What trouble did ANDI go through? The preferred shares are printed pieces of paper misspelled from a printing shop. When I pointed out the place of printing on the return address, they left it out the new address on the new labels sent out the following week.
They actually effectively drove the PPS down to .0002, talked there common shareholders into a realized loss, planed a reverse split, and got the common shareholders to ENCOURAGE the whole thing. That's irony!!!! ANDI preyed on pinksheet investors with lack of investment knowledge.
If they cared about the share structure and the common shareholders they would have not told shareholders to dump after the "preferred shares." That kills the valuations of the reverse split. There is a HUGE difference in a 12k/1 split at a PPS of .0002 and .0004. Huge.
Guess the number #1 reason a stock tanks after a reverse split? The common holder gets fed up and dump their shares usually because there is no bid prior. ANDI talked their shareholders into dumping shares first and be happy about it.
Now they can start over with a new idea, new share structure, dilute the crap out of the shell, and effectively make the preferred shares issued restricted or financially not beneficial or to complicated to convert.
It's a scam. Think objectively...... Is there any more for anyone to lose? Look at the accounts, common holders already lost...... But are still happy, like I said before......entertaining.
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