Andiamo Corp. (ANDI)

[RoamingLlama]

I think the buying back of shares by the company could be handled as treasury stock. If a company feels they are undervalued and they have cash to do that with great. Seems to fit this scenario pretty well. I think the point CDEFam makes is they have surrounded themselves with people who have money so if if they wanted to they prob could be.

If that is how they are handling it, that is a great way to raise tons of capital quickly and organically. To look at it another way, we invested in a company that invested millions at these prices.. if the prices go up, so does there value based on these increased value of the treasury shares. Kinda ripple effecty :)

I am not a pro at all, but when reading up on this approach it seemed to fit this play perfectly. IMO

https://www.investopedia.com/terms/t/treasurystock.asp