Replies to post #54730 on Andiamo Corp. (ANDI)

[hopeandpray]

I think that ronshappy is using a different math scenario. I think they believe that the preferred shares are the CEO's way of preventing an unwanted takeover or buyout. Their trust in the cEO supercedes the potential problem of the preferreds. This argument is going to go nowhere because there are two different schools of thought here. My opinion: the answer is somewhere in the middle, the amount of preferreds need to be addressed as they slowly have been. No knock on Ron, but being so far into ANDI and being the best cheerleader also makes him a little defensive and come across as a jerk.