Tuesday, March 26, 2019 3:52:40 PM
– The funding and up listing of Sustainable Water Solutions is moving along well. And as part of SWS’s exit from Andiamo in order to secure their required funding, they will be leaving 1,500,000 shares behind. From this we will dividend out the majority of these shares to our Common shareholders, and we are exploring using a ratio of 1 share of SWS for every 5,000 shares of ANDI, which is roughly 1,000,000 shares of SWS. The balance of the shares will remain in Andiamo’s treasury as an asset. Exact terms and a date will be released as details of this dividend are finalized.
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