American Diversified Holdings Inc (ADHC)

[sjoseph]

The Company will retire approximately 140,000,000 shares of common stock back into the corporate treasury which will reduce the total shares outstanding to approximately 688,000,000 shares as the first step in this process. These moves do not preclude additional reduction of shares in the future especially if there is opportunity for additional attractive acquisitions. The free trading shares outstanding remain at 330,832,000.