Replies to post #66017 on Andiamo Corp. (ANDI)

[Riggler]

To answer your question, they are registering a minimum of 1 share for everyone at a new price, that one share converts into 100,000 common shares, they are mechanisms built into conversion process to eliminate people's ability to convert willynilly!!! The company has to arrange an issuance resolution, so in a normal registration statement for example 200 shareholders with 100,000 shares a piece only creates 20 million shares that become freely traded at higher prices. That's very negligible dilution. Without registration, the securities require issuance resolutions, so it works for everyone, those shares can't come out into the market, without those consent actions.