Andiamo Corp. (ANDI)

[reader3]

PR out... they significantly reduced the value of the preferred B shares (by a factor of 1000!!!):

https://www.otcmarkets.com/stock/ANDI/news/CHANGE-IN-SHARE-VALUE-OF-SERIES-B-PREFERRED-STOCK?id=187205

CHANGE IN SHARE VALUE OF SERIES B PREFERRED STOCK Toronto, ON, March 26, 2018 – Andiamo Corporation (OTCPK: ANDI) announces that its Board of Directors has voted to change the price of the Series B Preferred Stock from $2.00 per share to $0.002 per share.

The price change is in accordance with the Certificate of Designation of the Series B Preferred Stock. The Certificate of Designation allows the Board of Directors to adjust the price of the shares at any time. The Board took this action because it reflects the current overall share value and distribution.

Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements to reflect events or circumstances that may arise after the date of this release.

CONTACT: Investor Relations (833)-UTOPYAN (833)-886-7926 [e-mail]