Current Report Filing (8-k)
June 07 2013 - 6:00AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
WASHINGTON DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934.
DATE OF
REPORT: June 6, 2013 (Date of earliest event reported)
ACCREDITED BUSINESS CONSOLIDATORS CORP.
(Exact name of
registrant as specified in its
charter)
PA
0-27182
25-1624305
(State or other
jurisdiction
(Commission File
IRS
Employer
of
incorporation)
Number)
Identification Number)
Accredited Business Consolidators
Corp.
c/o Accredited Suppliers Nicaragua S.A.
De La Estatua de
Montoya
1 Cuadra al Sur
Casa Esquinera
Apartado PA-228
Managua
10000
Nicaragua
(Address of principal executive offices)
1-267-864-7737
or +505-8796-8888
(Registrant's telephone number, including area
code)
196 West Ashland
Doylestown, PA 18901
(Former Name or
Former Address, if changed since last report)
Item 8.01. Other Events
On June 6, 2013,
Accredited Business Consolidators Corp. (OTC: ACDU) lodged a petition with
the Securities and Exchange Commission pursuant to Rule 202 of Regulation S-T
for a hardship exemption to filing its reports using XBLR interactive
data. A copy of the petition is attached to this filing as an exhibit.
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.
Dated: June 6, 2013
ACCREDITED BUSINESS
CONSOLIDATORS CORP.
By: /s/ Andy William
Andy William, Vice President
and Chief Operating
Officer
web:
www.accreditedbiz.com
www.accreditedbiz.net
fax:
1-267-371-5168
---------------------
Exhibit -- Copy of Petition filed with the SEC
Accredited Business Consolidators Corp.
c/o Accredited Suppliers
Nicaragua S.A.
De La Estatua de Montoya
1 Cuadra al Sur
Casa
Esquinera
Apartado PA-228
Managua 10000
Nicaragua
Telephone: 1-267-864-7737
+505-8796-8888
Facsimile: 1-267-371-5168
email:
info(at)accreditedbiz.com
June 6, 2013
Securities and Exchange Commission
Washington, DC
20549
via: Edgar Filing
In
re: Petition of Accredited Business Consolidators
Corp.,
SEC File 0-27182, pursuant to Regulation
S-T,
Rule 202, for nunc pro tunc exemption from
requirement
to submit interactive data
To the Securities and Exchange Commission:
Pursuant to Rule 202 of Regulation S-T we are requesting a nunc pro tunc
exemption from December 31, 2010, through December 31, 2015, from
the
requirement that we provide XBLR interactive data. We are not
requesting an exemption from ordinary electronic filing.
We are an
extremely small reporting company. Our balance sheets reflect that our
cash position is ordinarily less than $10,000. We have two
officers
who are not presently receiving any compensation for
services.
During 2010, we retained MacReportMedia to provide use with
XBLR versions of our reports. The enterprise advertised that they could
do the reports for approximately $198.00 per report. However, in 2011,
after we submitted our reports, and after our deadlines passed, they
advised
us that they wanted in excess of $1,000 for the report. Their chief
executive officer represented that the high fee was for initial tagging
and
that future filings would not require the fee. After reaching a
settlement, and submitting an XBLR report, MacReportMedia reniged on
the
agreement and demanded in excess of $5,000 per year to do the reports,
payable in advance.
After consulting other companies, we learned
that the average quote was received for the service was between $5,000 and
$10,000 per year.
This amount exceeds our cash on hand and would require
that we go into debt for the sole purpose of providing interactive
data.
We learned through speaking with several of our shareholders that
the interactive data is not relied on or needed. The type of investor into
our
enterprise is ordinarily professional stock traders having experience
with over the counter securities. Our investors are able to review and
understand ordinary electronic filings without interactive
data.
Compelling us to provide interactive data has already caused
significant interruption of our business plans. It has delayed our ability
to meet
filing requirements, impeded our core business, and required our
officers to forego administering the enterprise because they literally
spent
hundreds of hours attempting to create solutions to the interactive
data filing requirements.
Forcing us to expend additional money, time,
and executive hours attempting to comply with the interactive data requirements
will place our
enterprise in substantial risk of not being able to comply
with other legal requirements. As we work diligently in bringing our
reports up to
date, we are impaired by the burdensome tagging and interactive
data requirements that are simply not feasible for a company of our size
to
comply with.
Unlike many other over the counter companies, we are not conducting a raise
of capital through share issuances. We have not issued a
single free
trading share of stock in nearly fifteen (15) years. The investors who
purchase our shares do so on the open market from other
holders. We
have not issued shares for debt, shares for direct investment, or shares in
exchange for services. Therefore, there is not a
real need for
interactive data.
For the above reasons, we are asking that the
Securities and Exchange Commission grant us a nunc pro tunc exemption from the
interactive
data requirements until December 31, 2015.
I declare under the penalty for perjury that the foregoing statements are
true and correct to the best of my knowledge, information, and
belief (28 USC
1746).
Respectfully submitted,
/s/ Andy William
Andy William
Vice
President and Chief Operating Officer
Accredited Business Consolidators
Corp.