News of new CEO brings uncertainty to Accolade Global

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The news of Jack Cola's resignation brings uncertainty to Accolade Global investors around the world. What will happen to the record breaking capital investment firm now that Jack Cola has resigned from office? Some top level investors are pulling out as fast as they were putting in, sources close to the matter say.

New York City, New York, United States., January 20, 2013 - (PressReleasePoint) - Accolade Global/By: Centel Media.

In an early morning meeting at the Wilmington, Delaware offices of Accolade Global, Jack Cola resigned from the positions of Chairman and Chief Executive Officer.  In his last minute resignation (which came to Accolade Global and investors as a surprise) he sited the ever changing business plan and the direction of the board of directors.  He also claimed a willingness to not become stagnant and a strong desire to work with a company that had either products and/or services.

As reported earlier in the year, Mr. Cola had a long time gripe with the board of directors at Accolade Global.  He urged them many times to purchase internet companies that offer products and services.  In the fall of 2008, Mr. Cola developed a string of internet businesses that would ultimately help start-up companies.  In the spring of 2008, Mr. Cola opened the gates to invest in these internet businesses only through Accolade Global's internal investment methods which would protect the now named subsidiaries.

Sources close to the matter now speculate that over 15 investors have pulled out of Accolade Global Holdings, LLC, the Nevada based corporation and another 20 from Accolade Global Holdings, Ltd., the investment division located in the Cayman Islands.

No immediate plans were mentioned in Mr. Cola's resignation speech.  Early Sunday morning, the outgoing Chairman and CEO held a press conference at the Philadelphia Center for Commerce and once again did not mention any offers of new employment or any hopes of starting a business.