UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Act of 1934 Date of
Report (Date of earliest event reported): October 27, 2004
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SECURED DIVERSIFIED INVESTMENT, LTD.
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(Exact name of registrant as specified in its charter)
Nevada
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(State or other jurisdiction of incorporation or organization)
0-30653 80-0068489
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(Commission File Number) (IRS Employer Identification No.)
5030 Campus Drive
Newport Beach, California 92660
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (949) 851-1069
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Item 5.02. Departure of Directors.
The Company had earlier reported that two directors, Ron Robinson and
Sumiye Onodera Leonard, resigned from their position as directors
because the Company had not obtained a director and officer liability
insurance policy. On October 27, 2004, the Company received a written
notice from Ms. Onodera Leonard that she was not resigning for failure
to obtain director and officer liability insurance but rather purely
for personal reasons. Likewise, Mr. Robinson did not state any reasons
for his resignation in his written notice. The Board of Directors has
discussed the size of the Board and the need to reduce the number of
directors to five members. The resignations accomplished this
reduction.
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: October 27, 2004
SECURED DIVERSIFIED INVESTMENT, LTD.
By: /s/LUIS LEON
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Luis Leon, Chief Executive Officer