Andiamo Corp. (ANDI)

[jokersmoker]

Andi turns down buyout offer
(RTTNews) - Andiamo Corp. (ANDI.PK: News ), subsidiary ActionApp Corporation, announced that, over the last 4 weeks, negotiations have been progressing towards a buyout of ANDI by a larger, publicly traded company.

ANDI announced that the Board of Directors of ANDI have opted to cease negotiations of this potential buy out at this time.

"While we agreed in principal to the advantages of being bought out by a much larger company, we couldn't come to final terms that were in the best interest of our shareholders. The other CEO and I have parted on good terms and the door is open for future negotiations," said ANDI CEO Secor.

The company said that the potential purchaser may not be named at this time, due to a confidentiality agreement.
maybe this piece of crap is actually worth something!