Accredited Bus. Consolidators Corp. Acquires Option to Purchase Additional Land in the Region Autonoma del Atlantico Sur, Nic...
November 12 2013 - 12:01AM
Marketwired
Accredited Business Consolidators Corp. Acquires Option to Purchase
Additional Land in the Region Autonoma del Atlantico Sur, Nicaragua
HONG KONG, CHINA--(Marketwired - Nov 12, 2013) - Accredited
Business Consolidators Corp. (PINKSHEETS: ACDU) today announced
that it entered into a one-year exclusive option to purchase over
1,500 acres of land in Nicaragua's Región Autónoma del Atlántico
Sur near a location known as "Ghost Point."
Agents of AccreditedBiz during an investor retreat in Bluefields
acquired the land purchase option. The option prohibits the seller
from entering into any agreement with third parties to purchase or
develop the land without the exclusive permission of AccreditedBiz
for three months. During the next thirty (30) days, AccreditedBiz
will conduct extensive due diligence as to the parcel. The due
diligence will include a title investigation.
Depending on the route of the Nicaragua canal chosen by HKND
Group, managed by Wang Jing of China, and the Government of
Nicaragua, it appears that the canal would need to cross through
the land. AccreditedBiz will most likely gift a portion of the land
to Nicaragua to the extent it is demonstrated that they need the
land for the canal and providing it receives access to access roads
that will be built.
AccreditedBiz learned that about fifty acres may be inhabited by
indigenous persons operating farms. The Company, with the goal of
providing opportunities and assistance to the inhabitants, will
make special efforts to preserve their operations, housing, and
culture in addition to offering them opportunities.
If the option is executed, the Ghost Point land will provide
AccreditedBiz with a large portfolio of land in addition to the 130
acres it presently owns on the Bay of Bluefields along with the 300
acres it is in the process of purchasing.
AccreditedBiz agents toured the Región Autónoma del Atlántico
Sur on November 9, 10, and 11, 2013. Pictures and video from the
tour will be linked to from www.accreditedbiz.net as soon as
practical along with further details.
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 purchasing 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
enterprise 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: 267-371-5168
www.accreditedbiz.net www.accreditedbiz.com