Accredited Business Consolidators Corp (fka ACDU)

[budgetcuts0]

redf, not sure what your asking here, but if your asking if i would have seen a dilution filing, i would have got into that filing to see how many shares they are dumping, 20m, 50m..etc. The problem is i didn't go back far enough in the filings and see that REGDEX(506). We still have another problem besides that unlimited sale of securities..Reg S-K mentioned in the most recent 10Q filing..

FROM FILING..
"As a smaller reporting company as defined by Item 10 of Regulation S-K, we are not required to provide information solicited by this item."
Why, because of that Foreign Issuers Private Act
Item 10 - General
Item 10 suggests management make reasonable projections for the future; the tone is mild. More nervously, security ratings are voluntarily permitted for classes of debt securities, convertible debt securities and preferred stock. Incorporation by reference is rationally defined and implemented, no piggy-back referencing (no reference to a reference in another filed document) is allowed; non-GAAP financial measures are politely deprecated; Provision is made for smaller companies to escape the reporting tangle by only filling in items 101, 201, 301, 302, 303, 305, 402, 404, 407, 503, 504, 601.

Regulation S-K is a prescribed regulation under the Securities Act of 1933 that lays out reporting requirements for various SEC filings used by public companies. Companies are also often called Issuers (issuing or contemplating issuing shares) or Filers (entities that must file reports with the SEC) or Registrants (entities that must register (usually shares) with the SEC).

http://en.wikipedia.org/wiki/Regulation_S-K
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