Premier Diversified Holdings Inc. Announces Correction to the News Release Announcing Entry into Definitive Agreements in Connection with a Reverse Takeover Transaction
11 June 2024 - 1:39AM
Premier Diversified Holdings Inc. ("PDH" or the "Company")
(TSXV:PDH) announces that the original news release
captioned "Premier Diversified Holdings Inc. Announces Entry into
Definitive Agreements in Connection with a Reverse Takeover
Transaction" published on June 7, 2024 contained incorrect
summaries of selected financial information of AJA Health and
Wellness Inc. ("
AJA Health") and AJA Therapeutics
Inc. ("
ATI"), which have consolidated financials,
and of Assured Diagnosis Inc. ("
ADI"), for the
years ended December 31, 2022 and December 31, 2023. Accordingly,
the Company wishes to re-announce the summaries of selected
financial information as set out below.
A summary of selected financial information of
AJA Health and ATI, which have consolidated financials, for the
years ended December 31, 2022 and December 31, 2023 is set out
below.
|
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Total Revenues |
500,499 |
587,754 |
Net Loss and Comprehensive Loss |
1,151,416 |
781,599 |
Total Assets as at Period End |
570,454 |
461,415 |
Total Liabilities as at Period End |
2,955,655 |
2,369,717 |
Cash Dividends Declared |
Nil |
Nil |
The above financial information is unaudited but
AJA Health and ATI are currently in the process of obtaining
reviewed annual financials for the year ended December 31, 2022 and
audited financials for the year ended December 31, 2023.
A summary of selected financial information of
ADI for the years ended December 31, 2022 and December 31, 2023 is
set out below.
|
Year ended December 31, 2023 |
Year ended December 31, 2022 |
Total Revenues |
393,657 |
318,382 |
Net Loss and Comprehensive Loss |
80,029 |
101,674 |
Total Assets as at Period End |
80,678 |
122,777 |
Total Liabilities as at Period End |
104,791 |
66,861 |
Cash Dividends Declared |
Nil |
Nil |
The above financial information is unaudited but
ADI is currently in the process of obtaining reviewed annual
financials for the year ended December 31, 2022 and audited
financials for the year ended December 31, 2023.
About Premier Diversified Holdings
Inc.
Premier Diversified Holdings Inc. participates
in diversified industries through its acquisitions of securities
and/or assets of public and private entities which it believes have
potential for significant returns. It may act as a holding company
(either directly or through a subsidiary) and may participate in
management of subsidiary entities to varying degrees.
On behalf of the Board of Directors
"Sanjeev Parsad"
Sanjeev ParsadPresident, CEO and Director
Neither TSX
Venture Exchange
nor its
Regulation Services
Provider (as
that term is
defined in the
policies of the
TSX Venture
Exchange) accepts
responsibility for
the adequacy or
accuracy of this
release.
Forward Looking Statements
This news release includes forward looking
statements that are subject to assumptions, risks and
uncertainties. Statements in this news release which are not purely
historical are forward looking statements. Although the Company
believes that any forward looking statements in this news release
are reasonable, there can be no assurance that any such forward
looking statements will prove to be accurate. The Company cautions
readers that all forward looking statements, are based on
assumptions none of which can be assured, and are subject to
certain risks and uncertainties that could cause actual events or
results to differ materially from those indicated in the forward
looking statements. Readers are advised to rely on their own
evaluation of such risks and uncertainties and should not place
undue reliance on forward looking statements.
The forward‐looking statements and information
contained in this news release are made as of the date hereof and
no undertaking is given to update publicly or revise any
forward‐looking statements or information, whether as a result of
new information, future events or otherwise, unless so required by
applicable securities laws or the TSXV. The forward-looking
statements or information contained in this news release are
expressly qualified by this cautionary statement.
For further information, contact: Sanjeev Parsad, President and
CEOPhone: (604) 678.9115Fax: (604) 678.9279E-mail:
sparsad@pdh-inc.com Web: www.pdh-inc.com
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