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Accredited Solutions Inc (ASII) RSS Feed

Followers
245
Posters
575
Posts (Today)
92
Posts (Total)
11157
Created
08/14/11
Type
Free
Moderators i_like_bb_stock PENNIEStoSTACKS BigBadWolf beer$$money Chartmaster Jaxxm
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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
 
NEWS

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

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

https://www.diamondcreekwater.com/where-to-buy/

https://www.diamondcreekwater.com/faqs/
 

DD as of 08/07/24 ASII~NO R/S, NO A/S increase, NO dilution-debt eliminated, great JV Partnership with Apokar Investment Group, products are on the shelves of hundreds of stores, low float and ... 

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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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