ASII on OTC
Accredited Solutions, Inc.
Accredited Solutions, Inc. is an American beverages company based in Cornelius, listed on OTC (ASII).1
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Last updated Oct 21, 2026.
Overview
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- TickerASII on OTC1
- IndustryBeverages1
- HeadquartersCornelius, North Carolina1
- Incorporated inNV2
- Business address20311 Chartwell Center Drive, Suite 1469, Cornelius, Nc 280312
- Filer categoryNon-accelerated filer, Smaller reporting company2
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The Company was formed as a Nevada corporation on November 26, 2007. The Company was involved in exploration and development of mining properties until September 30, 2013, when it discontinued operations. In June 2017, the Company’s creditors filed a petition in the District Court of Harris County, Texas for the appointment of a receiver. In August of 2017, the court appointed a receiver (who was subsequently appointed as an officer and director of the Company), and in February 2018, the receiver appointed William Alessi as a director of the Company and then resigned as a director and officer of the Company.3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2023
Where the money goes
Where each dollar of revenue went, fiscal 2023
- Cost of revenue58¢$550.8K
- Interest42¢$398.8K
Out of $688.9K in revenue.45 The company lost money this year.
Financial statements
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenue | $260.0K6 | $415.8K7 | $08 | $483.0K4 | $688.9K4 | ||
| Cost of revenue | $219.8K6 | $342.8K7 | $08 | $387.9K4 | $550.8K4 | ||
| Gross profit | $40.2K6 | $73.0K7 | $08 | $95.1K4 | $138.1K4 | ||
| Operating expenses | $08 | $301.4K4 | $286.9K4 | ||||
| Operating income | -$1.0K9 | -$101.1K10 | -$154.1K6 | -$1.3M7 | $08 | -$206.3K4 | -$148.8K4 |
| Interest | $342.0K6 | $67.7K7 | $08 | $783.2K4 | $398.8K4 | ||
| Income tax | $06 | $07 | $08 | $04 | $04 | ||
| Net income | -$170.3K9 | -$101.1K10 | -$1.7M6 | -$1.5M7 | -$308 | -$31.7K5 | -$1.5M5 |
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Cash | $06 | $48.1K7 | $59.9K7 | $20.2K4 | $36.0K4 | $9194 | |
| Receivables | $08 | $51.2K4 | $64.1K4 | ||||
| Current assets | $319.6K6 | $199.0K7 | $22.2K8 | $321.3K4 | $68.9K4 | ||
| Property, plant and equipment | $08 | $86.4K4 | $60.6K4 | ||||
| Goodwill | $302.2K4 | $302.2K4 | $04 | ||||
| Intangible assets | $08 | $105.0K4 | $100.0K4 | ||||
| Total assets | $331.6K6 | $2.0M7 | $22.2K8 | $815.0K4 | $229.5K4 | ||
| Accounts payable | $08 | $104.9K4 | $159.5K4 | ||||
| Current liabilities | $109.9K10 | $2.4M6 | $2.4M7 | $08 | $4.7M4 | $5.3M4 | |
| Total liabilities | $38.9K13 | $109.9K10 | $2.4M6 | $2.4M7 | $08 | $4.7M4 | $5.3M4 |
| Retained earnings | -$408 | -$6.4M4 | -$7.9M4 | ||||
| Shareholders’ equity | -$38.9K10 | -$109.9K6 | -$2.1M6 | $2.2K8 | $22.2K4 | -$3.9M4 | -$5.1M4 |
| Shares outstanding | 143.3M shares13 | 1.4M shares10 | 2.0M shares6 | 22.3M shares7 | 102.5M shares8 | 339.3M shares4 | 678.8M shares4 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Corporate structure
Accredited Solutions, Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Accredited Solutions, Inc.
- Apollo Management Group, Inc Filed SCHEDULE 13G on Accredited Solutions, Inc., latest Jan 28, 2025
- M2B Funding Corp. Filed SC 13G on Accredited Solutions, Inc., latest Sep 16, 2024
- Accredited Solutions, Inc. Cornelius, North Carolina
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Accredited Solutions, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, net | $60.6K4 Dec 31, 2023 | $86.4K4 Dec 31, 2022 | −29.9% |
Intangibles and goodwill
Leadership
Who has led Accredited Solutions, Inc., and when. Pick a name to see everywhere that person has worked.
- Chief executive officerWilliam Rosario Alessi Jr. Feb 20, 2019 to Aug 20, 202114
- PresidentDaniel M. Ferris Sep 30, 2011 to Jul 16, 201215
Board members and other officers (3)
- Board memberWilliam Rosario Alessi Jr. Feb 20, 2019 to Aug 20, 202114
- Board memberChristopher Phillip Chumas Aug 12, 2019 to Jan 31, 202016
- Board memberDaniel M. Ferris Sep 30, 2011 to Jul 16, 201215
Former names
Timeline
- Jul 3, 20258-K Entered a material agreement; Ended a material agreement17
- Nov 4, 20248-K Entered a material agreement18
- Sep 18, 20248-K Entered a material agreement; Regulation FD disclosure19
- Sep 6, 20248-K Other events20
- Sep 6, 20248-K Other events21
- Aug 29, 20248-K Entered a material agreement22
- Aug 19, 20248-K Regulation FD disclosure23
- Aug 12, 20248-K Entered a material agreement; New debt or obligation; Unregistered sale of shares24
- Jun 7, 20238-K Entered a material agreement; Completed an acquisition or sale; Change in control25
- Nov 9, 20228-K Change of auditor26
- Oct 13, 20228-K Entered a material agreement; Unregistered sale of shares; Bylaws or fiscal year changed27
- Aug 25, 20228-K Entered a material agreement; Unregistered sale of shares; Regulation FD disclosure28
- Feb 20, 2019New chief executive William Rosario Alessi Jr. becomes CEO14
Filings
63 filings to the SEC since October 2021: 3 annual reports, 11 quarterly reports, 24 major events, 1 insider forms, 2 large holders, 22 other. The latest 20:
- Jul 18, 202515-12G/A EDGAR
- Jul 17, 202515-12G EDGAR
- Jul 3, 20258-K EDGAR
- Jan 28, 2025SCHEDULE 13G EDGAR
- Dec 5, 202410-Q EDGAR
- Nov 15, 2024NT 10-Q EDGAR
- Nov 4, 20248-K EDGAR
- Oct 1, 2024DEF 14C EDGAR
- Sep 24, 2024QUALIF EDGAR
- Sep 20, 2024CORRESP EDGAR
- Sep 18, 20248-K EDGAR
- Sep 16, 2024SC 13G EDGAR
- Sep 12, 2024UPLOAD EDGAR
- Sep 9, 2024PRE 14C EDGAR
- Sep 9, 20241-A EDGAR
- Sep 6, 20248-K/A EDGAR
- Sep 6, 20248-K EDGAR
- Aug 29, 20248-K EDGAR
- Aug 23, 202410-Q EDGAR
- Aug 23, 202410-Q/A EDGAR
The 63 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
1 open-market trades by officers, directors and large owners since October 2021: 0 buys and 1 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| May 19, 2022 | Alessi William Rosario Jr10% owner | Sale | 178,689 | $0.05 | $8.9K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Apollo Management Group, IncSCHEDULE 13G, 1 filing Jan 28, 202529
- M2B Funding Corp.SC 13G, 1 filing Sep 16, 202430
SEC filer profile
How Accredited Solutions, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARAccredited Solutions, Inc.1
- CIK0001464865
- Employer ID (EIN)45-25780511
- Filer statusNon-accelerated filer<br>smaller reporting company1
- Incorporated inNevada1
- Fiscal year endsDecember 311
- Industry code (SIC)2080 Beverages1
- SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
- Business address20311 Chartwell Center Drive, Suite 1469, Cornelius, NC 280311
- Phone800-947-91971
- Shares outstanding2,653,493,596 as of Dec 4, 202412
- Public float$687.0K as of Jun 30, 20234
- On EDGAR sinceMay 28, 20091
- Filings291 in all: 8-K (97), 10-Q (45), NT 10-Q (19), 4 (18), 10-K (15), 10-Q/A (10), CORRESP (10), NT 10-K (9)1
All 32 form types
10-K/A (8), S-1/A (8), UPLOAD (8), S-1 (6), EFFECT (5), 8-K/A (4), 3 (3), DEF 14C (3), PRE 14C (3), 4/A (2), 424B4 (2), RW (2), SC 13D/A (2), SC 13G (2), 1-A (1), 15-12G (1), 15-12G/A (1), 8-A12G (1), POS AM (1), QUALIF (1), SC 13D (1), SC 13G/A (1), SC 14F1 (1), SCHEDULE 13G (1)
- Latest filingsAnnual report (10-K) Jul 16, 2024
Quarterly report (10-Q) Dec 5, 2024
Latest 8-K (8-K) Jul 3, 2025
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 15SEC EDGARDaniel M. Ferris, President
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- 18SEC EDGAREntered a material agreement
- 19
- 20SEC EDGAROther events
- 21SEC EDGAROther events
- 22SEC EDGAREntered a material agreement
- 23SEC EDGARRegulation FD disclosure
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- 26SEC EDGARChange of auditor
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