penny stocks
+ Reply to Thread
Results 1 to 10 of 10
  1. #1

    Default Italian Oven Inc. - IOVE

    Closed at 01 up 40% today...

    AS - 450M recently reduced
    O/S - 436M
    Float - 328M


    No dilution in over 10+ years... I looked back to 1996 and the O/S is still the same.


    Company has also bought shares in other companies like Lehman and STBP:

    This past June the oven bought Lehman Brothers trust shares, $8,000,000 face value.

    That investment has at least a 100% gain, so far!

    The Italian Oven, Inc. Subsidiary Acquires Interest in Excess of $8,000,000 of Lehman Brothers Debt


    NEWS from yesterday, bold part is great!

    Caribbean Wood Products, Inc. Commits to Purchasing Wood From Richwood Eco Ventures, Inc.

    DOYLESTOWN, PA -- (Marketwire) -- 10/13/09 -- Accredited Business Consolidators Corp., f/k/a the Italian Oven Inc. (PINKSHEETS: IOVE) is pleased to announce that Caribbean Wood Products, Inc., of Naples, Florida, committed to purchase between six and ten containers of wood per month from Richwood Eco Ventures, Inc., beginning in January 2010. Depending on additional needs by Caribbean Wood Products and logistical considerations, orders may exceed the commitment. The relationship with Caribbean Wood Products will bring in estimated revenues to Richwood Eco Ventures in excess of $1,500,000.00 per year.

    Richwood Eco Ventures, Inc. obtains wood through Rich Corporacion in Nicaragua, a company in which it has an equity stake. The majority of the wood is obtained from forest areas damaged by Hurricane Felix and is provided from the Fallen Tree Zone in the North Atlantic Autonomous Region (R.A.A.N.) of Nicaragua, and complies with the Lacey Act by meeting all requirements and standards.

    Caribbean Wood Products is a major distributor of quality wood. They offer hundreds of different varieties of woods. Their website, Welcome to CWP, demonstrates the vast array of wood products they offer. Caribbean maintains a strong network of vendors and material dealers that will provide many future opportunities to Richwood Eco Ventures, Inc., for additional sales possibilities brokered through them.

    Accredited Business Consolidators Corp. owns 80% of Richwood Eco Ventures, Inc.

    ABOUT ACCREDITED BUSINESS CONSOLIDATORS CORP.

    Accredited Business Consolidators Corp., f/k/a the Italian Oven, trades on the Pink Sheets as IOVE. It 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 our website (under construction) at Accredited Business Consolidators Corp. f/k/a the Italian Oven Inc. for information on our affiliated companies. The total number of 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 April 2010.

  2. #2

    Thumbs up IOVE **divy** starts UK PubCo will give part as divy

    Accredited Business Consolidators Corp. Forms Public Company to Hold European BusinessesDOYLESTOWN, PA--(Marketwire - October 15, 2009) - Accredited Business Consolidators Corp., f/k/a the Italian Oven Inc. (PINKSHEETS: IOVE), today disclosed that it formed a public limited company in the United Kingdom for its European businesses. The company will hold businesses and investments in Romania, Serbia, Kosovo, Montenegro, Albania, Poland, the Czech Republic, and possibly other developing regions. The business model will mirror that of IOVE, i.e., to locate businesses and develop them until they are ready to stand on their own.

    IOVE directed its accountants to create Accredited Consolidators Europe, PLC ("ACE PLC") in London, England. The Company issued shares as follows: 4,000,000 ordinary shares for IOVE and 1,000,000 for My Pleasure, Limited. If the name is approved, the charter will be issued October 15, 2009.

    After formation, ACE PLC will file an application to commence trading. Once this occurs, IOVE will release 1,745,598 of its shares to IOVE's common shareholders through a dividend. For every 250 shares of IOVE, the shareholder will receive 1 share of ACE PLC. IOVE's treasury will continue to hold the remaining 2,254,402 shares. The ex-date will be announced as soon as possible with an estimated time of four to six weeks.

    Shortly after distribution, ACE PLC will apply for a listing on the Alternative Investment Market of the London Stock Exchange.

    ABOUT ACCREDITED BUSINESS CONSOLIDATORS CORP.

    Accredited Business Consolidators Corp., f/k/a the Italian Oven, is a diversified holding corporation. Visit our website (under construction) at Accredited Business Consolidators Corp. f/k/a the Italian Oven Inc. for information on our affiliated companies. The total number of 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 increase in shares until at least April 2010.

    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. Pay careful attention to all announcements and filings.

  3. #3

    Default

    This company keeps on giving, awesome news!

  4. #4
    Join Date
    Jun 2006
    Posts
    10

    Default Great day

    Look for a strong close today

  5. #5
    Join Date
    Jun 2006
    Posts
    10

    Default ****1 for 1 DIVY-NEWS*****

    Accredited Business Consolidators Corp. to Divest Richwood Eco Ventures Inc. and to Issue Dividend

    DOYLESTOWN, PA -- (Marketwire) -- 10/20/09 -- Accredited Business Consolidators Corp., trading as Italian Oven, Inc. (PINKSHEETS: IOVE), today issued a resolution to divest the Company's Richwood Eco Ventures Inc. subsidiary.

    IOVE will begin the paperwork to obtain a CUSIP for the subsidiary and will subsequently issue a one for one dividend to present shareholders of IOVE.

    That is, for every share of IOVE, one share of Richwood Eco Ventures would be issued to the IOVE shareholder. The ex date will be set in the next three to six weeks. Richwood Eco Ventures maintains a share structure of 999,999,999 authorized shares.

    After the issuance of the dividend and the close of the fiscal year, the Company will take the appropriate action necessary to have the financial statements of Richwood Eco Ventures Inc. audited and to register the securities in question with the Securities and Exchange Commission. Once registered, the Company will attempt to secure a market maker for the registered securities so that a trading symbol may be obtained from FINRA.

    This divesture is mutually exclusive from the planned issuance of Accredited Consolidators Europe PLC shares to IOVE common shareholders at the rate of 1 ACE PLC share for every 250 IOVE shares. (There will only be 5,000,000 shares of ACE PLC.)

    ABOUT ACCREDITED BUSINESS CONSOLIDATORS CORP.

    Accredited Business Consolidators Corp., f/k/a the Italian Oven, is a diversified holding corporation. The total number of 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 shares until at least April 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.

    Add to Digg Bookmark with del.icio.us Add to Newsvine

    Contact:



    Investor Relations

    Accredited Business Consolidators Corp.

    ir@accreditedbiz.com

    267-864-7737

    Fax: 267-371-5168

    Twitter: accreditedbiz

  6. #6

    Default

    0.0129, up 32% on more news, 2nd dividend company is giving out. They are actually filing 8K's on these as well. Stock is going to a nickel easy. IMO

  7. #7

    Default IOVE to uplist on OTCBB!

    Accredited Business Consolidators Corp. Outlines Plans to Bring Filings Current and to Return to the OTCBB

    DOYLESTOWN, PA--(Marketwire - November 9, 2009) - Accredited Business Consolidators Corp., trading as Italian Oven, Inc. (PINKSHEETS: IOVE), today announced its plans to bring its filings with the Securities and Exchange Commission up to date and to list on the NASDAQ Over the Counter Bulletin Board (OTCBB).

    IOVE remains under the obligation to file reports with the Securities and Exchange Commission as it is a reporting company. IOVE, during its dormancy, did not file its reports. Since new management took over, IOVE filed delinquent quarterly reports for over ten years outlining a zero dollar balance sheet. Additional reports need to be filed.

    IOVE has been negotiating with accounting firms to provide it with an audit of the Company's activities including the dormant years. IOVE has narrowed its search to three firms and it expects to make a final decision by the end of the year.

    The Company will file appropriate audited annual reports for the delinquent years before or along with its audited annual report for 2009. From that period on, IOVE intends to remain current with its reporting obligations.

    Upon the filing of audited annual reports for 2009 and the dormant years, IOVE will request that a market maker sponsor its listing with the OTCBB. If approved, this will enable additional market makers to quote the stock of IOVE for smoother trading and a more accurate display of orders for the Company's stock. IOVE knows of no material impediment that will prevent listing on the OTCBB other than the delinquent annual reports. IOVE used to trade on the NASDAQ prior to its bankruptcy, which it emerged from in 1998 with the common shareholders in tact.

    ABOUT ACCREDITED BUSINESS CONSOLIDATORS CORP.

    Accredited Business Consolidators Corp., f/k/a the Italian Oven, is a diversified holding corporation trading on the Pink Sheets under IOVE. The total number of 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 April, 2010.

    This is not an offer to sell securities and the Company is not issuing common stock for any purpose. 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.

  8. #8
    Join Date
    Jun 2006
    Posts
    10

    Default Getting ready for a run

    IOVE is looking very good here

  9. #9
    Join Date
    Dec 2009
    Posts
    1

    Default Huge Buys EOD

    Massive buys in the last hour of trading something is brewing here get read for the fun!!!

  10. #10
    Join Date
    Oct 2009
    Location
    Warner Robins GA
    Posts
    2

    Default Iove -> acdu

    Last edited by jarc56; 01-07-2010 at 08:25 AM. Reason: Image did not display

Checking For Related Data...

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

     

Similar Threads

  1. Italian Oven Inc. - IOVN
    By stocks.cr in forum Small Market Capitalization
    Replies: 2
    Last Post: 05-27-2009, 04:00 AM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
 
© StockHideout.com - All rights reserved. penny stocks, stock message board
Web Analytics