American Diversified Holdings Corporation Issues Updates On Brazos Biomedical, LLC Acquisition
08 Mai 2018 - 3:58PM
InvestorsHub NewsWire
American
Diversified Holdings Corporation Issues Updates On Brazos
Biomedical, LLC Acquisition
ADHC Meets With SEC Auditors and
Securities Counsel In Advance of Up Listing to OTC
QB
Del Mar, CA -- May 8, 2018 -- InvestorsHub
NewsWire -- American Diversified Holdings Corporation
(OTC: ADHC) announced today met
with the management team of Brazos Biomedical llc and has received
all relevant due diligence information required to complete
acquisition. ADHC is in the process of reviewing relevant
documentation involving the AURACIStm TENS Migraine therapy system
including all the patent filings, patent license agreement,
technical engineering schematics, trademark filings, FDA plans,
patient study information and other related documents.
The terms and conditions of the Brazos
Biomedical llc acquisition (BRAZOS), were not disclosed pending
completion of standard due diligence.
In additional news ADHC management has
met with its Securities counsel to discuss the requirements for
filing of the form 10 and subsequent application to begin trading
on the OTC QB. Management has also met with its PCAOB (Public
Company Accounting Oversight Board)SEC approved auditing firm and
has received an engagement letter to initiate the auditing
process.
“Our team is moving rapidly along the
path to closing the Brazos Biomedical llc acquisition,” commented
ADHC. “All parties are in substantial agreement with the terms and
conditions and we look forward to building a great company
together.”
ADHC will keep shareholders informed as
events progress.
ADHC is a holding company that provides
executive management, corporate governance, administrative support,
financial advice, and introductions to capital sources to various
micro-cap private and public companies that have proven revenues
and business models.
BRAZOS BIOMEDICAL LLC is a bio device
company utilizing electrostimulation for pain management to improve
patient outcomes through creative innovation with a core competency
in the migraine and headache pain space.
For more information: www.brazosbio.com
This press release contains
forward-looking statements pursuant to the "safe harbor" provisions
of the Private Securities Litigation Reform Act of 1995. These
statements include risks and uncertainties that may cause the
Company's plans to change and are in no way intended to guarantee
that the Company will be successful in executing its plans. common
stock currently trades on the over-the-counter under the symbol
ADHC. This press release in no way constitutes any recommendation
regarding the securities of ADHC or its affiliates. Any person
reading this press release is advised that this release should be
considered in the light of all facts and circumstances regarding
the business and financial condition and prospects of ADHC, and no
reference has been made that this release contains all
information.
Contact:
www.adhcinvestor@gmail.com
Tel: 858-259-4534
American Diversified (PK) (USOTC:ADHC)
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