{"id":918,"date":"2024-08-10T12:41:59","date_gmt":"2024-08-10T17:41:59","guid":{"rendered":"https:\/\/ownthefloat.com\/?p=918"},"modified":"2025-11-18T20:47:34","modified_gmt":"2025-11-19T02:47:34","slug":"asii-the-august-2024-comeback-tour","status":"publish","type":"post","link":"http:\/\/ownthefloat.com\/index.php\/2024\/08\/10\/asii-the-august-2024-comeback-tour\/","title":{"rendered":"ASII – The August 2024 Comeback Tour"},"content":{"rendered":"\n

NOVEMBER 2025 UPDATE:<\/strong> ASII is a joke, run by scammers. I was stupid enough to trust this ticker across two different groups of management and both times they pulled a bait-and-switch where they announce something big with lots of potential and after months of pump & dump, they rescind and start over. These guys need to be investigated by the SEC.<\/p>\n\n\n\n

Accredited Solutions, Inc. (OTC Pink: ASII) had an agreement get rescinded back in June 2023, which made the stock essentially crash to ‘the trips’. New management came in and things started happening behind the scenes, little by little. Then, in August of 2024, the fun began. (ASII closed at $0.0013 on Friday, August 9th, 2024 — the day before I wrote and published this blog.)<\/p>\n\n\n\n

August 1st, 2024<\/a> — The company puts out a PR saying they’re working with outside advisors over the weekend to finalize a decision on a potential reverse stock split.<\/p>\n\n\n\n

August 5th, 2024<\/a> — The company puts out a PR saying they decided to NOT go forward with a Reverse Stock Split. Thus, the market reacts and the stock finishes up 100% (from $0.0003 to $0.0006).<\/p>\n\n\n\n

August 7th, 2024<\/a> — The company puts out a PR saying they’ve reached an agreement with all convertible debt holders for total debt reduction and exchange into Preferred Stock<\/a>, not Common Shares. The stock price moved up to as much as $0.0014 on the 7th after seeing highs of $0.0009 the day before.<\/p>\n\n\n\n

August 8th, 2024<\/a> — Excitement continued to brew as the company posted on X about having exciting news on the horizon and used the hashtags “AI” and “NASDAQ”. Hint?<\/p>\n\n\n\n

August 9th, 2024<\/a> — The company posts on X about “announcement coming Monday & 8K filing!” and that they’re “building a real company through acquisition roll ups with revenues & positive EBIDTA huge updates around the corner” with hashtags “NASDAQ” and “OTCQX”.<\/p>\n\n\n\n

Now For Some Speculation:<\/em><\/strong><\/p>\n\n\n\n

Upon doing some quick research — William Allessi, the man that owns 95 MILLION shares of ASII stock, also happens to be the Founder, CEO, and Director of a company called Alpha Modus<\/a> — a company that has multiple patents related to methods & systems for retail stores, marketing, management, etc. Alpha Modus, a company that’s not currently publicly traded, put our a PR on July 22nd, 2024<\/a> talking about being awarded two additional patents. But, what’s interesting about that PR is the mention of “Insight Acquisition Corp” (NASDAQ: INAQ), which describes itself as, “a special purpose acquisition company<\/strong> formed solely to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses<\/strong>.”<\/p>\n\n\n\n

Given the post on X referencing AI and NASDAQ, it’s not a stretch to assume there’s a chance Monday’s announcement could be related to Alpha Modus and Accredited Solutions “merging” so William Allessi can take Alpha Modus public. But, that’s just speculation at this point, so decide for yourself.<\/p>\n\n\n\n

Comparative Analysis of Market Caps<\/em><\/strong><\/p>\n\n\n\n

As of August 10th, 2024, the company has a Market Cap of $1,995,464 because they have 1.5B shares outstanding (with 170M being restricted). As the stock continues to rise, this is a look at the Market Cap:<\/p>\n\n\n\n