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Wednesday, 07/02/2008 12:54:04 AM

Wednesday, July 02, 2008 12:54:04 AM

Post# of 61
Diversity Group Provides Shareholder Update

LAS VEGAS, Jul 01, 2008 (BUSINESS WIRE) -- Diversity Group International Inc. (PINK SHEETS: DGIA):
The Board of Directors of Diversity Group International has retained the services of the law firm of Grossman-Greenberg. This law firm represents Diversity Group International, Inc. ("Diversity") and was retained to determine the true and valid share interest in Diversity previously known as SKRCO, Inc. This assignment directs Grossman-Greenberg to determine to the extent reasonably ascertainable, share interests in SKRCO from its inception and its January 2006 sale via stock purchase agreements and from that period forward all stock transaction activities resulting in ownership claims.

Please be apprised, subsumed in this inquiry will be the vetting of all transactions and the determination to the extent reasonably ascertainable, as to their validity in law. The law firm will use as its standard of examination, the law, rules, regulations and case holdings under the various federal securities statutes and in some circumstances, same under the various state securities laws and where appropriate contract law.

This inquiry seeks to determine and affirm the Company's past and present ownership interest, but reserves the right to question and where appropriate nullify past ownership transactions. No assurances can be given that the final accounting will be in fact final and complete. Once that is determined, it intends to make its findings available to all interested parties and whomever else it deems appropriate.

Current shareholders should not take this information as an effort against any outstanding share interest. It is in fact an effort to affirm all rightful ownership.

Once the findings of this inquiry have been compiled, Grossman-Greenberg will present its findings to the Board of Directors of Diversity to determine what actions, if any, may be necessary and in the best interests of our shareholders.

The Board of Directors of Diversity believes that this undertaking is several important steps to ensure the Company provides increased transparency to its shareholders concerning overall ownership in its equity issue.

About Diversity Group International Inc:

Diversity provides education on a range of managed investment vehicles for individuals and institutions looking for alternative investments from traditional Real Estate, Bond and Equity markets.

Through the Company's introductory programs on trading Commodities, Futures and Foreign Exchange, it delivers a variety of investment portfolio strategies to suite our investors' unique preferences for conceptualized security and return on investment objectives.

The Company's programs provide institutional customers information on professionally managed investment vehicles maintained by recognized industry experts. Similarly the Company's programs give individual (Retail) customers benefit in understanding the opportunity to place investments into professionally managed accounts as available to institutional investors.

Forward-Looking Statements; Generally:

To the extent, if any, that this press release may be considered to contain forward-looking information, as such has meaning and definition in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and the concept of a "Safe Harbor" created by those sections, the Company seeks to comport with and provide this above information to match with those statutory sections purpose of which is to provide the public with all relevant information including undertakings looking toward future operating results. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Diversity to be materially different from the statements made herein.

SOURCE: Diversity Group International Inc.



CONTACT: Diversity Group International Inc.
Rick Shykora, 1-888-741-1119

Copyright Business Wire 2008
-0-

KEYWORD: United States
North America
Nevada
INDUSTRY KEYWORD: Professional Services
Finance
Legal

GodBless - NoDoubt - creede

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