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Re: None

Wednesday, 05/05/2010 7:48:25 PM

Wednesday, May 05, 2010 7:48:25 PM

Post# of 68397
IR Reply

I was out of town the past couple days. Its funny, when I left everyone was excited and happy and now everyone is complaining again. Thanks to everyone who is posting DD and communications with the company. Here is an email I received:

Hi XXXX,

In order to raise any money for our subsidiaries via a stock plan, we'll need to file a registration statement that will detail every aspect of the program (for each subsidiary).

Regardless, it's not going to be a situation where we use our shareholders and only give them a tiny fraction of the subsidiary.

Investor Relations
AccreditedBiz


This is what I sent:

You have been very responsible regarding dilution of ACDU. I understand one of the main reasons you are divesting your subsidaries is to raise capital via stock issuances. I am curious to know if you will disclose to your shareholders a plan for stock issuances on your subs? IE how much stock you are going to sell and how you are going to sell it?

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