accredited business consolid
(ACDU:OTC US)
accredited business consolid (ACDU) Snapshot
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Open
$0.0021
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Previous Close
$0.0022
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Day High
$0.0021
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Day Low
$0.0021
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52 Week High
10/18/12 - $0.0060
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52 Week Low
07/30/12 - $0.0008
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Market Cap
916.4K
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Average Volume 10 Days
297.7K
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EPS TTM
--
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Shares Outstanding
436.4M
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EX-Date
--
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P/E TM
--
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Dividend
--
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Dividend Yield
--
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Related News
accredited business consolid (ACDU) Related Businessweek News
No Related Businessweek News Foundaccredited business consolid (ACDU) Details
Accredited Business Consolidators Corp. invests in small start-up enterprises. It also loans money to these types of enterprises to enable the enterprises to develop a business plan. The company was formerly known as The Italian Oven, Inc. and changed its name to Accredited Business Consolidators Corp. in October 2009. Accredited Business Consolidators Corp. was founded in 1990 and is based in Managua, Nicaragua.
accredited business consolid (ACDU) Key Developments
On 04/01/2013, Accredited Business Consolidators Corp. announced that they will be unable to file their next 10-K by the deadline required by the SEC.
On 11/14/2012, Accredited Business Consolidators Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
Accredited Business Consolidators Corp. tentatively agreed to purchase land on the Bay of Bluefields, Nicaragua. The Bay of Bluefields provides direct access to the El Bluff/Bluefields Port and the Caribbean Ocean. Many imports to Nicaragua arrive at El Bluff and are taken on smaller boats to the El Rama Port for transportation by ground vehicle to Managua. Many of these boats pass near the Accredited property as they travel to the Escondido River. Over the next two months, the Company will finalize its financing and the formation of a Nicaraguan corporation to hold the property and further develop its plans. The Company will not issue any additional shares in connection with this transaction.Rather, the property acquisition will be financed through a banking lender, by the seller, or through a warehouse line of credit from My Pleasure Ltd., United Kingdom, the majority owner of AccreditedBiz.Any debt incurred as a result of the transaction will be long term in nature and at standard commercial interest rates. The Company believes that Nicaragua presents a politically stable environment for business that is achieving growth in its development sector. The present administration has not engaged in practices that harm business or investment and has treated foreign capital on fair terms. For the long term, the company believe that the value of land development in the Bay of Bluefields will be assisted as the Nicaragua improves ground transportation to Bluefields and near the land. As relations between Nicaragua and the investment community improve as a result of the continued stable and pro-business environment in the country, additional opportunities will present themselves. AccreditedBiz hopes to be on the ground floor of these developments.
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| ACDU:US | $0.00 USD | -0.0001 | |
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Industry Analysis
ACDU
Industry Average
| Valuation | ACDU | Industry Range |
| Price/Earnings | -- | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | -- | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
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To contact ACCREDITED BUSINESS CONSOLID, please visit www.accreditedbiz.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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