Replies to post #24607 on Accredited Business Consolidators Corp (fka ACDU)

[$BL$]

no,no shares are being sold by acdu

[@-@]

Sure, if you invested $8-10 ten years ago, lost all your money, and all of a sudden 25% is back, you might choose to take it.

However, if you look at the press releases, as far as certificate shares, only about a million shares went from cert to DTCC over the past year. That tells me most old shareholders were sleeping. But remember this was a big NASDAQ company 10 years ago and some mutual funds held shares. They could have seen the green and sold off.

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Latest PR January 19

The total number of authorized ACDU common shares is 450,000,000, and the common shares outstanding is 436,399,500. 329,086,200 shares are in the public float and on hand with CEDE & Co., 70,546,600 shares are restricted in certificate form, and 36,766,700 shares are unrestricted but in certificate form. There will be no increase in shares until at least June 30, 2010.
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Prior PR January 15

The total number of authorized common shares is 450,000,000, and the common shares outstanding is 436,399,500. 328,018,200 shares are in the public float and on hand with CEDE & Co., 70,546,600 shares are restricted in certificate form, and 37,834,700 shares are unrestricted but in certificate form. There will be no increases in shares until at least June 30, 2010.