ANDI's IR Department has addressed this already and that response has been posted multiple times on this board along with the initial PR. Folks may want to review both. The new conversion rates are in full force. My understanding is the TA is aware of the new rates. This is huge news for ANDI common shareholders. The new conversion rate reduces conversions by a factor of 1000. So, 38 Billion shares now become a measly 38 Million shares. No longer an issue. This may be what the company was planning all along when Mike said they had some sort of "share reduction" in the works. Obviously it would have been nice to get the new conversion rates prior to the quarterly. Mike did say things were moving faster than they expected. Hence, this latest fiasco. Growing pains are not always fun and we should expect more. Having said that, some folks still think things have been moving slower than they would like. I do believe this second quarter, which starts Sunday, is going to really heat up here in Utopia Land. Big things are coming! GLTA!
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