There's been news for a long time about the canal, the land, and kissy kissy to the Ortega administration. Only the volume and price change has brought the interest, both positive and negative. Perhaps nothing extraordinary is happening with the company, just the traders.
Accredited Business Consolidators Corp. Warns United States Enterprises to Immediately Create Investment Strategies in Nicaragua or Miss Opportunities With the Prospective Grand Canal
PHILADELPHIA, June 11, 2013 (GLOBE NEWSWIRE) -- Accredited Business Consolidators Corp. (OTC:ACDU) today issued a warning to United States enterprises and investors to immediately develop investment strategies in Nicaragua.
AccreditedBiz notes that North America is lagging behind in its investment in Nicaragua while other countries move forward in the region. On June 10, 2013, the legislature in Nicaragua approved a concession for Hong Kong based HK Nicaragua Canal Development Investment (HKND) to move forward with its plans to build a canal through Nicaragua. The project will bring in over $40 Billion into the Nicaraguan economy and create over 40,000 professional jobs. Long term, the project will increase Nicaragua's economy. While many news outlets are spending time speculating about the background of HKND, the enterprise already appointed well credentialed spokespersons, such as Ronald MacLean Abaroa, the former mayor of Bolivia's capital, La Paz, who was the Lead Public Sector Specialist for the World Bank. Contrary to speculation, HKND appears to be spearheaded by Chinese telecommunications company Xinwei. Xinwei's chairman, Mr. Wang Jing, made it clear that he intends to retain United States and British consultancy companies and to seek outside investment into the project. His invitation for American involvement should not be forsaken.
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