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wondering why the street don't see what we see! Are they afraid of B conversion that is a big knife hanging on investors throat ready to fall anytime.
or may be the street only excited with scams and P&D not genuine and black&White companies like ANDI
I guess once the numbers are out and show the growth we should be in for a big chase.
jmho
dustin when are you planning to get the numbers out for the qtr? Nothing else matters I guess investors want to see how much growth revenues profits etc.
jmho
Very good article and makes lot of sense I guess thats the way to go.
One thing I can tell for sure is "These Dustin and Greg guys know what they are doing" don't take the negative side look at the way the article is written its like right to the point.
As someone said this company takes time to get recognized ofcourse with the delivery of results but once it comes to limelight its hard to stop and chase for dollars.
jmho
FLASH.... FLASH... FLASH New Filing on OTC
what do you mean? QTR is done as of Jan'12 end. We are waiting for dustin to give us some numbers.
jmho
did u watch the video someone posted here? LOL why should someone buy the stock because you and me pump on this board or any MB poster for that matter.
Investors want to see the real deal from Dustin. otherwise, no buying interest and we slowly die.
jmho
Its time for dustin to prove this is real company in real business and he is talking real numbers. Surprised that no buyers even at .14 that is insane.
Dustin, why not release the Q report? Qtr is over and you should have 95% idea on what to expect. Why not some details on recent acquisitions? other than bought 200 apps from a developer that doesn't tell us anything.
You can not mask things anymore because most think you and your business is a scam. its time to prove it otherwise with clear news.
jmho
He did a great job in pulling things together in a short time now we are ready for the next leg up. jmho
That will be fantastic. Hope Dustin working towards these. we need a good IR company short-term and long-term to get the message out. P&D like mmgs work for a day or two and the excitement is gone we need IR company to promote this as a long-term investment.
jmho
I am all for more profits but at the same time the company has to create the awareness of the company. Dustin is delivering the results then why not let investors know of the results.
Quarterly conference calls is a great idea and definitely one step up from all the pinkies out there and it boosts the management credibility for sure.
Hiring an IR firm (not mmg P&D schemes or mass distributions) but someone with good reputation and can get the message out.
jmho
How do we get the volume and buying interest? I don't think posters here including me can do much about it
I sent a link to dustin through the IR contact on andiamo website cohen research might be expensive but has a huge database of investors and should work short and long term if dustin doesn't mind spending some money to get it going.
jmho
yep heard lot of good things about Greg thats definitely a positive and hope this team can deliver the results.
jmho
Good post RON. Just for the record I am not negative and decided to give ANDI opportunity to prove its business model. Lets see where we will be 5/6 months from now.
" Just because the original investors want to exit and take profits does not mean the company is doing bad. We trade stocks shouldn't they be able to "
They definitely have the right to convert if it is 400 or 500 million and if ANDI shows growing revenues and profits it can be easily absorbed by the market but look at it its 4 billion shares that is insane.
jmho
Ron,
Read the recent filing from Dustin one more time
Dustin said something like "At the current share price it is not financially beneficial to 86 of the B holders to convert"
frankly, this is the dumbest statement I ever read from a CEO. Is he telling us if the SP goes up these holders are ready to convert and dump them in the market. Instead of reassuring investors "dustin is saying never buy ANDI stock anything higher the current price"
Is that not the problem to begin with? Investors are afraid to buy the stock at higher price knowing B holders are ready to dump.
JMHO
action apps website says total 1.6 mil downloads in jan'12 alone. that puts us at 3.5 million downloads for the qtr. with 8.5 cents per download average we are looking at close to $300K in revenues
wonder what the bottom line be?? May be one time expenses with recent acquisitions get the bottom line down but I guess that's ok
I emailed my suggested IR firm to the company contact directly hope dustin looks at it and take some action.
jmho
Many firms I know that kind of falls in between but works for sure
I am not talking P&D firms or hit r miss firms. Someone reputed and works with mostly cash (may be restricted shares) and stay with the company for years to come.
Is it not easy to sell the story like ANDI with good management, growing and profitable?
jmho
why not hire a decent genuine IR firm to promote the company and business. Is it not the first thing anyone does if they are serious about business. not mmar kind of firm but reputed well respected firm. It may sound expensive but overtime it definitely pay off.
jmho
thats understandable but its not that dustin is looking at the numbers today. He must have a decent idea on what to expect. then why not put out a PR with the expected numbers and future course. It helps with investor confidence.
jmho
yesterday news was more of an FYI type to the investors. We need real news: real revenues, profitable numbers and what to look forward to.
can dustin get them out?
jmho
Thanks for the link. Dustin rocks and it cleared many minds. Here is what I think or should happen
No more dilution and conversion let the SP run to 10 cents or so based on fundamentals of the company in the next year or so and that's just $100 mil market cap. If ANDI can do $5mil in sales and profitable $100 mil cap is not a big deal.
At that point Dustin should struck a deal with preferred holders and convince them to reduce the per share numbers instead of 2000 lets say 100 a pop.
why should they make a deal? ANDI pays for all their conversion fee and all their B shares converted at once into common and not diluting the heck of it they can sell the shares at much higher prices. what else anyone wants?
jmho
using my 15 minutes time between flighst. here is what I think Dustin should do
yes it is the preferred conversion that is stopping the buyers. I saw conversions tied to the market share price but this is ridiculous that no matter where the SP is these guys can convert at .0001 or something.
No one in their right mind buy the stock knowing that there are 100s of these preferred holders waiting in the line to sell them .001 and still make money.
Here is what Dustin can do
Restructure the pref.B shares and make the conversion more meaningful or get commitment from the holders not to sell the stock until the stock reaches a meaningful price target.
Get the results out for the last qtr (jan'12) asap. It proves three things
Dustin is not making up and he is serious when he talks about growth and profitability
If the numbers are outstanding as he claimed, that gives great comfort for the shareholders/newcomers
Include financial projections for future qtrs with key milestones for the coming year
Something like, Andriod migration completed by end of current QTR (April'12)
All acquired company apps rebranded and launched under action app on iPhone/Andriod by July'12.
dude. its pain in b*** to stay away from online access for a week. I am gone again today and will not be back until like next 5/6 days
enjoy your free time.
jmho
market is forward looking no one buy shares on what ANDI does this qtr. market looks for what is the revenues, bottom line margins and then value the stock from those facts and on future expectations.
it doesn't matter what andi makes in the current qtr. got my point.
I only hope that dustin let the stock run this time and don't dump another 100 million preferred and kill the rally like he did last time.
jmho
Good or Bad I added couple of million today at 15. I hope it pays off this time and I make some money. I wont be flipping it for few hundred dollars though. planning to stay in for couple of qtrs to see how it turns out.
jmho
I am turning positive on this one. Decided to give Dustin a chance to prove this company is genuine and he is serious to build the business not to rip off common holders.
we started the QTR around 10 million downloads and now at the end of the current QTR going by the downloads counter it says close to 14 million downloads. Since it is an estimate (not actuals) cut 1/3 of it and consider 3 million downloads for the last 3 months
should give us around $300k revenue and with 40% margins around $120K net bottom line not bad for a small company like ANDI
Now annualize the profits we are looking at $500K in profits and with 20 times EPS we are looking at $10mil market cap turns into atleast .01 price in the short term.
Again, all my valulations are very much upon O/S staying the same in the near future.
Ron,
Have you had a chance to talk to dustin recently? Whats your take on the preferred conversion. I think many on the sidelines expecting more dilution one way or the other.
jmho
dude I wish you good luck
why do you think this stock sitting in sub pennies. Have you ever seen profitable and growing pinky company before in pinky land. after all those PRs on growth, profitability this stock went no where but down
do you think no one sees what we see? lol. MMs know what happens when the stock goes up look back in october'11 stock went to .005 and dustin and gang dumped 100 mil on the market quietly increased the A/S by 50% to get them ready for next dumping cycle.
I don't need to talk to Dustin or you history tells the truth and is the best indicator of the future events
jmho
This stock never see .002 again Dustin and his gang sitting on the sidelines to dump another 100 mil or so the moment it reaches .002 MMs know these tricks and playing with it.
ANDI is smashed in the leadership of Dustin scared investors away with 2000 a pop conversion and possible 50 billion O/S
doubt is he running the company or scam???
jmho
exactly its proof in the pudding
my buddy told me that dustin owns close to 17 million of those B shares and rest of the gang owns close to 3 million means 6 billion if converted at 2000 a pop.
I asked my buddy to send me the e-mail he got from dustin so that I can post it here to prove all the pumpers here wrong but for some reason my buddy doesn't want to share the email
Dustin is a big crook and MMs know that hence they never let this SP reach .002 again cause the B dumping starts the moment we hit .002
Now claim dustin is honest and greatest what a crook he is sharing such confidential info. in private e-mails.
I think the plan is convert all of them increase to 7 bil A/S and do reverse split 1 for 100 and then start the printing press again
what a POS game these guys are playing. Let me get with by buddy to see if I can convince him to share the email on the board
jmho
if the preferreds need only 500 mil not 7 billion to convert that is good news but want to hear from dustin not a stranger on the message board.
I can pull in hundred others to invest here and the stock sky rockets. but need a proof dustin in not running a printing press
remember when the stock touched .004 last time he was all over the place printing shares and dumping them O/S zoomed up 140 mil or so.
jmho
anyway I will be on the road for the 2/3 weeks and probably no web access. well some of you can breath easier also dustin cause you can pump this scam with no limits
glta jmho
dude they are not lies no way my buddy lied to me. believe me those numbers are straight from dustin.
instead of screaming loud at me why dont go contact the company and let them tell you if it is accurate or not.
I bet you never do that because you know the scam going on here. lol
jmho
beware! 7 billion A/S coming with B conversion followed by R/S 1 for 100 or something and the printing press starts over again.
I challenge dustin to comeout and update the shareholders you never hear anything from him on share structure.
jmho
"I'm sure the A/S increase to 7 billion will be used to taint investors also"
what is that mean? A/S already increased to 7 billion from 1.5 bil wow thats a news
now I can see this to what I heard from my sources with 3 million B's converting to 6 billion like 2000 common a pop.
no wonder this stock is going down the sink and no one believes this POS anymore
jmho
"Your information"
u must be kidding its not my information. It is straight from the source that is the company. It is either from dustin or someone from the company.
so stop blaming me and verify with the CEO to see if the info. right or wrong.
you will see soon what I am talking about in the next day or two.
jmho
I contacted my buddy if he can share the pref. B share details he got from the company. he is hesitating because he was told not to share with anyone.
this is ridiculous that the insider information is shared with one and not with all shareholders. Probably someone needs to complain about it to SEC or something.
RON where are you? So Is dustin is doing favor to shareholders sharing inside info via e-mails.
Anyway, I asked my buddy if he can share the pref. share info with me and hopefully he does. As soon as I get it you see it here.
jmho
dude don't try to deviate from the question. The question is why hide the pref.B conversion ratio from shareholders and none of what you said answer that question.
If the company is growing and CEO is confident that he can take this to the next level it should be the other way round. He should build trust with shareholders and provide the information to keep them on board.
Now stop your pumping and ask dustin for answers just like we all do.
jmho
"
The potential share structure, including the future of the "A's" could be one of the reasons"
I believe that is the only reason new buyers are scared if the shares they are buying locking up the float or preferred shares are converted and dumped on them quietly. Dustin never answer any question related to shares that is a big red flag.
jmho
"
The potential share structure, including the future of the "A's" could be one of the reasons"
I believe that is the only reason new buyers are scared if the shares they are buying locking up the float or preferred shares are converted and dumped on them quietly. Dustin never answer any question related to shares that is a big red flag.
jmho
" And then there is also the Series A Preferred stock, which at some point will have to be defined. "
Dustin already provided in the filing that A series is not convertible for common and only used for voting purposes (mostly control on the company). as of now no issues with series A.
but again this can be changed with the flip of a coin too.
jmho