ANDI/UTOP has addressed this several times and their response from the IR Department has been posted on this board several times. For those that missed this, in summary, the Series-B conversion rate has been sliced by a factor of 1000 and it is in affect immediately! All parties responsible have been notified which includes the main character, the Transfer Agent. The paperwork may take a while to catch up but there is absolutely no doubt as to whether the new conversion rate is in affect or not. This is huge for the common shareholder. We now cut the possible shares after conversion from 38 Billion to a measly 38 Million! Is this what the company meant when they said they were working on some sort of share reduction that would benefit the shareholders? Is this the company once again saying that they would be doing something and then actually doing it? I believe so. This team is so solid and considerate of us common shareholders. Go ANDI/UTOP and GLTA!
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