The Previous "Driver of the Car" has Nothing to do with the Current One..!!
Mike may have spoken too soon on the 20th of Dec, but in order to "Clean Up" the "Old ANDI"...in preparation for the "New UTOP" perhaps some hard deals / concessions had to be Made...??!!
Just bc there may have been some "dilutive dealing" to "Clean House" to get to FINRA and the "New Direction" ....does NOT mean, such "dealing" will be used going Forward...!!
The ticker symbol is still ANDI so until the ticker symbol changes (assuming FINRA ever approves the corporate action request) when talking about this Issuer I will be referring to it by its current ticker symbol ANDI.
Changing the name of the Issuer doesn't change the share structure or existing debts.
You will still have your shares even if a name/symbol change is approved by FINRA. Dustin Secor will still have all of his Series B Preferred shares even if a name/symbol change is approved by FINRA as will all the other Series B Preferred share holders. And the debt Note holders will still have their debts.
When Michael Starkweather "acquired" control of the ANDI shell he acquired everything that comes with it (outstanding shares and debts included). All you have to do is look at the recently filed March 22, 2018 disclosure to see that all the outstanding shares and debts are still there.
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