Accredited Solutions Inc (ASII)

[Bubae]

We have a pretty good idea what is going on behind the scenes and the ugliness is in the filings. We know the company has added roughly 562 million shares from December 4th to the last February 7th OS update showing 3.2 billion shares currently outstanding. They have the Apollo conversions, they have the conversions defined in the amended 60-Day Lock-Up and 6-Month Leak-Out deals of September 2024. To cap all that off the company also has a regualtion A offering that was qualified by the SEC back in October. It has been two weeks sine the last OS update and I'm betting when we see a new one we will see another nice increase.

They have the amended debt conversion agreements that run through the middle of May, see the September 18th 8K linked below. Link to the September 18th press release is in post# 20461. "...60-Day Lock-Up and 6-Month Leak-Out on All Conversions..." The leak out period defined in the amended agreements runs through May 15, 2025.

We know that Apollo has converted some of their debt because of the SCHEDULE 13G filed January 28th reporting ownership of more than 8.72% at 252,100,840 shares. Post# 20418 details with link to the Q3 filing. The Apollo conversion language could have secured a conversion price based on the lowest trading price in December of $0.0003 resulting in a conversion of 60% discount to market or $0.00012 a share.

People here are complaining that the price isn't getting any traction. These posts can easily explain why. They need to suck up as much of the available liquidity as possible so they aren't going to let the price move up to then compete with profit takers for sales. The strategy as I see it is typical. That is soak it up at each level until the liquidity isn't manageable then move it down for the new bargain hunters. Rinse repeat. Clearing as much debt with this structure as possible then split the stock to make the reg A offering viable.

This board has gotten ugly again. Truth is...no one knows what's going on behind the scenes.

FORM 8-K filed September 18, 2024
Amended debt conversion agreements that run through the middle of May 2025
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001464865/000147793224005811/asii_8k.htm

Bubae
Re: urge2surge post# 20409
Wednesday, February 19, 2025 9:00:30 PM
Post# 20418 of 20526
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175832017

[color=red]Have to agree with you there urge. The set-up here is terrible. They filed a regulation A offering on September 9th priced at $0.30, SEC qualified it on September 24th, they then increased the authorized in October from 2.5 billion to 5 billion. I see a SCHEDULE 13G filed January 28th reporting ownership of more than 8.72% at 252,100,840 shares so I have to wonder if they would like to clear some existing conversions prior to a potential split and the selling of the reg A. The Q3 filing shows that there were 2,653,493,596 as of December 04, 2024, so 561,961,625 shares added since. They also wrote a bunch of new notes beginning last August. Very messy.[/color]

Bubae
Re: None
Thursday, February 20, 2025 7:08:01 AM
Post# 20424 of 20526
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175832709

People do get upset when you show up posting from the filings. They have the reg A queued up and those shares Apollo converted could have been quite a while back considering the time requirements for filing the schedule 13G. Note language is 60% discount to market for the lowest trading price of the previous 30 days. 561,961,625 shares added to the OS since December 4th. The last update was February 7th so watch to see if there is a significant increase in the OS on the next update. I'm betting that there is. Could be they are unloading as much as possible before a split to make the reg A viable. On thing is for sure, they won't sell much of that reg A at the bottom of the trips.

Bubae
Re: Bubae post# 20460
Thursday, February 20, 2025 9:49:58 PM
Post# 20461 of 20526
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175837777

Didn't happen anyway right? The reg A offering is still not viable at the current price of $0.30. They also went on to add 779,737,748 shares to date from the outstanding share count about the date of the press release of 2,435,717,463 OS for October 23, 2024 as reported by a member of this board. The DEF 14C filed October 1st revealed that the outstanding share count on September 01, 2024 was 2,071,000,000 shares. so 1,144,455,221 during the period to date. I wouldn't buy the narrative that the company is concerned about dilution of the common. So what do they do to make the reg A viable, and when. Those September agreements leak out until May 15, 2025.