NEW YORK, NY - 
(NewMediaWire) - July 25, 2024 - Accredited Solutions, Inc. (OTC: ASII) ("Accredited Solutions" or the "Company"), the parent company of Diamond Creek Water, an ionized alkaline bottled water distributed in major grocery and convenience store chains, has released a letter to its shareholders.
Dear Shareholders,
As we navigate our ongoing reorganization and strategic pivot, I want to reaffirm that shareholder letters will remain our primary means of communication.
1. 1. Partnership with Apokar: We are excited about the significant strides made through our joint venture with Apokar. In a short period, we have seamlessly integrated into their operating and sales channels, facilitating new sales meetings with various retail outlets. Furthermore, substantial progress has been made on the rebranding of Diamond Creek Water, which will be unveiled in the coming weeks. We will provide more details on the new branding soon.
2. Strategic Acquisitions: Our recent agreement with Apokar to expand Diamond Creek Water has led us to shift our focus towards acquisitions in e-commerce and AI marketing. This strategic move is aimed at transforming Accredited Solutions into a robust e-commerce entity, diverging from our roots as a manufacturer and distributor. We are currently in discussions with potential M&A advisors and plan to establish an Advisory Board comprising experts in e-commerce, marketing, and logistics. Our acquisition targets will be profitable firms that exhibit explosive growth or offer direct synergies with our business model.
3. Convertible Debt Restructuring: We have successfully settled all outstanding convertible debt obligations with 1800 Diagonal (also Geneva Roth and Power Up). Additionally, we have reached a preliminary agreement with the remaining convertible debt holders to restructure the remaining debt, and we expect to finalize this agreement shortly.
We are now firmly on a new path towards reorganization, with a renewed focus on strategic acquisitions. The time to elevate Accredited Solutions to new heights is now, and our management team, along with our investor group, is dedicated to making this vision a reality.
Sincerely,
Eduardo Brito, CEO
Relevant Links:
https://www.diamondcreekwater.com
Safe Harbor Statement: Statements in this news release may be "forward-looking statements". Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions, or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release and the company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.
Accredited Solutions, Inc. Contact:
contact information:
Follow Us on:
X (Twitter): @asii_Inc
Source:
Accredited Solutions, Inc.
