I hope ANDI can get those $5,000,000 worth of shar
Post# of 29251
(Total Views: 325)
Posted On: 03/23/2019 11:00:21 PM
I hope ANDI can get those $5,000,000 worth of shares back since SWS is exiting unless we get some serious dividends
https://backend.otcmarkets.com/otcapi/company...10/content
Rights and Privileges for Series F Convertible Preferred Shares of Andiamo Corporation
(1) Designation and Rank. The Series F Convertible Preferred Stock consists of 5,000,000 shares, par valued at $.00001 per share with a price of $1.00 per share. The Series F Convertible Preferred shall be senior to the common stock .
.
(3) Conversion into Common Stock.
(a) Right to Convert. If at least one (1) share of Series F Convertible Preferred Stock is issued and outstanding, then each issued shares of Series F Convertible Preferred Stock at any given time after the holder has held the stock for a minimum of one (1) calendar year, regardless of their number, shall be convertible into the shares of Common Stock of the Corporation.
(b) Conversion Ratio. For each share of Series F Convertible Preferred, the holder will receive upon Conversion, ten (10) shares of Common Stock (the “Conversion Ratio”) of the Corporation.
(4) Liquidation Preference.
(a) In the event of any liquidation, dissolution or winding up of the Corporation, whether voluntary or involuntary (a "Liquidation"
, the assets of the Corporation available for distribution to its stockholders shall be distributed as follows:
(1) The holders of the Series F Convertible Preferred shall be entitled to receive, prior to the holders of Common Stock and prior and in preference to any distribution of the assets or surplus funds of the Corporation to the holders of any other shares of stock of the corporation by reason of their ownership of such stock, an amount equal to $1.00 per share with respect to each share of Series F Convertible Preferred.
https://backend.otcmarkets.com/otcapi/company...10/content
Rights and Privileges for Series F Convertible Preferred Shares of Andiamo Corporation
(1) Designation and Rank. The Series F Convertible Preferred Stock consists of 5,000,000 shares, par valued at $.00001 per share with a price of $1.00 per share. The Series F Convertible Preferred shall be senior to the common stock .
.
(3) Conversion into Common Stock.
(a) Right to Convert. If at least one (1) share of Series F Convertible Preferred Stock is issued and outstanding, then each issued shares of Series F Convertible Preferred Stock at any given time after the holder has held the stock for a minimum of one (1) calendar year, regardless of their number, shall be convertible into the shares of Common Stock of the Corporation.
(b) Conversion Ratio. For each share of Series F Convertible Preferred, the holder will receive upon Conversion, ten (10) shares of Common Stock (the “Conversion Ratio”) of the Corporation.
(4) Liquidation Preference.
(a) In the event of any liquidation, dissolution or winding up of the Corporation, whether voluntary or involuntary (a "Liquidation"
, the assets of the Corporation available for distribution to its stockholders shall be distributed as follows: (1) The holders of the Series F Convertible Preferred shall be entitled to receive, prior to the holders of Common Stock and prior and in preference to any distribution of the assets or surplus funds of the Corporation to the holders of any other shares of stock of the corporation by reason of their ownership of such stock, an amount equal to $1.00 per share with respect to each share of Series F Convertible Preferred.
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