Andiamo Corp. (ANDI)

[NYD]

Preferred B Shares issue is resolved, according to the 2017 annual report file in October, 2017. Under the SERIES B PREFERRED STOCK DESCRIPTION -- CONVERSION AND ANTI-DILUTION section:

Series B Preferred shares - "subject to adjustment as may be determined by the Board of Directors from time to time (the "Conversion Rate")"

Thus, allowing the company to change it at their leisure, without worrying about filing and waiting for it to take effect.

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

Once again, the company's word has been proven to be right again! ANDI/UTOP is solid and GLTA!