Replies to post #21678 on Accredited Solutions Inc (ASII)

[Bubae]

They wanted to convey the notion of no reverse split in the press release. The NASDAQ narrative is a promotional distraction. You have to parse every word of what this company puts out. First this is a just letter of intent which is common when conversions are being done. They are telling everyone that this non-reporting shell trading on the expert market is their ticket to the NASDAQ. Ridiculous. Like they need that deal to qualify on price for an up-list attempt? You can simply get the price requirement with a split. To convert into the EVCO stock sporadically trading on the expert market at $11.00 you would see a ratio of 36,667 :1 to get there with this trading at $0.0003. Looks the same as reverse split to me, just much more massive. I'm sure that with the added shares, and if EVCO became free trading on a regular market, with the ASII story, that the price would be anywhere near $11.00. Again a ridiculous story but OTC retail will lap it up with the speculation which is the intent.

This company has two acquisitions in process right now and all that press release Friday was is a distraction and promotion that worked well to reset the price for the weekly conversions. Circle back to this post when they finish the current conversions and split the stock to make the regulation A offering viable. That regulation offering received its SEC qualification September 2024. At least iQSTEL expects to convert $500K of the common through an offering. Think that deal will provide the $1 million in cash for the GlobeTopper agreement?

They said there would not be an RS for ASII. Once it all becomes EVCO, they can, and will change their mind. Its the only way to reach the valuation needed for NASDAQ!1

Accredited Solutions, Inc. (OTC: ASII) Signs Letter of Intent to Merge with Everest Consolidator Acquisition Corporation (EVCO), Paving the Way for a Nasdaq Listing
Mar. 21, 2025 8:45 AM ET Source: Diamond Creek Water LLC.
https://www.newmediawire.com/news/accredited-solutions-inc-otc-asii-signs-letter-of-intent-to-merge-with-everest-consolidator-acquisition-corporation-evco-paving-the-way-for-a-nasdaq-listing-7080010

Accredited Solutions, Inc. (OTC: ASII) ("Accredited Solutions" or the "Company") is pleased to announce the signing of a Letter of Intent (LOI) with Everest Consolidator Acquisition Corporation (EVCO) for a business combination that would result in ASII becoming a publicly traded company on Nasdaq.

The transaction will not require a reverse stock split of ASII’s common stock, as all currently issued and outstanding stock will be exchanged into EVCO stock once the merger is complete.

MEMBERSHIP INTEREST PURCHASE AGREEMENT
https://www.sec.gov/Archives/edgar/data/1464865/000147793224006860/asii_ex21.htm

In consideration of the Acquired Interests to be sold by the Owner, ASII shall issue and deliver to the Owner, on the Closing Date (defined below), a promissory note (the “Closing Note”), in the form of Exhibit A attached hereto which will provide for the following consideration:

(a)$1,000,000 in cash payable on or before (Date two months from Closing Date) to be secured by the Acquired Interests, the assets of Acquired Company and additional protections set forth therein;

(b)$1,000,000.00 by delivery of 1,000 shares of the Series B Preferred Stock of ASII (the (“Series B Shares”); and

(c)$1,000,000.00 by the delivery of a secured promissory note to be secured by the Acquired Interests, the assets of Acquired Company and additional protections set forth therein.


IQST - iQSTEL Announces Strategic Sale of itsBChain Subsidiary, Plans to Distribute Stock Dividend to Shareholders as Part of Nasdaq Uplisting Strategy
iQSTEL logo (PRNewsfoto/iQSTEL)
NEWS PROVIDED BY iQSTEL Mar 12, 2025, 08:00 ET
https://www.prnewswire.com/news-releases/iqst---iqstel-announces-strategic-sale-of-itsbchain-subsidiary-plans-to-distribute-stock-dividend-to-shareholders-as-part-of-nasdaq-uplisting-strategy-302399201.html

iQSTEL has strategically monetized itsBChain, a pre-revenue subsidiary, selling its 75% stake for a total consideration of $1 million, which exceeds the company's total investment in the subsidiary.

The $1 million transaction is structured as follows:

$500,000 in ASII preferred shares, ensuring iQSTEL's value remains protected.
$500,000 in ASII common shares, which are expected to be registered in a resale offering filed with the SEC.

Next Steps

The definitive Purchase Agreement is expected to be executed no later than July 1, 2025. The agreement includes a $250,000 penalty clause, ensuring ASII's commitment to completing the transaction.