SOURCE: Richwood Eco Ventures, Inc.

November 23, 2009 08:31 ET

Richwood Eco Ventures, Inc. Receives Order for Lumber to Be Exported

DOYLESTOWN, PA--(Marketwire - November 23, 2009) - Richwood Eco Ventures, a subsidiary of Accredited Business Consolidators Corp., trading as Italian Oven, Inc. (PINKSHEETS: IOVE) announced today that it received a commitment for between 310,000 and 600,000 Euros of precut lumber to be exported from Nicaragua over the next six months for home construction. It also received a small order from the same client for finish trim lumber. The client has asked that their identity remain confidential as they are reselling the wood to another customer.

Richwood has cut the first batch of wood, which is slated to be shipped this week. Pictures of the wood, photographed on November 20-21, 2009, can be found on IOVE's website,

Richwood maintains the ability to provide construction lumber for building contractors to be cut to any specification and economically shipped from Nicaragua to most countries. Richwood's staff maintains the logistical experience to arrange the entire process. Richwood's minimum order is one shipping container, but the container does not need to be filled with only a single type of wood or cut.


Richwood Eco Ventures, Inc. is a subsidiary of Accredited Business Consolidators Corp., f/k/a the Italian Oven, a diversified holding corporation. Richwood Eco Ventures specializes in hardwoods, especially those from trees damaged by Hurricane Felix.

The total number of Accredited Business Consolidators Corp. 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 common shares until at least June 30, 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.

Contact Information

  • Contact:

    Hardwood and Timber Sales
    Accredited Business Consolidators Corp.
    196 West Ashland
    Doylestown, PA 18901
    Phone: 267-864-7737
    Fax: 267-371-5168
    Twitter: accreditedbiz