Andiamo Corp. (ANDI)

[Schwa313]

They are absolutely not buying shares back at this level. No way in hell. I absolutely agree they don't have the funds to do this and it would crush them. That doesnt mean it hasn't already been done. My thoughts on a stock buyback are from previous posts. Here it is...


Go back and look at purchase of shares before the merger was announced. Hundreds of millions of shares in total purchases of ANDI at .0001 when the company was basically dead/stagnant. Even up to announcing the merger over 1 billion shares purchased at .0001 or .0002. Do the math for purchase of a billion shares at those prices. Not a ton of money for a company. If someone associated with company was buying all these shares pre merger, combined with 25% of post merger per day there’s a chance company could control a HUGGGGEEE portion of the float. What is the something better for shareholders...Well we sorta diluted the stock by selling shares at a significant profit these last few weeks but we did that without increasing OS. On top of that we accumulated the money we needed for manufacturing, etc. so now we are going to retire the remaining amount of shares we have which will further increase our stock value by reducing said float. If this theory proves correct it would explain so much about the hype and excitement we have seen from Darryl and the company. It would explain the apparent dilution and perhaps the silence of the company about SS as they want to drop that bomb at the right time. Boy if this is the case. Hold on for the ride. We shall see soon enough!!!!!

Go UTOP

https://www.nasdaq.com/symbol/andi/historical

1 billion shares at .0001 equals $100,000. Darryl investment? Loudon purchase some shares?
What I'm saying is 100,000 is little money for some of these guys and if someone was thinking ahead they could have purchased ALOTTT of shares at very low prices.
They could have sold some of those shares as the price escalated (apparent dilution with VERT/BMIC on ask) and retire the rest

Im not saying it has happened, but if I knew I was gonna acquire a shell and had those .0001 shares it is exactly what I would do and Loudon and the gang are much smarter than I.