Current Report Filing (8-k)
November 05 2013 - 1:10PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
WASHINGTON DC 20549
FORM 8-K
AMENDED CURRENT
REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF
1934.
DATE OF REPORT: November 5, 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 5.02 Departure of Directors or Principle
Officers
The Company announced the departure of Joanna
Chmielewska as officer and director pursuant to a directive of Abraham Blauvelt
Ltd., preferred shareholder. All compensation owed to Ms. Chmielewska will
be paid by Abraham Blauvelt Ltd.
ITEM 7.01 Regulation FD Disclosure
The Company issued a press release on November 5, 2013, stating that, over
the last several months, Accredited Business participated in negotiations to
purchase in excess of 300 acres of land in Bluefields, Nicaragua. The land is
accessible from the city. Considering the recent purchase by Abraham Blauvelt
Ltd., an Asian, American, and Latin American investment firm comprised of over
forty individuals and entities, it appears prudent to move forward with the
purchase. As such, a meeting will take place on November 6, 2013, in Managua,
Nicaragua. On November 9, 2013, a delegation of representatives from Accredited
Business and Abraham Blauvelt will visit Bluefields, Nicaragua, to reinspect the
premises and to view the Company's other parcel. On November 13, 2013, a final
binding letter of intent will be executed by the parties containing a closing
date.
The press release also stated that, on November 5, 2013, Abraham
Blauvelt Ltd. announced that it agreed to appoint a new interim President no
later than November 15, 2013. As such, the Company utilized its voting
privileges to replace Company President Joanna Chmielewska. Abraham Blauvelt
Ltd. agreed to pay Ms. Chmielewska, who never received a salary, a termination
fee of $1,350,000. The payment will be paid by Abraham Blauvelt Ltd. The Company
thanks Ms. Chmielewska for her services which included lucrative land projects.
The press release explained Abraham Blauvelt Ltd.'s agents will also finalize
financing of a parcel of land near the Aeropuerto Internacional Augusto C.
Sandino in Managua, Nicaragua, that it is already in the process of acquiring.
The utility-enabled land will allow the Company to build a traveler hotel with
between fifth and seventy rooms located less than half a mile from the airport.
The project will be assigned to Accredited Business, which will become owner of
the land. Construction is planned to begin no later than January with completion
of Phase I in April 2014.
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: November 5, 2013
ACCREDITED BUSINESS CONSOLIDATORS
CORP.
By: /s/ Andy William
Andy William, Vice President and
Chief Operating
Officer
web:
www.accreditedbiz.com
fax:
1-267-371-5168