Andiamo Corp. (ANDI)

[trader59]

No, the company had not done everything they said. In this PR, they say they're switching transfer agents so that the share structure would be transparent:

https://www.prnewswire.com/news-releases/utopya-innovations-inc-a-wholly-owned-subsidiary-of-andiamo-otcpk-andi-announces-plans-for-ticker-change-and-more-300592503.html

They didn't do that, they lied. Everybody on this board knows what a gagged TA means in OTC.

They also promised no dilution. When Utopya acquired control of ANDI, the O/S were 1,985,444,650. In the financial statement for period ending January 31, O/S are 3,579,209,650. Dilution has continued since then.

Those 2 things are far more critical in OTC land than anything that Loudon Green (or whatever) should mean to you and all other investors.

At the end of April, another fiscal quarter will end for ANDI and we'll get to see sometime in June what an additional 7 weeks of preferred B share conversions and additional dilution has done to the share structure. As we approach the date of the next financial report, this stock will die a slow, well deserved death.