Eworldmedia Holdings/Ron Touchard (fka EWMH)

[scion]

Ronald C. Touchard has been self-employed since 1980 as an independent representative for different network marketing companies for which he has built sales organizations. He has also been a trainer in the network marketing industry. From May 2001 until December 2001, he was the president and a director of eWorldNet, Inc., an Internet marketing company, and from September 2001 until December 2001, he was President, CEO, and a director of MLM World News Today, Inc., the parent company of eWorldnet, Inc. From December 1998 until July 2000 Mr. Touchard was a director and distributor for PriceNet USA, Inc., a company engaged in marketing Internet shopping malls. PriceNet USA, Inc. filed for bankruptcy under Chapter 11 in November 2001; the court subsequently rejected the filing. Mr. Touchard filed for personal bankruptcy pursuant to Chapter 11 on December 14, 2001. The personal bankruptcy was re-organized and the court dismissed the bankruptcy on December 10, 2002. From December 2001 to March 2006, Mr. Touchard has served as Chief Executive Officer of eWorldMedia, Inc. and its predecessor. From December 2001 to June 2003 Mr. Touchard also served as President of eWorldMedia, Inc. Since November 2002 he has served as a Chief Executive Officer, President and a director of the Company.
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ITEM 3. LEGAL PROCEEDINGS

On September 16, 2005 Fastlink International, Ltd. filed a complaint against the Company, Henning D. Morales, Ronald C. Touchard and Thoroughbred Entertainment Industries, Inc. alleging fraud, deceit, breach of contract and intentional misrepresentation, among other causes of action regarding investments made in Thoroughbred Entertainment Industries, Inc. The Directors of the Company believe the Company was wrongfully named as a defendant and are in the process of trying to obtain a dismissal of the Company as a defendant in this action. In the alternative, the Company will defend vigorously against the action.

The Company has been named in a Lawsuit with Dwayne Heppner on a Matter that was a note for $30,000 between eWorldMedia, Inc, the Company's former Subsidiary and Dwayne Heppner, the company believes that this is a matter between eWorldMedia, Inc , the Company's former Subsidiary and Dwayne Heppner and does not involve Liberty Diversified Holdings, Inc and the company is defending and trying to be removed from the case.

Also on April 16, 2007 the company's attorney informed the company that they were being added to a lawsuit between eWorldMedia, Inc., the Company's former Subsidiary and FM 2 Radio. The company has not received any details on the lawsuit but will defend to be removed from the case as it has nothing to do with the matter, which was between FM 2 and the company's former subsidiary, eWorldMedia, Inc.

The Company is not aware of any other current, pending or threatened legal proceedings against the Company, its subsidiaries or any of its officers or directors.

Liberty Diversified Holdings Inc · 10KSB/A · For 4/19/07
http://www.secinfo.com/d19C7t.u5g.htm