UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
---------------------
FORM 8-K
---------------------
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Act of 1934
Date of Report (Date of earliest event reported): February 28, 2005
SECURED DIVERSIFIED INVESTMENT, LTD.
-------------------------------------
(Exact name of registrant as specified in its charter)
Nevada
--------------------------------------------------------------
(State or other jurisdiction of incorporation or organization)
0-30653 80-0068489
----------------------------- -----------------------------------
(Commission File Number) (IRS Employer Identification No.)
4940 Campus Drive
Newport Beach, California 92660
---------------------------------------- ------------
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (949) 851-1069
Item 5.02. Departure of Directors.
On February 28, 2005, the Company received a letter of resignation from
Pamela Padgett, effective as of February 22, 2005. Ms. Padgett served
on the Audit Committee. The Company does not believe that any
disagreement between Ms. Padgett and the Company exists or was the
reason for the resignation.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: February 28, 2005
SECURED DIVERSIFIED INVESTMENT, LTD.
By: /s/CLIFFORD L. STRAND
-------------------------------------------
Clifford L. Strand, President