Accredited Business Consolidators Corp. Announces Change of Control
November 03 2013 - 11:09PM
Marketwired
HONG KONG, CHINA-(Marketwired - Nov 4, 2013) - Accredited
Business Consolidators Corp. (PINKSHEETS: ACDU) today announced
that equity members of My Pleasure Ltd., the Company's preferred
shareholder, entered into a private transaction valued at
$18,300,000 with Abraham Blauvelt Ltd. to sell its 500,000,000
preferred shares.
This transaction provides Abraham Blauvelt Ltd. with controlling
ownership of AccreditedBiz. Each preferred share provides a single
vote similar to the common shares. Therefore, Abraham Blauvelt Ltd.
will control fifty-three percent (53%) of the voting majority.
A meeting will occur next week to determine whether Abraham
Blauvelt Ltd. will vote in new officers. Shareholders and
interested parties are directed to pay attention to official issued
press releases, information on www.accreditedbiz.net issued by
management, and filings with the Securities and Exchange
Commission.
Abraham Blauvelt Ltd. is an international private investment
firm, focusing on shipping and energy platforms, with investors in
Hong Kong, China, Japan, Nicaragua, Costa Rica, and the United
States, formed for investment in Nicaragua while protecting
inherent equity of indigenous persons. Abraham Blauvelt Ltd.'s
policy is to assure that employment opportunities at physical
locations in Nicaragua will first be offered to indigenous persons
and involve a profit sharing program benefiting employees and
investors alike.
ABOUT ACCREDITED BUSINESS CONSOLIDATORS CORP.
ACDU is a diversified corporation. The total number of
authorized common shares is 450,000,000, outstanding is
436,399,566, of which 329,086,266 shares are in the public float.
ACDU owns over 125 acres of land in the Bluefields area of
Nicaragua and is in final negotiations to purchase additional
development grade land exceeding 300 acres. In addition,
AccreditedBiz is in the process of investing in several hotels and
housing developments in Nicaragua. These investments will make
AccreditedBiz an important player with respect to the forthcoming
Nicaraguan Canal. In addition, the Company maintains internet and
marketing businesses such as www.accreditedrx.com (free discount
pharmacy program), www.accredihost.com (offshore and domestic
internet hosting), www.ninedollardomains.com ($9 domain names),
www.accreditravel.com (hotel booking engine and travel site), among
others.
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.
Contact:
Investor Relations Accredited Business Consolidators
Corp.info@accreditedbiz.com Fax:
267-371-5168www.accreditedbiz.netwww.accreditedbiz.com