Andiamo Corp. (ANDI)

[nodummy]

Something should show up immediately at the Wyoming SOS (as in the next few days). There is no reason an amended filing should be delayed unless the Utopya team is not doing what they promised (again).

So keep an eye on this link:

https://wyobiz.wy.gov/business/FilingDetails.aspx?eFNum=032118005204223107022212191092215134008105026132

Until an amendment is filed nothing has changed - the Series B preferred shares are still convertible at 1:2000.

I'm not sure if they really have a clause written in that allows them to change the value of the preferred B shares. That clause was never included in the information for the designation that they filed in their recent OTC disclosure statements.

https://backend.otcmarkets.com/otcapi/company/financial-report/182310/content

I do know in the past ANDI has issued some series B preferred shares in exchange for capital so I can't imagine the Series B preferred share holders will be too happy with having the value of their holdings reduced 1000 fold. I'd imagine there may be some backlash from some of the Series B preferred share holders.

But yeah, anyways, until an amendment shows up at the Wyoming SOS that reduces the value of the Series B preferred stock from $2 to $.002 no change has actually happened. This will be a good test for the Utopya team. They failed on the December 20th dilution promise. Will they fail on this promise too?