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Re: oldepro ll post# 140431

Saturday, 03/24/2018 2:32:37 PM

Saturday, March 24, 2018 2:32:37 PM

Post# of 226100
I have a couple of comments regarding your observations...

Now to the letter of intent
Subsequent events to Q2:
-
On March 13, 2018, the Company signed
a Letter of Intent to acquire CLEC Holdings.

Still stating intent, deal is not finalized.

Correct. Had the deal been finalized, we would have been informed via Press Release.

And CLEC is for holding telecom companies, not for distributing phones.

I think you’re missing the point here. The telecom companies within CLEC Holdings Inc will be used as vehicles to distribute the phones.

From the March 13th PR...

For obvious reasons, there are clear synergies between CLEC Holding and Utopya, and our intent is to offer Utopya products to CLEC Holding's customers," stated Justin Su, President of CLEC Holding.


Link to PR
https://www.prnewswire.com/news-releases/andiamo-corp-otcpk-andi-signs-letter-of-intent-to-acquire-telecom-holding-company-300613044.html