[b]ACDU FULL 8K FILING !!! FORM 8-K[/b]
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934.
DATE OF REPORT: September 26, 2012 (Date of earliest event reported)
ACCREDITED BUSINESS CONSOLIDATORS CORP.
(Exact name of registrant as specified in its charter)
PA 0-27182 25-1624305
(State or other jurisdiction (Commission File IRS Employer
of incorporation) Number) Identification Number)
Accredited Business Consolidators Corp.
c/o Accredited Suppliers Nicaragua S.A.
De La Estatua de Montoya
1 Cuadra al Sur
Casa Esquinera
Apartado PA-228
Managua 10000
Nicaragua
(Address of principal executive offices)
1-267-864-7737 or +505-8796-8888
(Registrant's telephone number, including area code)
196 West Ashland
Doylestown, PA 18901
(Former Name or Former Address, if changed since last report)
ITEM 2.01 Completion of Disposition of Assets
Accredited Business Consolidators Corp. (OTCQB: ACDU) on October 1, 2012, acquired fifteen percent (15%) of the preferred and common stock of Accredited Transcription Corp. ("ATC"), a Pennsylvania corporation, in exchange for a three year management and consulting arrangement. ACDU cannot currently place a valuation on the acquisition because of the youth of the enterprise. ACDU acquired the stock directly from ATC. ACDU previously listed ATC in its financials as an enterprise it expected to acquire a percentage ownership in.
Effective October 3, 2012, ATC owns 100% of United States Patent 6,298,326. In March 2012, ATC acquired 66.6% of the patent. The remaining percentage was acquired on September 22, 2012. The United States Patent and Trademark Office acccepted the second assignment on October 3, 2012. ATC also maintains possession of working prototypes of machines that utilize the technology.
The patent provides for a voice transcription system whereby a user speaks into a telecommunications device, the voice is transmitted to a data center, and the data center converts the voice into text. ATC advised ACDU that it believes multiple companies, including Google, Apple, Samsung, Vlingo Inc., and others are clearly infringing on the patent. While these entities may have modernized the process, the core concept stems from the invention covered by some of the 24 claims within Patent 6,298,326. ATC informed ACDU that it intends to act promptly in notifying alleged infringers as to its claims and that it will vigorously pursue litigation to assure its technology is not being misused by third parties.
ITEM 1.01 Entry Into a Material Agreement
On September 26, 2012, ACDU entered into an agreement with RSS Marketing, Inc., to participate in a venture known as AccrediHost. RSS Marketing Inc. will manage the venture and provide ACDU with a commission amounting to fifty percent (50%) of the profit from the services. Through the www.accredihost.com website, the association offers access to low price international web hosting services with a choice of four different international data service locations. Prices start under $6.00 per month for web hosting plans. Users have a choice of having their data and websites hosted in the United Kingdom, Sweden, Australia, or the United States.Accredihost.com will be offering stand-alone domain names for $9.95 per year with no gimmicks. While many domain registration companies provide a low price for the first year only, Accredihost.com will retain competitive pricing no matter how many years of service are applied for. The $9.95 annual registration cost includes .com, .org, .net, .info, .de, .ru, .biz, .us, .co.uk, and .eu domains.Accredihost.com also introduced www.stockholmhost.com to focus on its Pionen Data Center-based hosting offerings. The Pionen Data Center in Sweden is one of the most reputable and secure data centers in the world, successfully hosting Wikileaks without interruption. Through www.stockholmhost.com, the data center is available to smaller companies and websites at low prices. To focus on the United Kingdom data center, Accredihost.com created www.london-host.com. While the site features the United Kingdom data center, it also allows customers to sign up for services at the other hosting locations. Shareholders should note that RSS Marketing Inc. is aligned with ACDU and shares certain management. ACDU provides consulting and management services to RSS Marketing.
ITEM 8.01 Other Matters
As most shareholders are aware from our previous filings and press releases, our address at 196 West Ashland Street in Doylestown, Pennsylvania, is a virtual office. Our officers are not located in the United States. Our President, Joanna Chmielewska, resides in the European Union. Our Vice President and Chief Operating Officer, Andy William, resides in Nicaragua. The majority of our business records are kept in Nicaragua in the possession of Mr. William. Many of our business activities are in Nicaragua including our consulting services and loans made to Richwood Eco Ventures, Inc., and Accredited Suppliers Nicaragua, S.A.
To provide a physical location for our business records, we have entered into a sub-lease with Accredited Suppliers Nicaragua, S.A., to share their physical office located at De La Estatua de Montoya, 1 Cuadra al Sur, Casa Equinera, Managua, Nicaragua. Although mail service is possible to our physical address, because the office is only sporadically staffed, we ask that correspondence continue to be sent to our Pennsylvania virtual office or to our Post Office Box in Nicaragua: Accredited Group; Apartado PA 228; Managua 10000, Nicaragua.
In accordance with Pennsylvania law, any legal correspondence, official filings, summonses, notices, tax demands, etc., should be served on our Commercial Registered Office Provider, ABC Agents, Inc., in Westmoreland County, Pennsylvania.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be
signed on its behalf by the undersigned hereunto duly authorized.
Dated: October 4, 2012
ACCREDITED BUSINESS CONSOLIDATORS CORP.
By: /s/ Andy William
Andy William, Vice President and Chief Operating Officer
web: www.accreditedbiz.com
fax: 1-267-371-5168
ACDU FULL 8K FILING !!! FORM 8-K CURRENT REPORT
Top 10 Most Recent News Articles
Gaine Expands Healthcare Data Solutions Ahead of HLTH 2026
Ever felt like healthcare systems are still stuck in a bygone era, struggling with data flinging through the void? Well, Gaine Technology is throwing down its gauntlet to change that narrative. Successful in pharmaceuticals and life sciences, they're turbocharging their Consent and Preference Management solution across the vast, tangled web of healthcare markets just in...
Continue Reading
Optikos Secures CMMC Level 2, Eyeing Defense Market
Optikos Levels Up with CMMC Certification In a world where cybersecurity threats are lurking around every corner, Optikos has just joined the rarefied ranks of the top 1% of U.S. defense suppliers by grabbing the CMMC Level 2 certification. Let me tell you, this isn't just some shiny badge for show; it's a gateway to big defense contracts. Crunching the Numbers Of the...
Continue Reading
BTQ Technologies Calls Investors for Key Quantum Update
You know what's stirring the pot over at BTQ Technologies? A shareholder call coming up soon, and boy, it's got 'eye-opening insights' written all over it. We're talkin' Q3 financial results and, likely, a smattering of future plans on the quantum front, folks. Diving into BTQ's Quantum Vision BTQ Technologies Corp. (NASDAQ: BTQ) isn't just another tech firm banging on...
Continue Reading
Morgan County, IN: An Oasis for Balanced Living
Why Morgan County? A Question for Homebuyers Ever wondered what makes Morgan County, IN, such a hot ticket for folks looking to escape the daily grind of big city life? Rachel Blacklidge, real estate wizard and hometown hero, lays it all out in a way even the most city-bound among us can appreciate. Small-Town Vibes, Big-City Access Let’s face it—sometimes the chaos...
Continue Reading
Etavopivat Aims to Tackle Sickle Cell Crisis Head-On
Diving headfirst into the world of sickle cell disease, Novo Nordisk has just thrown its hat in the ring with etavopivat. Now, anyone who's been following the biotech dance knows this ain't no small feat. This investigational therapy is poised to shake things up, offering a new lifeline for those wrestling with this debilitating condition. And leaping from the Phase 3...
Continue Reading
HSBC Capital Move: Tender Offer Satisfaction Explained
HSBC's Capital Reshuffle: What's Gotten Sorted? If you've been eyeballing HSBC Holdings, you know they're putting some serious skin in the game. They've just wrapped up a hefty $1.5 billion tender offer for their perpetual securities, checking off a big condition known as the New Issue Condition. Diving Into the Details of the Offer Let's break this down like you're...
Continue Reading
Longsys and Lexar Push Boundaries in Edge AI Storage
Longsys and Lexar: A Revolution in Storage Ah, the tech world—it's like a fast-moving express train you just can't afford to miss. Longsys and its sidekick Lexar are in the spotlight this time, and boy, they've got some head-turning announcements. At electronica 2026 in Munich, they're playing the storage game hard. From industrial-grade mSSD to automotive solutions,...
Continue Reading
Custom Upholstered Furniture: Comfort Built to Last
Rethinking Furniture Comfort: Not Just a Luxury Diving into the world of custom upholstered furniture with insights from Randy Marohn is like finding a cheat sheet for comfort. Seriously, it ain't just about plush cushions or slick fabrics—it's a bonafide science. Marohn, from Sans Furniture Inc. in good ol’ Hamburg, NY, unfolds a tale of intentional design and...
Continue Reading
AI Deception Challenges the Confidence of Fraud Defenses
Fraud Week Spotlights AI Deception Alright, here's the rub: we're in Fraud Week 2026, and boy, is AI shaking the foundations of yesterday's fraud defenses! With all this AI talk, you would expect systems to be near invincible by now. But reality? A different beast altogether. AI has this knack of tripling up the complexity while pretending to solve it, making traditional...
Continue Reading
Student Letters Pour Gratitude Over Veterans Nationwide
A Tsunami of Gratitude from Schools Nationwide The gesture is as vast as the nation's gratitude. To see 30,000 student letters flooding into the hands of veterans and active-duty service members is nothing short of overwhelming. This initiative by the National Heritage Academies (NHA) isn't just a token annual ritual—it's a profound statement of appreciation, showing...
Continue ReadingTop 5 Most Recently Viewed Articles
SciBase's Reverse Share Split: Impact on Traders
SciBase's Bold Share Strategy Just when you think you've seen it all, SciBase (STO: SCIB) pulls a fast one with a 1-for-100 reverse share split. What's buzzing is that, come June 5, those shares will consolidate like a pack of sardines in a tin. It's a classic move to gussy up the share price when a company's chart needs some sprucing—an old trader’s trick, pure and...
Continue Reading
Exploring Shanxi's Rich Heritage Through a Captivating Series
Unveiling Shanxi's Historical Tapestry in an Engaging Series The captivating series, The Chief Experience Officer, produced by the Shanxi Provincial People's Government Office, has launched its third season globally. This innovative show features Rees, a British millennial traveler, who embarks on a remarkable adventure, diving deep into 5,000 years of Shanxi's...
Continue Reading
Robinhood's Tokenization Strategy Faces Backlash from OpenAI
Robinhood's Controversial Launch of Tokenized Shares Robinhood Markets (NASDAQ: HOOD) stirred the pot this week with the introduction of tokenized shares for key private companies such as OpenAI and SpaceX, aimed specifically at European Union users. However, this move was met with immediate backlash from OpenAI itself, leading to questions about the integrity of...
Continue Reading
Polar Power Implements Reverse Stock Split for Growth Strategy
Polar Power's Strategic Reverse Stock Split Initiative Polar Power, Inc. (NASDAQ: POLA), a leader in providing innovative energy solutions such as prime, backup, solar hybrid power, and microgrid technology, has recently unveiled its plans to implement a reverse stock split. This decision aims to enhance its compliance standing on the Nasdaq Capital Market, where its...
Continue Reading
Investors of WEBTOON Entertainment Inc. Urged to Act Now
Important Action for WEBTOON Entertainment Inc. Investors In light of recent developments, investors of WEBTOON Entertainment Inc. should be aware of crucial timelines regarding the securities class action they may be part of. This serves as a reminder to take necessary steps ahead of the deadline on November 4, 2024. Why Timeliness is Essential Purchasers of WEBTOON's...
Continue Reading