Re:ACDU..
Not only that but they are slated to release Audited financials.. They filed for an extension earlier this month.. We could see the numbers any day now.... Following audited financials they have 3 dividends scheduled.. 2 are spinoffs of divested subsidiaries and the other is a 250:1 divy of acdu.
1st Dividend is a 1:1 --------
Accredited Suppliers Corp dividend----->
By beginning operations before the end of the year, ASC can file a registration statement with the Securities and Exchange Commission in early January so that it may divest itself of the company by spinning it off, 1:1, to avoid commingling operations with IOVE's (ACDU) core businesses
2nd Dividend is a 250: 1
Accredited Consolidators Europe, PLC divi----->
Once this occurs, IOVE (ACDU) will release 1,745,598 of its shares to IOVE's common shareholders through a dividend. For every 250 shares of IOVE, the shareholder will receive 1 share of ACE PLC. IOVE's treasury will continue to hold the remaining 2,254,402 shares.
3rd Dividend is 1 for 1 :
Richwood Eco Ventures Inc----->
The Company's plan to divest Richwood Eco Ventures Inc. during the second quarter of 2010. "ACDU's plan is to separate REVI from its core operations, and the expansion will not alter the plans to issue a 1 for 1 stock dividend. In fact, the separate is crucial for expansion," Perez advised.
Accredited Business Consolidators Corp. (ACDU) Stock Trading Info:
AI
