Chartmaster
2 weeks ago
Accredited Solutions, Inc. Signs MOU With Apokar Investment for Strategic Investment and Distribution Partnership in Diamond Creek Water
NEW YORK, NY - (NewMediaWire) - June 27, 2024 - Accredited Solutions, Inc. (OTC: ASII) ("Accredited Solutions" or the "Company"), announces execution of MOU for distribution and strategic investment with search fund and start up incubator, Apokar Investment Group, LLC.
The agreement calls for a progressive investment in marketing, distribution, and strategic sales efforts for its flagship alkaline water products, Diamond Creek Water.
"As the interim management team, our primary mission was to rebuild trust with our suppliers, distributors, and, most importantly, our customers. Our ultimate goal, however, was to position the company for a seamless transition to a strategic partner with the expertise and networks to amplify our reach. This executed MOU lays the groundwork for a powerful alliance that will propel Diamond Creek Water to mass distribution far faster than we could achieve alone. We are thrilled about this partnership, not only for its potential to drive substantial growth for our subsidiary but also because it allows management to pursue other expansion opportunities, such as acquisitions and additional partnerships. That's where our efforts will now be focused on," said Eduardo Brito, CEO.
Apokar's incubator support for this investment will include the leadership of Shawn Heitz as the Operating Partner. Shawn has built scalable capabilities and delivered significant growth impact for some of the world's leading brands. With his experience in finance & strategy leadership roles in public companies, private equity portfolio companies, and serving clients at McKinsey & Company, he is the right person for the job. He was a key contributor to significant growth in enterprise value of Snyder's-Lance snack company - including strategic growth support for brands such as Snyder's of Hanover(R) pretzels, Lance(R) sandwich crackers, and Cape Cod(R) kettle chips. He has grown numerous privately-held brands from entrepreneur-level to mass market and is excited to support the next phase of growth of Diamond Creek Water.
"Partnering with Diamond Creek Water marks a significant milestone for Apokar Investment Group. We are excited to align our resources and expertise with such an innovative brand in the alkaline water market. This collaboration highlights our commitment to fostering growth and driving impactful outcomes as a search fund. Together, we are poised to unlock new opportunities and redefine standards in marketing, distribution, and strategic sales for the brand. Our shared vision and synergies position us for success, and we look forward to a prosperous journey ahead," said John Wiesehan III, Managing Partner at Apokar Investment Group, LLC.
About Apokar Investment Group:
Apokar Investment Group is a dynamic and forward-thinking investment firm with a unique focus on fostering entrepreneurial talent and driving innovation. Comprising a diversified portfolio spanning various industries, Apokar specializes in identifying promising ventures and providing them with the necessary resources and support to thrive.
At the heart of Apokar's strategy is its commitment to two key pillars: the search fund model and startup incubation. Through its search fund, Apokar actively seeks out and invests in talented entrepreneurs and promising business opportunities. Meanwhile, Apokar's startup incubator provides early-stage companies with the guidance, mentorship, and operating resources needed to navigate the complexities of the market and accelerate their growth trajectory.
With a hands-on approach and a collaborative ethos, Apokar works closely with its portfolio companies to drive value creation and strategic growth initiatives. By leveraging its extensive network, industry expertise, and access to capital, Apokar is dedicated to cultivating a culture of innovation, resilience, and success.
Sincerely,
Eduardo Brito
CEO
Relevant Links:
https://www.diamondcreekwater.com
https://www.apokar.com/
Safe Harbor Statement: Statements in this news release may be "forward-looking statements". Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions, or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release and Accredited Solutions Inc. undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.
Accredited Solutions, Inc Contact:
contact information:
info@diamondcreekwater.com
Follow Us on:
X (Twitter): @asii_Inc
Source:
Accredited Solutions, Inc.
https://www.diamondcreekwater.com
https://www.otcmarkets.com/stock/ASII/news/story?e&id=2903104
Chartmaster
2 months ago
Accredited Solutions, Inc. CEO Releases Shareholder Letter on State of Affairs
NEW YORK, NY - (NewMediaWire) - May 22, 2024 - Accredited Solutions, Inc. (OTC: ASII) ("Accredited Solutions" or the "Company"), with its brand Diamond Creek Water, an ionized alkaline bottled water currently being distributed in major groceries and C-store chains, released a letter to its shareholders.
Dear Shareholders,
I hope this letter finds you well. In a continued effort to establish a fluent update to our shareholders, we issue this shareholder letter as a recap of the state of affairs of the company.
1. Sales and Distribution:
We are extremely pleased with the progress we have made since pushing forward with our new broker partner. In fact, in a relatively short amount of time, we are now in the last stages of gaining entry with two major grocery stores and one major convenience store.
2. e-Commerce:
Now that the company has begun to see real results from the new sales plan via brokers and distributors, it's begun to turn its attention to e-commerce. The management team is now in conversations with an award-winning digital agency that focuses solely on e-commerce. Our goal is to define the final e-commerce strategy and do a full launch during the 3rd quarter. After carefully analyzing the industry and seeing some very relatable case studies one of the strategies the company will be seriously considering focusing on a subscription model. We believe that if we can hire the right digital marketing partner, we could potentially see explosive revenue growth since e-commerce does not have the physical distribution limitations that broker/distribution sales networks have.
3. Branding and Digital Marketing:
The company is currently working side-by-side with Near Branding Agency on the new logo creation, new product development, and the design of our website, which will be focused on e-commerce. We will be rolling out the new branding strategy in the coming weeks.
4. Financing Activities:
The company is in the late stages of a debt reorganization plan with principal debt holders. Negotiations have been very positive, and we expect to reach a deal that would clean up the bulk of the debt in our balance sheet and agree on an organized payment plan that would dramatically limit debt repayment via the issuance of new common shares.
The company is very grateful for the support of its shareholders and has made creating shareholder value, not just by increased operations, but also through responsible financing as an absolute top priority. The new management team is intent on creating a great company, in a great industry that will create an amazing increase of shareholder value.
5. Financial Statements - Filings Obligations:
The company is working diligently with our 3rd party financial service providers and expects to file all its SEC filing obligations in the very short term.
We thank you for your continued support and for believing in our new management team. We will continue to make communication with our shareholders our top priority.
Sincerely,
Eduardo Brito, CEO
Relevant Links:
https://www.diamondcreekwater.com
Contact:
info@diamondcreekwater.com
https://www.otcmarkets.com/stock/ASII/news/story?e&id=2868568