ANDI site created Nov 2014 and end Nov 2015. Since then, 8 filing. 800M traded. 200M sold from insider at 1/2. Roughly $25K or so? OTC market PS current is $10K fee. Attorney is $350 a letter. Filing is $500 a file or so. This a number from few years back.Total fee would be around $ $13,000 or so from Andi's CEO pocket. The money he used to buy andi from the previous CEO. Not sure if all the money and time new CEO spent justify the weak volume traded. Most of the volume would be from retail too.
A/S is 1.72B not 1.5B. I'm thinking another round of selling is needed and a lot of preloading had been going on. B/c so far $50,000 to maybe $100,000 had been traded but no one really talking much at all on any chat room or board. Beside few disgruntle retails which do not justify the volume spike. 1 or 2 CD due this November.
Would be curious to see what is going on. That is the DD. People crying over $500 loss but oddly $50,000 to $100,000 traded but no one even crying.
-----------------------
Do not trust CEO/PR, it's time to sell and move on. CEO will still be there. This is not NYSE
