corporation (OTC: ADHC )announced today a corporate update regarding recent developments withthe company.
HIGHLIGHTS
*Cancellation of 330,000,000 shares scheduled forMid-April 2023
*New investor relations portal http://www.adhcinvestor.com unveiled today
*New domain unveiled http://www.UniversalWellnessShop.com for all ecommerce
*Strategic partnerships and acquisitions soon to beannounced
* ROLLS CHOICE™ adhesivepen being sold on amazon.com
SHARE CANCELLATION
ADHC has filed suit inThe Eight Judicial Circuit Court, Clark County, Nevada, Case NumberA-21-843-670, seeking the cancellation of 330,000,000 (330 MM) sharesof common stock. On January 6, 2023, the court granted the motion fordefault. It is anticipated the court will be issuing the formal ordersoon on a scheduled hearing date on April 17th, 2023. Granting thedefault judgment is the final legal step before all litigation isresolved.
Currently, ADHC capitalization structure is asfollows:
Shares Outstanding: 1.1 billion
Shares Restricted: 600 million
Shares in the Float:504 million
Inadditional developments, ADHC identified a new management team to leada new business direction. It is anticipated that the new team willformally take over in conjunction with the culmination of the Nevadalitigation.
Thenew team has been targeting new acquisition candidates, majorcorporate alliances, new executive personnel and advisory board andidentifying new business opportunities for the company.
Cannabidiol(CBD) market Size Worth USD 59.3 Billion by 2030 at 18.2% CAGR –Report by Market Research Future (MRFR)
American DiversifiedHoldings Corporation operates two e-commerce sites focused on theemerging technologies: http://www.UniversalWellnessShop.com and www.RollsChoiceAdhesives.com .The business model includes selling products to consumers, drivingtraffic to partner sites, generating ad revenue and creatingpartnership opportunities for other wellness companies.
1. UNIVERSALWELLNESS is a wellness and lifestyle ecommerce sitefocused upon providing innovative products, news and the latest healthcare developments for consumers nationwide.
2. ROLLS CHOICE™ isa Southern California-based manufacturer, distributor, and e-commercecompany selling an all-natural Adhesive Glue and application devicesold off AMAZON.com and through its own website . The Penscome in 1 ml, 2 ml and 100 pen packs. ROLLS CHOICE™ hassignificant brand awareness in the cannabis industry and boasts over80,000 followers on Twitter and Instagram. Recently over 12,000adhesive pens have been manufactured and sold. The adhesive is made ofFood Grade Premium ingredients. ROLLS CHOICE™ Adhesive Pen is Flavorless, Colorless, Tasteless and Stainless. It isused to seal cannabis and tobacco rolled products including blunts,joints, cigars and hand rolled cigarettes in a sterile manner allowingfor long lasting adhesive qualities. The proprietary brush tip pen isrecommended for precision. RC sells direct to smoke shops,dispensaries and direct to consumers through its e-commerce site.Through the companies multi year history sales over 12,000 adhesivepens and been manufactured and sold by Rolls Choice. see (USPTO ROLLSCHOICE 97278083).
ROLLS CHOICE™ has over 80,000 social media followers which will be introduced toADHC social media platforms on Twitter, Instagram, Facebook, andTikTok. This relationship will establish a very strong presenceproviding brand awareness to potential customers and shareholders asthe Universal Wellness/Rolls Choice business relationship develops andrevenues grow.
Website: www.RollsChoiceAdhesives.com .
Email: rollschoicerepresentative619@gmail.com
Twitter:
Instagram: https://www.instagram/rollschoicadhesivepen
In addition to theadhesive pen, RC has numerous other cannabis related products beingdeveloped that will be introduced as a result of this Acquisitionagreement.
Shareholders, customers, and other interested parties can findproduct offerings by searching AMAZON under these UPC codes: B0B1BTNW4Q and B0B2R3D2TS or clicking this link: https://a.co/d/3ONJjGy
Amazon.com:Rolls Choice™ Adhesive Pen (25, 1ml)
Amazon.com:Adhesive 2ml (16 pens)
ROLLSCHOICE™ has a pending trademark with the USPTO under theapplication number 972978083.
Investor Contact:
Ernest Remo
Chairman/CEO
EMAIL: ernestremo@san.rr.com
Tel: 858-259-4534
TWITTER: . This Twitter page is the only official Twitter page for ADHC.
Information containedherein includes forward-looking statements. These statements relate tofuture events or future financial performance, involving known andunknown risks and uncertainties that may cause our actual results tobe materially different from the performance or achievementsexpressed. You should not place undue reliance on these statementssince they involve known and unknown risks, in some cases, beyond ourcontrol.
Contact Details
Ernest Remo
+1858-259-4534
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