Caribbean Wood Products, Inc. Commits to Purchasing Wood From Richwood Eco Ventures, Inc.
October 13 2009 - 12:01AM
Marketwired
Accredited Business Consolidators Corp., f/k/a the Italian Oven
Inc. (PINKSHEETS: IOVE) is pleased to announce that Caribbean Wood
Products, Inc., of Naples, Florida, committed to purchase between
six and ten containers of wood per month from Richwood Eco
Ventures, Inc., beginning in January 2010. Depending on additional
needs by Caribbean Wood Products and logistical considerations,
orders may exceed the commitment. The relationship with Caribbean
Wood Products will bring in estimated revenues to Richwood Eco
Ventures in excess of $1,500,000.00 per year.
Richwood Eco Ventures, Inc. obtains wood through Rich
Corporacion in Nicaragua, a company in which it has an equity
stake. The majority of the wood is obtained from forest areas
damaged by Hurricane Felix and is provided from the Fallen Tree
Zone in the North Atlantic Autonomous Region (R.A.A.N.) of
Nicaragua, and complies with the Lacey Act by meeting all
requirements and standards.
Caribbean Wood Products is a major distributor of quality wood.
They offer hundreds of different varieties of woods. Their website,
www.caribbeanwoodproducts.com, demonstrates the vast array of wood
products they offer. Caribbean maintains a strong network of
vendors and material dealers that will provide many future
opportunities to Richwood Eco Ventures, Inc., for additional sales
possibilities brokered through them.
Accredited Business Consolidators Corp. owns 80% of Richwood Eco
Ventures, Inc.
ABOUT ACCREDITED BUSINESS CONSOLIDATORS CORP.
Accredited Business Consolidators Corp., f/k/a the Italian Oven,
trades on the Pink Sheets as IOVE. It is a diversified holding
corporation which will assist its affiliates grow with the
intention of releasing the majority to the Company's shareholders
upon sufficient development. Visit our website (under construction)
at www.accreditedbiz.com for information on our affiliated
companies. The total number of common shares outstanding is
436,399,500. 328,018,200 shares are in the public float and on hand
with CEDE & Co., 70,546,600 shares are restricted in
certificate form, and 37,834,700 shares are unrestricted but in
certificate form. There will be no increases in shares until at
least April 2010.
This is not an offer to sell securities. Statements made are
forward-looking subject to risks and uncertainties. Statements
included are made as of the date hereof, and the company undertakes
no obligation to update such statements to reflect subsequent
events or circumstances. Actual results could differ materially
from anticipated results.
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Contact: Investor Relations Accredited Business Consolidators
Corp. ir@accreditedbiz.com 267-864-7737 Fax: 267-371-5168 Twitter:
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