Sign In  |  Register  |  About Los Altos  |  Contact Us

Los Altos, CA
September 01, 2020 1:26pm
7-Day Forecast | Traffic
  • Search Hotels in Los Altos

  • ROOMS:

Accredited Solutions, Inc. CEO Releases Shareholder Letter on State of Affairs

NEW YORK, NY - (NewMediaWire) - May 22, 2024 - Accredited Solutions, Inc. (OTC: ASII) ("Accredited Solutions" or the "Company"), with its brand Diamond Creek Water, an ionized alkaline bottled water currently being distributed in major groceries and C-store chains, released a letter to its shareholders.

Dear Shareholders,

I hope this letter finds you well. In a continued effort to establish a fluent update to our shareholders, we issue this shareholder letter as a recap of the state of affairs of the company.  

1. Sales and Distribution:
We are extremely pleased with the progress we have made since pushing forward with our new broker partner. In fact, in a relatively short amount of time, we are now in the last stages of gaining entry with two major grocery stores and one major convenience store.  

2. e-Commerce:
Now that the company has begun to see real results from the new sales plan via brokers and distributors, it’s begun to turn its attention to e-commerce.  The management team is now in conversations with an award-winning digital agency that focuses solely on e-commerce.  Our goal is to define the final e-commerce strategy and do a full launch during the 3rd quarter.  After carefully analyzing the industry and seeing some very relatable case studies one of the strategies the company will be seriously considering focusing on a subscription model.  We believe that if we can hire the right digital marketing partner, we could potentially see explosive revenue growth since e-commerce does not have the physical distribution limitations that broker/distribution sales networks have.

3. Branding and Digital Marketing:
The company is currently working side-by-side with Near Branding Agency on the new logo creation, new product development, and the design of our website, which will be focused on e-commerce. We will be rolling out the new branding strategy in the coming weeks. 

4. Financing Activities:
The company is in the late stages of a debt reorganization plan with principal debt holders.  Negotiations have been very positive, and we expect to reach a deal that would clean up the bulk of the debt in our balance sheet and agree on an organized payment plan that would dramatically limit debt repayment via the issuance of new common shares.  

The company is very grateful for the support of its shareholders and has made creating shareholder value, not just by increased operations, but also through responsible financing as an absolute top priority.  The new management team is intent on creating a great company, in a great industry that will create an amazing increase of shareholder value.

5. Financial Statements - Filings Obligations:
The company is working diligently with our 3rd party financial service providers and expects to file all its SEC filing obligations in the very short term.  

We thank you for your continued support and for believing in our new management team. We will continue to make communication with our shareholders our top priority. 

Eduardo Brito, CEO        
Relevant Links:



Data & News supplied by
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Copyright © 2010-2020 & California Media Partners, LLC. All rights reserved.