Accredited Solutions, Inc.
ASII · Beverages · 2.65B shares · +4%/yr ↑ shares · EDGAR filings ↗
Grade
F38Distressed beverage micro-cap (penny stock) with extreme illiquidity and a history of rescinded acquisitions.
Strengths
- High revenue growth (90th pct) off a tiny base
- Low gross margin (20%) but some operating product line (Diamond Creek water)
Risks
- Current/quick ratio 0.013 (4.5th pct) — severe near-cash-out distress; ROA -6.5 (9th pct)
- Penny-stock, related-party asset sales and multiple abandoned/rescinded mergers; controlling-shareholder dealings
Notable findings
- No interest coverageInterest coverage -0.37 (cannot cover interest)
- Net lossNet loss (net margin -216.1%)
- Weak liquidityCurrent ratio 0.01 (<1)
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
20.0%
Operating margin
-21.6%
Net margin
-216.1%
Return on equity
29.3%
Return on assets
-648.6%
Revenue growth (QoQ)
135.7%
Interest coverage
-0.4×
Current ratio
0.0×
EBITDA
-$123K
Tangible book value
-$5M
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2025-07-03 | Material agreement1.02Exhibits | filing ↗ |
| 2024-11-04 | Material agreementExhibits | filing ↗ |
| 2024-09-18 | Material agreementReg FDExhibits | filing ↗ |
| 2024-09-06 | OtherExhibits | filing ↗ |
| 2024-09-06 | Other | filing ↗ |
| 2024-08-29 | Material agreementExhibits | filing ↗ |
| 2024-08-19 | Reg FDExhibits | filing ↗ |
| 2024-08-12 | Material agreementDebt obligation3.025.015.03Reg FDExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2025-07-03 | 2025-06-23 | 0001477932-25-004923 ↗ |
| 10-Q | 2024-12-05 | 2024-09-30 | 0001477932-24-007846 ↗ |
| 8-K | 2024-11-04 | 2024-10-25 | 0001477932-24-006860 ↗ |
| 8-K | 2024-09-18 | 2024-09-13 | 0001477932-24-005811 ↗ |
| 8-K/A | 2024-09-06 | 2024-09-05 | 0001477932-24-005562 ↗ |
| 8-K | 2024-09-06 | 2024-09-05 | 0001477932-24-005558 ↗ |
| 8-K | 2024-08-29 | 2024-08-27 | 0001477932-24-005362 ↗ |
| 10-Q | 2024-08-23 | 2024-06-30 | 0001477932-24-005218 ↗ |
| 10-Q/A | 2024-08-23 | 2024-03-31 | 0001477932-24-005214 ↗ |
| 8-K | 2024-08-19 | 2024-08-16 | 0001477932-24-005144 ↗ |
| 8-K | 2024-08-12 | 2024-08-12 | 0001477932-24-004649 ↗ |
| 10-Q | 2024-07-16 | 2024-03-31 | 0001477932-24-004249 ↗ |