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Accredited Solutions Inc (ASII) RSS Feed

Followers
328
Posters
783
Posts (Today)
1
Posts (Total)
23980
Created
08/14/11
Type
Free
Moderators BigBadWolf pinkslipjunkie JFBroderick Debunkinator beer$$money

-------------------------------------------------------------------------Nothing above only below this section maintained by BBW--------------------------------------------------------------------
 

Authorized Shares 5,000,000,000 05/02/2025 
Outstanding Shares 3,662,621,888 05/02/2025 
Restricted 104,905,224 05/02/2025 
Unrestricted 3,557,716,664 05/02/2025 
Held at DTC 3,557,709,190 05/02/2025 

Authorized Shares 5,000,000,000 04/25/2025 
Outstanding Shares 3,662,621,888 04/25/2025 
Restricted 104,905,224 04/25/2025 
Unrestricted 3,557,716,664 04/25/2025 

Authorized Shares 5,000,000,000 05/02/2025 

Outstanding Shares 3,662,621,888 05/02/2025 
Restricted 104,905,224 05/02/2025 
Unrestricted 3,557,716,664 05/02/2025 
Held at DTC 3,557,709,190 05/02/2025 

Authorized Shares 5,000,000,000 04/25/2025 
Outstanding Shares 3,662,621,888 04/25/2025 
Restricted 104,905,224 04/25/2025 
Unrestricted 3,557,716,664 04/25/2025 
Authorized Shares 5,000,000,000 04/11/2025
Outstanding Shares 3,527,621,888 04/11/2025

Restricted 104,905,224 04/11/2025
Unrestricted 3,422,716,664 04/11/2025

Authorized Shares 5,000,000,000 03/28/2025
Outstanding Shares 3,527,621,888 03/28/2025
Restricted 104,905,224 03/28/2025
Unrestricted 3,422,716,664 03/28/2025

Authorized Shares 5,000,000,000 03/14/2025
Outstanding Shares 3,527,621,888 03/14/2025
Restricted 104,905,224 03/14/2025
Unrestricted 3,422,716,664 03/14/2025
Held at DTC 3,422,709,190 03/14/2025

Authorized Shares 5,000,000,000 01/17/2025
Outstanding Shares 2,888,787,714 01/17/2025
Restricted 104,905,224 01/17/2025
Unrestricted 2,783,882,490 01/17/2025
Held at DTC 2,783,879,420 01/17/2025


Authorized Shares 2,500,000,000 07/25/2024 
Outstanding Shares 1,534,972,465 07/25/2024 
Restricted 170,140,397 07/25/2024 
Unrestricted 1,364,832,068 07/25/2024 
Held at DTC 1,364,828,998 07/25/2024
 
Accredited Solutions, Inc. (OTC: ASII) Signs Letter of Intent to Merge with Everest Consolidator Acquisition Corporation (EVCO), Paving the Way for a Nasdaq Listing 

Everest Consolidator Acquisition Corporation changed it's stock ticker from MNTN to EVCO on February 27, 2025 as shown on this website: https://www.ainvest.com/news/daily-corporate-actions-feb-27-2025-2502/

 
NEW YORK, NY - March 21, 2025 (NEWMEDIAWIRE) - Accredited Solutions, Inc. (OTC: ASII) ("Accredited Solutions" or the "Company") is pleased to announce the signing of a Letter of Intent (LOI) with Everest Consolidator Acquisition Corporation (EVCO) for a business combination that would result in ASII becoming a publicly traded company on Nasdaq. 

This proposed transaction aligns with ASII's long-term growth strategy, providing access to additional capital markets, accelerating acquisition plans, and enhancing shareholder value. Under the terms of the LOI, EVCO will acquire 100% of ASII in a share exchange transaction, with ASII shareholders expected to own approximately 70% of the combined entity upon completion. The transaction will not require a reverse stock split of ASII's common stock, as all currently issued and outstanding stock will be exchanged into EVCO stock once the merger is complete. 

The business combination takes place against a shifting SPAC environment, where many firms have struggled to find suitable merger candidates, leading some to delist from major exchanges and transition to the OTC market. This changing landscape has led to reduced deal fees and lower expectations, presenting an opportunity for smaller companies like ASII to list on Nasdaq with a more cost-effective structure. 

"In our opinion, a Nasdaq listing will absolutely unleash shareholder value," said Eduardo Brito, CEO of Accredited Solutions, Inc. "The enhanced visibility, credibility, and access to institutional investors will allow us to secure significantly cheaper capital. With lower financing costs, we can accelerate our acquisition strategy and scale ASII's growth much faster than currently possible. This is a transformational step for our company and its investors." 

"We look forward to working with EVCO's current management team to pull all combined resources into building a great company," Brito added. "During the negotiation process, we've gotten to realize that EVCO's current management will be an incredibly synergistic partnership in our new future together. We are confident that this transaction will move forward successfully and position ASII for long-term growth." 

The parties anticipate finalizing a definitive merger agreement within the next 30 days, with a targeted closing within 150 days, subject to customary approvals and conditions.

Everest Consolidator Acquisition Corporation, a special purpose acquisition company targeting the wealth management industry looks for companies with owners and managers who want financing to grow an existing business....companies looking to cash out or leave the business is not part of their agenda...looking forward to the acquisition here.

 
NEWS
NEW YORK, NY - April 2, 2025 (NEWMEDIAWIRE) - Accredited Solutions, Inc. (OTC: ASII) ("Accredited Solutions" or the "Company"), a technology-driven fintech company, is pleased to provide this shareholder update, building upon the momentum of 2024 and announcing a major step forward in its path to becoming a publicly traded Nasdaq company. 
https://www.newmediawire.com/news/accredited-solutions-otc-asii-issues-q1-2025-shareholder-letter-7080241

https://www.newmediawire.com/news/accredited-solutions-inc-otc-asii-signs-letter-of-intent-to-merge-with-everest-consolidator-acquisition-corporation-evco-paving-the-way-for-a-nasdaq-listing-7080010
 Nasdaq listing will absolutely unleash shareholder value," said Eduardo Brito, CEO of Accredited Solutions, Inc. "The enhanced visibility, credibility, and access to institutional investors will allow us to secure significantly cheaper capital.
FORM 10-K For the fiscal year ended December 31, 2023

Everest Consolidator Acquisition Corporation (EVCO)

Our executive offices are located 4041 MacArthur Blvd, Newport Beach, CA 92660 and our telephone number is (949) 610-0835.
We maintain a corporate website at https://belayoneverest.com/

Initial Public Offering

On November 29, 2021, we consummated our initial public offering (our “IPO”) of 17,250,000 units (including 2,250,000 units sold pursuant to the full exercise of the IPO underwriters’ option to purchase additional units to cover over-allotments). Each unit consists of one share of Class A common stock and one-half of one redeemable warrant (the “public warrants”), with each whole warrant entitling the holder thereof to purchase one whole share of Class A common stock for $11.50 per share. The units were sold at a price of $10.00 per unit, generating gross proceeds to the Company of $172,500,000. Following the consummation of the IPO, total of $175,950,000 of the net proceeds from the IPO and the private placement, which included the $6,037,500 deferred underwriting commission, were placed in a U.S.- based trust account at J.P. Morgan Chase Bank, N.A. maintained by American Stock Transfer & Trust Company, LLC, acting as trustee (the “Trust Account”).

Stock Beneficially Owned Class A common stock
Everest Consolidator Sponsor (our sponsor) (2) (3) 4,312,500 36.8%
Adam Dooley (2) (3) 4,312,500
All officers, directors and director nominees as a group (2) 4,312,500 36.8%

(2) Interests shown consist solely of founder shares, classified as Class B common stock. Such shares will automatically convert into Class A common stock at the time of our initial business combination.

(3) shares reported are held in the name of our sponsor. Certain of our directors, officers and their affiliates hold membership interests in our sponsor. Our sponsor is controlled by Belay Associates, LLC. Adam Dooley is the manager of Belay Associates, LLC. As such, Adam Dooley may be deemed to have beneficial ownership of the Class B common stock held directly by our sponsor. www.belayoneverest.com.

Other Shareholders Less than 5%
Jacqueline Shoback
Rebecca Macieira-Kaufmann
Elizabeth Mora
Peter Scaturro

Meteora Capital, LLC (4) + 1,290,124 11.0%
(4) Based solely a Schedule 13G filed on February 14, 2024 by Meteora Capital, LLC and Vik Mittal https://meteoracapital.com/team/

Calamos Market Neutral Income Fund (5) +1,250,000 10.7%
(5) Based solely on a Schedule 13G filed on February 14, 2024 by Calamos Market Neutral Income Fund Assets: $15.3B https://www.calamos.com/strategies/market-neutral-income/

First Trust Capital Management, L.P. (6) + 1,146,713 9.8%
(6) Based solely a Schedule 13G filed on February 14, 2024 by First Trust
Assets $11.3B https://www.firsttrustcapital.com/

Fir Tree Capital Management, LP (7) + 1,082,094 9.2%
(7) Based solely a Schedule 13G filed on February 14, 2024 by Fir Tree Capital Management, LP (“Fir Tree”)
https://whalewisdom.com/filer/fir-tree-inc

Wolverine Asset Management LLC (8) + 864,639 7.4%
(8 )Based solely a Schedule 13G filed on February 1, 2024 by Wolverine Asset Management LLC (“WAM”), Wolverine Holdings, L.P. (“Wolverine Holdings”) https://www.wolvefunds.com/

Cowen and Company, LLC (9) + 698,401 6.0%
(9) Based solely a Schedule 13G filed on February 5, 2024 by Cowen and Company, LLC
https://finance.yahoo.com/news/cowen-company-llcs-strategic-acquisition-230228189.html

Saba Capital Management, L.P. (10) + 668,580 5.7%
(10) Based solely on a Schedule 13G/A filed on February 8, 2024 by Saba Capital Management, L.P. (“Saba Capital”)
https://www.sabacapital.com/our-firm/
 

Accredited Solutions Makes Final Decision to Not Go Forward With Reverse Stock Split

https://www.otcmarkets.com/stock/ASII/news/story?e&id=2937981


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DD link: 
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174876966 
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Today's Debt elimination news: 
https://www.globenewswire.com/en/news-release/2024/08/07/2925895/0/en/Accredited-Solutions-Reaches-Agreement-With-All-Convertible-Debt-Holders-for-Total-Debt-Reduction-and-Exchange-Into-Preferred-Stock.html 
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Mr. Alessi manages his private family office Janbella Group, LLC since 2015 and is the founder and CEO of Alpha Modus Corp, founded in 2014. 
** Footnote below Must Read**
 

JanBella Group, LLC 
Company Number 
1447364 
Limited Liability Company - Domestic 
Jurisdiction 
North Carolina (US) 
Registered Address 
20311 Chartwell Center Drive, 1469 
Cornelius, NC 28031 https://opencorporates.com/companies/us_nc/1447364 

Accredited Solutions, Inc. (OTC: ASII) 
FORM 8-K May 31, 2023 
Effective June 1, 2023, there occurred a change in control of the Company. On such date, pursuant to four separate Control Securities Purchase Agreements (collectively, the “Change-in-Control Agreements”), William Alessi acquired all of the outstanding shares of the Company’s Series A Preferred Stock, which securities provide Mr. Alessi voting control of the Company, As a class, the Series A Preferred Stock possesses 66.67% voting power of the Company. 

Fast forward as Mr. Alessi had other plans for "Accredited Solutions (ASII)." 

June 27, 2024 - Accredited Solutions, Inc. (OTC: ASII) , announces execution of MOU for distribution and strategic investment with search fund and start up incubator, Apokar Investment Group, LLC.  
"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. This "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. https://www.otcmarkets.com/stock/ASII/news/story?e&id=2937981 
July 25, 2024-Accredited Solutions, Inc. CEO Issues Shareholder Letter on Company Developments 
As we navigate our ongoing reorganization and strategic pivot... 
1. Partnership with Apokar 
2. Strategic Acquisitions: focus towards acquisitions in e-commerce and AI marketing...currently in discussions with potential M&A advisors and plan to establish an Advisory Board comprising experts in e-commerce, marketing, and logistics. Our acquisition targets will be profitable firms that exhibit explosive growth or offer direct synergies with our business model. 
3. Convertible Debt Restructuring https://www.otcmarkets.com/stock/ASII/news/story?e&id=2927731 

Aug. 05, 2024-Accredited Solutions Makes Final Decision to Not Go Forward With Reverse Stock Split Additionally, it will not increase its number of its authorized shares. Moreover, we acknowledge that we have not effectively communicated the next stage of our growth strategy and our plans to diversify our asset holdings through strategic and profitable acquisitions in e-commerce to our shareholders. This strategy will become clearer in the coming weeks and months as we begin executing on these plans and properly inform our shareholders. https://www.otcmarkets.com/stock/ASII/news/story?e&id=2937981 

Aug. 07, 2024-Accredited Solutions Reaches Agreement With All Convertible Debt Holders for Total Debt Reduction and Exchange Into Preferred Stock... 
"binding agreement with its lenders to exchange 100% of its currently outstanding convertible debt for a new series of preferred stock" 
" preferred stock will reduce the debt conversion discount from as high as 45% with some lenders to 15%, resulting in a 65% reduction in the discount rate in certain cases" 
"lenders have agreed to forgive 100% of the total interest and default interest accrued to date, thereby lowering the Company's overall debt and overhang by approximately 40%." 
We’ll be filing an 8-K in the coming few days to give further details of the transaction and to provide a pro-forma balance sheet to show more clearly what our overall balance improvement is as a result of this agreement." https://www.otcmarkets.com/stock/ASII/news/story?e&id=2941024 

ASII 
@ASII_Inc 
$ASII building a real company through acquisition roll ups with revenues & postive EBIDTA huge updates around the corner. 
#acquisitions #OTC NASDAQ #OTCQX 
10:33 AM · Aug 9, 2024 5,025 Views 
https://x.com/ASII_Inc 

ASII@ASII_Inc 
$ASII announcement coming Monday & 8K filing! 
#OTC #NASDAQ #AI 
8:49 AM · Aug 9, 2024 5,898 Views 
https://x.com/ASII_Inc 

Footnote** William Alessi CEO of Alpha Modus Corp, founded in 2014** 
Alpha Modus to List on NASDAQ Via Business Combination Agreement with Insight 
Acquisition Corp. 
~ Alpha Modus is an Artificial Intelligence Business that Develops Data Driven Technologies to Enhance Consumers 
In-Store Digital Experience ~ 

NEW YORK, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Alpha Modus, Corp. ("Alpha Modus"), a technology company 
with a core focus on artificial intelligence in retail, and Insight Acquisition Corp. ("Insight" or "IAC") (NASDAQ: INAQ), 
a special purpose acquisition company, today announced they have entered into a business combination agreement, 
dated as of October 13, 2023 (the "BCA"), regarding Insight's proposed acquisition of Alpha Modus (the "Business 
Combination"). 
Alpha Modus develops data-driven technologies in retail to enhance consumers' in-store experience at the point of 
decision. Since its launch in 2014, Alpha Modus has maintained its corporate mission of solving pain-points for retail 
businesses through providing actionable insights found in unstructured data. Alpha Modus intends to change the way 
brick and mortar businesses serve consumers through its robust portfolio of patented AI technology. 

The proposed Business Combination reflects an implied pro-forma enterprise value of approximately $175 million, plus a 
potential $22 million earn out for Alpha Modus stockholders and a $7.5 million earn out for Insight's sponsor both 
payable through the issuance of the combined company's common stock valued at $10 per share and based on share 
price targets for the combined company's common stock... https://s3.amazonaws.com/b2icontent.irpass.cc/2915/rl129447.pdf
 

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