Replies to post #146211 on Andiamo Corp. (ANDI)

[elkonig]

At the end of October there were 19,007,860 Series Bs outstanding. At the end of January there were 18,752,860 Series Bs outstanding. The result over the three month period was a reduction of 255,000. There were about 103 shareholders in total of Series B shares on July 31, 2017.
Besides the Series B and Series C there are about $30,000.00 in toxic notes to be converted between February 1st and the end of December this year.
According to some reports it will cost ANDI somewhere near 25 million dollars to have enough phones manufactured to garner the company projected 100 million dollars in revenue for this year alone. A tall order considering the last financials indicated zero cash and barely any revenues at all.
This is more like a NIGHTMARE then it is UTOPYA.