redf, fiqure it out yourself.
Budget

run4it, first of all i don't have alot of money in this stock, about what i would lose at a good poker game on a really bad night. Secondly, you have seen about once a month decent volume coming into this stock in big block dumps as other posters here have mentioned about the monthly volume more than once, guess who that is on a "limited basis." Since the dilution is on a limited basis and not an everyday dump i will gamble all my chips that i have left on a miracle, better known as another lie from our beloved company in the form of big news of some kind...... "I'M ALL IN".
Budget

Jumpster, there were people here who ask questions about why no emails, why no fins, why no divy's, is there dilution, why no filings, and i answered them but was attacked by 2 or 3 other posters so i answered them and it has continued to this point, i will not stand for being called a liar, everything i have posted here are facts with links to back what i say up. Why you didn't see me at the family barbecue was because i sitting at the adults table...lol
GLTU
Budget

The exemption allows a foreign private issuer to exceed the registration thresholds of Section 12(g) and
effectively have its equity securities traded on a limited basis in the over-the-counter
market in the United States
I,m going to bed, worked 10 hrs last night. So here's your shot to insult me or whatever people in denial do?
Night
Budget

Jumpster, i'm tired of the cheerleading, the no dilution posts, the outrageous predictions(pps) and then on the other hand the wondering why no news, the drop in share price, the divy's, it's all there if you can read and comprehend.
Budget

run4it, just as many times as it takes to understand it. They do not have to file "any" DILUTION filing with the SEC to dilute, that's as simple as i can state it.
Budget

run4it, just as many times as it takes to understand it. They do not have to file "any" DILUTION filing with the SEC to dilute, that's as simple as i can state it.
Budget

sky, i have proven everything i have said with facts and links, you have not done the same. I have done everything i can to get you to understand, the only thing i haven't done is "Backwards Chaining" which i don't think will even help.
GLTY
Budget

run4it, read it..this is what they are using according to the filing..
http://www.sec.gov/rules/proposed/2008/34-57350.pdf
Budget

sky, my assessments of this company are "FACTUAL", i am not the one in denial.....and that is not a river in Egypt!
"Denial is a defense mechanism postulated by Sigmund Freud, in which a person is faced with a fact that is too uncomfortable to accept and rejects it instead, insisting that it is not true despite what may be overwhelming evidence."
1. Yes i have sent many emails and left voice mails also to our pretend company and office which they need here in the U.S. only so they can legally dump on us and hide behind them being foreign & private.
2. Yes you are correct, the 10Q filing was a joke and a illusion..
"they were not prepared by a certified public accountant and are subject to revision in the event an auditing firm directs changes to the report." if they get caught!!!!
3.Finally you are getting it about being their own entities or entity which they use frequently in describing their "subs".
"how can an "imaginary" company have subs anyways???
4.It says in the filing that buying shares of ACDU does not benefit ACDU because you are buying from a third party which is Italian Oven International which is one of them and it had 800 million shares. ATTENTION BOARD MEMBERS i would like to apologize for putting an "H" in Joanna's name, i know that was relavent and very important to what is happening to us? Dated a Johanna recently, sorry.
5.I ask for facts in links, pictures or profile of J.C. and did not get them from you, she is the CEO or President of our supposed company, shouldn't there be some shred of evidence of her exitence besides just her signature.
6."Sucked into another piece of shit" this company has been lying to us all from day one and i am hoping that they have one more grand illusion lie in them and i'll be gone on that run.
7."Signs" it was a metaphor, here is the definition if this will help.."Metaphor is the concept of understanding one thing in terms of another. A metaphor is a figure of speech that constructs an analogy between two things or ideas"
"A figure of speech in which a word or phrase that ordinarily designates one thing is used to designate another, thus making an implicit comparison.
Budget

Veloyt, when you say "THIS STOCK" do you mean this pretend company that we supposedly own shares in? ACDU is an illusion with make believe subsidiaries that we own percentages of....but they are their own entities and we gain nothing from them!!! ACDU is just another entity(subsidiary) of My Pleasure Ltd. Johanna C. is living a good life off of all of us in the U.K. and she is fictional just like this company. If anyone wants to dispute this statement please bring facts in links, pictures or profile of J.C. God, i'm so mad at myself for getting sucked into another POS. A ex-Market Maker of 10+ years was in a trading room with me and he told me you will always learn something new everyday in the stock market till the day you die and he hasn't been wrong yet.
Veloyt, as far as "any signs" of life they are "STOP" "CAUTION" "YIELD" "HAZARDOUS"..
Budget

Not just for carter, this is from the 06-15-2010 10K filing which was for the period of 12-31-07, i learned something right here, i knew we were dealing with a foreign private company which had a controlling interest and i knew there had to be loopholes with a private company owning.....controlling interest....
"Securities registered pursuant to Section 12(b) of the Act: None
Securities registered pursuant to Section 12(g) of the Act: Class Common stock, $.01 par value"
http://www.sec.gov/Archives/edgar/data/933425/000093342510000023/f10k2007.htm
Here is Section12(g) that they are not saying "none" too...
SECURITIES AND EXCHANGE COMMISSION
17 CFR Parts 239, 240 and 249
[RELEASE NO. 34-57350; INTERNATIONAL SERIES RELEASE NO. 1307;
FILE NO. S7-04-08]
RIN 3235-AK04
EXEMPTION FROM REGISTRATION UNDER SECTION 12(g) OF THE
SECURITIES EXCHANGE ACT OF 1934 FOR FOREIGN PRIVATE ISSUERS
AGENCY: Securities and Exchange Commission.
ACTION: Proposed rule.
SUMMARY: We are proposing amendments to the rule that exempts a foreign private
issuer from having to register a class of equity securities under Section 12(g) of the
Securities Exchange Act of 1934 ("Exchange Act") based on the submission to the
Commission of certain information published outside the United States. The exemption
allows a foreign private issuer to exceed the registration thresholds of Section 12(g) and
effectively have its equity securities traded on a limited basis in the over-the-counter
market in the United States. Currently, in order to obtain the exemption under Exchange
Act Rule 12g3-2(b), a non-reporting foreign private issuer must submit to the
Commission written materials in paper, including a list of information that the issuer
must disclose publicly pursuant to its home jurisdiction laws or stock exchange
requirements, or that is sent to its security holders, along with paper copies of documents
containing the required information that the issuer has published for its last fiscal year. A
successful applicant may maintain the exemption by submitting to the Commission paper
copies of these documents on an ongoing basis. The proposed amendments would
2
eliminate paper submission requirements by automatically granting the Rule 12g3-2(b)
exemption to a foreign private issuer that meets specified conditions, which do not
depend on a count of an issuer’s United States security holders, and which would require
an issuer to publish electronically in English specified non-United States disclosure
documents.
http://www.sec.gov/rules/proposed/2008/34-57350.pdf
This is how they are doing it to us...slowly dumping...wow
Budget

Like i have recently said before and by the looks of those trades that i posted they are slowly dumping.
Budget

Price Size Exch Time
0.0032 50000 OTO 09:30:18
0.004 30000 OTO 01/24
0.0032 50000 OTO 01/24
0.004 50000 OTO 01/24
0.004 4999 OTO 01/24
0.004 4999 OTO 01/24
0.004 4999 OTO 01/24
0.0035 250000 OTO 01/24
0.0039 360000 OTO 01/24
0.0032 395000 OTO 01/24
0.004 100000 OTO 01/24
0.0042 5000 OTO 01/24
0.005 10000 OTO 01/21
0.005 20000 OTO 01/21
0.005 20000 OTO 01/21
0.0044 129905 OTO 01/21
0.0044 5000 OTO 01/21
0.0049 29000 OTO 01/21
0.005 4999 OTO 01/20
0.0044 26503 OTO 01/20
0.005 4999 OTO 01/20
0.0047 10000 OTO 01/20
0.005 10000 OTO 01/20
0.004 2627592 OTO 01/20
0.0045 9000000 OTO 01/20
0.0045 2000000 OTO 01/20
0.0044 216000 OTO 01/20
0.0044 1000000 OTO 01/20
0.0044 1000000 OTO 01/20
0.0044 1000000 OTO 01/20

H24ever, i think their are alot of us in the same boat here and i feel for everyone. The company has failed us through all the loopholes in those outdated "ACTS" that are still in effect and being used. As far as the company putting the shareholders first, why should the company care about it's shareholders when you buy shares of ACDU and it does not benefit our company, who does it benefit then? I have my own opinion of who it does and it's more than just one entity.
Budget

run4it, if you read the last so many posts from me and the links that i provided and you still can't comprehend it there nothing more i can do. Everytime i post something in bold letters from a paragraph that are facts and relevant i get accused of just picking through the bad parts, or i am a basher, or i get a dime a post...lol The filings are like a puzzle, you have to put the pieces together to get the big picture.
Budget

run4it, this has not been posted here before, this is completely new, please try to keep up. There is a reason for the company to mention these "ACTS", and do you know why that is...THEIR USING THEM!!!
Budget

H24ever, or whom ever, if you want the answers to alot of the questions asked, here they are....
EXHIBIT 99.1
"Accredited Consolidators Europe PLC Company No: 07045928 Status Report of the company on 16/10/09 The Registered Office of the Company is situated at 5 Jupiter House Calleva Park Aldermaston Reading Berkshire RG7 8NN My Pleasure Limited AND Joanna Chmielewska are appointed first Director(s). Joanna Chmielewska is appointed first Secretary pursuant to Section 10 of the Companies Act 1985-2006. Accredited Business Consolidators Corp. - 4000000 Share(s) AND My Pleasure Limited - 1000000 Share(s) are listed as Original Subscriber(s). IT WAS NOTED that the Company was registered as having 5000000 Shares of 0.01 British Pounds each with amount paid/due of .01 British Pounds and amount unpaid - .01 British Pounds and voting rights of 1 share = 1 vote
Here is the Companies Act link below...go to Section 10
http://www.sec.gov/about/laws/ica40.pdf
Once your in Section 10 you will see they mention Bank Holding Company Act of 1956, here is the link to that...click on D and G in Section 2
http://www.fdic.gov/regulations/laws/rules/6000-100.html
You will see the HOME OWNERS LOAN ACT mentioned, go to Section 10 of this link...
http://files.ots.treas.gov/73183.pdf
If you want answers here they are, lets see who wants to do some DD..
Budget

Run4It, we will soon know, here is something to pass the time that Johanna C. mentioned...
"DOYLESTOWN, Pa., Feb. 10, 2010 (GLOBE NEWSWIRE) -- Accredited Business Consolidators Corp. (Pink Sheets:ACDU) issued a resolution yesterday that directs its officers to create a Business Development Company. The corporation will be known as Accredited Business Development Company and will elect to be governed by the provisions of section 55 of the Investment Company Act of 1940." Here is Section 55...

105 INVESTMENT COMPANY ACT OF 1940 Sec. 55
ject to sections 55 through 65 upon receipt by the Commission of such notification of election.
(c)
Whenever the Commission finds, on its own motion or upon application, that a business development company which has filed a notification of election pursuant to subsection (a) of this section has ceased to engage in business, the Commission shall so declare by order revoking such company’s election. Any business development company may voluntarily withdraw its election under subsection (a) by filing a notice of withdrawal of election with the Commission, in a form and manner which the Commission may, by rule, prescribe. Such withdrawal shall be effective immediately upon receipt by the Commission.
(Aug. 22, 1940, ch. 686, title I, Sec. 54, as added Pub. L. 96-477, title I, Sec. 105, Oct. 21, 1980, 94 Stat. 2278; amended Pub. L. 100181, title VI, Sec. 625, Dec. 4, 1987, 101 Stat. 1262.)
FUNCTIONS AND ACTIVITIES OF BUSINESS DEVELOPMENT COMPANIES
SEC. 55. (a) It shall be unlawful for a business development company to acquire any assets (other than those described in paragraphs (1) through (7) of this subsection) unless, at the time the acquisition is made, assets described in paragraphs (1) through (6) below represent at least 70 per centum of the value of its total assets (other than assets described in paragraph (7) below):
(1) securities purchased, in transactions not involving any public offering or in such other transactions as the Commission may, by rule, prescribe if it finds that enforcement of this title and of the Securities Act of 1933 with respect to such transactions is not necessary in the public interest or for the protection of investors by reason of the small amount, or the limited nature of the public offering, involved in such transactions—
(A)
from the issuer of such securities, which issuer is an eligible portfolio company, from any person who is, or who within the preceding thirteen months has been, an affiliated person of such eligible portfolio company, or from any other person, subject to such rules and regulations as the Commission may prescribe as necessary or appropriate in the public interest or for the protection of investors; or
(B)
from the issuer of such securities, which issuer is described in section 2(a)(46) (A) and (B) but is not an eligible portfolio company because it has issued a class of securities with respect to which a member of a national securities exchange, broker, or dealer may extend or maintain credit to or for a customer pursuant to rules or regulations adopted by the Board of Governors of the Federal Reserve System under section 7 of the Securities Exchange Act of 1934, or from any person who is an officer or employee of such issuer, if—
(i) at the time of the purchase, the business development company owns at least 50 per centum of—
(I) the greatest number of equity securities of such issuer and securities convertible into or exchangeable for such securities; and
Sec. 55 INVESTMENT COMPANY ACT OF 1940 106
(II) the greatest amount of debt securities of
such issuer, held by such business development company at any point in time during the period when such issuer was an eligible portfolio company, except that options, warrants, and similar securities which have by their terms expired and debt securities which have been converted, or repaid or prepaid in the ordinary course of business or incident to a public offering of securities of such issuer, shall not be considered to have been held by such business development company for purposes of this requirement; and
(ii) the business development company is one of the 20 largest holders of record of such issuer’s outstanding voting securities;
(2)
securities of any eligible portfolio company with respect to which the business development company satisfies the requirements of section 2(a)(46)(C)(ii);
(3)
securities purchased in transactions not involving any public offering from an issuer described in sections 2(a)(46) (A) and (B) or from a person who is, or who within the preceding thirteen months has been, an affiliated person of such issuer, or from any person in transactions incident thereto, if such securities were—
(A)
issued by an issuer that is, or was immediately prior to the purchase of its securities by the business development company, in bankruptcy proceedings, subject to reorganization under the supervision of a court of competent jurisdiction, or subject to a plan or arrangement resulting from such bankruptcy proceedings or reorganization;
(B)
issued by an issuer pursuant to or in consummation of such a plan or arrangement; or
(C)
issued by an issuer that, immediately prior to the purchase of such issuer’s securities by the business development company, was not in bankruptcy proceedings but was unable to meet its obligations as they came due without material assistance other than conventional lending or financing arrangements;
(4)
securities of eligible portfolio companies purchased from any person in transactions not involving any public offering, if there is no ready market for such securities and if immediately prior to such purchase the business development company owns at least 60 per centum of the outstanding equity securities of such issuer (giving effect to all securities presently convertible into or exchangeable for equity securities of such issuer as if such securities were so converted or exchanged);
(5)
securities received in exchange for or distributed on or with respect to securities described in paragraphs (1) through
(4)
of this subsection, or pursuant to the exercise of options, warrants, or rights relating to securities described in such paragraphs;
Budget

Run4It, why by the 15th....
"The share issuance moratorium expires February 10, 2011. However, we have no plan to issue stock in ACDU. We do intend to issue stock in our subsidiaries to raise capital for them."
It kind of fits with my last post..
Budget

Dankbud, let's hope i'm not right, but every day that ticks by makes you wonder, here is something that has been bothering me for a while now and could be a big part in our not hearing from our company, could this be a rinse and repeat on the AIM?
Accredited Consolidators Europe PLC ("ACE"). ACE was formed in the United Kingdom in November 2009 as a public limited company. ACE will be a holding corporation similar to ABDC, discussed above. However, it will focus primarily on projects in Eastern Europe. While it will operate similar to a BDC, the Company may or may not choose not to register with the Securities and Exchange Commission and, instead, might only accept foreign investment capital. ACE hopes to eventually list with the Alternative Investment Market division of the London Stock Exchange in the United Kingdom. If the listing requirements turn out to be too expensive, the Company may file an offering statement with the Securities and Exchange Commission. However, this will be done as a last resort as the preference is for trading on an international exchange without trading in the United States. The Company cautions investors that ACE is presently not participating in any business activities and is in the development stage.
Budget

I have been hunting for hours for any information about Johanna C. and this is all i could find...
"http://www.koolsign.com/image.php?id=photo^_^33b_tochka_jpg^_^DomCasual^_^000000^_^18^_^120^_^145^_^0^_^343^_^295^_^24^_^Hi%2C+i+am+Johanna+C.+I+want+to+^_^thank+the+ACDU+shareholders^_^for+enriching+my+life.+Fins^_^and+BIG+news+coming+soon%21%21^_^.jpg"; border="0"><small>www.koolsign.com</small></a>
Budget

Louieforpar, lmao, i've used this phrase here before "feeling pizzed off and pizzed on", here soon we'll be saying i didn't even get the "courtesy reach around"...
Budget

BLUEBERRYFIELDS, your not chomping at the bit for cheap shares? That 10Q filing was dynamite, when i read it..it made me want to explode.
Budget

Still hoping for a Young Blood($10M) type news prediction miracle.
We need to see a change from the illusionist ACDU, they need to step on stage and pull one more PR miracle from it's hat and not go with their vanishing act.
Budget

carter, it's because i am honest and truthful about what i post, i do not let money compromise my morals or integrity. If by chance you want to talk about "facts" i will but otherwise F'off. Got a date, got to go, probably spend more on that date than i got money in this.
HONESTLY
Budget

Redf, it was a MOMO play, i quickly looked the the recent filings and did not see any dilution filings and got in, it turned bad because i smoked my harddrive, sounds familiar(memory chip)..lol Anyway by the time i was up and running again i was stuck.
Honestly
Budget

H24ever, i am a stockholder(stuckholder) like you are here, i just don't like the practice of this board. I am not the one who is F'ing with your money, i believe here soon you will know exactly who it is that is messing with your money and it will be what i been saying all along. Everyone here is anxious and excited for the "subs" to be filed and i believe that will be our death blow, My Pleasure Ltd will no longer need us as a "entity" because they will have at least 15 other "entities" to dilute.
Just my opinion..
Budget

Redf, we do not get anything for MB, it was it's own entity and never was ours just like all the other subs we supposedly have.... they are their own entities and are My Pleasure Ltd's.
"An entity is something that has a distinct, separate existence, although it need not be a material existence. In particular, abstractions and legal fictions are usually regarded as entities. In general, there is also no presumption that an entity is animate."
In the filings they refer to our subs as a ENTITY or ENTITIES, can you see a theme here.
Budget

sky, it is in the latest filing under..."Basis of presentation and going concern uncertainty"
http://www.sec.gov/Archives/edgar/data/933425/000093342510000029/f20100930.htm
Budget

sky, i think you misunderstood, understandably, what i was talking about and it wasn't about the filings, but your welcome also. Hey, here's a little bit from the latest filing about our supervising accountant..

"The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America; however, they were not prepared by a certified public accountant and are subject to revision in the event an auditing firm directs changes to the report."
Budget

sky, it wasn't just for me, it was for the whole board, again thanks.
Budget

Redf, what, at the vampire shop, i don't think they are mentioned anymore in latest filing.
http://www.marilyn.cr/
Budget

Louieforpar, can i guess?
LMAO
Budget

Sky, it looks like it was a 200k block???
Budget

Sky, thanks, you answered alot of questions.
Thanks again
Budget

Sky, this about history of these companies all the way back, do you mean "Accredited Group of Companies"?? as we our called now by the virtual office. Here is your Accredited Biz..
http://accreditedbiz.com/pg/start/index.php?keep_has_js=1
Do you know what this means about the divy's and the common stock?

"My Pleasure Ltd. is the Company's largest shareholder. As such, My Pleasure Ltd. may put itself in a superior position when these loans need to be repaid. Since My Pleasure Ltd. is the Company's majority shareholder and creditor, the Company may take action to achieve the best results for My Pleasure Ltd.

They own the Preferred Stock(500 million shares) and if My Pleasure takes "action" and it's less than a month away now we could get and probably won't get nothing. We have not heard anything from our company, emails, voice mails, news..etc.
Has anyone here ever talked to our President(JOANNA)or Andy for that matter? Do you fined it a conflict of interest or could be a conflict of our interest that Joanna holds the 500 million preferred shares and is My Pleasure Ltd., and is our President of ACDU also or whatever we are called now, do you?
Budget

"ACDU eventually changed its name to the Italian Oven, Inc., to reflect its operation of various Italian restaurants. However, in October 1996, ACDU did not have the funds to sustain itself. The Company filed for protection under Chapter 11 of the United States Bankruptcy Code. ACDU submitted a plan to the bankruptcy court which divested it of all assets, including intellectual property. The plan provided no payment to shareholders. However, the bankrutpcy did not cancel or extinguish the common shares of ACDU. The United States Bankruptcy Court for the Western District of Pennsylvania approved the bankruptcy plan and on July 17, 1998, ACDU emerged from bankruptcy."

"From the time ACDU emerged from bankruptcy until June 30, 2007, the company conducted no business. It had no operations and no assets. Rather, it simply remained dormant while management sought an opportunity for its shareholders.In 2008, My Pleasure Ltd. obtained control of the Company through a $150,000.00 investment. From that time on, the Company began its new business model of providing consulting services and making investments into new and distressed entities."
Budget

Mojocash, you poked the bear, after the chapter 11 and the forward split and the REGDEX the diluted shares our counted in the share structure and are being dumped by a third party as we speak, what do you think happened today, and the blocks the other day, their slowly dumping. That's why they keep moving the share issuance moratorium, they have more to dump, it sounds great but it's decieving. What do you think this plan is about....
"ACDU submitted a plan to the bankruptcy court which divested it of all assets, including intellectual property. The plan provided no payment to shareholders. However, the bankrutpcy did not cancel or extinguish the common shares of ACDU. The United States Bankruptcy Court for the Western District of Pennsylvania approved the bankruptcy plan and on July 17, 1998, ACDU emerged from bankruptcy.
Now with that above statement in mind tell me what this statement means, please facts only...
"In fact, when an investor purchases ACDU shares, it does not benefit the Company. Rather, the shares are being purchased from a third party who bought the shares on the open market or as part of the original offering by the Italian Oven between 1995 and 1997."
Now prove me wrong, you can't, you can guess or give me your opinion of what you think they are doing, but that's it. ACDU can say they are not diluting and that is the truth...it's already a done deal and in the hands of the third party who is dumping and the share structure is not changing because of that deal. If you post back to me......facts only please.
Worked 16hrs. going to bed...oh and another thing i'll call Action Stock Transfer tomorrow....
Budget

Mojocash, like i said before about the dilution, it is already in the "share structure". I will call Action Stock Tranfer tomorrow and ask them if they give share counts on any other companies they represent and will let the board know. Here is our reputable T/A's information...
"Action Stock Transfer is a private company categorized under Stock and Bond Transfer Agents and located in Salt Lake City, UT. Our records show it was established in 2005 and incorporated in Utah. Current estimates show this company has an annual revenue of 76,000 and employs a staff of approximately 1."
http://www.manta.com/c/mmd6twz/action-stock-transfer

Here is a post way before me....
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51213197
Budget