Andiamo Corp. (ANDI)

[NODOUBT111]

All from my past experice, not necessarily the same now.

In most cases you must get a letter from the company stating it is OK to cash a share. To get that letter the person must petition the company that they want to convert. Then a copy of that letter and a copy of the cert must be sent to an attorney who gives an attorney opinion. It costs $250. Then you must send the cert and the opinion letter to the transfer agent, who charged me another $100. Then they mail you back the new class c shares cert plus a new prefferred cert that has a share less than before. Then the person has to find a broker that converts paper shares. The higher the share price the higher the percentage of brokers. Nobody will convert them under a penny. Then set up an account. Then sell at 10% commission. All the while in a deal like this with ANDI everyone else will want to sell one preferred at the same time dropping the share price before your very eyes.