UNITED STATES

SECURITIES AND EXCHANGE
COMMISSION

Washington, D.C. 20549





FORM 
10K



|x | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934

**For the fiscal year ended December 31,
2010.**
|- | --------------------------------------------------------------------------------------------------------------------------------------

Commission filenumber
0-27182



ACCREDITED BUSINESS
CONSOLIDATORS CORP.

(Exact name of registrant as
specified in its charter)



|PENNSYLVANIA                                                   | 25-1624305                       
|-------------------------------------------------------------- | ---------------------------------
|(State or other jurisdiction
of incorporation or organization) | (IRS Employer Identification
No.)

196 WEST ASHLAND
STREETDOYLESTOWN, PA  18901(Address of principal executive offices, including zip
code)

(267) 864-7737(Registrants
telephone number, including area code)





Securities registered pursuant to Section 12(b) of the
Act:   
None

Securities registered pursuant to Section 12(g) of the
Act:   Class  Commonstock, $.0001 par value

Indicate by checkmark if the registrant is a well-known
seasoned issuer, as defined in Rule 405 of the Securities Act:  ( 
) Yes  (X)
No.

Indicate by checkmark if the registrant is not required
to file reports pursuant to Section 13 or Section 15(d) of the Act: 
(  ) Yes  (X) No.

Indicate by check mark whether the registrant (1) has
filed all reports required to be filed by Section 13 or 15(d) or the Securities
Exchange Act of 1934 during the preceding 12 months (or for such shorter period
that the registrant was required to file such reports), and (2) has been subject
to such filing requirements for the past 90
days.    Yes   
o    No   x

Indicate by check mark whether the registrant has
submitted electronically and posted on its corporate Website, if any, every
Interactive Data File required to be submitted and posted pursuant to Rule 405
of Regulation S-T (s. 232.405 of this chapter) during the preceding 12 months
(or for such shorter period that the registrant was required to submit and post
such files).  (X) Yes   ( ) No.

Indicate by check mark if the disclosure of delinquent
filers pursuant to Item 405 of Regulation S-K (s. 229.405 of this chapter) is
not contained herein, and will not be contained, to the best of registrant's
knowledge, indefinite proxy or information statements incorporated by reference
in Part III of this Form 10-L or any amendment to this Form
10-K.    (  ).

Indicate by check mark whether the registrant is a large
accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller
reporting company.  See the definitions of "large accelerated filer,"
"accelerated filer," and "smaller reporting company," in Rule 12b-2 of the
Exchange Act.  (  ) Large accelerated filer; ( ) Accelerated
filer; (  ) Non-accelerated filer (do not check if a smaller reporting
company); (X) Smaller reporting company.

Indicate by check mark whether the registrant is a shell
company (as defined in Rule 12b-2 of the Act).  ( ) Yes 
(X) No.

State the aggregate market value of the voting and
non-voting common equity held by non-affiliates computed by reference to the
price at which the common equity was last sold, or the average bid and
asked price of such common equity, as of the last business day of the
registrant's most recently completed second quarter:  As of June 30,
2010, considering the price of the common stock being .004 on that
day, the aggregate market value of the common equity was $1,745,598 with
436,399,566 common shares outstanding.

APPLICABLE ONLY TO REGISTRANTS INVOLVED
IN BANKRUPTCY PROCEEDINGS DURING THE PRECEDING FIVE YEARS:  Indicate
by check mark whether the registrant has filed all documents and reports
required to be filed by Section 12, 13, or 15(d) of the Securities Act of
1934 subsequent to the distribution of securities under a plan confirmed by a
court.  ( ) Yes  ()
No.   As of December 31, 2010, there were 436,399,566
shares outstanding of the registrants Common Stock, $.0001 par value. 
Additionally, there were 500,000,000 preferred shares issued and
outstanding.

As of the date of this filing, there
were 436,399,566 common shares outstanding of the registrant's Common
Stock, $.0001 par value. Additionally, there are 500,000,000 preferred
shares issued and outstanding.   The preferred shares are not
registered.



TABLE OF
CONTENTS



|PREFACE  FORWARD LOOKING STATEMENTS AND RISK
FACTORS | 3                                                                                       
|----------------------------------------------------- | ----------------------------------------------------------------------------------------
|                                                      |                                                                                         
|PART
I                                                | 4                                                                                       
|                                                      |                                                                                         
|ITEM 1.                                               | Description
of Business                                                                 
|                                                      |                                                                                         
|ITEM 1A.                                              | Risk
Factors                                                                            
|                                                      |                                                                                         
|ITEM 2                                                | Properties                                                                              
|                                                      |                                                                                         
|ITEM 3                                                | Legal
Proceedings                                                                       
|                                                      |                                                                                         
|ITEM 4                                                | Submission
of Matters to a Vote of Securities Holders                                   
|                                                      |                                                                                         
|PART II.                                              |                                                                                         
|                                                      |                                                                                         
|ITEM 5.                                               | Market
for Registrant's Common Equity, Related Stockholder Matters, and Issuer
Purchases
|                                                      |                                                                                         
|ITEM
6.      Selected Financial Data                  | 7                                                                                       
|                                                      |                                                                                         
|ITEM 7.                                               | Management's
Discussion and Analysis of Financial Condition and Results of
Operations   
|                                                      |                                                                                         
|ITEM 8.                                               | Financial
Statements and Supplementary Data                                             
|                                                      |                                                                                         
|ITEM 9.                                               | Changes in and Disagreements with Accountants or
Accounting and Financial Disclosure    
|                                                      |                                                                                         
|ITEM 9AT                                              | Controls
and Procedures                                                                 
|                                                      |                                                                                         
|ITEM 9B.                                              | Other Information                                                                       
|                                                      |                                                                                         
|PART III.                                             |                                                                                         
|ITEM
10.                                              | Directors,
Executive Officers, and Corporate Governance                                 
|ITEM
11.    Executive Compensation                    | 8                                                                                       

2



FORWARD LOOKING STATEMENTS AND RISK FACTORS

Certain statements contained in this Form 10-K filed
by Accredited Business Consolidators Corp. ("Accredited" or "Company")
constitute "statements" within the meaning of Section 27A of the Securities Act
of 1933, as amended (the "Securities Act"), and Section 21E of the Securities
Exchange Act of 1934, as amended (the "Exchange Act"). These statements,
identified by words such as "will," "may," "expect," "believe," "anticipate,"
"intend," "could," "should," "expect," "estimate," "plan" and similar
expressions, relate to or involve the current views of management with respect
to future expectations, objectives and events and are subject to substantial
risks, uncertainties and other factors beyond management's control that may
cause actual results to be materially different from any such forward-looking
statements. Such risks and uncertainties include those set forth in this
document and others made by or on behalf of the Company in the future, including
but not limited to, the Company's limited operating history, its need for
additional capital or financing, its ability or inability to produce and market
products and services, its ability to make a profit in the future, its
dependence on a limited number of customers and key personnel, its dependence on
certain industries, its ability to locate and consummate business opportunities
that would appear to be in the best interests of the shareholders, its ability
to implement strategies to develop its business in emerging markets, competition
from other or similar companies or businesses, and, general economic conditions.
Any forward-looking statements in this document and any subsequent Company
document must be evaluated in light of these and other important risk factors.
The Company does not intend to update any forward-looking information to reflect
actual results or changes in the factors affecting such forward-looking
information.

**WARNING:**Accredited Business Consolidators
Corp. and its affiliated enterprises have minimal assets and are in
their start-up stages.  The previously filed registration statement
relating to the Italian Oven restaurants should not be relied upon as the
company has divested itself of all assets during its 1997 bankruptcy proceeding
and has been dormant until 2009.  Since 2009, and through the present, the
Company invested in high risk loans to affiliated companies with intention that
the affiliates can raise funds to begin their enterprises by registering their
securities.  Only experienced investors who understand the risks of
purchasing the common stock of a start-up company with little assets
should participate in any trading of our common stock.

3



PARTI

**ITEM 1 
--****DESCRIPTION OF BUSINESS**

Accredited Business Consolidators Corp. (the Company
or Accredited) was organized in 1990 under the nameFornelloU.S.A., Inc.
Accredited eventually changed its name to The Italian Oven, Inc., to reflect its
operation of various Italian restaurants.  However, in October, 1996,
Accredited did not have the funds to sustain itself, and it filed for protection
under Chapter 11 of the United States Bankruptcy Code. Accredited submitted a
plan to the bankruptcy court which divested it of all assets, including
intellectual property.  The plan provided no payment to shareholders;
however it did not cancel or extinguish the common shares of Accredited. 
The United States Bankruptcy Court for the Western District of Pennsylvania
approved the bankruptcy plan and on July 17, 1998, Accredited emerged from
bankruptcy. From the time Accredited emerged from bankruptcy until December
31, 2008, the company conducted no business.  It had no operations and no
assets.  Rather, it simply remained dormant while management sought an
opportunity for its shareholders.  The Company has not had any substantive
business operations from its emergence from bankruptcy until this
year.  The Company was considered a "shell company" as it had no or nominal
operations. In 2008, the Company found an investor, My Pleasure Ltd., of the
United Kingdom, to pay down all debt owed to business consultants and to
lead the Company in a new direction.

When management attempted to locate business
opportunities for the company, it incurred debts payable to business
reconstruction consultants. My Pleasure, Ltd., a corporation domiciled in the
United Kingdom, agreed to provide ACDU with a cash infusion of $150,000.00 to
pay off all of the company's debts in exchange for a controlling interest in the
Company. On October 17, 2008, My Pleasure Ltd. did indeed provide the cash to
the Company which was used to pay off the prior debt and legal expenses. After
the payments occurred, ACDU was completely free of debts and expenses. My
Pleasure Ltd. received 5,000,000 restricted pre-split common shares which
provided it with a majority control over the Company. After the stock split,
these 5,000,000 common shares became 500,000,000 common shares.  In 2009,
My Pleasure Ltd. elected to convert these shares to preferred shares that are
not trading.  During 2009, it did consummate the conversion.  The
preferred shares are equivalent in voting rights to a common share except that
the preferred shares, in totality, will always have at least 51% of the voting
power of the Company.My Pleasure Ltd. is a foreign entity that is not
owned by any United States persons. Because of this, the Company believes that
the transaction was exempt from securities regulations governing United States
investors. Nevertheless, legal counsel for the Company filed a REGDEX on
November 3, 2008, related to the transaction since My Pleasure was also an
accredited investor. The REGDEX does not allow, and will not allow, the Company
to sell the unregistered free trading securities to other accredited investors.
In fact, My Pleasure Ltd. ultimately converted its controlling interest through
common shares to a controlling interest through preferred shares.

Also in October 2008, My Pleasure Ltd., as majority
shareholder, elected JoannaChmielewskaas
the Company's primary officer. Concurrently, the Company appointed Action Stock
Transfer as its stock transfer agent. Action Stock Transfer is located at 7069
South Highland Drive, Suite 300, Salt Lake City, UT 84121. Action is registered
with the Securities and Exchange Commission as a stock transfer agent.  As
of the end of 2010, My Pleasure Ltd. remains the controlling shareholder. 
Action Stock Transfer remains the Company's stock transfer agent.

The Company established a virtual office at 196 West
Ashland Street in Doylestown, Pennsylvania 18901 so that it could receive legal
documents and mail. The office is not a staffed office but is merely a center to
receive business communications. The Company deemed it unnecessary to have a
fully staffed office because most of its business opportunities would be located
out of the United States and would be in diverse regions.

During 2010, the Company primarily operated as a holding
company loaning money to enterprises it helped form and which it will
eventually own a stake in.

**Change in Control and Change in Management**

As explained above, in October 2008, there was a
significant and material change in control and management when the Company
issued 5,000,000 restricted common shares to My Pleasure Ltd. of the United
Kingdom. The issuance of these shares effectively gave majority control to My
Pleasure Ltd. My Pleasure Ltd. effectively controls the Company and, by vote of
its shares, controls the directors and officers of the Company. Also in October
2008, JoannaChmielewskawas appointed the
Company's control officer and director. Ms.Chmielewskais effectively controlled by the voting shares of My
Pleasure Ltd. No person owns more than 10% of My Pleasure Ltd. However, My
Pleasure Ltd. is a private company and most of its records have not been made
available to the public. Investing in ACDU does not constitute an investment in
My Pleasure Ltd. On the contrary, My Pleasure Ltd. is an investor in ACDU and
may be an investor in other companies not affiliated with ACDU.  As of
December 31, 2010, My Pleasure Ltd. remained the majority owner of the Company
with 53% of its controlling interest.  My Pleasure Ltd. is also the largest
creditor of the Company having provided it substantial loans.

**Plan of Operation and Statement of Operations**

Subsequent to the purchase of control by My Pleasure
Ltd., the Company changed its scope of operations. The Company's business model
turned into that of a holding company engaged in locating business
opportunities. ACDU would either create the business themselves, form
partnerships or joint ventures with third parties, or make direct investments
into other corporations. Most of the business opportunities would involve
distressed entities or new entities. As a result, ACDU would be required to help
assist the companies locate loans or equity finance to enhance the potential for
success of the ventures. These companies and ventures may also need to file
registration statements with the Securities and Exchange Commission so that they
may seek investment money from the public. With this business plan in mind, ACDU
created certain related companies as discussed below.  While ACDU
will own part, and in some cases most or all, of the entities below, the Company
has not directed the stock transfer agent of these entities to issue shares to
it.  Once the shares are activated, formal documentation will be
filed.

1. Italian Oven International, Inc. ("IOII"). IOII was
formed in January 2009 through a filing with the Pennsylvania Secretary of State
to hold investments into small businesses located outside of the United
States.

2. Accredited Business Development Corp. ("ABDC"). ABDC
was formed in March 2010 as a Pennsylvania corporation. ABDC will purchase
minority stakes in international companies that are deemed worthy and which may
be positioned for growth. The Company is in the process of finalizing the
necessary documents to raise capital as a Business Development Corp. under
section 55 of the Investment Company Act of 1940. It is expected that ACDU will
maintain control of ABDC even after the capital raise. Presently, however, ABDC
is not conducting business and its success will be dependent on formulating its
filings and locating investment-worthy international enterprises.

3. Accredited Consolidators Europe PLC ("ACE"). ACE was
formed in the United Kingdom in November 2009 as a public limited company. ACE
will be a holding corporation similar to ABDC, discussed above. However, it will
focus primarily on projects in Eastern Europe. While it will operate similar to
a BDC, the Company may or may not choose not to register with the Securities and
Exchange Commission and, instead, might only accept foreign investment capital.
ACE hopes to eventually list with the Alternative Investment Market division of
the London Stock Exchange in the United Kingdom. If the listing requirements
turn out to be too expensive, the Company may file an offering statement with
the Securities and Exchange Commission. However, this will be done as a last
resort as the preference is for trading on an international exchange without
trading in the United States. The Company cautions investors that ACE is
presently not participating in any business activities and is in the development
stage.

4. Accredited Hospitality Group Inc. ("AHG"). AHG is a
Pennsylvania corporation formed in November 2009. AHG was formed to develop
investments in the hospitality industry. Presently,AHG'ssole contract is to
provide management services withHilandTerrace Corp., a small hotel in North Huntingdon,
Pennsylvania. The contract does not presently provide revenue to AHG due toHilandTerrace's financial
position. It is expected, as explained below, thatHilandTerrace may go public
during 2011 and seek capital and expansion opportunities to develop its
property.

5. Italian Oven Intellectual Property Inc. ("IOIP").
IOIP is a Pennsylvania corporation formed in January 2009. The purpose of IOIP
will be to manageACDU'sintellectual property and trademarks, whether official
or common law. IOIP will act separately from the parent company and will receive
income through licensing and commissions. IOIP is not expected to be divested
from the parent company and it will most likely never file a registration
statement to raise capital.

6. Italian Oven Travel & Entertainment Corp.
("IOTE"). IOTE is a Pennsylvania corporation formed in January 2009. The purpose
of IOTE is to offer travel and entertainment related websites. IOTE presently
has numerous contracts in place to sell travel offerings such as cruises,
hotels, car rentals, and tour packages throughout the world. While agreements to
offer travel services are in place, IOTEwill needraise capital to obtain the money to prepare the
websites and booking engines necessary to be successful. Therefore,IOTE'sgoal for mid-2011
is to file the necessary documents with the Securities and ExchangeCommssionto legally perform a
capital raise.

7. Italian Oven Technologies Inc. ("IOTI"). IOTI is a
Pennsylvania corporation formed inFebruary2009 to engage in the business of distributing
electronic devices to Central America. Initially, the Company teamed up with
ACER Computers as an authorized partner and prepared to import computers into
Costa Rica, Nicaragua, and Honduras. However, the Company determined that the
pricing for purchasing systems in bulk from ACER could not compete with large
retailers such as Circuit City and Amazon.com. While these outlets are not in
Central America, residents of those countries import electronics on their own
using services with mail forwarding from Miami. Recently, IOTI changed its focus
to dual-SIM cellular phones. IOTI began negotiating agreements with several
wireless telephone manufacturers in China and Hong Kong that manufacturer the
devices. IOTI is in the product testing stage to assure that only quality
products are purchased. If the phones being tested pass the tests, the Company
will begin importing these telephones into Central America. The dual-SIM phones
are extremely popular in Central America because most clients use a prepaid SIM.
The prepaid plans provide low cost calling, but only to other phones on the same
network. Therefore, residents of Central America usually carry two cellular
phones, each being on a separate provider. Having a dual SIM phone alleviates
the need for two phones. IOTI will require capital to successfully move forward
with the project. Therefore, its primary goal for mid-2011 is to prepare
the necessary documents for filing with the Securities and Exchange Commission
to raise capital.

8. Italian Oven Financial Inc. ("IOF"). IOF is a
Pennsylvania corporation formed in January 2009.IOF'spurpose and plan is to offer financial services as a
white label affiliate for unique products that can be provided with fair
pricing. Presently, IOF is exploring a potential partnership to provide a binary
options trading platform to the public. However, if an agreement is consummated
with a partner, IOF will be in need of capital and will have to file appropriate
filings with the Securities and Exchange Commission to raise
capital.

9. Richwood Eco Ventures, Inc. ("REVI"). REVI is a
Pennsylvania corporation formed in 2009. REVI operated a venture whereby it had
RichwoodCorporacionin
Nicaragua process wood for it which was then sold to enterprises in Europe and
the United States. REVI filled two orders for wood from a company in Andorra and
caused the timber to be delivered; however, it has since been impaired from
operating because of several factors. The first material event was that its
consulting director fell ill and was unable to continue in his capacity. This
left REVI with no experienced officer in the field. Concurrently, creditors of
Rich Forest Management took over the Richwood factory as they claimed to hold a
mortgage thereon. While REVI, through its affiliates, owned approximately
$100,000 in equipment assets, those assets were inside the factory.REVI'saffiliates are presently
going through both criminal and civil legal channels to reacquire possession of
its wood processing equipment. Once REVI obtains the equipment, it will either
partner with another wood processing plant or it will open its own plant. In
either case, REVI will need capital and will file an appropriate registration
statement with the Securities and ExchangeCommissionso that it can raise money.

10. Telecom Tools Inc. ("TTI"). TTI is a Pennsylvania
corporation formed in July 2009. TTI filed a patent for a modification to a
popular telecommunications punch-down tool. Punch-down tools are routinely used
when installing wiring for communications systems and in telephone rooms. The
#66 punch-down blade frequently causes accidental shorting when installers brush
the tool against adjacent connections. This causes digital stations to crash,
lockup, or trip circuit protection, resulting in dropped calls and upset
clients. Worse, such accidental contact sometimes causes permanent damage to
equipment.TTI'spatent
provides a coating to the tool that will minimize the chances of shorting. Themodificationwill only cost manufacturers a
small amount of money per tool to add the protection to it. TTI will collect
royalties on its patent-pending process. TTI intends to file a registration
statement with the Securities and Exchange Commission during the first quarter
of 2011. The registration statement will allow TTI to seek investment capital
for the marketing of its tool modification. It is believed that ACDU will own
between 25% and 49% of TTI when shares are formally issued.

11. Industrial Supply Company LLC ("ISC"). ISC is a
Floridalimited liability companyformed in April 2008. ACDU presently owns 25% of ISC.
ISC operates as a construction consulting and lobbying organization. It does not
intend to file a registration statement or seek capital from investors. It will
work closely with ACDU to develop its consulting enterprises and may help
construction companies obtain financing or obtain modifications to local, state,
and federal laws through its lobbying programs.

12. Envirocare Corp. ("ECC"). ECC was formed in 2009 by
ACDU as an entity that would sell products such as environmentally friendly
cement. The formation of ECC occurred before theCalichiSino alliance was
created. ACDU will not move forward with using ECC as a vehicle to sell this
type of product because it will focus primarily on the CSI alliance. Since
determining that it could not continue with the proposed joint venture with Blue
World Crete (formerly known as Green World Crete) because it determined that
officers of B/GWC had convictions in a Medicare fraud scheme. Because of the
abandonment of the project, ECC remained dormant. However, ECC will continue to
search for ventures that will not compete with CSI and that are environmentally
friendly. If it locates an opportunity, it would need to file a registration
statement with the Securities and Exchange Commission to gain the capital it
needs.

13. Accredited Suppliers Corp. ("ASC"). ASC was formed
in November 2009 as an entity that would import auto parts and other supplies to
Central America. ASC has been in operation for nearly one year and is achieving
a fair profit; however, the initial investment into ASC was low so the profits
were similarly not substantial. Therefore, ASC needs to replicate its business
model with additional capital. ASC requires additional capital to implement its
business model and buy additional vehicles and hire staff to deliver parts to
enterprises in rural areas in Nicaragua, Honduras, andGuatemala. Parts carry a premium in remote areas because most
business owners have to travel to the city to buy items for sale in their
stores. Having a delivery service to the areas makesAccrediteda primary supplier
for the rural business. ASC intends to file a registration statement as soon as
practicable in order to achieve the ability to raise capital.

14.3-101-532180, S.A., of Costa
Rica. 3-101-532180 S.A. operates a mall-based clothing store in Costa Rica.
ACDU owns 25% of 3-101-532180 S.A.  The Company is expanding to Spain, most
likely Madrid or Barcelona, in 2011. However, the Spain store will be a separate
entity. It is expected that ACDU will own 25% of the Spanish entity that
will be formed for this operation or will participate in a joint venture
agreement whereby it controls a 25% interest therein.

15. 
Hiland Terrace Corp.  The Company owns less than 10% of the
Hiland Terrace Corp., a corporation that owns a small motel and
office center in Pennsylvania.

16. 
Identifier Inc. ("II"). II was formed in 2010 to earn advertising revenue from
websites. The websites focus on the release of data in a publicly alterable wiki
format. II requires additional capital to implement its business model. II
intends to file a registration statement with the Securities and Exchange
Commission to achieve its capitalization requirements.

17. 
Accredited RAC Company ("ARAC"). ARAC is a
Pennsylvania corporation formed in July 2010. ARAC's
business plan is to offer car rentals in Central America. ARAC, while it
maintains financing in place to purchase vehicles for rent in Nicaragua, has
chosen to continue its evaluation of the market before beginning operations.
Specifically, prior to moving forward with the vehicle purchase, the Company
needs to be assured that it will be able to make payments during the initial
stages of operations. Therefore, ARAC's present activities
include creating a financing statement to raise capital by becoming a public
entity so that investment capital is available while it positions itself. ARAC
believes that, in mid-2011, it will have the documents prepared and ready
for submission to the Securities and Exchange Commission.

18.Calichi Sino, Inc.
("CSI"). CSI is a Florida corporation formed in February 2010. ACDU will own
between 10 and 20 percent of CSI depending on the final agreement between the
partners. CSI will market environmentally friendly concrete products. CSI will
be a prospective alliance of partners including ACDU, companies affiliated with
Zeobond of Australia, and entities affiliated with
Harricrete Ltd. of Trinidad. In the simplest of terms, the alliance
will purchase or produce Zeobond's patented products and distribute
them in areas that Zeobond does not presently have a market for
them. Harricrete, which presently engages in international
distribution of construction materials, will provide its logistical experience
and distribution channels. The alliance members are presently formulating an
initial registration statement for the Company so that it may seek appropriate
capital for its projects.

4






**ITEM 1A.****Risk Factors.**

Smaller reporting companies are not required to provide
risk factor disclosure on their form 10-K filings.  Nevertheless,
Accredited Business Consolidators Corp. believes that investors and potential
investors should view our company as an extremely high risk and speculative
investment.  We have outlined certain risk factors below but they may not
be complete and additional risk factors may exist:

1.  Our Business Is Difficult To Evaluate
Because We Have No Ongoing Operations and Minimal Assets. As the Company
currently has no ongoing operations other than to find business
ventures and with only minimal assets, there is a risk that we will be
unable to continue as a going concern and consummate a business combination. We
have no significant assets or financial resources. We will, in all likelihood,
sustain operating expenses without corresponding revenues, at least until the
consummation of a business combination. This may result in our incurring a net
operating loss that will increase continuously until we can consummate a
business combination with a profitable business opportunity. We cannot assure
you that we can identify a suitable business opportunity and consummate a
business combination.

2. We Will Continue To Incur Claims, Liabilities And
Expenses. We will continue to incur claims, liabilities and expenses, which
will reduce the realizable value of our remaining assets and the amount
potentially available for distribution to stockholders. Claims, liabilities and
expenses from operations (such as salaries, directors' and officers' insurance,
payroll and taxes, legal, accounting and consulting fees and miscellaneous
office expenses) will continue to be incurred. These expenses will have to be
satisfied from our remaining assets and, therefore, will reduce the net
realizable value of those assets.    3.  Our
Business Will Have No Revenues Unless And Until We Merge With Or Acquire An
Operating Business. As of the date hereof, the Company, as defined in Rule
12b-2 under the Exchange Act, is a shell company, defined as a company with no
or nominal assets (other than cash) and no or nominal operations. We currently
have no revenues from operations. We may not realize any revenues unless and
until we successfully merge with or acquire an operating
business. 4.   Because Of The Deficiencies In Our Past
Compliance With Disclosure Rules And The Requirements Of Securities Laws, We
Face Risks Of Liability Under The Securities Laws.  We have not filed
our annual reports for several years.  Therefore, we could be named in an
administrative, civil or criminal proceeding by the SEC or another government
entity, and we could be named in a civil proceeding brought by a stockholder or
other private entity. There is no guarantee we would emerge from such a
proceeding with the ability to continue as a going concern. The deficiencies in
our compliance which we believe could have material consequences for us include
the following:

5.  Our Financial Statements Include A Going
Concern Opinion From Our IndependentAuditors.The Company received a going concern opinion on its
financial statements for fiscal year 2009. Our auditors have stated that due to
our lack of assets and operations, there is "substantial doubt" about our
ability to continue as a going concern. The going concern opinion from our
auditors may limit our ability to access certain types of financing, or may
prevent us from obtaining financing.

6.   Future Success Is Highly Dependent On
The Ability Of Management To Locate And Attract A Suitable Acquisition. The
nature of our operations is highly speculative and there is a consequent risk of
loss of your investment. The success of our 
operationwill depend to a great extent on
the operations, financial condition and management of the identified business
opportunity. While management intends to seek business combination(s) with
entities having established operating histories, we cannot assure you that we
will be successful in locating candidates meeting that criterion. In the event
we complete a business combination, the success of our operations may be
dependent upon management of the successor firm or venture partner firm, and
numerous other factors beyond our control.

7.    The Company Has No Existing
Agreement For A Business Combination Or Other Transaction. We have no
agreement with respect to engaging in a merger or joint venture with, or
acquisition of, a private or public entity. No assurances can be given that we
will successfully identify and evaluate suitable business opportunities or that
we will conclude a business combination. We cannot guarantee we will be able to
negotiate a business combination on favorable terms.

8.   Future Sales By Existing Security
Holders Could Depress the Market Price of Our Common Stock.  If our
existing stockholders sell a large number of shares of our common stock, the
market price could decline significantly.  Further, even the perception in
the public market that our existing stockholders might sell shares of common
stock could depress the market price of the common stock.

9.  There Are Risks Associated With Our
Stock Trading On The Pink Sheets Rather Than A National
Exchange.  There are significant consequences associated with our
stock trading on the Pink Sheets Over the County market rather than a national
exchange including limited release of the market prices of our securities,
limited news coverage, limited interest by investors in our securities,
volatility of our stock price due to low trading volume, limited ability to
issue additional securities or to secure additional financing, manipulation
by traders, and purchase and sale decisions by market
makers.

10.  There is No Assurance ThatAnActive Public
Trading Market Will Develop:There has been an extremely limited public trading market for the
Company's common stock.  There can be no assurances that a public
trading market for the common stock will develop or that a public trading
market, if developed, will be sustained.  If for any reason a public
trading market does not develop, purchasers of the shares of common stock
may have difficulty in selling their securities should they desire to do
so.

12.  "Penny Stock" Regulations May Impose
Certain Conditions On The Marketability Of Our
Securities.  The Securities and Exchange Commission has adopted
regulations which generally define "penny stock" to be an equity security
that has a market price of less than $5.00 a share, subject to certain
exceptions.  Our common stock is presently, and most probably will always
be, subject to these regulations which impose additional sales practice
requirements on broker-dealers who sell such securities to persons other
than established customers and accredited investors (generally those with assets
in excess of $1,000,000 or annual income exceeding $200,000, or $300,000
including their spouse).  For transactions covered by these rules, the
broker-dealer must make a special suitability determination fortghepurchase of such
securities and have received the purchaser's written consent to the transaction
prior to the purchase.  Additionally, for any transaction involving a
"penny stock," unless exempt, the rules require the delivery, prior to the
transaction, of a risk disclosure document mandated by the Commission relating
to the "penny stock" market.  The broker-dealer must disclose the
commission payable to both the broker-dealer and the registered representative,
current quotations for the securities and, if the broker-dealer is the sole
market maker, the broker-dealer must disclose this fact and
the broker-dealer's presumed control over the market.

5








**ITEM 2.****PROPERTIES**

During the 2010 fiscal year, the Company neither
owned nor rented any properties.

**ITEM 3.****LEGAL PROCEEDINGS**

During the 2010 fiscal year, there were no known
material legal proceedings involving the Company.The Company,
through its affiliates, is participating in litigation to achieve
access to property and industrial equipment belonging to Richwood Eco Ventures
Inc. This litigation continued during 2010.  The property consists of wood
processing equipment, electric power generators, and vehicles. While the
Richwood Eco Ventures matter is not material to the Company to the extent it
will affect our business model of assisting other companies, it is material to
our subsidiary, Richwood Eco Ventures, Inc. Prevailing on the legal
actions would greatly assist in the success of Richwood Eco Ventures. However,
there is no certainty in legal proceedings and the matter is ongoing.

**ITEM 4.****SUBMISSION OF MATTERS TO A VOTE OF SECURITIES
HOLDERS**

During the 2010 fiscal year, there were no matters
submitted to a vote of securities holders, through the solicitation of proxies,
or otherwise.

**PART II**

**ITEM 5 
Market****for Registrant's
Common Equity, Related Stockholder Matters and Issuer Purchases of Equity
Securities.**

Shares of Accredited Business Consolidators
Corp. common stock are traded in the United States on the Over the Counter
Market.  Our shares trade as an OTCQB stock on OTC Markets Group Inc.'s
electronic pricing system.  The principal United States
market for our common stock is not an exchange.  As such, the
rules of the Securities and Exchange Commission require us to state the range of
high and low bid information for the equity for each full quarter within the
most recent fiscal years and any subsequent interim period for which financial
statements are included, or are required to be included by Article 3 of
Regulation S-X, as regularly quoted in the automated quotation system or a
registered securities association, or where the equity is not quoted in such a
system, the range of reported high and low bid quotations, and to indicate
the source of the quotations.  We are required to advise that such
over-the-counter market quotations reflect inter-dealer prices, without retail
markup, mark-down, or commission and may not necessarily represent actual
transactions.  However, because of the passage of time, the best
information available to the Companyconsistof trading information. Therefore, we are providing the
pricing for each day.  The source of our information is the website
pinksheets.com that lists the entire history of the stock's trading
prices.  During 2010, the stock traded using the symbol ACDU.  Prior
to trading as ACDU, the stock traded as IOVE.

The instructions provided by the Securities and Exchange
Commission direct issuers to provide the data retroactively to any split of the
stock.  In 2009, a 100 for 1 forward split occurred.  This
split occurred during the 2009 fiscal year.  As the split occurred
before 2010, the prices below already provide full accounting of the split.

|date       | Open   | High   | Low    | Close  | Volume  
|---------- | ------ | ------ | ------ | ------ | --------
|1/4/2010   | 0.0077 | 0.0083 | 0.0075 | 0.0075 | 1641859 
|1/5/2010   | 0.0075 | 0.0085 | 0.006  | 0.0082 | 4371778 
|1/6/2010   | 0.0088 | 0.0112 | 0.0083 | 0.0095 | 12475018
|1/8/2010   | 0.01   | 0.01   | 0.0095 | 0.0098 | 924125  
|1/11/2010  | 0.009  | 0.0099 | 0.0086 | 0.0093 | 2960441 
|1/12/2010  | 0.0093 | 0.0093 | 0.0086 | 0.009  | 1974932 
|1/13/2010  | 0.0085 | 0.009  | 0.007  | 0.0078 | 2198034 
|1/14/2010  | 0.0085 | 0.009  | 0.008  | 0.008  | 1133464 
|1/15/2010  | 0.0088 | 0.0093 | 0.0078 | 0.0083 | 8603141 
|1/19/2010  | 0.008  | 0.0083 | 0.0069 | 0.0075 | 7524413 
|1/20/2010  | 0.008  | 0.008  | 0.0066 | 0.0067 | 2520613 
|1/21/2010  | 0.007  | 0.0075 | 0.0069 | 0.0072 | 2257343 
|1/22/2010  | 0.0072 | 0.0075 | 0.0068 | 0.0069 | 526723  
|1/25/2010  | 0.0062 | 0.0074 | 0.0062 | 0.0074 | 2234995 
|1/26/2010  | 0.0065 | 0.0075 | 0.0062 | 0.0071 | 2672396 
|1/27/2010  | 0.0071 | 0.0075 | 0.0065 | 0.0069 | 1892200 
|1/28/2010  | 0.0069 | 0.008  | 0.0067 | 0.0075 | 8534739 
|1/29/2010  | 0.008  | 0.0098 | 0.0075 | 0.0083 | 23298202
|2/1/2010   | 0.0083 | 0.0084 | 0.0072 | 0.0076 | 11150335
|2/2/2010   | 0.0076 | 0.008  | 0.0071 | 0.0072 | 2022733 
|2/3/2010   | 0.0072 | 0.0078 | 0.0067 | 0.007  | 3370374 
|2/4/2010   | 0.007  | 0.0075 | 0.0069 | 0.0069 | 1435956 
|2/5/2010   | 0.0069 | 0.007  | 0.0067 | 0.0069 | 2464618 
|2/8/2010   | 0.0067 | 0.007  | 0.0066 | 0.0067 | 1560369 
|2/9/2010   | 0.0066 | 0.007  | 0.0065 | 0.007  | 3991225 
|2/10/2010  | 0.007  | 0.007  | 0.0062 | 0.0066 | 4976393 
|2/11/2010  | 0.0064 | 0.008  | 0.0062 | 0.0077 | 6133891 
|2/12/2010  | 0.007  | 0.007  | 0.0063 | 0.0069 | 3443200 
|2/16/2010  | 0.0069 | 0.0075 | 0.0062 | 0.0073 | 1404665 
|2/17/2010  | 0.0064 | 0.007  | 0.0061 | 0.0069 | 2068000 
|2/18/2010  | 0.007  | 0.0075 | 0.0068 | 0.0072 | 4530739 
|2/19/2010  | 0.0071 | 0.0074 | 0.0066 | 0.0072 | 1575458 
|2/22/2010  | 0.0072 | 0.0072 | 0.0064 | 0.007  | 2100831 
|2/23/2010  | 0.007  | 0.007  | 0.0061 | 0.0064 | 1757661 
|2/24/2010  | 0.0063 | 0.0063 | 0.0041 | 0.0053 | 10394862
|2/25/2010  | 0.0053 | 0.0058 | 0.0052 | 0.0052 | 2689267 
|2/26/2010  | 0.0058 | 0.0058 | 0.0053 | 0.0058 | 1018099 
|3/1/2010   | 0.0054 | 0.0059 | 0.005  | 0.0055 | 1169949 
|3/2/2010   | 0.0051 | 0.006  | 0.0051 | 0.0057 | 1754334 
|3/3/2010   | 0.007  | 0.007  | 0.005  | 0.0058 | 3986399 
|3/4/2010   | 0.0059 | 0.0065 | 0.0052 | 0.0065 | 1888467 
|3/5/2010   | 0.0065 | 0.0065 | 0.0053 | 0.006  | 1108890 
|3/8/2010   | 0.0055 | 0.006  | 0.0055 | 0.006  | 902252  
|3/9/2010   | 0.006  | 0.0065 | 0.0058 | 0.0064 | 1251930 
|3/10/2010  | 0.0072 | 0.0072 | 0.0065 | 0.0065 | 280932  
|3/11/2010  | 0.0065 | 0.0066 | 0.0062 | 0.0066 | 3749200 
|3/12/2010  | 0.0066 | 0.0071 | 0.006  | 0.0071 | 2721509 
|3/15/2010  | 0.0072 | 0.0075 | 0.0065 | 0.0071 | 549017  
|3/16/2010  | 0.0055 | 0.0075 | 0.0055 | 0.0065 | 1476245 
|3/17/2010  | 0.0065 | 0.0065 | 0.0061 | 0.0065 | 902998  
|3/18/2010  | 0.0061 | 0.0065 | 0.006  | 0.0065 | 541668  
|3/19/2010  | 0.006  | 0.0063 | 0.005  | 0.0063 | 4416101 
|3/22/2010  | 0.006  | 0.0064 | 0.0049 | 0.006  | 3193291 
|3/23/2010  | 0.0057 | 0.006  | 0.0055 | 0.0059 | 1319064 
|3/24/2010  | 0.006  | 0.0065 | 0.006  | 0.0065 | 1156289 
|3/25/2010  | 0.0065 | 0.0069 | 0.0052 | 0.0068 | 1904814 
|3/26/2010  | 0.0066 | 0.0066 | 0.005  | 0.0058 | 199999  
|3/29/2010  | 0.0058 | 0.0058 | 0.0045 | 0.0055 | 1522888 
|3/30/2010  | 0.005  | 0.0058 | 0.0048 | 0.0058 | 2526663 
|3/31/2010  | 0.0057 | 0.0057 | 0.005  | 0.0054 | 1647789 
|4/1/2010   | 0.0054 | 0.007  | 0.0054 | 0.0065 | 5715671 
|4/5/2010   | 0.0062 | 0.0062 | 0.0051 | 0.0055 | 1064759 
|4/6/2010   | 0.0055 | 0.0064 | 0.0052 | 0.0062 | 483852  
|4/7/2010   | 0.0065 | 0.0065 | 0.0056 | 0.0058 | 2243352 
|4/8/2010   | 0.006  | 0.0065 | 0.0055 | 0.006  | 681009  
|4/9/2010   | 0.0064 | 0.0064 | 0.0055 | 0.0055 | 1273998 
|4/12/2010  | 0.0055 | 0.0059 | 0.0052 | 0.0055 | 2216875 
|4/13/2010  | 0.0051 | 0.0055 | 0.0046 | 0.0055 | 1383167 
|4/14/2010  | 0.0055 | 0.0056 | 0.0022 | 0.005  | 1715598 
|4/15/2010  | 0.005  | 0.0054 | 0.0044 | 0.0054 | 1340390 
|4/16/2010  | 0.005  | 0.0054 | 0.004  | 0.005  | 8271962 
|4/19/2010  | 0.01   | 0.01   | 0.005  | 0.0054 | 1869857 
|4/20/2010  | 0.005  | 0.005  | 0.0047 | 0.005  | 749544  
|4/21/2010  | 0.0054 | 0.0065 | 0.0047 | 0.0065 | 3804428 
|4/22/2010  | 0.008  | 0.01   | 0.007  | 0.008  | 25445880
|4/23/2010  | 0.008  | 0.008  | 0.0056 | 0.0065 | 5266448 
|4/26/2010  | 0.0069 | 0.008  | 0.0051 | 0.0071 | 6443905 
|4/27/2010  | 0.007  | 0.007  | 0.006  | 0.007  | 1422831 
|4/28/2010  | 0.0071 | 0.0072 | 0.006  | 0.0069 | 1904724 
|4/29/2010  | 0.0061 | 0.0078 | 0.0061 | 0.0077 | 2157264 
|4/30/2010  | 0.007  | 0.0079 | 0.007  | 0.0078 | 3447391 
|5/3/2010   | 0.007  | 0.0077 | 0.0061 | 0.0074 | 5576700 
|5/4/2010   | 0.0073 | 0.0073 | 0.0061 | 0.0069 | 959698  
|5/5/2010   | 0.0064 | 0.0067 | 0.0052 | 0.0059 | 5138423 
|5/6/2010   | 0.006  | 0.0067 | 0.005  | 0.0055 | 1606797 
|5/7/2010   | 0.0058 | 0.0058 | 0.0057 | 0.0058 | 606798  
|5/10/2010  | 0.0055 | 0.0067 | 0.0055 | 0.0067 | 350498  
|5/11/2010  | 0.0064 | 0.0064 | 0.0052 | 0.0054 | 451197  
|5/12/2010  | 0.0054 | 0.0062 | 0.0054 | 0.006  | 1084026 
|5/13/2010  | 0.0052 | 0.006  | 0.0047 | 0.006  | 7205565 
|5/14/2010  | 0.0064 | 0.0064 | 0.005  | 0.006  | 67692   
|5/17/2010  | 0.005  | 0.0059 | 0.0047 | 0.0055 | 1196800 
|5/18/2010  | 0.005  | 0.0063 | 0.0047 | 0.0062 | 1740423 
|5/19/2010  | 0.0055 | 0.0063 | 0.0051 | 0.0051 | 105277  
|5/20/2010  | 0.0059 | 0.0059 | 0.0051 | 0.0054 | 833599  
|5/21/2010  | 0.0051 | 0.0057 | 0.0051 | 0.0057 | 222498  
|5/24/2010  | 0.0056 | 0.0056 | 0.0051 | 0.0051 | 577000  
|5/25/2010  | 0.0051 | 0.0051 | 0.0045 | 0.0046 | 1983600 
|5/26/2010  | 0.005  | 0.005  | 0.0047 | 0.0047 | 478280  
|5/27/2010  | 0.0045 | 0.0049 | 0.004  | 0.0045 | 655200  
|5/28/2010  | 0.0041 | 0.0044 | 0.004  | 0.004  | 2275957 
|6/1/2010   | 0.004  | 0.0049 | 0.002  | 0.0049 | 1156675 
|6/2/2010   | 0.0045 | 0.0049 | 0.0044 | 0.0044 | 613850  
|6/3/2010   | 0.0044 | 0.0044 | 0.0044 | 0.0044 | 265500  
|6/4/2010   | 0.0044 | 0.0054 | 0.004  | 0.005  | 500000  
|6/7/2010   | 0.0041 | 0.005  | 0.0041 | 0.0049 | 409999  
|6/8/2010   | 0.0035 | 0.0047 | 0.0035 | 0.0047 | 389398  
|6/9/2010   | 0.0045 | 0.0045 | 0.0035 | 0.0042 | 622511  
|6/10/2010  | 0.0038 | 0.004  | 0.0032 | 0.0038 | 626304  
|6/11/2010  | 0.004  | 0.004  | 0.0031 | 0.0034 | 1970250 
|6/14/2010  | 0.004  | 0.005  | 0.004  | 0.0045 | 2806722 
|6/15/2010  | 0.005  | 0.005  | 0.0045 | 0.0046 | 634999  
|6/16/2010  | 0.0046 | 0.0046 | 0.004  | 0.0046 | 1342385 
|6/17/2010  | 0.004  | 0.0047 | 0.004  | 0.0047 | 680399  
|6/18/2010  | 0.0047 | 0.005  | 0.0047 | 0.0048 | 404999  
|6/21/2010  | 0.0048 | 0.0048 | 0.0048 | 0.0048 | 17211   
|6/22/2010  | 0.0045 | 0.0045 | 0.003  | 0.004  | 1382738 
|6/23/2010  | 0.0044 | 0.0044 | 0.0031 | 0.0043 | 1236300 
|6/24/2010  | 0.0043 | 0.0043 | 0.0036 | 0.0036 | 503000  
|6/25/2010  | 0.0042 | 0.0042 | 0.0036 | 0.0042 | 335500  
|6/28/2010  | 0.0038 | 0.0041 | 0.0038 | 0.0038 | 441667  
|6/29/2010  | 0.004  | 0.0042 | 0.0037 | 0.004  | 1229016 
|6/30/2010  | 0.004  | 0.004  | 0.004  | 0.004  | 100000  
|7/1/2010   | 0.0039 | 0.004  | 0.0039 | 0.0039 | 653500  
|7/2/2010   | 0.0039 | 0.0039 | 0.0036 | 0.0036 | 263500  
|7/6/2010   | 0.0032 | 0.0032 | 0.0032 | 0.0032 | 556000  
|7/7/2010   | 0.0037 | 0.004  | 0.0029 | 0.0037 | 411000  
|7/8/2010   | 0.003  | 0.0037 | 0.0029 | 0.003  | 906865  
|7/9/2010   | 0.0037 | 0.0037 | 0.0029 | 0.0037 | 701000  
|7/12/2010  | 0.0037 | 0.0039 | 0.0036 | 0.0039 | 5505176 
|7/13/2010  | 0.0039 | 0.0039 | 0.0029 | 0.0039 | 9153218 
|7/14/2010  | 0.0039 | 0.0042 | 0.0037 | 0.0042 | 15660058
|7/15/2010  | 0.0042 | 0.0042 | 0.004  | 0.0041 | 1154000 
|7/16/2010  | 0.0043 | 0.0062 | 0.0041 | 0.0056 | 3649183 
|7/19/2010  | 0.0059 | 0.0064 | 0.0046 | 0.005  | 1925815 
|7/20/2010  | 0.005  | 0.005  | 0.0039 | 0.0039 | 2430865 
|7/21/2010  | 0.004  | 0.0048 | 0.004  | 0.0048 | 61931   
|7/22/2010  | 0.0048 | 0.0048 | 0.003  | 0.0045 | 1937500 
|7/23/2010  | 0.0046 | 0.0046 | 0.004  | 0.0045 | 355000  
|7/26/2010  | 0.004  | 0.0045 | 0.0033 | 0.0045 | 208000  
|7/27/2010  | 0.0045 | 0.0045 | 0.0033 | 0.0043 | 462222  
|7/28/2010  | 0.004  | 0.0043 | 0.004  | 0.0043 | 400000  
|7/29/2010  | 0.0029 | 0.0043 | 0.0029 | 0.004  | 356000  
|7/30/2010  | 0.0036 | 0.0043 | 0.0036 | 0.0043 | 161001  
|8/2/2010   | 0.0043 | 0.0043 | 0.0029 | 0.0037 | 1563881 
|8/3/2010   | 0.004  | 0.004  | 0.0032 | 0.004  | 1240909 
|8/4/2010   | 0.0039 | 0.0039 | 0.0032 | 0.0032 | 1365000 
|8/5/2010   | 0.0032 | 0.0035 | 0.0028 | 0.0031 | 1887142 
|8/6/2010   | 0.0033 | 0.0034 | 0.0026 | 0.0034 | 2577454 
|8/9/2010   | 0.0026 | 0.0037 | 0.0026 | 0.0037 | 149200  
|8/10/2010  | 0.0037 | 0.0037 | 0.0028 | 0.0037 | 1392149 
|8/11/2010  | 0.0039 | 0.0042 | 0.0033 | 0.0041 | 2513855 
|8/12/2010  | 0.0041 | 0.0058 | 0.004  | 0.0053 | 3184826 
|8/13/2010  | 0.0055 | 0.0055 | 0.004  | 0.0041 | 3038397 
|8/16/2010  | 0.0042 | 0.0046 | 0.004  | 0.0044 | 1925953 
|8/17/2010  | 0.0043 | 0.0043 | 0.0035 | 0.0036 | 1023106 
|8/18/2010  | 0.0036 | 0.0036 | 0.0035 | 0.0035 | 698931  
|8/19/2010  | 0.0035 | 0.0035 | 0.0033 | 0.0034 | 626855  
|8/20/2010  | 0.0034 | 0.0048 | 0.0034 | 0.0042 | 4248253 
|8/23/2010  | 0.0031 | 0.004  | 0.0031 | 0.0031 | 1574651 
|8/24/2010  | 0.0035 | 0.0035 | 0.0035 | 0.0035 | 60000   
|8/25/2010  | 0.0037 | 0.0037 | 0.0031 | 0.0037 | 623018  
|8/26/2010  | 0.0036 | 0.0039 | 0.0036 | 0.0036 | 623020  
|8/27/2010  | 0.0031 | 0.0038 | 0.0023 | 0.0034 | 2050549 
|8/30/2010  | 0.0032 | 0.0032 | 0.0027 | 0.0032 | 175543  
|8/31/2010  | 0.0028 | 0.0032 | 0.0025 | 0.0032 | 393750  
|9/1/2010   | 0.0032 | 0.0032 | 0.0032 | 0.0032 | 120000  
|9/2/2010   | 0.003  | 0.003  | 0.0026 | 0.0026 | 577000  
|9/3/2010   | 0.0028 | 0.0034 | 0.0028 | 0.0034 | 816683  
|9/7/2010   | 0.0035 | 0.0038 | 0.0031 | 0.0036 | 574550  
|9/8/2010   | 0.003  | 0.0035 | 0.0026 | 0.0035 | 258000  
|9/9/2010   | 0.0035 | 0.0035 | 0.0035 | 0.0035 | 10000   
|9/10/2010  | 0.0035 | 0.0035 | 0.0035 | 0.0035 | 0       
|9/13/2010  | 0.0028 | 0.0033 | 0.0028 | 0.0033 | 33000   
|9/14/2010  | 0.0033 | 0.0033 | 0.0033 | 0.0033 | 1925    
|9/15/2010  | 0.0029 | 0.0032 | 0.0028 | 0.0029 | 207790  
|9/16/2010  | 0.0028 | 0.0032 | 0.0028 | 0.003  | 3273218 
|9/17/2010  | 0.003  | 0.003  | 0.0027 | 0.003  | 6332485 
|9/20/2010  | 0.0026 | 0.0033 | 0.0022 | 0.003  | 245200  
|9/21/2010  | 0.0027 | 0.0032 | 0.0027 | 0.0032 | 351000  
|9/22/2010  | 0.0032 | 0.0032 | 0.0032 | 0.0032 | 0       
|9/23/2010  | 0.0031 | 0.0031 | 0.0028 | 0.0028 | 238315  
|9/24/2010  | 0.0028 | 0.0031 | 0.0028 | 0.0028 | 83157   
|9/27/2010  | 0.0028 | 0.003  | 0.0028 | 0.0029 | 529813  
|9/28/2010  | 0.0029 | 0.0029 | 0.0026 | 0.0026 | 398000  
|9/29/2010  | 0.0022 | 0.003  | 0.0022 | 0.0027 | 431300  
|9/30/2010  | 0.0027 | 0.0027 | 0.0022 | 0.0025 | 488130  
|10/1/2010  | 0.0025 | 0.0025 | 0.0024 | 0.0025 | 1194000 
|10/4/2010  | 0.0022 | 0.0025 | 0.0022 | 0.0023 | 337429  
|10/5/2010  | 0.0024 | 0.0035 | 0.0023 | 0.0035 | 31799254
|10/6/2010  | 0.0034 | 0.0035 | 0.0033 | 0.0033 | 704744  
|10/7/2010  | 0.0034 | 0.0034 | 0.003  | 0.0034 | 167834  
|10/8/2010  | 0.003  | 0.0034 | 0.003  | 0.0034 | 92000   
|10/11/2010 | 0.0025 | 0.0032 | 0.0023 | 0.0032 | 185000  
|10/12/2010 | 0.0023 | 0.0032 | 0.0023 | 0.003  | 300800  
|10/13/2010 | 0.003  | 0.0035 | 0.003  | 0.0035 | 423000  
|10/14/2010 | 0.0035 | 0.0039 | 0.0035 | 0.0037 | 424713  
|10/15/2010 | 0.0037 | 0.0038 | 0.0037 | 0.0038 | 68000   
|10/18/2010 | 0.0028 | 0.0038 | 0.0026 | 0.0036 | 1385000 
|10/19/2010 | 0.0034 | 0.0034 | 0.0034 | 0.0034 | 27432   
|10/20/2010 | 0.0034 | 0.0034 | 0.0034 | 0.0034 | 0       
|10/21/2010 | 0.003  | 0.0033 | 0.0026 | 0.003  | 1311911 
|10/22/2010 | 0.003  | 0.003  | 0.003  | 0.003  | 0       
|10/25/2010 | 0.0026 | 0.0034 | 0.0026 | 0.0034 | 312666  
|10/26/2010 | 0.0037 | 0.0037 | 0.003  | 0.0035 | 538723  
|10/27/2010 | 0.0037 | 0.0038 | 0.0037 | 0.0038 | 156485  
|10/28/2010 | 0.0038 | 0.0039 | 0.0022 | 0.0038 | 491364  
|10/29/2010 | 0.003  | 0.0039 | 0.0023 | 0.0037 | 781430  
|11/1/2010  | 0.0025 | 0.0037 | 0.002  | 0.0037 | 346100  
|11/2/2010  | 0.0033 | 0.0037 | 0.0033 | 0.0036 | 755900  
|11/3/2010  | 0.0036 | 0.0038 | 0.0035 | 0.0035 | 530000  
|11/4/2010  | 0.0026 | 0.0035 | 0.0026 | 0.003  | 140100  
|11/5/2010  | 0.0034 | 0.0034 | 0.0034 | 0.0034 | 115000  
|11/8/2010  | 0.0035 | 0.0035 | 0.0026 | 0.0034 | 414500  
|11/9/2010  | 0.0026 | 0.0035 | 0.0026 | 0.0035 | 119600  
|11/10/2010 | 0.0035 | 0.0035 | 0.0035 | 0.0035 | 0       
|11/11/2010 | 0.0035 | 0.0035 | 0.0035 | 0.0035 | 0       
|11/12/2010 | 0.0035 | 0.0035 | 0.0035 | 0.0035 | 0       
|11/15/2010 | 0.0033 | 0.004  | 0.0033 | 0.004  | 300267  
|11/16/2010 | 0.004  | 0.004  | 0.004  | 0.004  | 225000  
|11/17/2010 | 0.004  | 0.004  | 0.0035 | 0.0039 | 574100  
|11/18/2010 | 0.0039 | 0.0039 | 0.0039 | 0.0039 | 203646  
|11/19/2010 | 0.0036 | 0.0039 | 0.0036 | 0.0039 | 12036500
|11/22/2010 | 0.0039 | 0.0039 | 0.0039 | 0.0039 | 5000    
|11/23/2010 | 0.0035 | 0.0041 | 0.0035 | 0.0041 | 152435  
|11/24/2010 | 0.004  | 0.0045 | 0.0038 | 0.004  | 865244  
|11/26/2010 | 0.004  | 0.0044 | 0.004  | 0.0042 | 113999  
|11/29/2010 | 0.0028 | 0.0045 | 0.0028 | 0.0045 | 37998   
|11/30/2010 | 0.0044 | 0.0044 | 0.0044 | 0.0044 | 19997   
|12/1/2010  | 0.0043 | 0.0043 | 0.004  | 0.004  | 180999  
|12/2/2010  | 0.004  | 0.004  | 0.004  | 0.004  | 2500    
|12/3/2010  | 0.0042 | 0.0042 | 0.004  | 0.004  | 14346   
|12/6/2010  | 0.0037 | 0.0046 | 0.0036 | 0.0044 | 295000  
|12/7/2010  | 0.003  | 0.0044 | 0.003  | 0.0044 | 172000  
|12/8/2010  | 0.0044 | 0.0045 | 0.004  | 0.0045 | 528500  
|12/9/2010  | 0.0044 | 0.0048 | 0.004  | 0.0045 | 861153  
|12/10/2010 | 0.0041 | 0.0048 | 0.004  | 0.0048 | 786998  
|12/13/2010 | 0.0031 | 0.0046 | 0.002  | 0.0044 | 77500   
|12/14/2010 | 0.0046 | 0.0046 | 0.0027 | 0.004  | 203097  
|12/15/2010 | 0.0046 | 0.0046 | 0.0046 | 0.0046 | 142500  
|12/16/2010 | 0.0046 | 0.0046 | 0.003  | 0.0046 | 34497   
|12/17/2010 | 0.0031 | 0.004  | 0.0022 | 0.004  | 332734  
|12/20/2010 | 0.0044 | 0.0044 | 0.0026 | 0.0026 | 11392132
|12/21/2010 | 0.0045 | 0.0045 | 0.0026 | 0.004  | 177995  
|12/22/2010 | 0.004  | 0.0048 | 0.0027 | 0.0043 | 1987599 
|12/23/2010 | 0.003  | 0.0047 | 0.003  | 0.0047 | 154499  
|12/27/2010 | 0.0048 | 0.0048 | 0.0045 | 0.0045 | 137379  
|12/28/2010 | 0.0036 | 0.0048 | 0.0035 | 0.0048 | 749583  
|12/29/2010 | 0.0048 | 0.0048 | 0.0037 | 0.0045 | 558797  
|12/30/2010 | 0.0045 | 0.0047 | 0.004  | 0.0047 | 349998  
|12/31/2010 | 0.0048 | 0.0048 | 0.0048 | 0.0048 | 488000  

During the times material to this annual report, the
Company had approximately 852 shareholders with share certificates.  An
additional number of shareholders maintained shares through the nominee name of
Cede & Company, which is the name for shares held by the Depository
Trust and Clearing Corporation.  The Company believes that
approximately 600 persons held shares under the nominee name at any
given time during fiscal year 2008.  As such, the Company estimates
that it had between 1200 and 1500 shareholders during the material times. 
Thenumber of shareholders changes as people buyand sell the stock on the open market.

The Company does not issue any cash dividends at the
present time and it does not anticipate the payment of cash dividends in the
future.  There are not and were not equity compensation plans
in place during the fiscal year 2010.There are no securities to be
issued upon the exercise of outstanding options, warrants and rights.

6






**ITEM
6.****SELECTED FINANCIAL
DATA**

As a smaller reporting company,
we are not required to provide the information required by Item 301 of
Regulation S-K.

**ITEM 7.****MANAGEMENT'S DISCUSSION AND ANALYSIS
OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.**During fiscal year 2010, the Company's
primary operation involved loaning money to its close affiliates that its
controlling shareholder loaned the Company.  The intention of the
loans are to provide start-up capital to enable the enterprises to develop a
business plan and seek funding through the filing a registration
statement.  The Company was past due with its annual reports during
the material times and this could result in the Securities and Exchange
Commission choosing to take action to deregister the Company or otherwise
penalize the Company.  Unless the Company can locate business opportunities
that can be funded, it most likely cannot continue as a going concern. 
This means that investors could lose all of their money that they invested into
the stock.  The Company had no operations, and this presents a dangerous
situation to investors.

**ITEM 8.****FINANCIAL STATEMENTS AND SUPPLEMENTARY
DATA**

See the attached Exhibits and Annexes consisting of
the financial statements and notes thereto.

**ITEM 9.****CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON
ACCOUNTING AND FINANCIAL DISCLOSURE**

From 1998 through 2008, the Company was dormant. 
We did not perform the necessary audits in a timely manner.  Our prior
auditor, Arthur Andersen LLP, no longer operates and has not operated for
several years.  We have attempted to obtain records from Arthur
Andersen's successor, but have not been successful. Specifically, they
ignored written and electronic demands.  Because ofthis,and since some of our
future business activity would occur in Nicaragua, in early 2010, we retained
Berman W. Martinez yAsociados, of Managua, Nicaragua.  BWMA is registered with
the Public Company Accounting Oversight Board.

There have been no disagreements with BWMA as to the
financial statements and notes thereto contained herein.

**ITEM9A(****T).  CONTROLS AND PROCEDURES**

During the time period of this report, the Company
primarily engaged in loaning money to its associated
enterprises.  The Company believes it engaged in adequate
internal controls during 2010 by retaining bank records, copies of loan
documents, and copies of public records that verify its transactions. 
Present management believes that the internal controls in effect during 2010
were effective.

This annual report does not include an attestation
report of the company's registered public accounting firm regarding internal
control over financial reporting. During the fiscal year that is the subject of
this report, management's report was not subject to attestation by the company's
registered public accounting firm pursuant to temporary rules of the Securities
and Exchange Commission that permit the company to provide only management's
report in this annual report.

There were no changes to internal control over financial
reporting during this fiscal year.

**ITEM 9B.****OTHER INFORMATION**

Because it was not a
material event, we did not disclose a stock transaction that resulted in a loss
to us in April, 2010.  However, we determined it was appropriate to
disclose an investment that resulted in a loss to us.  While the loss is
contained within the financial statements, because we held the investment for
such a short period of time, it is disclosed nowhere else in the reports. 
Specifically, on April 21,2010, we purchased 25,000 shares of Big
Bear Mining, Inc., a stock that trades on the Over the Counter Bulletin Board
using the symbol BGBR.  We paid $1.66 per share for a total investment of
$41,500.  Shortly thereafter, we witnessed excessive promotional activity
by purported third parties of the stock.  This caused us to take a second
look at the investment.  On April 29, 2010, our executives determined
that the share structure appeared to be designed so that affiliated parties may
achieve profits through the overwhelming promotional activities where
third-parties paid in the six figure range to promote the stock.  A
decision was made to immediately sell the stock regardless of potential
losses.  We executed several small trades on April 29, 2010, selling all
25,000 shares of BGBR at a loss of approximately $11,500.  We believe that
affiliates of BGBR and its stock promoters committed a massive fraud on the
public and that this fraud may be continuing.  We are currently conducting
an investigation to gather more information about the trading activities of
BGBR's affiliates and will determine whether to take legal
action against the affiliates of BGBR and certain stock promoters.

During 2010, the
Company did file certain reports with the Securities and Exchange
Commission that informed shareholders of the current activities of the
Company. Below is a summary of the reports that were filed to enable the
shareholders to understand the activities of the Company:

On January 5, 2010,
we filed a Form 3 to notify shareholders that we bought back 188,681 shares of
ACDU on the open market.  We paid approximately .007 for the shares.

On January 6, 2010,
we announced via SEC Form 8-K that we received information from FINRA that the
Company's request to change its name and symbol was approved and that a new
symbol would be issued shortly.

On January 11, 2010,
we filed a Form 4 announcing that we purchased 100,000 shares of ACDU on the
open market for $.009.  On January 13, 2010, we announced through a Form 4
that we accumulated another 100,000 shares of ACDU at .008.  Finally, on
February 24, 2010, we disclosed that we purchased 500,000 shares of ACDU at an
average price of $.0061.  We noted that the total amount of shares that we
purchased on the open market was 888,681.  When we purchase shares on the
open market, we do so pursuant to SEC Rule 10b-18. We purchased the shares with
over one hour remaining before the market closed. We did not exceed the higher
of the highest independent bid. We only used one broker to place the order,
being OptionsXpress.  As of the end of 2010, we continued to
hold the shares in our account at OptionsXpress.

On February 26, 2010,
we announced, through a Form 8-K filing, the retention of Berman W. Martinez y
Asociados, a PCAOB registered accounting firm, located in Managua,
Nicaragua, as its auditor effective immediately.  Berman W. Martinez y
Asociados will audit certain past and present financial statements
issued by the Company and render its opinion relating to the same.

On March 22, 2010, we disclosed on a Form
10-K that on March 16, 2010, temporarily suspended the position of
advisory director for Richwood Eco Ventures, Inc., which was held by
Anker Struve.  Mr. Struve suffered a stroke in the early part of March
2010.  Gertzen Pérez Martínez, who
is not related to our auditor, was placed into the position of Vice President
and Acting President of Richwood Eco Ventures Inc.  Mr. Perez agreed to act
without compensation.  Subsequent to the issuing of the 8-K, Mr. Perez
resigned from his position with Richwood to enable him to accept a position with
another entity.  From that period on, AccreditedBiz itself
acted as manager of Richwood Eco Ventures.

ACDU owned certain
guaranteed notes owed by Lehman Brothers.  On March 30, 2010, we informed
our shareholders via SEC Form 10-K that, on March 15, 2010, Lehman Brothers
submitted a proposed bankruptcy reorganization plan.  In that plan, it
proposed an extremely unusual scheme whereby holders of the subordinate notes
would receive their payout as an unsecured creditor, but the funds would then be
transferred to the holders of senior unsecured notes and bonds.  The only
way for a Capital Trust stakeholder to receive any money would be for the senior
notes to be paid in full at 100% of their face value during the liquidation
process.  Only at that time would Capital Trust note holders receive any
form of payment.  (Usually, in a bankruptcy proceeding, the Senior Note
holders do receive a higher payout and the subordinate notes receive a lower
payout, and we factored that in when we made our original investment
decision).  Our interpretation of the plain language of the guarantee is
that if the payment from the bankruptcy liquidation would fall short of
reimbursement to the Capital Trust noteholders, they would then be
able to make a claim under the guarantee.  However, the trustee for the
Capital Trusts did not appear to have lodged a claim on this basis and only
claimed the face value of the notes as debt.  To verify the lack of a
visible claim based on the guarantee, ACDU contacted the trustee for the Capital
Trusts on March 16, 2010.  On March 29, 2010, the trustee for the Capital
Trusts replied that their legal counsel determined that the guarantee would only
provide rights in the event a recovery is realized.  ACDU vehemently
disagrees with this position.  The plain language of the guarantee appears
to make it clear that the Capital Trust noteholders should be
treated like an ordinary unsecured creditor under the guarantee eliminating the
results of the so-called subordination within the contract.  Two options
existed to enforce rights under the guarantee.  First, ACDU could file a
claim based on the guarantee.  But the time period for doing so expired and
the Company would have needed to retain legal counsel to obtain a waiver of the
deadlines for investors who bought the Capital Trust shares on the open market
after the claims period expired.  Second, ACDU could have made a demand on
the trustee to seek assistance from the Court to extend the deadline and then
submit a claim on behalf of the trust.  Pursuant to the terms of the trust,
any holder of a Capital Trust share can make a demand on the trustee and if the
trustee refuses, they can act on behalf of their own interests.  In
discussing the matter with legal counsel, ACDU determined that the legal fees
involved in an adversary proceeding against Bank of New York Mellon, the trustee
for the Capital Trusts, and for relief, would be expensive and could take
several years if the matter resulted in appellate proceedings. Therefore, ACDU
made the decision to sell its Capital Trust shares on the open market at a loss
of approximately 10% from its original investment.  The company liquidated
all of its Capital Trust shares on March 29 and March 30, 2010, and realized
approximately $72,000.00 in cash.

On March 31, 2010, we filed an SEC Form NT-10K to
notify shareholders that the Company would be late with its 2008 and 2009 annual
reports.

On April 15, 2010, we lodged an SEC Form 8-K to
announce that our affiliate, Envirocare Corp., terminated its
negotiations with Green World Crete Inc. relating to a potential joint venture
in Nicaragua to build a plant to produce environmentally friendly building
materials.  The Company determined that it could not move forward with the
venture due to the criminal history of Green World Crete's affiliates and the
lack of an established product.  Specifically, the Company's background
investigation of Green World Crete revealed that Daniel Panitz was
convicted of fraud while living in New York.  In addition, federal agencies
have barred Mr. Panitz from acting as a service provider in certain
areas.  Because of this, the Company's funding sources determined that it
would be prudent to locate a different source of non or reduced
Portland based cement.

On April 23, 2010, we
filed our annual report for the year 2000.  On May 10, 2010, we filed the
annual reports for 2001 and 2002.  On May 12, 2010, we filed the annual
reports for years 2003, 2004, 2005, and 2006.  On June 15, 2010, we filed
our annual report for year 2007.  The annual reports showed the Company had
zero assets, zero business, and zero known debt during these time periods. 
Rather, it was an empty shell after it emerged from bankruptcy in 1998 until
late 2008 when My Pleasure Ltd. purchased control of the Company.

On July 27, 2010, the
Company announced that it chose Security Stock Transfer, Inc., as the stock
transfer agent for its affiliated companies.  While Security Stock Transfer
was chosen for the affiliated enterprises, we made it clear that we would
continue to use Action Stock Transfer as our transfer agent.

On August 16, 2010,
the Company disclosed on an SEC Form 8-K that Hiland Terrace Corp.
("HTC"), a Pennsylvania corporation, purchased a small motel and business
complex in Western Pennsylvania along with 1.6 acres of land.  Although
completely independent from Accredited Business Consolidators Corp., the
property houses certain businesses that we rely upon in the normal course of
business.  In late 2009, AccreditedBiz learned of the purchase
of the land by HTC.  We entered into an agreement with HTC to purchase
slightly less than 10% of its outstanding stock.  In connection with the
purchase of stock, we agreed to provide business consulting services to
HTC.   The Company's officers also made loans from their personal
accounts to HTC.    AccreditedBiz' consultations
with HTC included a suggestion that management take HTC public through a
registration statement filed with the Securities and Exchange Commission. 
AccreditedBiz believed that, with the proper registration
statement, HTC could raise between $250,000 to $1,000,000 for the
purpose of paying off $90,000 in back property taxes, paying off a $50,000
mortgage, installing between 10 and 15 new rooms, and building an additional
business outlet on the premises.   To date, HTC failed to provide the
proper documentation to AccreditedBiz for it to assist the Company
with the plans to sell and equity interest via stock offering.  Moreover,
the failure to pay the past property taxes that the Company inherited has
resulted in a potential tax sale against the property.   To protect
the loans and contracts made by the AccreditedBiz officers and a
third-party, it was decided that an involuntary petition under Chapter 7 of the
Bankruptcy Code would be filed against HTC.  AccreditedBiz may
or may not join the petition.    The officers and
AccreditedBiz believe that Chapter 7 proceedings will provide an
opportunity to protect the assets of HTC and for the Company to reorganize
whether through a payment plan of its debt or through a public offering. HTC, if
it did not have the issues with the inherited property taxes, would be a
profitable entity.  With funds to remodel the premises, a modern business
establishment could be built on the location. The bankruptcy filing against
HTC will not have a material effect on any of our operations.  However,
since we own a non-controlling interest in the entity, we believe that the event
should be reported to shareholders.  AccreditedBiz will work
with HTC management if they promptly advise us that they would entertain a
proper course of action.

On September 3, 2010,
we advised on an SEC Form 8-K that the Company has received information from
several shareholders that there is a rumor being sent via private messages on
stock talk bulletin boards that we are in the process of filing a petition for
protection under the bankruptcy statutes.  There is no basis for this
rumor.  On the contrary, the Company's primary debt is owed to the
preferred shareholder, My Pleasure Ltd.  The Company's debt to unrelated
parties is negligible and non-material.   Investors are cautioned not
to trade stocks on the basis of messages, whether public or private, on stock
bulletin boards.  Many investors who post on the boards do not reveal their
true intentions.  They may be stating that they think an investment is good
while they are selling their stock.  Similarly, they may be convincing
others to discard their shares while they are buying.  This type of
behavior is known as "scalping" and may violate securities fraud statutes. 
Shareholders need to keep in mind that all shares that are purchased on the open
market are from third parties and not from the Company.  We are under a
share issuance moratorium until at least March 2011 and will not be issuing
shares.    It is possible that the person spreading this rumor is
referring to our filing of August 16, 2010, with the Securities and Exchange
Commission advising shareholders that certain affiliates of our company filed an
involuntary petition for bankruptcy against Hiland Terrace
Corp.  This petition was filed against a company that we own slightly less
than 10 percent of the outstanding shares.  The purpose of the filing is to
force Hiland Terrace Corp. to address their debt problems so that
they do not lose their property.   Shareholders needs to understand
that our subsidiaries and the companies we invested in are structured to be
separate from the parent entity.  Some of the companies we invest in may be
in need of capital and might not ultimately be successful.  A liquidation
of a subsidiary or company we invest in does not mean that
AccreditedBiz itself would be in danger of liquidation.  
The Company continues to move forward with its business plans.  We have
been more conservative with the release of information because potential
business relationships have been damaged because of third parties using the
information we release to contact the entities we are in negotiations
with.  This does not mean we will not release material information as
required by the appropriate regulations.

On October 15, 2010,
we lodged an SEC Form 8-K advising shareholders that the bankruptcy petition
against Hiland Terrace Corp. was voluntarily dismissed by the
persons affiliated with ACDU.On December 21, 2010, we filed our
quarterly report for the third quarter of 2010.

7






**PART III**

**ITEM 10.DIRECTORS, EXECUTIVE OFFICERS, AND CORPORATE
GOVERNANCE**

During 2010, the Company's sole director was Joanna
Chmielewska.  She also acted as the Company's President.  Ms.Chmielewskawas born in Poland in 1979 and
presently resides in the United Kingdom and elsewhere.  Ms.Chmielewskahas extensive experience
managing sales programs and overseeing large businesses.  Our Vice
President is Andy William who currently resides in Nicaragua and is
overseeing our integration into Central America.

Our principal shareholder is My Pleasure Ltd., a United
Kingdom investment group.  JoannaChmielewskais an officer of My Pleasure Ltd. in addition to being
the sole officer here.  It should be clear that this presents a conflict of
interest and that Ms.Chmielewskamay take
actions that benefit My Pleasure Ltd.

Audit Committee and Audit Committee Financial Expert:
Our Board of Directors did not have an Audit Committee and does not have an
Audit Committee Financial Expert.   The Board of Directors
essentiallyformthe audit
committee.

Compensation Committee: Our Board of Directors did not
have a Compensation Committee.

Section 16(a) Beneficial Reporting Compliance: Section
16(a) of the Securities Exchange Act of 1934, as amended, requires the Company's
directors and executive officers, and persons who own more than 10% of a
registered class of our equity securities, to file with the SEC initial reports
of ownership and reports of changes in ownership of common stock and other of
our equity securities. These insiders are required by SEC regulations to furnish
us with copies of all Section 16(a) forms they file, including Forms 3, 4 and 5.
On October 23, 2008, we filed a Form 3 indicating that My Pleasure Ltd.
purchased shares of the Company on October 17, 2008.

Code of Ethics: We have not yet adopted a Code of Ethics
for our executive officers. However, current managementareaware that a duty exists
for the executive staff to bring value to the shareholders of this
Company.

**ITEM 11.****EXECUTIVE COMPENSATION**

During fiscal year 2010, our executives did not receive
compensation from us.  Neither JoannaChmielewskanor Andy William will be collecting a regular
salary until the Company achieves certain goals such as maintaining an
interest in an affiliated company that creates sufficient cash flow. 
 No shares, options, or warrants were issued to officers or
directors during the fiscal year.  However, it is noted that My Pleasure
Ltd. purchased control of this Company in October 2008 through the issuance of
shares to it.  The Company does not consider this to be compensation from
the Company as My Pleasure Ltd. paid for the shares.  It is noted that My
Pleasure Ltd. is not an officer of the Company, however, its President, JoannaChmielewska, is also the President
here.

8






**ITEM 12.****SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS
AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS**

The following table sets forth as of
the date of this report, certain information with respect to the beneficial
ownership of our voting securities by (i) each person or group owning more
than 5% of the Companys securities, (ii) each director, (iii) each executive
officer and(iv) allexecutive officers and directors as a
group. The information presented in the table is based on 436,399,566
common shares and 500,000,000 preferred shares with the same voting rights
as the common shares in existence as of December 31, 2010.

|Name and            |  |          |  | Amount and           |  |            | 
|------------------- |  | -------- |  | -------------------- |  | ---------- | 
|Address of          |  | Title of |  | Nature of
Beneficial |  | Percent of | 
|Beneficial Owner(1) |  | Class    |  | Ownership            |  | Class      | 
|                    | 
|                    | 
|                    |  |          |  |                      |  |            | 
|                    |  |          |  |                      |  |            | 

My Pleasure Ltd., controlling
shareholder, a United Kingdom company managed by JoannaChmielewska,
President ofAccreditedBizPreferred
Stock                 
5,000,000 or                        
53%                                                                                                                                                                               500,000,000postsplit

All officers, directors, and control
persons as a
group                                                           Preferred
Stock                   5,000,000
or                                                                                                                                                                               500,300,000postsplit53%

Except
as otherwise indicated each person has the sole power to vote and dispose of all
shares of common stock listed opposite his name. Each person is deemed to own
beneficially shares of common stock which are issuable upon exercise or warrants
or options or upon conversion of convertible securities if they are exercisable
or convertible within 60 days of the date of this report.

**ITEM 13.CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS,
AND DIRECTOR INDEPENDENCE**

Related Transactions:  During the fiscal
year 2010, the Company received various loans from My Pleasure Ltd. 
My Pleasure Ltd. is the controlling shareholder.  These loans are
considered related-party transactions.  Similarly, the Company made loans
to various companies and enterprises.  Each of these loans is considered a
related party transaction because we are affiliated with the companies that
received the funding.  Because of the affiliation and related party status,
we may have overlooked certain facts that an ordinary lender would consider such
as the length of time the business existed and its revenues.  Because our
loans were meant to help the companies start up, they may be considered
extremely high risk lending.Director Independence:   The
Company does not believe we have any independent directors under the definition
of independent director set forth in the Rules of NASDAQ, Marketplace Rule
4200(a)(15).  We note
that we no longer trade on the NASDAQ market and are presently trading on the
over-the-counter market.  As such, we are not required to comply with
NASDAQ Marketplace Rules.

During 2010, JoannaChmielewskawas the sole director of the Company.  Ms.Chmielewskawas also the President of our
controlling shareholder, My Pleasure Ltd.  We do not assert that Ms.Chmielewskawas independent within the
meaning of Regulation S-K or any other definition.

9






**ITEM 14.****PRINCIPAL ACCOUNTING FEES AND
SERVICES**

AUDIT FEES:

The following lists fees billed by Berman W. Martinez yAsociados, current auditors
for the Company, for the years ended December 31, 2010 and 2009.:

|                   |  | 2010 |        | 2009 |  
|------------------ |  | ---- | ------ | ---- | -
|Audit Fees         |  | $    | 750.00 |      | $
|Audit Related Fees |  |      | -      |      |  
|Tax Fees           |  |      | -      |      |  
|All Other Fees     |  |      | -      |      |  



AUDIT COMMITTEE APPROVAL POLICIES AND PROCEDURES

Presently, the board of directors acts as the Company's
Audit Committee.  The present Audit Committee does not have a
financial expert serving on its committee at this time due to the size and
nature of the Company. All audit and non-audit services were obtained after the
fiscal year in question, and were approved by the Audit Committee, which
consists of the members of the board of directors which considers, among other
things, the possible effect of the performance of such services on the auditors'
independence. The Audit Committee approves the annual engagement of the
principal independent registered public accounting firm, including the
performance of the annual audit and quarterly reviews for the subsequent fiscal
year, and approves specific engagements for tax services performed by such firm.
The Audit Committee has also established policies and procedures for certain
enumerated audit and audit related services performed pursuant to the annual
engagement agreement, including services associated with SEC filings
approved by the Board of Directors; review of periodic reports and other
documents filed with the SEC or other documents issued in connection with
filings, such as comfort letters and consents; assistance in responding to any
SEC comment letters, if any; and consultations with such firm as to the
accounting or disclosure treatment of transactions or events and the actual or
potential impact of final or proposed rules, standards or interpretations by the
SEC, Public Company Accounting Oversight Board (PCAOB), Financial Accounting
Standards Board (FASB), or other regulatory or standard-setting bodies. The
Audit Committee is informed of each service performed pursuant to its policies
and procedures. The Audit Committee has considered the role
of Berman W. Martinez yAsociadosin providing services to us for the fiscal year
ended December 31, 2010 and has concluded that such services are compatible with
such firm's independence.

10






**PART IV**

**ITEM 15**

**EXHIBITS, FINANCIAL STATEMENTS, AND
SCHEDULES**

See below for the financial statements and
exhibits.  The prior filings with the Securities and Exchange Commission
are discussed above.

**ACCREDITED BUSINESS
CONSOLIDATORS CORP.**

**SIGNATURES**

Pursuant to the requirements of Sections 13 or
15(d) of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned thereunto duly
authorized.



|                    | Accredited Business Consolidators
Corp.
|------------------- | ---------------------------------------
|                    |                                        
|Date:April
14, 2011 | /s/ JoannaChmielewska                  
|                    | JoannaChmielewska                      
|                    | President and Chief Financial
Officer  



EXHIBIT

**Berman W. Martinez y
Asociados****Contadores Publicos
Autorizados**



Managua,
April 11, 2011

Report of Independent
Auditors



To
Members of the Board ACCREDITED BUSINESS CONSOLIDATORS CORP.



We
have audited the accompanying consolidated balance sheet of ACCREDITED BUSINESS CONSOLIDATORSas ofDecember 31, 2010 and the related statements of income,
statement of changes in equity and cash flows for the year ended December 31,
2010 and a summary of significant accounting policies and other explanatory
notes.



Responsibility
for administration of the financial statements



The
administration of ACCREDITED BUSINESS CONSOLIDATORS CORP.is responsible
for the preparation and fair presentation of financial statements in accordance
with International Accounting Standards (IAS`s) issued by
the International Federation of Accountants (The International Federation of
Accountants IFAC). This responsibility includes: designing, implementing and
maintaining internal control relevant to the preparation and submission of
financial statement, which do not contain significant errors, whether due to
fraud or error, as well as selecting and applying appropriate accounting
policies and making accounting estimates that are reasonable in the
circumstances.



Auditor
liability



Our
responsibility is to express an opinion on the financial statements taken as a
whole. We conducted our audit in accordance with the rules of the Public Company
Accounting Oversight Board (PCAOB) in the United States. These standards require
that we comply with ethical requirements and plan and perform the audit to
obtain reasonable assurance about whether the financial statements are presented
without misstatement.



An
audit involves using procedures to obtain audit evidence about the amounts and
disclosures in the financial statements mentioned. The procedures selected
depend on the auditor's opinion, including assessment of the risks that this
statement misstatement, whether due to fraud or error. In conducting risk
assessments, the auditor considers internal controls relevant to the preparation
and fair presentation of ACCREDITED BUSINESS CONSOLIDATORS CORP.
Financial statements, to design audit procedures that are appropriate in the
circumstances, but not with the purpose of expressing an opinion on the
effectiveness of internal controls of ACCREDITED BUSINESS CONSOLIDATORS
CORP. An audit also includes evaluating the appropriateness of accounting
policies used and the reasonableness of accounting estimates made by management,
as well as evaluating the overall presentation of the financial statements and
its explanatory notes.



We
believe that the audit evidence obtained is sufficient and appropriate to
provide a basis for our opinion. We have also evaluated the accompanying
financial statements, notes and annexes ACCREDITED BUSINESS CONSOLIDATORS
CORP. as of December 31, 2010.



Our
audit was conducted for the purpose of expressing an opinion on the financial
statements attached. The information presented in Annexes I to IV, are presented
for purposes of additional analysis and is not a required part of the financial
statements, such information has been subjected to the auditing procedures
applied to financial reporting and, in our opinion, presents fairly in all
material respects, in relation to the financial statements taken as a
whole.



Opinion



In
our opinion the accompanying balance sheet of ACCREDITED BUSINESS
CONSOLIDATORS CORP. as of December 31, 2010 and the related income
statement, statement of changes in equity and cash flows for the period to
December 31, 2010 and as the summary of significant accounting policies and
other explanatory notes present fairly, in all material respects, the financial
situation of ACCREDITED BUSINESS CONSOLIDATORS CORP., in accordance with
International Generally Accepted Accounting Principles.



Emphasis
on the Warning



The
financial statements have been prepared assuming the Company will continue as a
going concern. As discussed in the notes to the financial statements, the
Company has little money, minimal assets, substantial debt, and only a small
amount of revenue. This raises substantial doubt about its ability to continue
as a going concern.



The
financial statements do not include any adjustments that might result from the
outcome of this uncertainty. We also note that we relied on the representations
of the current management of ACCREDITED BUSINESS CONSOLIDATORS CORP.



It
is understood that this report is only for information and use of the management
of ACCREDITED BUSINESS CONSOLIDATORS CORP.,however, once authorized by
the Board, is a matter of public record and its distribution is not
restricted.









Berman
W. Martínez Martínez

Authorized
Public Accountant



DireccionRubenia C28 
Telefono [505] 22222198 - 22663124 Fax 22223032 Apartado:
1488   Miembro de la Camara Nicaraguense de Contadores Publicos y
Consultores






ANNEX I

ACCREDITED
BUSINESS CONSOLIDATORS CORP.BALANCE
SHEETAt
December 31, 2010Expressed
in DollarsASSETSCurrent
assets:Cash
and Bank Account      
                                         Note 5

10,966.87Bank
10,966.87Temporary
Investments (stocks)Note 6

90,029.89Industrial
Supply Co LLC
2,500.00HilandTerrace
Corp
4,200.003-101-53218
S.A
2,000.00Southeast
Banking Corp
7,763.40Soluciones
Faciles S.A
5,000.00Accredited
Business Consolidators Corp.
5,560.77AVRO-
Averion International Corp
1,601.00HDHL-
Hudson Holding Corp
22,325.00IAHL-
IAHL Corporation
38,879.72JMON-
James Monroe Capital Corp.
200.00Accounts
Receivable

47,637.78Industrial
Supply Co LLC
1,527.59Richwood
Eco Ventures Inc.
35,612.50Telecoms
Tools Inc.
2,112.00Accredited
Suppliers Corp.
2,713.95Domain
Management Inc.
1,938.90Identifier
Inc.
83.09Italian
Oven Financial Inc
137.50Italian
Oven Travel & Entertainment
137.50Italian
Oven International
137.50Italian
Oven Intellectual Property Corp.
137.50Italian
Oven Technologies Inc.
137.50Accredited
Hospitality Group, Inc
137.50Accredited
Consolidators Europe PLC
1,784.75CalichiSino
1,040.00TOTAL
ASSETS:

148,634.54LIABILITIESCurrent
liabilities:Accounts
payable

191,676.00My
Pleasure Ltd.
191,676.00Interest
payable

35,870.20My
Pleasure Ltd.
35,870.20TOTAL
LIABILITIES:                                                 
Note 7

227,546.20CAPITALStockholders'
equityAccumulated
Deficit

(228,911.66)Preferred
stock, $.0001 par value, 500,000,000 shares authorized no shares issued or
outstanding

50,000.00Common
Stock, $0.0001 par value, 450,000 ,000 shares authorized, 436,399,566
shares issued and outstanding

43,640.00Adjustments
to Shareholder's equity(deficit caused by par value previously shares
issued)

(43,640.00)Additional
paid-in Capital

100,000.00TOTAL
CAPITAL:                                                       
Note 8

(78,911.66)LIABILITIES
AND STOCKHOLDER EQUITY

148,634.54The
accompanying notes are an integral part of the financial statements.






ANNEX
II

ACCREDITED
BUSINESS CONSOLIDATORS CORP.STATEMENTS
OF OPERATIONSAt
December 31, 2010Expressed
in DollarsYear
Ended December 31, 2010.REVENUE

103,521.82Commissions
54.51Dividends
1.89Proceeds
from the sale of securities
102,837.02Interest
on loans
628.40TOTAL
INCOME

103,521.82Cost
of Sale

123,348.34Cost
of the acquired securities
123,348.34TOTAL
COST OF SALE

123,348.34EXPENDITURESGeneral
and administrative

31,810.45Office
rent
843.86Consulting
fees
264.00Internet
services
89.95Publicity
5,273.43Communications
657.00Charitable
donations
500.00Accounting
Fees
2,200.00Business
Administrative expenses
581.48Commissions
and fees paid
571.32Systems
and licenses
116.94Travel
service
92.70Bank
fees
1,452.17Interest
19,167.60Profit
(or loss) before income taxes

(51,636.97)Provision
for income taxes

0.00Profit
(or loss)

(51,636.97)The
accompanying notes are an integral part of the financial
statements.










ANNEX III

ACCREDITED
BUSINESS CONSOLIDATORS CORP.CASH
FLOW STATEMENTSAt
December 31, 2010Expressed
in DollarsYear
Ended December 31, 2010.Cash
flows from operating activities:Net
Loss
(51,636.97)Temporary
investments
0.00Adjustments
to reconcile net loss to net cash usedNote
payable issued in exchange for services
0.00Common
stock issued for services
0.00Net
accounts payable
0.00Interest
payable
18,868.20Notes
payable
25,670.50Net
cash used in operating activities
(7,098.27)Cash
flows from investing activities:Net
fixed asset acquisitionCash
flows from financing activities:Suppliers
Loan
0.00Net
Temporary Investments
(2,439.48)Brokerage
net Invest
2.15Advances
from stockholders
0.00Net
cash provided by financing activities
(2,437.33)Net
change in cash
0.00Cash
at the beginning of period
20,502.47Cash
at the end of period
10,966.87The
accompanying notes are an integral part of the financial
statements.










ANNEX
IV

ACCREDITED
BUSINESS CONSOLIDATORS CORP.STATEMENT
OF STOCKHOLDER'S EQUITYAt
December 31, 2010Expressed
in DollarsDetail
Capital
on Shares
Capital
Stock
Paid-In
Capital
Retained
Earning
Accumulated
Incomes
TotalBalance
as December 2010


150,000.00

(176,694.69)
(26,694.69)Preferred
Shares 500,000,000 authorized at $0.0001
500,000,000.00
0.0001
50,000.00Common
Shares 450,000,000 authorized at .0001
436,399,566.00
0.0001
43,640.00Comprehensive
Income:Net
Income 2009





(51,636.97)Less
par value of treasury sharesAdditional
Paid-in Capital


100,000.00Adjustments
to Shareholder's equity


(43,640.00)Balance
as December 2010
936,399,566.00

150,000.00

(176,694.69)
(78,331.66)Balance
as December 2009


150,000.00

(150,160.00)
(160.00)Preferred
Shares 500,000,000 authorized at $0.0001
500,000,000.00
0.0001
50,000.00Common
Shares (450,000,000 authorized )
436,399,600.00
0.0001
43,640.00Comprehensive
Income:Net
Income 2009





(26,534.69)Less
par value of treasury sharesAdditional
Paid-in Capital


100,000.00Adjustments
to Shareholder's equity


(43,640.00)Balance
as December 2009
936,399,600.00

150,000.00

(150,160.00)
(26,694.69)






ACCREDITED
BUSINESS CONSOLIDATORS CORP. Notes to the financial statements for the year
ended At December 31, 2010.



Note
1.Summary
of accounting policies.



The
financial statements have been prepared in accordance with accounting principles
generally accepted in the United States. In the opinion of management, all
adjustments (which include only normal recurring adjustments) necessary to
present fairly the financial position, income statement, and cash flows of the
Company for all periods presented have been made. Specifically, during the
relevant period, the company had minimal operations, a small amount of assets,
but incurred substantial debt.



1.1.Organization
and business.



Accredited
Business Consolidators Corp. (the "Company" or "Accredited") was organized in
1990 under the name Fornello USA, Inc. Accredited changed
its name to The Italian Oven, Inc., to reflect the operation of various Italian
restaurants. However, in October 1996, the company had no funds to sustain
itself, and filed for protection under Chapter 11 of Federal Bankruptcy Code,
presented a plan with the Bankruptcy Court, which is stripped of all assets,
including intellectual property, the plan provided no payment to shareholders,
but did not cancel or terminate the common shares of the company. The Bankruptcy
Court of the United States for the Western District of Pennsylvania approved the
bankruptcy plan and on 17 July 1998, the company emerged from
bankruptcy.



After
the company emerged from bankruptcy, and until 31 December 2007, the company did
not conduct any business. It had no operations or assets. Instead, it simply
remained dormant while the administration sought an opportunity for its
shareholders. The Company has no restaurants and is not affiliated with the
restaurants that bear his name.



In
late 2008, My Pleasure Ltd. bought the controlling interest of the Company with
the intent to locate business opportunities.  Since then, the Company has
been investing in small start-up enterprises and loaning them money to begin
their operations.



1.2.Basis
of presentation and the ongoing uncertainty



Certain
information and disclosures in the notes are included in financial statements
prepared in accordance with accounting principles generally accepted in the
United States have been condensed or omitted. The results of operations for the
current year are not necessarily indicative of operating results expected for
any subsequent fiscal year.



The
financial statements of the Company have been prepared assuming the Company will
continue as a going concern. However, the company has minimal assets and
insufficient working capital. These conditions, among others, give rise to
serious doubts about the ability of the company to continue as a going concern.
There is no guarantee that the measures taken by the management will meet all
the needs of the company to continue as a going concern. The accompanying
financial statements do not include any adjustments that might result from the
outcome of this uncertainty.



1.3.Management
estimates



The
preparation of financial statements in conformity with generally accepted
accounting principles requires management to make estimates and assumptions that
affect the reported amounts of assets and liabilities and disclosure of
contingent assets and liabilities at the date of the financial statements and
the reported amounts income and expenses during the reporting period. Actual
results could differ from those estimates.



Note
2.Related
party transactions.



Since
late 2008 when the majority ownership of the Company was acquired by My Pleasure
Limited of the United Kingdom, the majority of Accrediteds
funding came from My Pleasure Ltd.  This funding is considered a related
party transaction.  Similarly, with respect to the loans made by Accredited
during 2010, the funds were made to affiliated of the
Company and are considered related party transactions.  These transaction
create additional risk as the loans made and received may not meet normal
business standards and due diligence.



Note
3.Commitments
and contingencies.



At
31 December 2010, the Company is not subject to contingencies or commitments or
obligations under lease commitments.



Note
4.Going
concern.



At
31 December 2010, the Company had insufficient working capital. As such, the
accompanying financial statements have been prepared assuming the Company will
continue as a going concern. The company does not have sufficient working
capital for its planned activities, which raises substantial doubt about its
ability to continue as a going concern.  The continuation of the company as
a going concern depends on obtaining additional working capital. In addition,
the companys business model is untested and untried.  The Company invests
in high risk start-up enterprises.  The Company will rely on receiving
additional funding from My Pleasure and other enterprises in order to continue
making investments and loans.  This situation makes Accredited a company
that is suitable for investment only by for professional investors that
understand the inherent risks of a company that invests in startup enterprises.
Additionally, the Company trades in the Over-the-Counter market, a
volatile market for professional investors who understand the risks inherent in
trading stocks that lack liquidity.



Note
5.Cash
and Bank Account



The
amount of the bank account includes the following Bank account:



Account
Number
Amount38300640-8569
2,200.5838300640-8572
4,638.7738300674-0492
11.5038300674-0502
175.9638300674-0515
3,297.7438300674-0528
141.0038300674-0531
1.01OptionsXpressBrokerage
Account
500.31Total
10,966.87




Note
6.Temporary
Investments (stocks)



Temporary
investments for the year ended 31 December 2009, amount to the amount of $
90,029.89 and are composed as follows.



Temporary
Investments(Stocks)
Description
AmountIndustrial
Supply Co LLC
25%
Company' Interest
2,500.00HilandTerrace
Corp
43,639,950
common shares. 1,000,000 preferred shares
4,200.003-101-53218
S.A
25%
outstanding stock
2,000.00Southeast
Banking Corp
77634
Common Stocks
7,763.40Soluciones
Faciles S.A
25%
Ownership
5,000.00ACDU-
Accredited Business Consolidator Corp.
888,
681 common shares
5,560.77AVRO-
Averion International Corp
395.00
preferred Share
1,559.9510,
000 common shares
41.05HDHL-
Hudson Holding Corp
125,
000 Common shares
22,325.00IAHL-
IAH Corporation
167,
500 Common Shares
38,879.72JMON
- James Monroe Capital
1,
000,000 Common Share
200.00Total
90,029.89




Note
7.Liabilities.



The
Current Liabilities consist of loans made by My Pleasure Ltd. to the Company;
the Current Interest Payable contains the accrued Interest of loans from 2008
and 2009



Note
8.Capital.



In
2008, the Company issued 5,000,000 shares to My Pleasure Ltd. for $.03 per
share.  This resulted in the new shares being listed with the previously
issued and outstanding common stock.



The
additional paid in capital of $100,000 is based on the remaining $.02 per
share.



The
adjustment to the shareholder's equity of $43,640 is made to correct the deficit
caused by the par value of the shares issued prior to 2008.



On
September 29, 2009, the Company cancelled the 1,892,100 shares in the
treasury.



On
May 10, 2010, the Company deleted 34 shares that were listed as previously
having been issued. This was because the transfer agent rounded fractional
shares to the nearest whole share. One shareholder maintained 66/100th of a
share that the transfer agent listed as a whole share. After the 100 for 1
forward split that occurred in 2009, the .66 shares became 66 shares. The
transfer agent requested permission to correct the records in this regard on May
10 and we granted permission to do so and the Company granted permission.



The
Proceeds from the sale of securities comes from the sell of Lehman brother
bounds, from the Capital Trust series of K- LEHKQ, L-LEHLQ, M-LHHMQ and
N-LEHNQ.

\\



PCAOB REGISTERED



CONSENT OF
INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM



We consent to the
use, in the statement on Form 10K of Accredited Business Consolidators Corp. of
our report dated April 11, 2011, on our audit of the financial statements of
Accredited Business Consolidators Corp. as of December 31, 2010 and the
related statements of operations, stockholders' equity and cash flows for the
year ended December 31, 2010 and the reference to us under the caption
Experts.











Berman
W. Martínez Martínez

Authorized
Public AccountantManagua,
Nicaragua

April 11,
2011







\\



EXHIBIT 31.1

CERTIFICATIONS

I, JoannaChmielewska, certify that:

1. I have reviewed this Annual on Form 10-K of
Accredited Business Consolidators Corp.;

2. Based on my knowledge, this report does not contain
any untrue statement of a material fact or omit to state a material fact
necessary to make the statements made, in light of the circumstances under which
such statements were made, not misleading with respect to the period covered by
this report;

3. Based on my knowledge, the financial statements, and
other financial information included in this report, fairly present in all
material respects the financial condition, results of operations and cash flows
of the registrant as of, and for, the periods presented in this
report;

4. I am presently responsible for establishing and
maintaining disclosure controls and procedures (as defined in Exchange Act Rules
13a-15(e) and 15d-15(e)) and internal control over financial reporting (as
defined in Exchange Act Rules 13a  15(f) for the registrant and
have:

(a) Designed such disclosure controls and procedures, or
caused such disclosure controls and procedures to be designed under our
supervision, to ensure that material information relating to the registrant,
including its consolidated subsidiaries, is made known to us by others within
those entities, except that in this instance I was not an officer at the time
the data was accumulated in this report and based the information on third party
information obtained from prior officers and their legal counsel, of which I
believe to be true;

(b) Designed such internal control over financial
reporting, or caused such internal control over financial reporting to be
designed under my supervision, to provide reasonable assurance regarding the
reliability of financial reporting and the preparation of financial statements
for external purposes in accordance with generally accepted accounting
principles;

(c) Evaluated the effectiveness of the registrants
disclosure controls and procedures and presented in this report our conclusions
about the effectiveness of the disclosure controls and procedures, as of the end
of the period covered by this report based on such evaluation, but note that I
was not an officer at the time period in this report and based the information
on data received from the companys prior officers; and

(d) Disclosed in this report any change in the
registrants internal control over financial reporting that occurred during the
registrants most recent fiscal quarter that has materially affected, or is
reasonably likely to materially affect, the registrants internal control over
financial reporting; and

5. I have disclosed, based on our most recent evaluation
of internal control over financial reporting, to the registrants audit
committee of the registrants board of directors (or persons performing the
equivalent functions):

(a) All significant deficiencies and material weaknesses
in the design or operation of internal control over financial reporting which
are reasonably likely to adversely affect the registrants ability to record,
process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves
management or other employees who have a significant role in the registrants
internal control over financial reporting.



|Date:April
14, 2011 | /s/ JoannaChmielewska                
|------------------- | -------------------------------------
|                    | JoannaChmielewska                    
|                    | President and Chief Financial
Officer



EXHIBIT 32.1

CERTIFICATION PURSUANT
TO

18 U.S.C. § 1350

AS ADOPTED PURSUANT
TO

SECTION 906 OF THE SARBANES-OXLEY
ACT OF 2003

In connection with the Annual Report on Form 10-K of
Accredited Business Consolidators Corp. (the Company) for the 2008 fiscal
year, as filed with the Securities and Exchange Commission on the date hereof
(the Report), the undersigned President, and sole financial officer of the
Company, certifies, to the best of her knowledge, information, and belief of the
signatory, pursuant to 18 U.S.C. § 1350, as adopted pursuant to Section 906 of
the Sarbanes-Oxley Act of 2003 that:

(1) The Report complies with the requirements of Section
13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in the Report fairly
presents, in all material respects, the financial condition and results of
operations of the Company.

|/s/ JoannaChmielewska                 | 
|------------------------------------- | 
|President and Chief Financial
Officer | 
|Date:April
14, 2011                   |