Replies to post #2981 on Accredited Business Consolidators Corp (fka ACDU)

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Thank you for that. I don't think IOVE is going to be about claiming billions of dollars in sales or making outrageous claims, but is actually going to find real things for us in a diversified portfolio. The STBP transaction was only about $8000 on the open market, with negotiations for other debt. They must think that's a wise investment.

The Lehman investment, at the time they announced it, I would think was an $80,000 cash outlay. The notes were trading at $.15-.25. Now they're trading at .60 to even hitting $1. That was a smart investment IMO, IOVE tripled their money **so far**.

So unlike the scams out there, we're going to see the building of an enterprise with a lot of different things IMO.

[laurap]

thanks for posting that. i had not seen that. usually they write an 8k when they do anything but with the name change the 8k writing has slowed way down.

glad the name change is under our belt here.

very interesting, thanks for posting that!

The Bankruptcy Claims Fund, Inc., through the Italian Oven (Accredited Business Consolidators Corp.) purchased 77634 shares of Southeast Banking Corporation common stock, STBP, which is presently in bankruptcy with a plan approved. The Bankruptcy Claims Fund, Inc., is presently in preliminary negotiations to purchase claims belonging to third parties. As the negotiations are in their early stages, further details are not presently available.