Accredited Solutions Inc (ASII)

[Bubae]

If they aren't able to get any more volume than this what do you think happens? They need some serious liquidity down here and they aren't getting it. Back in September the company made the stupid statement that they would settle the "60-Day Lock-Up and 6-Month Leak-Out " agreements using the reg A offering. Yeah, they said that it avoids any need for conversion into the Company’s common stock. Since the regulation A offering is free trading shares of the common stock that rates right up there with one of the dumbest comments of all time for these dilution schemes. That reg A was qualified by the SEC back in September and is priced at $0.30. They can't convert here without any interest so what do you think happens next. 😆

Dude... there has only been 6 trades today and with only 2 trades in the red 3s with 50 shared trades.... relax.. our time is coming....patience.

Accredited Solutions Reaches Agreement With 100% of Promissory Note Holders for 60-Day Lock-Up and 6-Month Leak-Out on All Conversions
September 18, 2024 08:00 ET
https://www.globenewswire.com/news-release/2024/09/18/2948146/0/en/Accredited-Solutions-Reaches-Agreement-With-100-of-Promissory-Note-Holders-for-60-Day-Lock-Up-and-6-Month-Leak-Out-on-All-Conversions.html

This interim agreement marks a significant milestone in the Company’s path toward a complete redemption of all outstanding variable price convertible instruments, thus avoiding the issuance of significant additional shares. As part of the redemption plan, Accredited Solutions intends to use proceeds from its upcoming Reg A offering to redeem the variable price convertible securities, thereby avoiding any need for conversion into the Company’s common stock. This strategy is designed to achieve a much lower cost of capital and dramatically limit shareholder dilution.

Bubae
Re: urge2surge post# 20409
Wednesday, February 19, 2025 9:00:30 PM
Post# 20418 of 20561
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175832017&txt2find=apollo

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.