AMERICAN DIVERSIFIED HOLDINGS CORPORATION
ANNOUNCES
THE APPOINTMENT OF ANDREW BIRNBAUM AS CHIEF EXECUTIVE OFFICER
Del Mar, CA, August 29, 2023- American Diversified Holding Corporation (OTC: ADHC)
After successfully fulfilling the role as Interim CEO for over ninety days, Mr. Birnbaum will continue lead the company in a more permanent role.
Among many other duties, one of the primary responsibilities of Chief Executive, is to provide benefits to the shareholders. Because ADHC is a Holding Company, we are uniquely qualified to assist other companies a variety of ways. Having the company lead by someone who an experienced Pubco CEO is vital to the credibility and the overall success of the company.
Mr. Birnbaum will continue to find opportunities with other companies that fit with the long-standing operations of ADHC and generate revenue and good will for our shareholders.
Andrew Birnbaum, CEO and Chairman of the Board proclaimed “First of all I, would like to thank Ernest Remo, our former CEO and Chair for all that he’s done for the company. All the filings and compliance have been handled properly and professionally for a very long time. Secondly, I take this responsibility very seriously, as there is a considerable number of shareholders. My commitment to the company is that I will do my best to provide leadership and value to our shareholders, while seeking opportunities to grow and enrich ADHC.”
(to be approved by Ernest) Ernest Remo, former CEO and Chairman stated “We wanted to see how Mr. Birnbaum would perform for 90 days before we agreed to make the position permanent. He has done an excellent job thus far and based on opportunities that have been presented, although we did not consummate, has shown his ability to lead this company and make decisions based on the best interest of the company. He is both ethical and financially responsible.”
In other ADHC news, we will be continuing to expand the website and begin offering some new products to consumers in the near future.
About AMERICAN DIVERSIFIED HOLDINGS CORPORATION
American Diversified Holdings Corporation (OTC: "ADHC") operates an e-commerce platform under the BRAND NAME UNIVERSAL WELLNESS under an alliance with CBD Manufacturer Green Star Labs, a Division of Green Globe International Group (OTC: "GGII") and Hempaco (NASDAQ: HPCO).
UniversalWellness.co (not.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.
Contact Details:
Andrew Birnbaum
(714) 599-2126
Info@adhcinvestor.com
American Diversified Holdings Corporation
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.