ASII executes non-binding IOI to acquire e-gift card distributor Globetopper for $3M

Accredited Solutions, Inc.

Globetopper reported $33.7M unaudited 2023 sales; projected $42.5M 2024 revenue run-rate with net income.
ASII to acquire 100% of Globetopper for $3M total valuation via a redeemable promissory note.
Payment structure: 33% cash, 33% convertible preferred stock (with lock-up/ownership limit), 33% two-year note.
Definitive agreement target within 45 days; closing within 120 days; subject to due diligence, PCAOB audits, shareholder approvals.
IOI is non-binding except for confidentiality and other binding provisions; no guarantee a final deal will result.

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