Replies to post #71879 on Andiamo Corp. (ANDI)

[NODOUBT111]

Lol. Yes it seems like an unrealistic number. However the company has the right to control the introduction of the preferred shares back to class C shares market. These preferred shares in particular the company stated up front that it might be a long time coming when we could cash even one. It depended i belive by how much initially had invested. And even longer for the rest. They also stated that the window of opportunity to convert the one share would be limited. Those to me certainly could be viewed as negative. The positive side to me is one share converted to 100000 shares is $30K or so. After taxes that would certainly be a tidy profit.

[NODOUBT111]

Correction. Today's share price would make the sale about $10k. Even after taxes I still would be ahead considerably.