Accredited Solutions Inc (ASII)

[jrf30]

Why? because the company quit selling Good Hemp, their main product, the CEO and directors quit, and there was nothing left but a shell, which was then sold to a new company that will now try to make it work under what will soon be a new name. But the old company basically (IMO) failed. Also, they did some toxic funding through Power Up and P U had rights to buy shares at a ratio of the 10 day low price. So it didn't matter what low price it went to, P U still got it at a discount, then they sold it to mitigate their loss, so they were giving selling pressure all the way down.

having said that, I thought it going below $.05 was TOO low, even for the shell. Although I bought many shares at a much higher price, I'm sad to say.

An honest answer as to why it went down. Not hype, not bearish, just what happened to a good company that I wish would have made it.