*Cancellation of 330,000,000 shares scheduled for Mid-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 be announced
* ROLLS CHOICE adhesive pen being sold on amazon.com
ADHC has filed suit in The Eight Judicial Circuit Court, Clark County, Nevada, Case Number A-21-843-670, seeking the cancellation of 330,000,000 (330 MM) shares of common stock. On January 6, 2023, the court granted the motion for default. It is anticipated the court will be issuing the formal order soon on a scheduled hearing date on April 17th, 2023. Granting the default judgment is the final legal step before all litigation is resolved.
Currently, ADHC capitalization structure is as follows:
Shares Outstanding: 1.1 billion
Shares Restricted: 600 million
Shares in the Float: 504 million
In additional developments, ADHC identified a new management team to lead a new business direction. It is anticipated that the new team will formally take over in conjunction with the culmination of the Nevada litigation.
The new team has been targeting new acquisition candidates, major corporate alliances, new executive personnel and advisory board and identifying new business opportunities for the company.
American Diversified Holdings Corporation operates two e-commerce sites focused on the emerging technologies: http://www.UniversalWellnessShop.com and www.RollsChoiceAdhesives.com. The business model includes selling products to consumers, driving traffic to partner sites, generating ad revenue and creating partnership opportunities for other wellness companies.
- UNIVERSAL WELLNESS is a wellness and lifestyle ecommerce site focused upon providing innovative products, news and the latest health care developments for consumers nationwide.
- ROLLS CHOICE is a Southern California-based manufacturer, distributor, and e-commerce company selling an all-natural Adhesive Glue and application device sold off AMAZON.com and through its own website. The Pens come in 1 ml, 2 ml and 100 pen packs. ROLLS CHOICE has significant brand awareness in the cannabis industry and boasts over 80,000 followers on Twitter and Instagram. Recently over 12,000 adhesive pens have been manufactured and sold. The adhesive is made of Food Grade Premium ingredients. ROLLS CHOICE Adhesive Pen is Flavorless, Colorless, Tasteless and Stainless. It is used to seal cannabis and tobacco rolled products including blunts, joints, cigars and hand rolled cigarettes in a sterile manner allowing for long lasting adhesive qualities. The proprietary brush tip pen is recommended 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 adhesive pens and been manufactured and sold by Rolls Choice. see (USPTO ROLLS CHOICE 97278083).
ROLLS CHOICE has over 80,000 social media followers which will be introduced to ADHC social media platforms on Twitter, Instagram, Facebook, and TikTok. This relationship will establish a very strong presence providing brand awareness to potential customers and shareholders as the Universal Wellness/Rolls Choice business relationship develops and revenues grow.
In addition to the adhesive pen, RC has numerous other cannabis related products being developed that will be introduced as a result of this Acquisition agreement.
ROLLS CHOICE has a pending trademark with the USPTO under the application number 972978083.
TWITTER: @ADHCManagement. This Twitter page is the only official Twitter page for ADHC.
Information contained herein includes forward-looking statements. These statements relate to future events or future financial performance, involving known and unknown risks and uncertainties that may cause our actual results to be materially different from the performance or achievements expressed. You should not place undue reliance on these statements since they involve known and unknown risks, in some cases, beyond our control.