|By Marketwired .||
|December 13, 2012 01:40 AM EST||
MANAGUA, NICARAGUA -- (Marketwire) -- 12/13/12 -- Accredited Business Consolidators Corp. (OTCQB: ACDU) provides this update to its shareholders in response to inquiries.
Many shareholders have inquired into the purchase of 135 acres of land on the Bay of Bluefields, Nicaragua. The parties have agreed on a final price and have executed all documents, but because of holidays in Nicaragua, it is unlikely that the purchase will be finalized until early 2013. The land can be viewed at ACDU's Bluefields Project website http://www.bluefields.accreditedbiz.com. The Bay of Bluefields provides direct access to the El Bluff/Bluefields Port and the Caribbean Ocean.
The Company continues to work on its websites, www.accreditedrx.com and www.accreditedcoupon.com. These sites will be used to distribute discount prescription cards that enable purchasing medicine from most pharmacies at discounted prices. During 2013, the Company will conduct advertising as to its internet hosting services found at www.accredihost.com. The Company ordered a NOBO (Non-Objecting Beneficial Owner) report and hopes to provide every shareholder listed with ten plastic prescription discount cards through the mail. Shareholders who notified their broker not to release information should contact the Company to obtain their free discount cards.
The Company entered into a contract with Made in Nicaragua, Inc., to jointly operate gift shops that sell products from artists in Nicaragua. Beginning in January 2013, Made in Nicaragua and AccreditedBiz will distribute paintings, metal art, wood crafts, pottery, and other hand crafted products. Made in Nicaragua will jointly operate the gift shop with AccreditedBiz in the prestigious Crowne Plaza Managuan operated by InterContinental Hotels Group. Made in Nicaragua will also be responsible for supplying the Art Hotel near Parque Las Palmas, Managua, with products for their guests. AccreditedBiz hopes to assist Made in Nicaragua with additional locations and importing Nicaraguan crafts to the United States in the second quarter of 2013.
ABOUT ACCREDITED BUSINESS CONSOLIDATORS CORP.
Accredited Business Consolidators Corp. is a diversified holding company focused on undervalued projects. The Company's authorized common shares are 450,000,000. 436,399,566 shares are outstanding of which 70,546,600 are restricted.
This is not an offer to sell securities. Statements made are forward-looking subject to risks and uncertainties. Statements included are made as of the date hereof, and the company undertakes no obligation to update such statements to reflect subsequent events or circumstances. Actual results could differ materially from anticipated results.
Accredited Business Consolidators Corp.
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