Thursday, May 24, 2018 1:04:08 PM
Let me help you with some DD...
I can think of several concerns that FINRA may have including why the Utopya Innovation (Canada) operations were never acquired/merged into the ANDI shell despite lots of press releases, tweets, and email correspondence since November saying that they were.
https://backend.otcmarkets.com/otcapi/company/financial-report/190282/content
10Q clearly states ANDI acquired Utopya
On November 28, 2017, the Company solidified an acquisition of Utopya Innovations, Inc.
People really need to start asking why Utopya Innovations (Canada) was never merged into the ANDI shell and why the Utopya Innovations (Canada) officers never became the officers of ANDI.
https://www.otcmarkets.com/stock/ANDI/profile
Mike Starkweather is the CEO per OTC with with a total of 8 employees. Why would Canadian consultants need to be listed as officers?
At this point I'm expecting ANDI to remain very quiet. I'll be surprised if they file a quarterly report for the period ending April 30, 2018 which is due out on June 15th because that report could end up showing exactly what the quarterly report for the period ending January 31, 2018 showed - that Utopya Innovations (Canada) owns the ANDI shell but ANDI doesn't own any smart phone operations.
I won't be surprised if they file a quarterly report in June. The 10Q and OTC Profile clearly state ANDI is Wyoming based company and in the cell phone distribution business.
Note A – Nature of Business and Summary of Significant Accounting Policies (10Q)
On July 5, 2011 Title Consulting Services, Inc. a Delaware Corporation, redomiciled to Nevada from Delaware and changed its name to Andiamo Corporation (the “Company”). The Company is a holding company for several corporations. The Company owns a software application company and a cell phone distributor.
OTC Profile - Andiamo Corporation, a Wyoming domiciled publicly traded company, and its subsidiary Utopya is an emerging technology company focused primarily on the development and distribution of mid-market smartphone devices equipped with a proprietary software ecosystem.
I can think of several concerns that FINRA may have including why the Utopya Innovation (Canada) operations were never acquired/merged into the ANDI shell despite lots of press releases, tweets, and email correspondence since November saying that they were.
https://backend.otcmarkets.com/otcapi/company/financial-report/190282/content
10Q clearly states ANDI acquired Utopya
On November 28, 2017, the Company solidified an acquisition of Utopya Innovations, Inc.
People really need to start asking why Utopya Innovations (Canada) was never merged into the ANDI shell and why the Utopya Innovations (Canada) officers never became the officers of ANDI.
https://www.otcmarkets.com/stock/ANDI/profile
Mike Starkweather is the CEO per OTC with with a total of 8 employees. Why would Canadian consultants need to be listed as officers?
At this point I'm expecting ANDI to remain very quiet. I'll be surprised if they file a quarterly report for the period ending April 30, 2018 which is due out on June 15th because that report could end up showing exactly what the quarterly report for the period ending January 31, 2018 showed - that Utopya Innovations (Canada) owns the ANDI shell but ANDI doesn't own any smart phone operations.
I won't be surprised if they file a quarterly report in June. The 10Q and OTC Profile clearly state ANDI is Wyoming based company and in the cell phone distribution business.
Note A – Nature of Business and Summary of Significant Accounting Policies (10Q)
On July 5, 2011 Title Consulting Services, Inc. a Delaware Corporation, redomiciled to Nevada from Delaware and changed its name to Andiamo Corporation (the “Company”). The Company is a holding company for several corporations. The Company owns a software application company and a cell phone distributor.
OTC Profile - Andiamo Corporation, a Wyoming domiciled publicly traded company, and its subsidiary Utopya is an emerging technology company focused primarily on the development and distribution of mid-market smartphone devices equipped with a proprietary software ecosystem.
