American Diversified Stock Price, News & Analysis

American Diversified Holdings (ADHC) has announced the acquisition of GlucoGuard, an AI-driven medical device technology from IMD Solutions. GlucoGuard is designed to manage nocturnal hypoglycemia in diabetic patients through non-invasive, continuous glucose monitoring and delivery. The acquisition's terms are undisclosed, with financing expected to be non-dilutive.

GlucoGuard's founder, Zachary Smith, will join ADHC's advisory board alongside Bill Colone. The technology is being developed in partnership with a leading U.S. research university, a biomedical and defense engineering firm, and a top publicly traded company in the Continuous Glucose Monitoring sector.

The GlucoGuard system combines advanced engineering, AI, and mobile app-based monitoring to create an innovative solution for managing nocturnal hypoglycemia, addressing a critical challenge in diabetes care.

American Diversified Holdings (OTC Pink: ADHC) has announced the completion of a comprehensive overhaul of its balance sheet and capitalization structure. The company has identified an additional 142 million shares of common stock to be cancelled and returned to the Corporate Treasury, bringing the total cancellation to over 466 million shares. This follows a recent $2.73 million debt cancellation and a court order from the Eighth Judicial Circuit Court, Clark County, Nevada, for the cancellation of 324.5 million shares.

ADHC management stated that these actions will solidify the company's capitalization structure as they contemplate new business operations and potential acquisitions. The company has established a shareholder hotline and direct IR email for investor communication. ADHC is focusing on building for future success and plans to publicize future developments in the near term.

American Diversified Holdings (OTC Pink: ADHC) has announced a major debt restructuring, eliminating $2,726,729.00 in debt from their balance sheet. This move will render ADHC debt-free, significantly strengthening its market position. The debt elimination is expected to be reflected in the corporate annual report due September 30, 2024.

ADHC management stated that this restructuring makes the company a more attractive partner for potential business relationships and acquisitions. The company's operational division, Universal Wellness AI, is actively seeking such opportunities. ADHC has conducted a thorough review of its capital structure, including the stock table and balance sheet, in collaboration with attorneys and auditors.

The company plans to announce further corporate actions and developments in the near future as it continues to build for success.

American Diversified Holdings (OTC Pink: ADHC) has launched a new AI-focused business division, Universal Wellness AI (www.UniversalWellnessAI.com). The platform integrates AI technology into patient wellness and preventative healthcare, featuring AI avatars and a ChatGPT customer service module. It focuses on four areas: treatment modalities, AI algorithms for health predictions, biodevice innovations, and app-based connectivity.

The initiative is supported by industry professionals, including Bill Colone (biodevice engineer) and Melissa Dugan (founder of Pharmstrong). The global health and wellness market is projected to reach $12.9 trillion by 2031, growing at a CAGR of 10.9%. Meanwhile, the global AI market is expected to grow from $621.19 billion in 2024 to $2,740.46 billion by 2032, with a CAGR of 20.4%.

American Diversified Holdings (OTC Pink: ADHC) announced the appointment of Bill Colone as an advisor for entry into the $585 billion bio device market. Colone, with over 40 years of experience and 13 US patents, has successfully guided companies through the FDA approval process. Currently, he holds senior roles at Med Edge Innovations, Indian Wells Medical, and is CEO of Single Pass, Inc., which recently received FDA approval for an electrocautery device. Colone aims to create shareholder value through acquisitions or strategic alliances.

ADHC Completes Acquisition of Rolls Choice™

American Diversified Holdings Corporation (OTC: ADHC) has announced the acquisition of southern California-based cannabis firm Rolls Choice™. This transaction aims to enhance ADHC’s product line, particularly the Cannabis Adhesive Glue Pen, with additional funding to support inventory and marketing efforts. Rolls Choice™ boasts over 80,000 social media followers, contributing to brand visibility. The acquisition is projected to pave the way for new business initiatives and potential celebrity endorsements as ADHC strives for substantial growth in 2023.

American Diversified Holdings Corporation (ADHC) has announced the formation of a Scientific Advisory Board to enhance its acquisition and management transition efforts, as detailed in a recent press release dated December 15, 2022. The company has filed its first quarter financial disclosures for the period ending October 31, 2022. Currently, ADHC has 1.028 billion shares outstanding, including 522 million restricted shares. A lawsuit has been filed to cancel 324 million shares, with expectations of a ruling soon. The company is also developing three web-based businesses focused on wellness and lifestyle.

Universal Wellness Holding Corp (OTC: ADHC) has signed a Letter of Intent to acquire a medical staffing company that generated over $65 million in revenue over the last five years, with projections exceeding $20 million for 2022. The company achieved approximately 15% profitability in 2021, equating to over $2.7 million in EBITA. As the temporary healthcare market is expected to grow from $16 billion in 2021 to over $22 billion by 2026, this acquisition aims to enhance ADHC’s market position, pending due diligence and further announcements.

Universal Wellness Holding Corp (OTC: ADHC) announced that its product, the ROLLS CHOICE CANNABIS ADHESIVE PEN, is now available for purchase on Amazon.com. This listing is expected to enhance sales and expand product offerings. ADHC is also set to receive royalties from ROLLS CHOICE's gross sales as part of a strategic partnership. The company aims to leverage ROLLS CHOICE's existing social media following to increase brand awareness. Future plans include potential acquisition of all ROLLS CHOICE assets and the introduction of new cannabis-related products.