Wialan Technologies Inc (WLAN)

[TEFFY]

ACYD~I believe we go green 3 outta 4 days this week like I said yesterday, because what I boled in today's PR!

Oh and more birdies chirpin, just sayin "

American Community Development Group Wins Bid on Properties



American Community Dev (PL) (USOTC:ACYD)
Intraday Stock Chart

Today : Tuesday 5 July 2011

American Community Development Group, Inc. (OTC Pinksheets: ACYD) today announced that it initiates the first stage of a multiple lot redevelopment project designed to restore and beautify a neighborhood while also substantially increasing client revenue.

The management of the company has focused their efforts on building the housing portfolio and expanding nonprofit relationships to broaden client capacity. This effort will be essential as the company continues to expand beyond the current 14 properties.

Because the redevelopment project will utilize energy efficient and "green" manufactured houses that are hurricane and Katrina qualified, the company feels that the time required for completion will be reduced substantially. Management feels that this coordinated turnkey style effort may become a template for more future projects where warranted.

American Community Development Group, "The Company", was founded as a real estate investment company in the Tampa Bay, Florida market. We intend to acquire properties at tremendously discounted prices during the current market down trend. The Company has also received offers to expand its pilot operations in other markets where distressed real estate prices are prevalent. We then increase shareholder value and revenue by using the properties to house the clients of existing nonprofits groups or other agencies.

A typical 3 bedroom property generates over $30,000 annually in gross revenues because of the extremely high demand for transitional housing. This compares to an average rental income of about $12,000 for a similar property with a traditional tenant.

According to John Folger, President of American Community Development Group, "We are currently acquiring interests in single and multi-family homes, affordable housing, and other high occupancy commercial real estate properties, all while helping members of our community," he continued. "This approach sits well with both the community and our shareholders because we work directly with the nonprofit community to house their clients. This model keeps our properties fully occupied."

For more information please visit our website at www.AmericanCommunityDevelopmentGroup.com.

About American Community Development Group

American Community Development Group (OTC Pinksheets: ACYD) is a hybrid social business model founded by a group of experienced professional managers and principals that acquire or fund businesses, consult with the nonprofit community, and purchase real estate and affordable housing properties for the purpose of housing and employing individuals and families in crisis or challenge. The properties include single and multi family homes, apartments, hotels, and mobile home parks.

Safe Harbor Statement

About Forward-Looking Statements in this press release may be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the company or its management, identify forward-looking statements. These statements are based on current expectations, estimates and projections about the company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and probably will, differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above. In addition, such statements could be affected by risks and uncertainties related to the housing market, capacity to collect revenues, competition, as well as general industry and market conditions and growth rates and general economic conditions. Any forward-looking statements speak only as of the date on which they are made, and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.

SOURCE American Community Development Group, Inc.