Accredited Solutions Inc
No Longer Reporting
The company has not filed an annual or quarterly report since its Q3 FY2024 10-Q, filed Dec 5, 2024. Its latest SEC filing is a 15-12G/A from Jul 18, 2025.
10-Q for Q3 FY2024, filed Dec 5, 2024
The sections below describe the company as of the FY2023 annual report.
What Did They Do?
Sells Diamond Creek high-alkaline spring water to grocery and convenience retailers through beverage distributors and direct retail channels.
10-K for FY2023, filed Jul 16, 2024Diamond Creek High Alkaline Water is a 9.5pH high alkaline natural spring water, sourced from the highest quality, award winning springs.…View ↗
Direct Store Delivery (“DSD”) – DSD players, and regional and local distributors touch over 90% of retail chains in the US. DSDs primarily…View ↗
Direct to Retail Channel (“Warehouse Direct”) – We are targeting listings with large retail convenience store and grocery store chains…View ↗
How Did They Make Money?
Retailers and beverage distributors buy bottled Diamond Creek water; a sale counts when the product is delivered to the customer’s warehouse.
10-K for FY2023, filed Jul 16, 2024Diamond Creek High Alkaline Water is a 9.5pH high alkaline natural spring water, sourced from the highest quality, award winning springs.…View ↗
Direct Store Delivery (“DSD”) – DSD players, and regional and local distributors touch over 90% of retail chains in the US. DSDs primarily…View ↗
Direct to Retail Channel (“Warehouse Direct”) – We are targeting listings with large retail convenience store and grocery store chains…View ↗
The Company recognizes revenue when the product is delivered to the customers’ warehouse. The Company is responsible for any damaged or…View ↗
$688.9K
-
10-K for FY2023, filed Jul 16, 2024
$688.9K ↗
Who Were Their Customers?
Independent beverage distributors carry products to convenience and grocery stores; the company also negotiates directly with large retail chains, which use their own distribution systems.
10-K for FY2023, filed Jul 16, 2024
How Were They Changing?
- Net income
-
Sources
10-Q for Q3 FY2024, filed Dec 5, 2024
$4.3MView ↗
- ▲ Now profitable
- vs −$251K in Q3 FY2023
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Jul 3, 2025
Canceled the planned Globetopper acquisition
The purchase agreement and related notes and shares were rescinded and canceled, returning both parties to their prior positions.
Sources
8-K, filed Jul 3, 2025
On June 23, 2025, Accredited Solutions, Inc., a Nevada corporation (the “Company”), entered into a Mutual Rescission Agreement with Craig…View ↗
Grew. Revenue grew 2.6x in 4 years, from $260K in FY2019 to $688.9K in FY2023, about 28% a year.
From hemp beverages to alkaline water
The older report described Good Hemp CBD beverages alongside Diamond Creek water; the latest report says the company sold its Good Hemp-related assets and describes Diamond Creek alkaline water as its current product.
10-K for FY2020, filed Apr 15, 2021 10-K for FY2023, filed Jul 16, 2024
Who Did They Compete With?
Competes with The Coca-Cola and PepsiCo
10-K for FY2023, filed Jul 16, 2024Non-alcoholic beverages are among the most widely distributed food products in the world and are being sold through more than 400,000…View ↗
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