Andiamo Corp. (ANDI)

[somanymike]

There is definitely dilution. To understand how much dilution is occurring look at Item 4 Issuance history.

That will tell you how much was converted, who converted it and why.

The middle column (Total outstanding) is a cumulative total. The columns to the left are the numbers for that particular date.

The chart goes all the way back to march of 2016, and through to 1/18/18. During that almost 2 years they added 2 billion shares outstanding.

These extra 2b shares came from the 6b authorized. When combined with the approximate 1.5b prior outstanding shares, that leaves the company with about 2.5b left available to convert.

That does not mean they WILL be converted at par to pay debt, just that there are 2.5b left of the original 6b authorized.