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As of 8:10 PM 06/29/15 All times are local (Market data is delayed by at least 15 minutes).

accredited business consolid (ACDU) Snapshot

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52 Week High
08/25/14 - $0.0080
52 Week Low
09/4/14 - $0.0001
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accredited 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) Top Compensated Officers

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accredited business consolid (ACDU) Key Developments

SEC Revokes Registration Of Registered Securities Of Accredited Business Consolidators

An Administrative Law Judge has issued an Initial Decision of Default as to Accredited Business Consolidators Corp. The Initial Decision found that the company was issuer of securities registered pursuant to Section 12(g) of the Securities Exchange Act of 1934 (Exchange Act), and the company failed to comply with Section 13(a) of the Exchange Act and Exchange Act Rules 13a-1 and/or 13a-13 by not filing required periodic reports with the Securities and Exchange Commission (SEC). The Initial Decision finds these allegations to be true and revokes the registration of each class of the company’s registered securities, pursuant to Section 12(j) of the Securities Exchange Act of 1934.

SEC Orders Hearings On Registration Suspension Or Revocation Against Accredited Business Consolidators Corp. For Failure To Make Required Periodic Filings

Securities and Exchange Commission (SEC or the commission) instituted public administrative proceeding to determine whether to revoke or suspend for a period not exceeding twelve months the registration of each class of the securities of Accredited Business Consolidators Corp. for failure to make required periodic filings with the Commission. In this Order, the Division of Enforcement (Division) alleges that the company was delinquent in its required periodic filings with the Commission. In this proceeding, instituted pursuant to Exchange Act Section 12(j), a hearing will be scheduled before an Administrative Law Judge. At the hearing, the judge will hear evidence from the Division and the company to determine whether the allegations of the Division contained in the Order, which the Division alleges constitute failures to comply with Exchange Act Section 13(a) and Rules 13a-1 and 13a-13 there under, are true. The judge in the proceeding will then determine whether the registrations pursuant to Exchange Act Section 12 of each class of the securities of the company should be revoked or suspended for a period not exceeding twelve months. The Commission ordered that the Administrative Law Judge in this proceeding issue an initial decision not later than 120 days from the date of service of the order instituting proceeding.

Accredited Business Consolidators Corp. Provides Update on the Development of Nicaragua Holdings

Accredited Business Consolidators Corp. provided an update on the development of its Nicaragua holdings. On July 7, 2014, HKND's Wang Jing presented feasibility studies for Nicaragua's forthcoming Interoceanic Grand Canal. The studies recommended the route begin in Puerto Brito and terminate at Puerto Punta Aguila. While AccreditedBiz hoped that the route would terminate in Bluefields, Nicaragua, this route terminates about thirty miles south of the area. Nevertheless, with the construction of the highway to Bluefields, which the company received information should be open by the end of 2014, along with the Carretera Nueva Guinea-Aguila, many industrial opportunities will be present for Bluefields and the company bayfront property. The company owns over one kilometer of land on the Bay of Bluefields that is ideal for port operations. In addition, the company owns one square kilometer of land through its nominee agents in the San Antonio area of Bluefields near the City's recycling facility. The one square kilometer of land is along Sconfran Creek, a small waterway that will be utilized for Bluefield's potable water.


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