U.S. SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q/A

þ		QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

o		TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Commission File No. 000-53577

DIVERSIFIED RESTAURANT HOLDINGS, INC.

(Exact name of small business issuer as specified in its charter)

Nevada		03-0606420
(State or other jurisdiction of incorporation or formation)		(I.R.S. employer identification number)

27680 Franklin Road
Southfield, Michigan 48034
(Address of principal executive offices)

Issuer’s telephone number: (248) 223-9160
Issuer’s facsimile number: (248) 223-9165

No change
(Former name, former address and former

fiscal year, if changed since last report)

Copies to:
Michael T. Raymond, Esq.
Dickinson Wright, PLLC
301 East Liberty, Suite 500
Ann Arbor, Michigan 48104-2266
(734) 623-1663
www.dickinson-wright.com

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes þ No o

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes o No o

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes o No þ

APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING
THE PRECEDING FIVE YEARS

Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court. Yes o No o

APPLICABLE ONLY TO CORPORATE ISSUERS

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date: 18,876,000 shares of $.0001 par value common stock outstanding as of December 10, 2010.

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):

Large Accelerated Filer o		Accelerated Filer o		Non-Accelerated Filer o		Smaller reporting company þ
				(Do not check if a smaller reporting company)

EXPLANATORY NOTE

We are filing this Amendment No. 1 (the “Amendment”) to our Quarterly Report on Form 10-Q for the quarter ended September 26, 2010, as filed on November 12, 2010 (the “Original Filing”), solely for the purpose of amending Part I, Item 4. The Company has also included updated certifications of its Chief Executive Officer and Chief Financial Officer as Exhibits 31 and 32 to this Amendment as required by Rule 12b-15 promulgated pursuant to the Securities and Exchange Act of 1934, as amended.

Other than as described above, this Amendment does not modify or update in any way disclosures made in the Original Filing. This Amendment should be read in conjunction with the Original Filing. This Amendment speaks as of the filing date of the Original Filing and does not reflect events that may have occurred subsequent to the original filing date.

PART I.

Item 4.		Controls and Procedures

Disclosure Controls and Procedures. As of September 26, 2010, an evaluation was performed under the supervision of and with the participation of our management, including our principal executive and principal financial officers, of the effectiveness of the design and operation of our disclosure controls and procedures. Based on that evaluation, our management, including our principal executive and principal financial officers, concluded that our disclosure controls and procedures were effective as of September 26, 2010.

Changes in Internal Control. Management made changes to the Company’s internal control over financial reporting during the quarter ended September 26, 2010 (the “Third Quarter”) that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting. Specifically, as a result of identification, during the Third Quarter, of the issues that led to the restatement of our first and second quarter reports and the resulting conclusion by our principal executive and principal financial officers that, due to the existence of a material weakness in internal control over financial reporting in the area of accounting for the acquisition of affiliated restaurants under common control and income taxes associated therewith, the Company’s disclosure controls and procedures were not effective as of March 28, 2010 and June 27, 2010, the Company implemented the following additional remedial measures during the Third Quarter:

•

The Company adopted an internal policy requiring written documentation of the accounting methods applied to significant accounting transactions and the rationale for selecting such methods.

•

The Company adopted an internal policy requiring the review, by an outside subject matter expert, of material and complex transactions, such as the acquisition of affiliated restaurants that we completed on February 1, 2010.

PART II.

Item 6.		Exhibits

(a) Exhibits:

	3.1			Certificate of Incorporation (filed as an exhibit to the Company’s Registration Statement on Form S-1, as filed with the Securities and Exchange Commission on August 10, 2007, and incorporated herein by this reference).
	3.2			By-Laws (filed as an exhibit to the Company’s Registration Statement on Form S-1, as filed with the Securities and Exchange Commission on August 10, 2007, and incorporated herein by this reference).
	10.1			Buffalo Wild Wings Franchise Agreement dated July 29, 2010 by and between Buffalo Wild Wings International, Inc. and Anker, Inc., a wholly-owned subsidiary of the Company (filed as part of the Original Filing and not refiled herewith).
	10.2			Renewal Addendum to Buffalo Wild Wings Franchise Agreement dated July 29, 2010, by and between Buffalo Wild Wings International, Inc. and Anker, Inc., a wholly-owned subsidiary of the Company (filed as part of the Original Filing and not refiled herewith).
	10.3			Buffalo Wild Wings Area Development Agreement dated July 18, 2003, by and between Buffalo Wild Wings International, Inc. and MCA Enterprises, Inc. (subsequently assigned to AMC Wings, Inc., a wholly-owned subsidiary of the Company) (filed as part of the Original Filing and not refiled herewith).
	10.4			Transfer Agreement dated March 20, 2007, by MCA Enterprises Brandon, Inc. (formerly known as MCA Enterprises, Inc.), T. Michael Ansley, Mark C. Ansley, Thomas D. Ansley, Steven Menker, Jason Curtis and AMC Wings, Inc. and Buffalo Wild Wings International, Inc. (filed as part of the Original Filing and not refiled herewith).
	10.5			Amendment to Buffalo Wild Wings Area Development Agreement dated March 20, 2007 (filed as part of the Original Filing and not refiled herewith).
	10.6			Amendment to Buffalo Wild Wings Area Development Agreement dated November 5, 2007 (filed as part of the Original Filing and not refiled herewith).
	10.7			Commercial Security Agreement dated June 30, 2008, between Ann Arbor Burgers, Inc., a wholly-owned subsidiary of the Company, and Home City Federal Savings Bank of Springfield. (Note: This exhibit is filed to replace Exhibit 10.1 to our Form 8-K filed July 7, 2008, which contained technical errors that rendered certain portions of the exhibit illegible.) (Filed as part of the Original Filing and not refiled herewith.)
	10.8			Promissory Note dated June 30, 2008 between Ann Arbor Burgers, Inc., a wholly-owned subsidiary of the Company, and Home City Federal Savings Bank of Springfield. (Note: This exhibit is filed to replace Exhibit 10.2 to our Form 8-K filed July 7, 2008, which contained technical errors that rendered certain portions of the exhibit illegible.) (Filed as part of the Original Filing and not refiled herewith.)

	10.9			Buffalo Wild Wings Franchise Agreement dated September 7, 2010, by and between Buffalo Wild Wings International, Inc. and AMC Traverse City, Inc., a wholly-owned subsidiary of the Company (filed as an exhibit to the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on September 10, 2010, and incorporated herein by this reference).
	10.10			Buffalo Wild Wings Franchise Agreement dated September 7, 2010, by and between Buffalo Wild Wings International, Inc. and AMC Lakeland, Inc., a wholly-owned subsidiary of the Company (filed as an exhibit to the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on September 10, 2010, and incorporated herein by this reference).
	10.11			Form of Stock Option Agreement (filed as a exhibit to the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on August 5, 2010, and incorporated herein by this reference).
	31.1			Certification of Chief Executive Officer pursuant to Rule 13a-14(a).
	31.2			Certification of Chief Financial Officer pursuant to Rule 13a-14(a).
	32.1			Certification of Chief Executive Officer pursuant to Section 906 of Sarbanes Oxley Act of 2002.
	32.2			Certification of Chief Financial Officer pursuant to Section 906 of Sarbanes Oxley Act of 2002.

SIGNATURES

In accordance with Section 13 or 15(d) of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, there unto duly authorized.

Dated: December 10, 2010		DIVERSIFIED RESTAURANT HOLDINGS, INC.
		By:		/s/ T. Michael Ansley   T. Michael Ansley
				President and Chief Executive Officer
				(Principal Executive Officer)
		By:		/s/ David G. Burke   David G. Burke
				Chief Financial Officer
				(Principal Financial and Accounting Officer)