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AMERICAN DIVERSIFIED HOLDINGS CORPORATION (ADHC) ANNOUNCES SIGNING OF LETTER OF INTENT TO ACQUIRE BODY MASS SOLUTIONS, Inc
AMERICAN DIVERSIFIED HOLDINGS CORPORATION (ADHC) ANNOUNCES SIGNING OF LETTER OF INTENT TO ACQUIRE BODY MASS SOLUTIONS, Inc.
About this update from American Diversified Holdings Corp.
[{"type":"text","content":" Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 April 29, 2009 (Del Mar, CA) AMERICAN DIVERSIFIED HOLDINGS CORPORATION(ADHC.PK) has announced it has signed a letter of intent to acquire Body Mass Solutions, Inc. Based in British Columbia, Body Mass Solutions Inc. was created to provide diagnostic, prevention, and treatment services for obesity among adults and children, primarily of the First Nations, representing greater than 100,000 potential patients. Body Mass Solutions will provide most of these services under a reimbursement agreement with the Provincial Health Authority.“First Nations Peoples are at 50% greater risk for the bariatric syndrome than Caucasians. Bariatric syndrome refers to the conditions leading to obesity and kidney diseases, an epidemic among First Nations Peoples and other minorities such as Blacks and Orientals.”, stated Ernest Remo, Chairman of American Diversified Holdings.American Diversified Holdings Corporation is a publicly traded holding company, headquartered in Del Mar, California. The enterprise was formed for the express purpose of acquiring privately held, fast growing, established companies with proven business models that are within a few quarters of profitability. This model allows ADHC to purchase these entities at a significant valuation discount to the public market and then provide the funding necessary for these acquisitions to achieve maximum profit potential using the public equity markets without impairing their balance sheets. ADHC was formed in early 2007 and listed on the OTC Pink Sheets in the4th quarter of 2007. http://americandiversifiedholdings.com/ This press release contains forward-looking statements pursuant to the \"safeharbor\" provisions of the Private Securities Litigation Reform Act of1995. These statements include risks and uncertainties that may cause the company's plans to change and are in no way intended to guarantee that the company will be successful in executing its plans. American Diversified Holdings common stock currently trades on the over-the-counter \"PinkSheets\" under the symbol ADHC. This press release in no way constitutes any recommendation regarding the securities of ADHC or its affiliates. Any person reading this press release is advised that this release should be considered in the l...