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Thursday, 05/15/2008 2:15:34 PM

Thursday, May 15, 2008 2:15:34 PM

Post# of 137480
Thursday, May 15 2008 2:01 PM, EST Ulysses Diversified Holdings Corp. Addresses Company Share Structure/Capitalization Market Wire "US Press Releases "
JACKSONVILLE, NY -- (MARKET WIRE) -- 05/15/08 -- Ulysses Diversified Holdings Corp. (PINKSHEETS: UDHC) today will address the Company's Share Structure/Capitalization per the Shareholders request.
The following is the current share structure of the Company:

Total Authorized Shares: 102,000,000
Total Outstanding Shares: 25,056,924
Total Restricted Shares: 17,800,000
Total Shares In The
Company Treasury: 2,000,000
Total Public Float: 5,256,924

Total Restricted Shares: Of the 17,800,000 restricted shares, 15,800,000 are being held in escrow for a previously announced acquisition of two retail optical stores; these stores have not closed yet, thus the shares are still controlled by the Company, the remaining 2,000,000 restricted shares are preferred and controlled by Mr. Young President of the Company and carry no conversion options.
Total Shares In The Company Treasury: These 2,000,000 shares are in the Company's control as they were acquired on the open market per the Company's previously announced buyback program, and will be returned to the Transfer Agent along with additional Shares purchased upon the completion of the buyback program.
Upon the completed Tender from the SecureNetView shareholders deadline of May 30, 2008 as announced the company will then complete an audit of all shares and reduce the authorized shares accordingly.
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
Contact:
Ulysses Holding Corp.
Investor Relations
Tel: 1-607-387-7353
Website: www.ulyssesholding.com




I'm getting thirsty dammit!

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