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Chart looks primed. Everything is set to reverse the trend. Steady Accum Dist since the downtrend starting in early Feb.
Each mod get's one sticky post. They would have to remove an older one and replace it with a new one, like your post from IR.
It ain't positive unless the filings show something positive!
No filings, No info! No acquisitions! Not good IMO.
Get the CE off Harry and show us something good for once.
MM's know it too. The Float is pretty much locked up in strong hands. Moves up fast and nobody is selling.
That pretty much explains all the new faces showing up the last couple weeks. Best to just ignore their noise.
ANDI/UTOP will rebound nicely.
Unfortunately, its higher than the current pps. (Sigh)
I thought about buying some more, but will wait until they do something positive. My dollars are working better in other plays right now anyways.
LOL You started the fire by posting they filed an S-1!
Statement of Information with the SOS is completely different.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139311978
V Stock Transfer is new TA!!!
http://www.vstocktransfer.com/
The Securities and Exchange Commission (SEC) Form S-1 is the initial registration form for new securities required by the SEC for public companies. Any security that meets the criteria must have an S-1 filing before shares can be listed on a national exchange. Form S-1 requires companies to provide information on the planned use of capital proceeds, detail the current business model and competition, and provide a brief prospectus of the planned security itself, offering price methodology and any dilution that will occur to other listed securities.
BREAKING DOWN 'SEC Form S-1'
Form S-1 is also known as the registration statement under the Securities Exchange Act of 1933. The SEC also requires the disclosure of any material business dealings between the company and its directors and outside counsel. Investors can view S-1 filings online to perform due diligence on new offerings prior to their issue.
The Filing
Part I, which is also called the prospectus, is a legal document. This section is required to have certain information, including the business operations, the use of proceeds, total proceeds and price per share, a description of management, financial condition, the amount being sold by individual holders, and information on the underwriters.
Part II is not legally required in the prospectus. This part includes recent sales of unregistered securities, exhibits and financial statement schedules.
The issuer will have liability if there are material misrepresentations or omissions.
https://www.investopedia.com/terms/s/sec-form-s-1.asp
GIFA Holding is going to make us all happy persons!
$2 Billion in assets / OS 161 million = $12.50 per share
If the ticker change is coming and the MM's know it, then they are trying to cover before the change forces them to show what's in their hands.
Thanks for sharing Bean and Top. That response answered my TA question that I sent to IR earlier today. I have not received a response yet.
5k share walk down profit = beer money!
I will gladly post any response I receive from the email I sent to the IR this afternoon.
The IR just tweeted that they have received several emails and will respond once they have reviewed with the legal team. The fact that the new IR and company are being careful with their responses speaks highly of their character, etc. They know they will probably get posted here.
At least the other guy "puts out". I think Harry may be a virgin CEO!
But a good defense attorney would ask him, "Mr. Orfanos, is it true that on September 25, 2017 you release a press release stating your company was acquiring a trucking company?"
https://www.otcmarkets.com/ajax/showNewsReleaseDocumentById.pdf?id=27504
"Mr. Orfanos, did in fact Centeral Wireless ever complete the purchase of said trucking company?"
I am familiar with ________ ________ CEO Keogh (KA*ST), but not the other one. Bottom line, it should not take this long if everything was submitted correctly. Harry could give us shareholders an update regardless, unless there is nothing to update.
I will bet you a one month banishment of posting here that the OS reported in the 10k, including any dilution in subsequent events is higher than the 66,781,423 reported on 11/15.
Walrus, Do you want to take my bet?
Agreed. Harry must not be liked or trusted by OTC, otherwise CE would be gone by now.
Looks like CLEC Holding, Inc. filed with Wyoming on 3/1/18. They probably met with Justin Su around the time of the CES in Las Vegas. The mailing address per the filing is in Las Vegas.
100,000 Common and 100,000 Preferred Shares.
https://wyobiz.wy.gov/Business/FilingDetails.aspx?eFNum=155201194194030253141109236110191134044132058141
I doubt it is dilution, but just a combination of those taking profits or flipping, and MM's taking advantage to short it on the way down. But the biggest reason is this news did not make that big of a splash. Not enough buying pressure to offset the selling
It would be nice to hear more from the CEO as to how this CLEC Holding, Inc. acquisition plays into their strategic plans and progress on the mid market cell phones, testing, etc.
Might have to add more shares to my stash this week!
Contract news is still in the works and will be released once the deals are done.
BTW, Me thinks the smoke is exiting, not entering! LOL
Funny how facts get easily misstated to try and generate confusion.
Read the PR again. No Dilution, CLEC Holding, Inc will be acquiring other revenue producing CLEC's with funding from outside sources.
Read the PR again. The LOI has nothing do to with the other acquisition announcement they hope to make in the next 10 days!
LOI = Andiamo/Utopya acquiring CLEC Holding, Inc. This will be finalized at a later date with a preferred share exchange with a restrictive covenant.
CLEC Holding, Inc is acquiring other CLEC's that have revenue and they hope to announce the first one within 10 days!
Andiamo Corp. (OTCPK: ANDI) Signs Letter of Intent to Acquire Telecom Holding Company
PR NewswireMarch 13, 2018
TORONTO, March 13, 2018 /PRNewswire/ -- Andiamo Corp. (ANDI), together with its wholly-owned subsidiary Utopya Innovations Inc. ("Utopya"), announces today that it has signed a Letter of Intent to acquire a telecom holding company CLEC Holding, Inc. ("CLEC Holding") in an all-stock transaction, as part of a strategic plan for growth and diversification.
The Wyoming-based CLEC Holding is currently in talks to acquire several Competitive Local Exchange Carrier companies ("CLECs") that are all revenue-producing and in growth mode.
"We are in talks with multiple acquisition targets, as well as funding sources. We will seek to secure up to $15 Million in funding directly to CLEC Holding, with no dilution to ANDI or its shareholders. We hope to announce our first acquisition in the next 10 days. The additional acquisitions are still in early-stage discussions but do seem very promising, and are aligned with our long-term vision for CLEC Holding, which is to acquire telecom and telecom-related companies when it is strategically viable to do so, in order to expand our network capabilities and grow. For obvious reasons, there are clear synergies between CLEC Holding and Utopya, and our intent is to offer Utopya products to CLEC Holding's customers," stated Justin Su, President of CLEC Holding.
Mike Starkweather, President of Andiamo Corp., remarked, "We are thrilled to execute this Letter of Intent with Mr. Su and we look forward to working with the entire CLEC Holding team. This deal is a strategic stepping stone for both companies, and one that we hope will prove very fruitful for all parties involved."
Mods, please sticky this post!
Great summary and explanation Taper/Hornet
Read the PR again, it says CLEC Holding will be getting outside funding to acquire other CLEC's. First one to be announced within 10 days!
Utopya does not need financing or funding. Preferred Share transaction to acquire CLEC Holding.
It is a done deal alright, with another acquisition to be announced within 10 days! No Dilution to ANDI!
"We are in talks with multiple acquisition targets, as well as funding sources. We will seek to secure up to $15 Million in funding directly to CLEC Holding, with no dilution to ANDI or its shareholders. We hope to announce our first acquisition in the next 10 days. The additional acquisitions are still in early-stage discussions but do seem very promising, and are aligned with our long-term vision for CLEC Holding, which is to acquire telecom and telecom-related companies when it is strategically viable to do so, in order to expand our network capabilities and grow. For obvious reasons, there are clear synergies between CLEC Holding and Utopya, and our intent is to offer Utopya products to CLEC Holding's customers," stated Justin Su, President of CLEC Holding.
Those shares we all grabbed at .017 are looking mighty nice!
ANDI Huge Acquisition News Out this morning.
ANDI Huge Acquisition News Out this morning.
Probably a preferred share transfer. No dilution.
Outside Funding sources planned for CLEC acquisitions!
HUGE NEWS UTOPYA TO ACQUIRE CLEC HOLDING
Loaded the second boat today. UTOP is gonna pop its top soon!
DD is off the charts here!
UTOP is the real deal, that's why. No stinky pinky here!
Nope, you will have to come down to me at .017 LOL
Final Offer!!!
FYI. My current bid is .017
I would recommend the same and see if they can ask some locals about GIFA too. Need to peel more layers off this onion!
I am doing the same thing. Although I did hit the ask and gobbled up the .017's at the time, but then came back from lunch and it had filled the rest of my order.
I will keep buying at these levels. This is too easy with what is coming!
Let Topdog finish getting his shares at .0167 first. ; )
You got me by 50k shares, I better buy some more! LOL