At the beginning of the week Accredited Business Consolidators Corp. announced that they had secured funding for a proposed joint venture in Nicaragua with Green World Crete, Inc., for an environmentally friendly "green" concrete plant. Envirocare Corp. which is ACDU’s subsidiary, was created with intentions to offer green construction solutions.
"Envirocare received and reviewed an initial proposal from Green World Crete. Now that the financing is in place, Envirocare will move forward with negotiating the terms of the agreement for a joint venture for a plant," said Andy William, Vice President of Accredited Business Consolidators Corp. Geo-Green Crete(TM), by Green World Crete, is a zero-Portland-based cement.
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ABOUT ACCREDITED BUSINESS CONSOLIDATORS CORP.
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 the website (under construction) for information on affiliated companies. The total number of authorized common shares is 450,000,000, and the 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 June 30, 2010.
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