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Re: waggett post# 297

Tuesday, 04/24/2007 4:08:08 PM

Tuesday, April 24, 2007 4:08:08 PM

Post# of 40627
This should help in the recovery of the stock price:

April 9, 2007 - 9:40 AM EDT

Liberty Diversified Holdings, Inc. Reports Concern Over Recent Market Activity and Plans to Investigate

ORANGE, Calif., April 9 /PRNewswire-FirstCall/ -- Liberty Diversified Holdings, Inc. (OTC Bulletin Board: LDHI) reported today that company officials are concerned about what they see as an unusual amount of downward pressure on the company's stock over the past few weeks. Ron Touchard, Chairman and CEO of Liberty Diversified Holdings, Inc., elaborated that 'We are at a loss to explain the market's recent downward pressure on our stock, especially given the amount of positive milestones the company has reached and reported in our press releases over the past months. We understand that a certain amount of sell-off can be a normal part of any market cycle. However, given all the positive news that we have reported, we find it hard to believe that our stock has not advanced significantly over this period. We believe it's possible that some form of naked short selling of our stock may have taken place. We are preparing to order a NOBO (Non-Objecting Beneficial Owner Report) and we intend to pursue all possible means to investigate whether any naked short-selling has occurred, and if so, we intend to take aggressive action to expose it.'


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