https://www.otcmarkets.com/stock/ANDI/news/Andiamo
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Posted On: 03/24/2019 10:17:20 PM
https://www.otcmarkets.com/stock/ANDI/news/An...?id=222200
Andiamo Corporation Subsidiary Moving to Go Public
Press Release | 03/21/2019
LANSING, MI / ACCESSWIRE / March 21, 2019 / Andiamo Corporation (OTC PINK: ANDI), a Wyoming holding company, is pleased to announce Sustainable Water Solutions, Inc. (SWS), is seeking to enter the public markets with the assistance of their Investment Banker, via a listing on a higher exchange, such as the NYSE or NASDAQ. As part of this going public strategy, SWS will be exiting from Andiamo. Upon exiting, SWS will issue shares to Andiamo, and the Company will dividend the majority of those shares to its shareholders with the balance being held in treasury as an asset and for possible sale at a later date. As greater details and a dividend date and amount become available, the Company will update everyone through press releases and its blog at https://andiinc.blog.
"We are extremely happy for the team at SWS and even more so for our shareholders", stated William White, CEO of Andiamo Corporation. "We feel the opportunity to issue a dividend of a higher exchange listed company's shares and the value they will bring to Andiamo and its shareholders will be a great windfall for all involved."
Andiamo Corporation Subsidiary Moving to Go Public
Press Release | 03/21/2019
LANSING, MI / ACCESSWIRE / March 21, 2019 / Andiamo Corporation (OTC PINK: ANDI), a Wyoming holding company, is pleased to announce Sustainable Water Solutions, Inc. (SWS), is seeking to enter the public markets with the assistance of their Investment Banker, via a listing on a higher exchange, such as the NYSE or NASDAQ. As part of this going public strategy, SWS will be exiting from Andiamo. Upon exiting, SWS will issue shares to Andiamo, and the Company will dividend the majority of those shares to its shareholders with the balance being held in treasury as an asset and for possible sale at a later date. As greater details and a dividend date and amount become available, the Company will update everyone through press releases and its blog at https://andiinc.blog.
"We are extremely happy for the team at SWS and even more so for our shareholders", stated William White, CEO of Andiamo Corporation. "We feel the opportunity to issue a dividend of a higher exchange listed company's shares and the value they will bring to Andiamo and its shareholders will be a great windfall for all involved."
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