I’m in for 10M shares with decent losses but was able to
I’m in for 10M shares with decent losses but was able to average down a good amount from my original position. I bought in around the time when Utopya was ramping up early last year and was distraught as I watched the stock fall to a fraction of its 52 week high.
I don’t care about any of that. All I care about is what is happening now and in the future. I don’t expect much if anything from Andi Mobile but am optimistic about the revenue and hopefully profit that will be generated by the JV with AC partners. I am happy about the dividends from SWS and the shares retained by ANDI should give the pps a bit of a boost.
Hopefully the SWS deal will help prop up the stock until we have Q2 financials with revenues from AC Partners and maybe SWS (if you recall SWS acquired two small but revenue generating technology companies earlier this year). So even if we never see a cent of profit from ANDI Mobile, I feel good that we should all be getting our money back and a little extra for pain and suffering in the near to near future.
I only hope that White continues to communicate in order to keep current and prospective investors comfortable that progress is being made. Let’s see what happens.
7
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