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trader59

08/05/18 3:11 PM

#199680 RE: havnagoodtime #199676

Once they merge, the financials of ANDI includes everything, all the money, assets, debt, contracts, etc., no matter the source. Once there are public investors, everything about the company has to be reported to those investors. It is protection for those investors so that the company doesn't take off with their money.

The notion of "secret" money or a secret stockpile of phones is ludicrous. Were the company to do that, they could sell those phones and pocket the profits and never tell their shareholders they ever existed.

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stockseekerok

08/05/18 3:18 PM

#199681 RE: havnagoodtime #199676

Well I think that was a poor choice of wording and even worse choice to decide to answer that question if not going to give full disclosure.

Its quite obvious all the parties currently involved in ANDI were all seated around the round table when this play/plan was hatched many months before the merger/acquisition was announced.

The best I can tell this plan started about July 2017/ shortly after that date starting August 1st is when LG Capital started getting shares for funding to the company

Many want to say the dillution was the old ANDI but yet in the same breath these same people will tell you that Utopya was created in about July 2017 :) And that Owen has been in control for a long time before the merger, all those share issuances were for funding to get everyone set up to launch the ANDI play :)