These restrictions are effective immediately.
Post# of 29251
Posted On: 09/11/2012 12:14:04 AM
These restrictions are effective immediately.
We believe these new restrictions and reduction will better help support the value of our
common stock and thereby be in the best interest of all of our stockholders.
This should also provide alignment of the Preferred Shareholders, the Common Shareholders and the Management of Andiamo Corporation as we all look to increasing the value of our company.
So that you may properly asses the mitigated risk of conversion, we are providing our list of Preferred B shareholder amounts listing all 102 Preferred B Shareholders as of July 31, 2012, and their respective amount of shares owned. From this table, you can extrapolate information, based on the cost to convert versus the share price and conversion rate information listed above. Additionally, with the 120 day restriction, you can also see the risk is further mitigated for any significant conversion and resultant dilution:
Do people see that even now the conversion was changed for 2000:1 to 450:1? And that is the best worst part.
We believe these new restrictions and reduction will better help support the value of our
common stock and thereby be in the best interest of all of our stockholders.
This should also provide alignment of the Preferred Shareholders, the Common Shareholders and the Management of Andiamo Corporation as we all look to increasing the value of our company.
So that you may properly asses the mitigated risk of conversion, we are providing our list of Preferred B shareholder amounts listing all 102 Preferred B Shareholders as of July 31, 2012, and their respective amount of shares owned. From this table, you can extrapolate information, based on the cost to convert versus the share price and conversion rate information listed above. Additionally, with the 120 day restriction, you can also see the risk is further mitigated for any significant conversion and resultant dilution:
Do people see that even now the conversion was changed for 2000:1 to 450:1? And that is the best worst part.
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