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Posted On: 03/15/2019 11:37:46 AM
Post# of 29251
It appears the SWS was completed. IMO
Back in November SWS had two confidential LOI'S with two Water treatment Companies that have yearly revenue about 8Mill per year.
This deal, while not in our usual space, can bring stable and recurring revenues to ANDI, and as an added bonus, Mr. Keer has an offer for direct funding of acquisitions, state Mr. White
Then in the State of the Company letter it states that at the end of Nov. Sustainable Water Solutions Inc. (SWS), is an all preferred stock, non-dilutable deal. SWS currently has two letters of intent in place which could lead to annual revenues approaching $8 million dollars. The goal is to have both LOI’s converted into Stock Purchase Agreements by the end of the year. ( Little late but appears march 29 is the new deadline) , SWS will begin its “road show” in order to secure the direct funding for acquisitions. Which I believe is the $3m
Then In feb: Sustainable Water Solutions, Inc. (SWS), has signed a Letter of Engagement with an Investment Banking Firm. The Firm has been engaged to assist SWS in raising $30 Million in funding for current and future acquisitions. The funding will go directly to SWS and be non-dilutive to Andiamo Corporation shareholders. As the agreement moves forward, additional details will be forthcoming
Then today: Sustainable Water Solutions, Inc. ("SWS"
, a subsidiary of Andiamo Corporation (OTC PINK: ANDI) has entered into a stock purchase agreement with the first of its two acquisitions with a scheduled closing date of March 29, 2019
https://backend.otcmarkets.com/otcapi/company...40/content
https://backend.otcmarkets.com/otcapi/company...71/content
https://www.otcmarkets.com/stock/ANDI/news/An...?id=217863
https://www.otcmarkets.com/stock/ANDI/news/Su...?id=221589
Hope this helps, Still trying to grasp it myself.
Back in November SWS had two confidential LOI'S with two Water treatment Companies that have yearly revenue about 8Mill per year.
This deal, while not in our usual space, can bring stable and recurring revenues to ANDI, and as an added bonus, Mr. Keer has an offer for direct funding of acquisitions, state Mr. White
Then in the State of the Company letter it states that at the end of Nov. Sustainable Water Solutions Inc. (SWS), is an all preferred stock, non-dilutable deal. SWS currently has two letters of intent in place which could lead to annual revenues approaching $8 million dollars. The goal is to have both LOI’s converted into Stock Purchase Agreements by the end of the year. ( Little late but appears march 29 is the new deadline) , SWS will begin its “road show” in order to secure the direct funding for acquisitions. Which I believe is the $3m
Then In feb: Sustainable Water Solutions, Inc. (SWS), has signed a Letter of Engagement with an Investment Banking Firm. The Firm has been engaged to assist SWS in raising $30 Million in funding for current and future acquisitions. The funding will go directly to SWS and be non-dilutive to Andiamo Corporation shareholders. As the agreement moves forward, additional details will be forthcoming
Then today: Sustainable Water Solutions, Inc. ("SWS"
, a subsidiary of Andiamo Corporation (OTC PINK: ANDI) has entered into a stock purchase agreement with the first of its two acquisitions with a scheduled closing date of March 29, 2019 https://backend.otcmarkets.com/otcapi/company...40/content
https://backend.otcmarkets.com/otcapi/company...71/content
https://www.otcmarkets.com/stock/ANDI/news/An...?id=217863
https://www.otcmarkets.com/stock/ANDI/news/Su...?id=221589
Hope this helps, Still trying to grasp it myself.
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