I'll spare you having to read all the way through
Post# of 29251
(Total Views: 346)
Posted On: 12/05/2018 1:58:53 PM
I'll spare you having to read all the way through them and copy the relevant points:
- The sale of the Company’s T3 Apps was never consummated and as such adjustments were made to multiple parts of the Financials including the bank balance, property and equipment, total assets, income and net income, the statement of cash flows, and Note B
- The adjusting of the price per share of the Company’s Series B Preferred was never consummated and therefore was returned to its original price of $2.00
- The subsequent events involving WeWi and CELC holdings were better clarified
- Long-term liabilities total was corrected to properly reflect the totals in Note C
- A clarification of the name change filed with Wyoming and planned subsequent actions was added to Note A
- The adjustment to the conversion rights for the Company’s Series B Preferred stock was deemed invalid per the original designation of the class and as such was rescinded
On March 5, 2018, a name change was filed with the state of Wyoming, changing the Company’s name from Andiamo Corporation to Utopya Worldwide Holdings, Incorporated. A Corporate Action requesting a name and symbol change was also filed with FINRA which was denied. Because of this denial, new management deems the name change at the state level was invalid and ill advised, and as such is currently working to amend this filing and change the name back to Andiamo Corporation at the state level.
Subsequent events to Q3:
- On May 28, 2018, the company discontinued its negotiations with CLEC Holding and let the Letter of Intent expire.
- On June 7, 2018, the Company acquired WeWi Applied Research Corp through an all-stock transaction. WeWi Applied Research Corp received the Series F in exchange for 100% of WeWi Applied Research Corp. Due to lack of performance, this acquisition was later cancelled by WeWi Applied Research Corporation.
- The sale of the Company’s T3 Apps was never consummated and as such adjustments were made to multiple parts of the Financials including the bank balance, property and equipment, total assets, income and net income, the statement of cash flows, and Note B
- The adjusting of the price per share of the Company’s Series B Preferred was never consummated and therefore was returned to its original price of $2.00
- The subsequent events involving WeWi and CELC holdings were better clarified
- Long-term liabilities total was corrected to properly reflect the totals in Note C
- A clarification of the name change filed with Wyoming and planned subsequent actions was added to Note A
- The adjustment to the conversion rights for the Company’s Series B Preferred stock was deemed invalid per the original designation of the class and as such was rescinded
On March 5, 2018, a name change was filed with the state of Wyoming, changing the Company’s name from Andiamo Corporation to Utopya Worldwide Holdings, Incorporated. A Corporate Action requesting a name and symbol change was also filed with FINRA which was denied. Because of this denial, new management deems the name change at the state level was invalid and ill advised, and as such is currently working to amend this filing and change the name back to Andiamo Corporation at the state level.
Subsequent events to Q3:
- On May 28, 2018, the company discontinued its negotiations with CLEC Holding and let the Letter of Intent expire.
- On June 7, 2018, the Company acquired WeWi Applied Research Corp through an all-stock transaction. WeWi Applied Research Corp received the Series F in exchange for 100% of WeWi Applied Research Corp. Due to lack of performance, this acquisition was later cancelled by WeWi Applied Research Corporation.
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