SOURCE: Accredited Business Consolidators Corp.

Accredited Business Consolidators Corp.

November 19, 2013 00:01 ET

Accredited Business Consolidators Corp. Finalizes Plans for Airport Hotel in Managua, Nicaragua

HONG KONG, CHINA--(Marketwired - Nov 19, 2013) - Accredited Business Consolidators Corp., (PINKSHEETS: ACDU), today announced that it finalized plans for the construction of the airport hotel in Managua, Nicaragua. The Company interviewed construction companies and narrowed the search to two contenders. 

Once the contract with the construction company is complete, the Company will identify the prevailing firm. The Company intends the first phase to be complete by March 2014. "Phasing will allow the hotel to open in March and serve guests while construction continues," said Elisa Corea, Vice President - Hotel Management Division of Accredited Business Consolidators Corp.

By opening an airport-area hotel in Managua, AccreditedBiz positions itself to serve the needs of international guests that will leave the next day through the domestic airport, including those that will assist in the construction of the Nicaragua Canal.

The hotel will offer discount calls to China and Hong Kong using an on-site high speed data network.

An airport-area hotel will provide the first point of contact with Nicaragua Canal business consultants and allow the Company to offer services such as cellular plans through Movistar, 4G internet via Russia-based Yota Nicaragua, and other services.

ACDU is a diversified corporation. The total number of authorized common shares is 450,000,000, outstanding is 436,399,566, of which 329,086,266 shares are in the public float. ACDU owns over 125 acres of land in the Bluefields area of Nicaragua and is purchasing additional development grade land exceeding 300 acres. The Company possesses an option to purchase over 1,500 acres in the Southern Autonomous Region in Nicaragua. In addition, AccreditedBiz is in the process of investing in several hotels and housing developments in Nicaragua. These investments will make AccreditedBiz an important enterprise with respect to the forthcoming Nicaraguan Canal. In addition, the Company maintains internet and marketing businesses such as (free discount pharmacy program), (offshore and domestic internet hosting), ($9 domain names), (hotel booking engine and travel site), among others. 

This is not an offer to sell securities. Statements made are forward-looking subject to risks and uncertainties. Statements included are made as of the date hereof, and the company undertakes no obligation to update such statements to reflect subsequent events or circumstances. Actual results could differ materially from anticipated results.

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