Replies to post #140550 on Andiamo Corp. (ANDI)

[Topchef]

Q/A and PR back in December. Old debts were already is works from the previous regime and will not dilute the stock.

Q: What has been done with old debts?

A: We are negotiating those and they will be settled without diluting the stock.

"The Stewy"
Source:
https://www.otcmarkets.com/stock/andi/news/ANDI--Utopya-Question-and-Answer?id=178721

[scooter83]

Excellent post Nodummy. You are correct about the dilution. The 2000 to 1 conversion ratio on the preferred class b shares is frightening. Just think with nearly 19 million preferred class b shares outstanding as of Jan 31 2018 they can convert into 38 billion common shares.

That seems illegal as they are really stealing money from common investors who have bought into this fake pump story about a revolutionary new smartphone. Sad story.

[Homebrew]

So insider have bags of shares to dump so they can cash out ?

[duelittle2]

Q: What has been done with old debts?

A: We are negotiating those and they will be settled without diluting the stock.

https://www.otcmarkets.com/stock/ANDI/news/ANDI--Utopya-Question-and-Answer?id=178721

[SurgeGuy2.0]

Wow! That is not good. I had a strong feeling there was significant dilution. But over 37 BILLION SHARES!!!!!

This is going nowhere.

[surfkast]

Just as I called it years ago. This will crumble.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=87547972