I can garruntee you that the 150 million shares held was purchased on the open market at the time when the company was in the early stages of transitioning from the mortgage title business to the app industry. I watched it go down when the stock was trading between .0006 to .0011. I dont believe you had arrived on the scene at that time, so you would have to go back in time and check out the trading volume levels that ultimately took ANDI to around .006 for a very short period. No preferred B's were converted in that period of time.
At this time you will also see an increase in the authorized shares that corresponds with the high volume. Your analysis of the large position held by the majority shareholder is flawed.
"Guarantee" the 150 million where purchased at that time? Those Mathematic Law things can be frustrating when dealing with ANDI.
I only have one post a day allowed so I will not be able to respond to your rebuttle.
Well then I will keep it simple since I posted facts to support my thesis.....................
I can guaruntee you that the 150 million shares held was purchased on the open market at the time when the company was in the early stages of transitioning from the mortgage title business to the app industry.
Just another FYI Fact. ANDI Outstanding shares increased over a BILLION shares from the tittle company to the app industry. I would suspect there was probably some volume at that time. Yeah perhaps.....
At this time you will also see an increase in the authorized shares that corresponds with the high volume. Your analysis of the large position held by the majority shareholder is flawed.
Do you mean an increase in Outstanding rather than Authorized shares at the time? Because either way really does not show a pro in your argument and both are consistent with Dilution and Preferred B share Conversion. Just an FYI