You have to remember ANDI was in a different line of business prior to the merger with UTOPYA in November 2017. I'm sure there's been some "cleaning" up of old business. Mike did state numerous times that there is no Toxic debt (he's working a settling with a couple folks), there is no Reverse Split in the plans, and this is not a P&D nor would they subscribe to it.
I had a long type up and hit submit and my net went down! (Bleep words used) On point the last filing was cleaning up old business with the company they did a reverse merger with. That filing has zero relevance to whats going on now. "The Stewy"
Umm- "frequent conversions"? Of what? Issuance Reprt? What the heck is that? SEC filings are here:https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001505867&owner=exclude&count=40 and indicate private placement of equity totaling less than $100K in the aggregate in 2010 and 2012. That of course is the "old" company/regime, and new CEO has indicated that there is a little bit of old convertible notes out there which have not yet matured and which, he intends to pay-off in full before maturity, thus blocking conversion/dilution. I feel for you as a holder of preferred Cs that the company apparently has no record of- hopefully it gets sorted out and you have a happy ending on those
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