Since the preferred b shares can convert to nearly 38 billion common shares shouldn't the AS been increased to allow them to convert if they so chose?

Nothing but the truth. Buyer beware.

Here is the problem with the preferred b shares. The Q came out ending jan 31. We don't know how many more preferred b shares were converted in Feb and Mar. Could be 1 billion or more. TA is gagged for a reason. Mike won't tell you what the current structure is. I know if I had them I would be converting before he updates WY Sos

Yep. I believe most agree ANDI is fraud. But as you know those that do buy are hoping to make a quick buck and unload on their neighbor. It is a sewer.

I understand. So the Articles of Incorporation were never updated. Seems like an underhanded trick by the former ceo.

Here is a great interview with cycloides

http://indiaitnews.com/our-delivery-centre-in-technopark-will-open-more-opportunities-for-it-professionals/

"With our strategic partnership with emerging smartphone company Utopya Innovations Inc, we are positioned to make waves across the Canadian tech landscape. This is our flagship account and Utopya Innovations Inc. has big plans for the next five years."

It seems on 9-10-12 ANDI changed the conversion ratio of the preferred b shares from a fixed 2000 to 1 to a variable rate dependent on common share price.

https://backend.otcmarkets.com/otcapi/company/financial-report/90324/content

The revolutionary Utop engineering team is reviewing the amazing apps developed by action apps and all pro apps.

That is a joke. To think anyone would want 8 year old crappy apps on their amazing Utop ecosystem smartphones that no one has seen.

Another sign this is a scam.

Hmm let's see. In January Utop hired Cycloides to develop a revolutionary software ecosystem OS for a newly designed smartphone.

Now 2 months later, voila! They did it! we have an amazing breakthrough. Cycloides must really be good. They are even adding blockchain.

To think Mike did all this with:
no cash,
no engineering staff,
no research,
no patents.
No experience

It is more believable that he is just another stinky pink ceo ripping people off.

Mike said no dilution and he lied. OS went up 1 billion in 3 months to 3.6 billion shares. Mike is a scammer.

Excellent post Nodummy. You are correct about the dilution. The 2000 to 1 conversion ratio on the preferred class b shares is frightening. Just think with nearly 19 million preferred class b shares outstanding as of Jan 31 2018 they can convert into 38 billion common shares.

That seems illegal as they are really stealing money from common investors who have bought into this fake pump story about a revolutionary new smartphone. Sad story.

How about a fake stock with fake news. The only thing ANDI is good at is giving out free trading shares and making fake Neil Armstrong videos. Way to go Starky!

When someone scoffs at a billion shares added you know its a pump n dump.

By the way starky did the same thing with gldg 2 years ago as you remember.

The OS increased 1 Billion shares in 3 months under Starky control. The shares have been diluted nearly 50%.

If it continues at this pace OS will be at 7.6 Billion. Oops- means a reverse split soon.

OS went from 2.6 to 3.6 billion.do the math.

1 Billion shares added in three months!

2 Billion shares added in 9 months!

See the pattern. Feb and Mar results pending. Way to go starky

Lg capital converted 322 million shares on jan 18th. They are toxic scum. The report is as of jan 31st. Can't wait to see feb and mar numbers.

Starkweather was a liar with gldg and he is the same scammer with ANDI

Starkweather is a liar. Dilution is unbelievable. All you had to do is watch the ticker for a few hours.

Coming from the old gldg ceo sounds more like a scam.

Seems like there is always someone hitting the bid. Ask always returns. Someone always ready to sell andi while the story is still credible.

Yep for flippers who got in at 14.

Excellent post. Company needs transparency and there is none.

ANDI is shaping up to be a typical pump n dump scam.
Ummm the so called ceo can't say what the share structure is. Yea running it by legal. Ridiculous. The attorney letter is written by known scammers. Toronto fraudsters over and over.

The big reveal is Clec Holding! Suckered in new traders while shares collapsed. Clec has no value but the dilutors want you to think it does so they can capture the only value in this scam which is Your money..

Dilutors hide the number of shares on the ask with a fake 10k. Retail doesn't do that.

Cleck holding is a farce. I mean the big reveal is a company just formed 2 weeks ago. And they want 15 million of your money.

Starkweather was getting desperate as the stock was tanking and this was his brainstorm from his home in Ohio. A scammy LOI with a scam company.

With billions of shares there is no telling. No need to fight this fight. Some sob is absorbing all the cash and crushing the stock. It is selling 14's and no one wants them.

Actually the mysterious dilutor has been relentless since ANDI hit the 03's putting up those 10k shares on the ask and following the bid down as new money coming in gets exhausted. People keep saying no dilution but the chart tells the truth.

Yea but behind that 10k from vert is likely 100's of millions for sale. I believe this is another Starkweather Scam.

Starkweather was at 0001 pos gldg 2 years ago.

It is pretty difficult to buy out vert. They always come back.

Only if you flip out at 17. Good luck

And VERT is always a seller. Bad odds

Owen did win $290-million patent case against Microsoft. We are in good hands!

I agree. Loudon Owen's presence with ANDI makes everything possible. Look at all the companies listed at mcleanwatson.com that he has been successful with as a venture capitalist! I surmise he sold them all for handsome profits.

Venture Capital Investment
Loudon McLean Owen and John Eckert formed McLean Watson Capital in 1992

Portfolio - Current
i4i
Software to structure unstructured data.

Quantec
World leading ground geophysicists, with deep targeting technology.

Signiant
Advanced data movement software.

Portfolio - Divested
Activplant
Manufacturing intelligence software, primarily for automobile manufacturers.
- Sold to CDC Software Corporation

Amplus
Design and manufacturing services for RF, microwave and millimeter-wave wireless products and sub-systems.
- Sold to Management Team.

BelAir
An emerging leader in the area of broadband wireless equipment using mesh architecture.
- Sold to Ericsson Networks.

Brainhunter
Fully web-based recruitment solutions.
- Sold to Treklogic Technologies

Data Beacon
Data publishing analysis and reporting solutions.
- Sold to Cognos Inc.

flonetwork
Manages and analyses high volume e-mail marketing campaigns.
- Sold to DoubleClick.

Fortiva
Email archiving solutions for compliance and legal discovery needs.
- Sold to Proofpoint, Inc.

Lavalife
Personals - #1 in World for Voice, #3 on Internet.
- Sold to MemberWorks.

Ntegrator
Asian communications network specialist and e-business systems integrator.
- IPO on Singapore Exchange (SGX). Holdings divested.

Precidia
IP access technologies, including retail payments and building automation.
- Sold to Founder.

Rhea
Engineering consultancy and software for Space Industry.
- Sold to Management Team.

Savi
Logistics software and services.
- Sold to Lockheed Martin (NYSE:LMT).

SiberCore
Fabless semiconductors packet management for communications market.
- Confidential Sale.

Sitebrand
Content management solutions for website management.
- Listed on Toronto Venture Exchange (TSX-V). Holdings divested.

Skywave
Global two-way satellite data communications equipment - tracking, tracing, short data messaging and SCADA applications.
- Sold to Orbcomm.

Spectrum
Integrated Systems and Software for Communications Infrastructure.
- Holdings divested in public markets.

Wheresfrankie
Management of alumni networks.
- Sold to Harris Publishing.

I agree. Reputation. This is not his 1st rodeo.

http://www.mcleanwatson.com


?HomePartnersPortfolioContact Us

Venture Capital Investment

Loudon McLean Owen and John Eckert formed McLean Watson Capital in 1992

?

Partners


?
John Eckert?
Loudon McLean Owen




Portfolio - Current

i4i

Software to structure unstructured data.

?

Quantec

World leading ground geophysicists, with deep targeting technology.

?

Signiant

Advanced data movement software.

?

Portfolio - Divested

Activplant

Manufacturing intelligence software, primarily for automobile manufacturers.

- Sold to CDC Software Corporation

?

Amplus

Design and manufacturing services for RF, microwave and millimeter-wave wireless products and sub-systems.

- Sold to Management Team.

?

BelAir

An emerging leader in the area of broadband wireless equipment using mesh architecture.

- Sold to Ericsson Networks.

?

Brainhunter

Fully web-based recruitment solutions.

- Sold to Treklogic Technologies

?

Data Beacon

Data publishing analysis and reporting solutions.

- Sold to Cognos Inc.

?

flonetwork

Manages and analyses high volume e-mail marketing campaigns.

- Sold to DoubleClick.

?

Fortiva

Email archiving solutions for compliance and legal discovery needs.

- Sold to Proofpoint, Inc.

?

Lavalife

Personals - #1 in World for Voice, #3 on Internet.

- Sold to MemberWorks.

?

Ntegrator

Asian communications network specialist and e-business systems integrator.

- IPO on Singapore Exchange (SGX). Holdings divested.

?

Precidia

IP access technologies, including retail payments and building automation.

- Sold to Founder.

?

Rhea

Engineering consultancy and software for Space Industry.

- Sold to Management Team.

?

Savi

Logistics software and services.

- Sold to Lockheed Martin (NYSE:LMT).

?

SiberCore

Fabless semiconductors packet management for communications market.

- Confidential Sale.

?

Sitebrand

Content management solutions for website management.

- Listed on Toronto Venture Exchange (TSX-V). Holdings divested.

?

Skywave

Global two-way satellite data communications equipment - tracking, tracing, short data messaging and SCADA applications.

- Sold to Orbcomm.

?

Spectrum

Integrated Systems and Software for Communications Infrastructure.

- Holdings divested in public markets.

?

Wheresfrankie

Management of alumni networks.

- Sold to Harris Publishing.

?

Contact


ATong@mcleanwatson.com

McLean Watson Capital Inc
141 Adelaide Street West, Suite 1200 
Toronto, Ontario, M5H 3L5 
Canada

Telephone: +1-416-363-2000
Facsimile: +1-416-363-2010

Copyright © 2017. McLean Watson Venture Capital

Bs. They said from the getgo 12 million debt and 2 million assets. That obviously left zero for shareholders. Seems some on this board scamming other less intelligent on this board.

Wrong. Gallant brands bought the assets from soup. Now Gallant brands is doing business as Soup. Shareholders were left in the dust.... GB dba soupman!

"Gallant Brands dba Soupman"

But i heard on a message board my bankrupt shares survived....

You guys own nothing here.
In the pr this morning it clearly says:

"News provided by Gallant Brands, Inc. d/b/a Soupman, Inc."

Get it? Gallant Brands is the owner.
Again a little further in the pr it says:

"Gallant Brands, Inc. ("GBI"), led by shareholders of the public entity acquired the assets of Soupman, Inc."

Gallant Brands is owned by freedman and hagin, who happen to be shareholders of the public entity.