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Author Topic: IOVE: The Italian Oven, Inc.
Homersbud
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Currently, 0032

12 reasons to own IOVE (vs2):

1. NAME CHANGE!
The Italian Oven, Inc. (PINKSHEETS: IOVE), a diversified holding corporation, will change its name to Accredited Business Consolidators Corp. to reflect its business model. There will be no dilution accompanying these changes. Other than a forward split and the issuance of the restricted control shares to My Pleasure Limited, the Company has not issued any new shares since 1996.”

2. RETIRING HALF OF THEIR COMMON SHARES!
“Prior to the name change, the Company will retire 1,892,100 unrestricted common shares that are held in its treasury. In addition, My Pleasure Limited, the Company's control group, will retire their 500,000,000 common shares and turn them into non-convertible preferred stock. The preferred stock will have voting rights in the Company, but they can never be turned into common shares or sold on the open market.”

3. REDUCING AUTHORIZED SHARES!
“The Company will reduce its authorized common shares to 450,000,000 from the present 999,999,999. The common stock share structure will then be 436,399,600 shares outstanding, of which 325,161,800 shares are held by DTCC and are in the public float while 111,237,800 will be in certificate form (40,691,200 unrestricted and 70,546,600 restricted).”

4. PLANS ON GIVING DIVIDENDS IN THE FORM OF SPIN-OFFS!
“The moratorium does not apply to any affiliated companies that may be issued as a dividend or otherwise distributed to shareholders during the next six months. Rather, if a subsidiary is spun off, at the time of the transaction, IOVE will release the transaction details.“


5. NO DILUTION FOR A MINIMUM OF SIX MONTHS!
“There will be no dilution accompanying these changes. Other than a
forward split and the issuance of the restricted control shares to My
Pleasure Limited, the Company has not issued any new shares since
1996.”


6.AMERICAN EXPRESS TRAVEL BUSINESS AFFILIATION SUBSIDIARY!
“IOVE today updated shareholders as to its business development.
IOVE, through Italian Oven Travel & Entertainment, Inc. and the Travel
Impressions division of American Express to provide flight and luxury
hotel packages for customers from the United States.”


7. ACER DISTRIBUTOR SUBSIDIARY!
“IOVE subsidiary Italian Oven Technologies Inc. submitted a
proposal to Acer Inc. to become a distributor of their products both
domestically and internationally.”


8. SUBSTANTIAL LEHMAN DEBT RECOVERY SUBSIDIARY!
“IOVE's Bankruptcy Claims Fund, Inc. prepared and submitted request
for notice in the Lehman Brothers Holdings bankruptcy so that it
receives the opportunity to fully participate. The Bankruptcy Claims
Fund owns in excess of $8,000,000.00 of Lehman Brothers Holdings debt
including guaranteed Capital Trust shares that trade as LEHKQ, LEHLQ,
LHHMQ, and LEHNQ.”


9. TELECOM TOOLS SUBSIDIARY!
“Telecom Tools, Inc., 45% owned by IOVE subsidiary Italian Oven
Intellectual Property Corp., continues finishing its patent
application for modifications of popular tools used by telephone
technicians.”


10. RICHWOOD VENTURES SUBSIDIARY!
“The Italian Oven Inc. (PINKSHEETS: IOVE) today released
statistical data about timber available through Richwood Eco Ventures
Inc. (REVI). REVI, Rich Corporación and TEKNISA, in conjunction with
the partnership with Deutsche Gesellschaft fur Technische
Zusammenarbeit GmbH (GTZ), received approval to extract wood from
294,172 hectares. However, Richwood has not yet built roads to access
the majority of the land. Approximately 100,000 hectares may be
reached by Richwood to harvest wood needed for orders. A full list of
woods Richwood can offer to international customers for export may be
found at www.theitalianoveninc.com/richwood.html.”


11 RETAIL SUBSIDIARY!
.IOVE owns 25% of Marilyn Boutique, officially 3-101-532180 S.A.,
which operates a popular fashion store in downtown San Jose, Costa
Rica. IOVE agreed to provided a cash investment, as well as management
and marketing services for three years, in addition to guaranteeing a
line of credit with the company's suppliers in the United States where
the majority of the clothes are imported from.


12. PAYDAY LOAN SUBSIDIARY!
IOVE agreed to provide management and business development
services to Soluciones Faciles, a payday loan business in San Jose,
for three years, along with a small investment for infrastructure
programs, in exchange for 25% of the Solucions Faciles stock.
Soluciones Faciles was chosen by www.prestamos.cr, the largest online
loan matching service for Costa Rican residents, as a provider of
loans to its customers.

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Homersbud
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The Italian Oven Inc. Submits Documents to Reduce Authorized Common Shares to 450,000,000 and to Change Its Name to Accredited Business Consolidators Corp.


DOYLESTOWN, PA--(Marketwire - 10/05/09) - The Italian Oven, Inc. (Pinksheets:IOVE - News) today sent the necessary paperwork to the Pennsylvania Secretary of State to reduce the authorized number of common shares to 450,000,000 and to change the company's name to Accredited Business Consolidators Corp. We expect approval within one week.

The total number of common shares outstanding is 436,399,500, and this number will not increase for at least six months from the date the Secretary of State accepts the name change. 328,018,200 shares are free trading, while 70,546,600 shares are restricted in certificate form, and 37,834,700 shares are unrestricted but in certificate form.

Once the name change occurs, IOVE will submit the necessary documents to the Financial Industry Regulatory Authority (FINRA) for a new stock symbol. We will propound the paperwork as soon as possible.

"We're looking forward to the paperwork being out of the way so we can disclose our plans for the future and focus attentively on the businesses that moved in and are moving in to our company," Andy William, Vice President for International Mergers and Acquisitions stated.

ABOUT ACCREDITED BUSINESS CONSOLIDATORS CORP.

The Italian Oven Inc., soon to be Accredited Business Consolidators Corp., is a diversified holding corporation which will assist its affiliates grow with the intention of releasing the majority to the Company's shareholders upon sufficient development. Visit our website (under construction) at www.theitalianoveninc.com for information on our affiliated companies.

This is not an offer to buy or sell securities. Statements made are forward-looking statements 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.
Contact:



Contact:
Investor Relations
The Italian Oven, Inc.
ir@theitalianoveninc.com
267-864-7737
Fax: 267-371-5168
Twitter: italianoven

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Homersbud
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The Italian Oven, Inc. Extends Share Issuance Moratorium Until Six Months After Change of Name


DOYLESTOWN, PA--(Marketwire - 09/25/09) - The Italian Oven, Inc. (Pinksheets:IOVE - News), soon to be named Accredited Business Consolidators Corp., announced today that it extended its share issuance moratorium until six months after it changes its name with the Pennsylvania Secretary of State.

IOVE previously entered into the moratorium while it structured operations. The purpose of the moratorium was to assure shareholders that their investment would not be diluted. The present moratorium expires in January 2010.

However, IOVE's progress in completing its filings and placing various enterprises into the core company has not occurred as rapidly as the Company would like.

To assure shareholders that their ownership percentage will remain intact, IOVE today extended the moratorium until six months from the approval of the name change.

The moratorium does not apply to any affiliated companies that may be issued as a dividend or otherwise distributed to shareholders during the next six months. Rather, if a subsidiary is spun off, at the time of the transaction, IOVE will release the transaction details. For instance, if the Company spun off XYZ and provided 1 share of XYZ for each 10 IOVE shares, but XYZ needed to raise funds by issuing 2,000,000 new shares, this would be announced in advance of the dividend.

The total number of shares outstanding are 436,399,500, and this number will not increase for at least six months. 328,018,200 shares are free trading, while 70,546,600 shares are restricted in certificate form, and 37,834,700 shares are unrestricted but in certificate form.

The Company is diligently working on filing the name change with the Pennsylvania Secretary of State.

ABOUT ACCREDITED BUSINESS CONSOLIDATORS CORP.

The Italian Oven, Inc., soon to be Accredited Business Consolidators Corp., is a diversified holding corporation which will assist its affiliates grow with the intention of releasing the majority to the Company's shareholders upon sufficient development. Visit our website (under construction) at www.theitalianoveninc.com for information on our affiliated companies.

This is not an offer to buy or sell securities. Statements made are forward-looking statements 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.
Contact:



Contact:
Investor Relations
The Italian Oven, Inc.
ir@theitalianoveninc.com
267-864-7737
Fax: 267-371-5168
Twitter: italianoven

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Homersbud
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 -
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Homersbud
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Form 3 filed. IOVE owns 77634 shares of STBP

http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=6833458

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Homersbud
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Name change has been accepted by the state:

https://www.corporations.state.pa.us/corp/soskb/Corp.asp?873065

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Homersbud
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DOYLESTOWN, PA -- (MARKET WIRE) -- 10/09/09 -- Accredited Business Consolidators Corp., f/k/a the Italian Oven Inc. (PINKSHEETS: IOVE), today announced that the Pennsylvania Secretary of State accepted the Company's amended articles of incorporation. These articles changed the Company's name from the Italian Oven Inc. to Accredited Business Consolidators Corp. In addition, the amended articles reduced the number of authorized shares of common stock to 450,000,000.

Additionally, the Company previously announced a share issuance moratorium for six months from the date of the name change. Therefore, the date of the expiration of the moratorium is April 8, 2010. No common shares of stock shall be issued for any purpose while the moratorium is in effect. No dilution of the Company's stock will occur. The Company has not issued any free trading common shares of stock for over twelve years.

The next step in the transition is to obtain a new CUSIP number and to apply with the Financial Industry Regulatory Authority (FINRA) for a new ticker symbol. Until the new symbol, our shares will continue to trade as IOVE.

Shareholders will not need to do anything as a result of the change. Shareholders with their shares at their broker will automatically receive Accredited Business Consolidators Corp. shares and they will trade under the new symbol when announced.

The total number of common shares outstanding is 436,399,500. 328,018,200 shares are in the public float and on hand with CEDE & Co., 70,546,600 shares are restricted in certificate form, and 37,834,700 shares are unrestricted but in certificate form.

ABOUT ACCREDITED BUSINESS CONSOLIDATORS CORP.

Accredited Business Consolidators Corp., f/k/a the Italian Oven, is a diversified holding corporation which will assist its affiliates grow with the intention of releasing the majority to the Company's shareholders upon sufficient development. Visit our website (under construction) at www.accreditedbiz.com for information on our affiliated companies.

This is not an offer to buy or sell securities. Statements made are forward-looking statements 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.

Contact:

Investor Relations
Accredited Business Consolidators Corp.
ir@accreditedbiz.com
267-864-7737
Fax: 267-371-5168
Twitter: italianoven

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Homersbud
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0046's hitting, nice!
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Homersbud
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0054 hitting, weeeeeeeeeeeeeeeeeeeeeeeeeeeee
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Homersbud
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hit 0059, taking a little breather now.

Lets see if she bounces back. I sold 75% of my position already. Will hold the rest to see where she goes.

Hope others got in on my alert!

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bullitt49
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i did, thank u much homersbud

--------------------
It is better to be humbled than ruined

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Homersbud
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quote:
Originally posted by bullitt49:
i did, thank u much homersbud

Awesome! Congrats!
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Homersbud
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Hitting 0066...wish I still had some left...lol
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Homersbud
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damn thing hit 0099, god damn!
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tmanfromtexas
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I got in at .0046. Glad I did. Lets see what happens Tuesday. Thanks Homer for the heads up. TMAN...

--------------------
In the end, trust only yourself when trading stocks.

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wallymac
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Canadian Market will be closed on Monday but the US market will be open.

Bought IOVE at .0034 sold some today have some left after taking original Capital out along with some profit.

Blue Skies breakout. Could continue up or go back to find support level. I'll be watching on Monday.

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wallymac
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Envirocare Corp. Division of Accredited Business Consolidators Enters Negotiations With Green World Crete Inc. to Establish Join
Date : 10/12/2009 @ 12:01AM
Source : MarketWire
Stock : Accredited Business Consolidators Corp. (IOVE)
Quote : 0.0092 0.0054 (142.11%) @ 4:15PM


Envirocare Corp. Division of Accredited Business Consolidators Enters Negotiations With Green World Crete Inc. to Establish Join





DOYLESTOWN, PA -- (Marketwire) -- 10/12/09 -- Accredited Business Consolidators Corp., f/k/a the Italian Oven Inc. (PINKSHEETS: IOVE), announced that its subsidiary entered into negotiations with Green World Crete Inc. to establish a joint venture for an environmentally friendly concrete plant in Nicaragua.


Envirocare Corp., 80% owned by IOVE, was created to offer environmentally friendly construction solutions. After an opportunity in highway construction in Nicaragua presented itself, Envirocare sought a method to produce cement that met the green specifications of certain European financiers that would provide the funds for construction development.


After detailed meetings and receiving a full presentation from Green World Crete about their cement product known as Geo-Green Crete, Envirocare Corp.

initially believes that their product design meets the requirements.


Envirocare and Green World Crete are now preparing a plan and budget to create a plant through a joint venture that will enable production, use, and distribution of Geo-Green Crete. Green World Crete's products utilize cutting edge green technology to make superior cement without Portland as a starting material. Instead, it uses natural materials and post-industrial waste. It emits up to 90% less carbon than traditional cement. The product does not go through a typical hydration process and it has no flashpoint.

It has two to three times the flexural and tensile strength of Portland cement and can be used safely to encapsulate toxic and nuclear waste material. The product renders two thirds savings on fuel costs.


Envirocare and Green World Crete have now entered into a non-disclosure agreement that will allow the parties to freely exchange information and create the necessary proposal to build the plant on the Highway to Leon in Nicaragua and/or to create a portable cement plant.


Envirocare estimates that a working plant, coupled with the demand for green cement products in Nicaragua, would result in multi-million dollar revenues per year with a healthy profit margin. In addition, the opportunity to receive international carbon credits will enhance revenue capacity.


ABOUT ACCREDITED BUSINESS CONSOLIDATORS CORP.


Accredited Business Consolidators Corp., f/k/a the Italian Oven, is a diversified holding corporation which will assist its affiliates grow with the intention of releasing the majority to the Company's shareholders upon sufficient development. Visit our website (under construction) at www.accreditedbiz.com for information on our affiliated companies. The total number of common shares outstanding is 436,399,500. 328,018,200 shares are in the public float and on hand with CEDE & Co., 70,546,600 shares are restricted in certificate form, and 37,834,700 shares are unrestricted but in certificate form. There will be no increases in shares until at least April, 2010.


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.


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Contact:


Investor Relations

Accredited Business Consolidators Corp.

ir@accreditedbiz.com

267-864-7737

Fax: 267-371-5168

Twitter: accreditedbiz

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wallymac
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Word of caution: I've been monitoring the I Hub board on IOVE. Since Friday, I've noticed the Momo crowd posting. Might mean a gap and trap setting up.

IMO, monitor it closely at open.

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mbmurray
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0088 +24% today

Form 5 filed, showing reduction in O/S. Company is doing everything by the books...

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Homersbud
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Nice move here today.
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mbmurray
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01 about to fall again, once it closes above 01, it will stay there. IMO
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mbmurray
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IOVE 0102 x 0105, lets see if runs into the close, up 47% so far today, looks good!
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mbmurray
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Accredited Business Consolidators Corp. Forms Public Company to Hold European Businesses

DOYLESTOWN, PA -- (Marketwire) -- 10/15/09 -- Accredited Business Consolidators Corp., f/k/a the Italian Oven Inc. (PINKSHEETS: IOVE), today disclosed that it formed a public limited company in the United Kingdom for its European businesses. The company will hold businesses and investments in Romania, Serbia, Kosovo, Montenegro, Albania, Poland, the Czech Republic, and possibly other developing regions. The business model will mirror that of IOVE, i.e., to locate businesses and develop them until they are ready to stand on their own.

IOVE directed its accountants to create Accredited Consolidators Europe, PLC ("ACE PLC") in London, England. The Company issued shares as follows: 4,000,000 ordinary shares for IOVE and 1,000,000 for My Pleasure, Limited.

If the name is approved, the charter will be issued October 15, 2009.

After formation, ACE PLC will file an application to commence trading.

Once this occurs, IOVE will release 1,745,598 of its shares to IOVE's common shareholders through a dividend. For every 250 shares of IOVE, the shareholder will receive 1 share of ACE PLC. IOVE's treasury will continue to hold the remaining 2,254,402 shares. The ex-date will be announced as soon as possible with an estimated time of four to six weeks.

Shortly after distribution, ACE PLC will apply for a listing on the Alternative Investment Market of the London Stock Exchange.

ABOUT ACCREDITED BUSINESS CONSOLIDATORS CORP.

Accredited Business Consolidators Corp., f/k/a the Italian Oven, is a diversified holding corporation. Visit our website (under construction) at www.accreditedbiz.com for information on our affiliated companies. The total number of common shares outstanding is 436,399,500. 328,018,200 shares are in the public float and on hand with CEDE & Co., 70,546,600 shares are restricted in certificate form, and 37,834,700 shares are unrestricted but in certificate form. There will be no increase in shares until at least April 2010.

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. Pay careful attention to all announcements and filings.

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Contact:


Investor Relations

Accredited Business Consolidators Corp.

ir@accreditedbiz.com

267-864-7737

Fax: 267-371-5168

Twitter: accreditedbiz

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mbmurray
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0.0129, up 32% on more news, 2nd dividend company is giving out. They are actually filing 8K's on these as well. Stock is going to a nickel easy. IMO


Accredited Business Consolidators Corp. to Divest Richwood Eco Ventures Inc. and to Issue Dividend

DOYLESTOWN, PA -- (Marketwire) -- 10/20/09 -- Accredited Business Consolidators Corp., trading as Italian Oven, Inc. (PINKSHEETS: IOVE), today issued a resolution to divest the Company's Richwood Eco Ventures Inc. subsidiary.

IOVE will begin the paperwork to obtain a CUSIP for the subsidiary and will subsequently issue a one for one dividend to present shareholders of IOVE.

That is, for every share of IOVE, one share of Richwood Eco Ventures would be issued to the IOVE shareholder. The ex date will be set in the next three to six weeks. Richwood Eco Ventures maintains a share structure of 999,999,999 authorized shares.

After the issuance of the dividend and the close of the fiscal year, the Company will take the appropriate action necessary to have the financial statements of Richwood Eco Ventures Inc. audited and to register the securities in question with the Securities and Exchange Commission. Once registered, the Company will attempt to secure a market maker for the registered securities so that a trading symbol may be obtained from FINRA.

This divesture is mutually exclusive from the planned issuance of Accredited Consolidators Europe PLC shares to IOVE common shareholders at the rate of 1 ACE PLC share for every 250 IOVE shares. (There will only be 5,000,000 shares of ACE PLC.)

ABOUT ACCREDITED BUSINESS CONSOLIDATORS CORP.

Accredited Business Consolidators Corp., f/k/a the Italian Oven, is a diversified holding corporation. The total number of common shares outstanding is 436,399,500. 328,018,200 shares are in the public float, 70,546,600 shares are restricted in certificate form, and 37,834,700 shares are unrestricted but in certificate form. There will be no increase in shares until at least April 2010.

This is not an offer to sell securities. Statements made are forward-looking subject to risks and uncertainties. Statements included are made on the date hereof. The company undertakes no obligation to update such statements to reflect subsequent events or circumstances. Results could differ materially from anticipated results. Pay careful attention to all announcements and filings.

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Contact:


Investor Relations

Accredited Business Consolidators Corp.

ir@accreditedbiz.com

267-864-7737

Fax: 267-371-5168

Twitter: accreditedbiz

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Homersbud
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Still going up, hit a high of 0185.

if only I still had my shares from 0032...lol

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bksundar
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The only time I held some shares for long was ASFX from 0.0089 to 0.05
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mbmurray
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This is going to a nickel IMO
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mbmurray
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Closed at 0161 today up 13%, next week looks like going into the 02's
Posts: 463 | From: Virginia | Registered: Apr 2008  |  IP: Logged | Report this post to a Moderator
   

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