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Overview of Accredited Solutions Inc (ASII)
Accredited Solutions Inc (OTC: ASII) is a diversified holding company focused on building a robust, technology-driven portfolio through strategic acquisitions and operational restructuring. Combining expertise from traditional consumer goods and cutting-edge fintech, the company is dedicated to creating value through a multi-faceted business model that unites premium consumer products with innovative digital and telecommunications services. With its flagship subsidiary, Diamond Creek Water, offering ionized alkaline bottled water distributed in major grocery and convenience store chains, ASII has demonstrated its ability to thrive in competitive consumer markets by emphasizing quality and distinctive product attributes.
Business Model and Operational Strategy
The company generates revenue through a blend of direct sales from its beverage division and synergistic growth within its fintech and telecom segments. This operational model involves lean administrative structures, targeted marketing strategies, and the integration of complementary business units that bolster overall corporate resilience. ASII has recently undertaken financial restructuring measures, including the conversion of convertible debt into preferred stock, to optimize its balance sheet and reduce cost of capital. These actions underscore its commitment to maintaining financial flexibility while executing a series of strategic initiatives.
Strategic Acquisitions and Market Position
Accredited Solutions has been active in pursuing acquisitions aimed at reinforcing its market position across various sectors. A notable example is the acquisition of GlobeTopper, a leading B2B digital payments platform specializing in e-gift card distribution, which has expanded the company's footprint into the rapidly evolving fintech space. This strategic move not only strengthens its digital payments capabilities but also lays the groundwork for an integrated telecom-fintech ecosystem. By combining traditional product offerings with innovative digital solutions, ASII is uniquely positioned to leverage cross-sector synergies, providing a diversified revenue base and a competitive edge in multiple industries.
Integration of Technology and Innovation
At the heart of ASII's strategy is its emphasis on technology and operational excellence. The company is actively engaging with industry experts to enhance its technological capabilities, particularly in areas like AI-based e-commerce solutions, fintech innovations, and digital marketing. The appointment of experienced leaders to drive its telco/fintech division further underscores its commitment to harnessing disruptive technologies and streamlining operational efficiencies. This approach not only optimizes product offerings but also facilitates seamless integration across its acquired assets, thereby maximizing value creation through innovative synergies.
Competitive Landscape and Industry Impact
- Consumer Products: Through Diamond Creek Water, ASII competes in the premium bottled water market, appealing to health-conscious individuals and specialty retailers.
- Digital Payments and Fintech: The incorporation of GlobeTopper marks a significant expansion into digital payments and financial technologies where the company leverages robust API infrastructures and global distribution networks.
- Telecommunications Integration: With its strategic focus extending into telecom-fintech, ASII is embarking on creating interconnected platforms that enhance both communication and financial service offerings.
Capital Structure and Financial Strategy
Accredited Solutions has implemented comprehensive capital restructuring initiatives designed to minimize shareholder dilution while strengthening its financial position. Notable measures include the exchange of convertible debt for preferred equity, reductions in overall debt and accrued interest, and the adjustment of authorized share counts to improve financial flexibility. These steps have been taken as part of a broader, acquisition-driven growth plan that aims to bolster the company's enterprise value and support its long-term operational initiatives.
Commitment to Growth and Value Creation
Although the company does not provide speculative forward-looking statements regarding future performance, its strategic framework is built on a thorough understanding of market dynamics and technological trends. ASII’s long-term plan focuses on achieving significant revenue growth through deliberate acquisitions and the optimization of existing assets. The emphasis on integrating diverse business units, combined with a clear operational roadmap, positions Accredited Solutions as a multifaceted enterprise capable of navigating competitive landscapes while creating sustainable shareholder value.
Conclusion
In summary, Accredited Solutions Inc embodies a balanced strategy that integrates premium consumer products with high-growth fintech and telecommunication ventures. Its methodical approach to financial restructuring, strategic acquisitions, and technological innovation demonstrates a comprehensive understanding of industry dynamics. This integrated model not only drives operational excellence but also builds a resilient platform for long-term value creation in a rapidly evolving market environment.
IQSTEL Inc. (OTC QX: IQST) reported strong financial performance in 2024 with revenue of $283.2 million, representing a 95.9% year-over-year increase. The company achieved $1.40 revenue per share and expanded its asset base to $79 million, a 257% increase. Stockholders' equity rose to $11.9 million, up 48% year-over-year.
The company announced two strategic moves: an MOU to acquire a 51% stake in GlobeTopper, expected to push revenue toward a $400 million run rate, and an agreement to sell ItsBchain subsidiary with plans to distribute $500,000 worth of ASII shares to shareholders. IQSTEL maintains its target of reaching $1 billion in revenue by 2027, focusing on telecommunications, fintech, cybersecurity, and AI services.
For 2025, IQSTEL forecasts $340 million in revenue, with potential to reach $400 million run rate if the GlobeTopper acquisition completes. The company's Telecom Division generated $2.5 million in adjusted EBITDA and $1.7 million in Net Income in 2024.
iQSTEL (OTCQX: IQST) has announced the signing of an MOU to sell its 75% stake in itsBchain to Accredited Solutions (OTC: ASII) for $1 million. The transaction structure includes $500,000 in ASII preferred shares and $500,000 in ASII common shares.
The deal represents a profitable exit from a pre-revenue subsidiary, with the sale price exceeding iQSTEL's total investment. As part of the agreement, iQSTEL will retain a 1% lifetime royalty on itsBchain's total sales and plans to distribute ASII common shares to IQST shareholders as a dividend.
The definitive Purchase Agreement is expected to be executed by July 1, 2025, with a $250,000 penalty clause ensuring ASII's commitment. This strategic move allows iQSTEL to focus on its core business areas: Telecom, Fintech, AI, and Cybersecurity, while supporting its goal of transitioning to a major national exchange.
Accredited Solutions (OTC: ASII) has announced a strategic partnership between its subsidiary GlobeTopper and Amino Rewards to enhance health and fitness loyalty programs. The collaboration combines GlobeTopper's gift card network spanning 2,700 brands across 65 countries with Amino Rewards' digital asset platform, enabling users to convert fitness achievements into tangible rewards like gift cards from major retailers.
Amino Rewards, the Preferred Fitness Loyalty App of the San Francisco 49ers, uses distributed ledger technology to reward healthy behaviors. The integration is currently being implemented in North America, with global expansion planned for early 2025. This partnership aims to capitalize on the loyalty rewards market, projected to exceed $142 billion by 2027.
Accredited Solutions (OTC: ASII) announced a 37% month-over-month (MoM) revenue growth for its subsidiary, GlobeTopper, bringing total revenue to $4.05 million for the month. GlobeTopper, a leader in the B2B digital gift card space, has benefited from the rising adoption of digital gift cards and the increasing integration of cryptocurrencies into consumer transactions. The surge in cryptocurrency values has led to a spike in e-wallet users purchasing e-gift cards, driving significant growth. CEO Craig Span highlighted the role of cryptocurrencies in reshaping traditional purchasing habits, with consumers using their gains to buy gift cards. GlobeTopper plans to expand its distribution network by onboarding additional fintech companies in the coming weeks.
Accredited Solutions (OTC: ASII) has shared key metrics about its newly acquired GlobeTopper digital gift card platform. The business generates $37 million in annual revenue, partners with over 2,700 brands including Amazon, Target, and Starbucks, and operates in 65 countries. GlobeTopper facilitates digital gift card distribution for businesses to their customers and employees, offering a faster alternative to traditional physical gift cards. The company recently demonstrated its efficiency by helping a Fortune 500 company distribute holiday gift cards to 10,000 employees across 12 countries in less than one day.
Accredited Solutions (OTC: ASII) has announced the acquisition of GlobeTopper, a B2B digital payments platform specializing in global e-gift card distribution. The acquisition brings $37 million in projected annual revenue and marks ASII's first step in building a telecom-fintech ecosystem. GlobeTopper serves over 2,700 brands across 65+ countries and will maintain its current CEO, Craig Span. The platform's API infrastructure and global distribution capabilities will serve as the foundation for future acquisitions in both telecom and fintech sectors.
Accredited Solutions (OTC: ASII) has reached an agreement with 100% of its promissory note holders for a 60-day lock-up and 6-month leak-out on all conversions. This interim agreement is a step towards full cash redemption of all outstanding variable price convertible securities. The company plans to use proceeds from an upcoming Reg A offering to redeem these securities, avoiding the issuance of additional shares and limiting shareholder dilution.
CEO Eduardo Brito expressed gratitude for the renewed trust from financing partners, viewing this as a testament to strong relationships and commitment to shareholder value. The agreement aligns with Accredited Solutions' 5-year growth strategy aiming for $750 million in annual revenue through acquisitions and organic expansion in telco/fintech and beverage divisions.
Accredited Solutions, Inc. (OTC: ASII), parent company of Diamond Creek Water, has filed a Regulation A registration statement for a $3.6 million offering. The capital will be used to:
- Fuel the company's acquisition-driven growth plan
- Complement organic growth initiatives
- Redeem outstanding convertible securities at a lower cost
The company has also resolved to increase its number of authorized shares for enhanced financial flexibility. Notably, Accredited Solutions is committed to not pursuing a reverse stock split of its common stock. CEO Eduardo Brito expressed confidence in the company's underestimated intrinsic value and the potential for long-term growth.
Accredited Solutions, Inc. (OTC: ASII) has executed an Indication of Interest (IOI) to acquire a leading US-based B2B distributor of third-party e-gift cards. The target company generated $33.7 million in sales in 2023 and is on track for a 2024 revenue run-rate of $42.5 million, with profitability on a net income basis. This potential acquisition aligns with Accredited Solutions' growth strategy, offering synergistic opportunities to accelerate growth through capital injection and resource sharing.
The company plans to integrate marketing and administrative functions, leverage cross-selling opportunities, and develop new products and APIs for fintech integration and international market entry. CEO Eduardo Brito expressed enthusiasm for the acquisition's potential to drive significant growth and value. The transaction is expected to progress to a binding Letter of Intent (LOI) once an audit is completed, with Accredited Solutions optimistic about the deal's viability.
Accredited Solutions (OTC: ASII) has appointed Ben Farzam as CEO of its new telco/fintech division, aligning with the company's 5-year plan to reach $750 million in annual revenue. Farzam brings over 20 years of leadership in telecommunications, having led Callvox to $100M in annual sales at its peak. His expertise in strategic planning and emerging markets is expected to drive Accredited Solutions' growth strategy.
The company plans to focus on acquiring profitable telco and fintech companies while optimizing operations through synergistic acquisitions and organic growth initiatives. This appointment is seen as key to unlocking the next phase of transformative growth for Accredited Solutions, particularly in leveraging technology for inclusive expansion and adding shareholder value.