posted
Might run here..... Liberty Diversified Holdings, Inc. Reports Concern Over Recent Market Activity and Plans to Investigate
ORANGE, Calif., April 9, 2007 /PRNewswire-FirstCall via COMTEX/ -- Liberty Diversified Holdings, Inc. (OTC Bulletin Board: LDHI) reported today that company officials are concerned about what they see as an unusual amount of downward pressure on the company's stock over the past few weeks. Ron Touchard, Chairman and CEO of Liberty Diversified Holdings, Inc., elaborated that "We are at a loss to explain the market's recent downward pressure on our stock, especially given the amount of positive milestones the company has reached and reported in our press releases over the past months. We understand that a certain amount of sell-off can be a normal part of any market cycle. However, given all the positive news that we have reported, we find it hard to believe that our stock has not advanced significantly over this period. We believe it's possible that some form of naked short selling of our stock may have taken place. We are preparing to order a NOBO (Non-Objecting Beneficial Owner Report) and we intend to pursue all possible means to investigate whether any naked short-selling has occurred, and if so, we intend to take aggressive action to expose it."
Liberty Diversified Holdings, Inc. is focused on aggressive growth and diversification through acquisitions, mergers and joint ventures in all areas of health, wellness and fitness. Liberty provides the management oversight and support necessary to allow its subsidiaries to operate both independently and synergistically, thus maximizing their potential for revenues, profits and growth. Better Bodies, Inc., a wholly-owned subsidiary of Liberty Diversified Holdings, Inc., was formed in 2006 to import and operate CelluBike locations throughout the U.S. and eventually worldwide. Better Bodies, Inc. currently operates and licenses CelluBike locations in California, Nevada, Utah and Texas and also markets CelluBikes to Day Spas, Wellness Centers, Nutrition Centers and to celebrities. The Company is evolving its CelluBike locations into "Better Bodies Wellness Centers" that will offer a complete array of health and wellness products and services including CelluBike, the patented Serotrim(R) Appetite Control Beverage and Serotonin Weight Loss Program, nutritional supplements, and computer-generated personalized wellness and fitness programs. Once this makeover is completed, Liberty plans to initiate an aggressive growth campaign through expansion of company stores and licensed affiliates. In addition to marketing its weight loss and nutritional and products through its Better Bodies Wellness Centers, Liberty also intends to market them aggressively through a variety of different marketing and distribution channels as well.
Caution Regarding Forward-Looking Statements: This press release includes forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, and also includes selected operating results presented without the context of accompanying financial results which are not yet available. These forward-looking statements include, among others, statements with respect to our objectives and strategies to achieve those objectives, as well as statements with respect to our beliefs, plans, expectations, anticipations, estimates or intentions. These forward-looking statements are based on our current expectations. We caution that all forward-looking information is inherently uncertain and actual results may differ materially from the assumptions, estimates or expectations reflected or contained in the forward-looking information, and that actual future performance will be affected by a number of factors, including economic conditions, technological change, the integration of acquisitions, regulatory change and competitive factors, many of which are beyond our control. Therefore, future events and results may vary significantly from what we currently foresee. We are under no obligation (and we expressly disclaim any such obligation) to update or alter the forward- looking statements whether as a result of new information, future events or otherwise.
SOURCE Liberty Diversified Holdings, Inc.
CONTACT: Liberty Diversified Holdings, Inc., +1-949-376-4846
quote:However, given all the positive news that we have reported, we find it hard to believe that our stock has not advanced significantly over this period.
LOL, I wonder this all the time...with many stocks.
Jo
-------------------- "Great Day for Up!"....Dr. Seuss
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quote:Originally posted by jdiddy: .0027 good late entry???
Well, according to pink sheets the float was 87M as of 11/15/2006 and over 40M has traded so far today, which is almost half the float. So, in all likelyhood, she's taking a break and will head North again, if not today, then soon. JMHO
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posted
Ha, still only 35% above 52 Wk. Low of .002, which was only last week !!! NOBO list ordered. Great PR's. 52Wk. High was $1.60 a year ago. This puppy's got more wiggle room. More coming down the road. IMHO
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ITEM 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
On February 28, 2007 the Company's Board of Directors approved an amendment to the Company's Articles of Incorporation so that, as amended, the Company's authorized Common Stock is to increase from 100,000,000 to 900,000,000 shares.
The resolution adopting the amendment to the Company's Articles of Incorporation was further approved on February 28, 2007 by written consent of the holders of a majority of the votes issued to holders of the Company's voting capital stock.
quote:Originally posted by Time2drum:
quote:Originally posted by EverGreen: now the AS is 900m
posted
Liberty Diversified Holdings, Inc. Issues Clarification of Earlier Release and Reports Major Advancements Toward Corporate Objectives
Apr 9, 2007 14:13:00 (ET)
ORANGE, Calif., April 9, 2007 /PRNewswire-FirstCall via COMTEX/ -- Liberty Diversified Holdings, Inc. (LDHI, Trade ) released a statement this afternoon clarifying a press release issued earlier this morning which stated that the Company was actively investigating the possibility of recent naked short selling of its stock and was taking aggressive steps to investigate.
Ron Touchard, Liberty's Chairman and CEO, stated, "In light of this morning's comments, we feel it is necessary and important to issue a clarification regarding the current status of our company's goals and accomplishments. As we stated earlier, we intend to aggressively pursue all available avenues to address and expose the naked short-selling that we believe has been taking place. Meanwhile, we will not allow this issue to distract us from moving forward with our company's near and mid-term goals. We have made great strides in the past few months and are pleased to report that our business fundamentals remain very promising and that we are on track or ahead of schedule with all developmental plans. A partial list of our accomplishments since December 2006 include ...
* Acquired Better Bodies, Inc. with CelluBike locations now in five states;
* Acquired SeroTonin Solutions, Inc. and its worldwide licensing rights to the Serotrim Weight Loss product;
* Secured a complete line of 16 top-quality health and nutritional products, all of which are cross-referenced to a highly advanced computer software printout of each client's systemic health needs;
* Obtained co-licensing rights to the current bestselling book "The Serotonin Power Diet";
* Signed a letter of intent with an established company to market Serotrim to all major Spanish-speaking markets in the world, including U.S., Mexico, Spain, Central America and South America;
* Opened several new CelluBike locations; and
* Arranged to receive widespread media exposure for CelluBike and Serotrim at national industry shows and on TV and radio, including ABC's 'The View'.
We are also moving swiftly with our plans transform our company-owned CelluBike locations into complete Better Bodies Wellness Centers, and expect to release a detailed report on this very soon. In short, we are very pleased with our company's performance to date, on track with our company's goals and very optimistic both about our near and long-term future.
Liberty Diversified Holdings, Inc. is focused on aggressive growth and diversification through acquisitions, mergers and joint ventures in all areas of health, wellness and fitness. Liberty provides the management oversight and support necessary to allow its subsidiaries to operate both independently and synergistically, thus maximizing their potential for revenues, profits and growth. Better Bodies, Inc., a wholly-owned subsidiary of Liberty Diversified Holdings, Inc., was formed in 2006 to import and operate CelluBike locations throughout the U.S. and eventually worldwide. Better Bodies, Inc. currently operates and licenses CelluBike locations in California, Nevada, Utah and Texas and also markets CelluBikes to Day Spas, Wellness Centers, Nutrition Centers and to celebrities. The Company is evolving its CelluBike locations into "Better Bodies Wellness Centers" that will offer a complete array of health and wellness products and services including CelluBike, the patented Serotrim(R) Appetite Control Beverage and Serotonin Weight Loss Program, nutritional supplements, and computer-generated personalized wellness and fitness programs. Once this makeover is completed, Liberty plans to initiate an aggressive growth campaign through expansion of company stores and licensed affiliates. In addition to marketing its weight loss and nutritional and products through its Better Bodies Wellness Centers, Liberty also intends to market them aggressively through a variety of different marketing and distribution channels as well.
Caution Regarding Forward-Looking Statements: This press release includes forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, and also includes selected operating results presented without the context of accompanying financial results which are not yet available. These forward-looking statements include, among others, statements with respect to our objectives and strategies to achieve those objectives, as well as statements with respect to our beliefs, plans, expectations, anticipations, estimates or intentions. These forward-looking statements are based on our current expectations. We caution that all forward-looking information is inherently uncertain and actual results may differ materially from the assumptions, estimates or expectations reflected or contained in the forward-looking information, and that actual future performance will be affected by a number of factors, including economic conditions, technological change, the integration of acquisitions, regulatory change and competitive factors, many of which are beyond our control. Therefore, future events and results may vary significantly from what we currently foresee. We are under no obligation (and we expressly disclaim any such obligation) to update or alter the forward-looking statements whether as a result of new information, future events or otherwise.
SOURCE Liberty Diversified Holdings, Inc.
Liberty Diversified Holdings, Inc., +1-949-376-4846
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