Andiamo Corp. (ANDI)

[mcgbyron]

Ok. Just spitballing here on the last trade of the day @ .008 just "after hours"

And please correct me if I am completely WRONG! It is my understanding that a company can only buy back 25% of its own stock that is traded that day, in any one trading day.

For example, if 100 shares traded in one day, only 25 could be bought back by said company.

So with that said, if the cash was available this process could greatly reduce the OS, in let's say THIRTY trading days, without greatly spiking the pps.

If it was me, I would start the buy back process slow and gently as to not interfere with the day to day trading of the stock. Nobody would notice a 5 to 10 % buy back per day.

In the end the MM's have to show the transaction somewhere to be clear and transparent.

But my biggest question is. If you are buying back shares. How do you know how fast to go without breaking the speed limit. Either set by the rules or set by the trading day?