Andiamo Corporation Announces Dividend Date and Ratio
Andiamo Corporation (OTC PINK: ANDI), a Wyoming holding company, is pleased to announce the dividend of shares from Sustainable Water Solutions, Inc. (SWS) has been finalized and approved by both companies. The dividend is to be dispersed to all Common shareholders of record of Andiamo as of close of business Friday, April 26, 2019. The shares will be dividend at a rate of 1 Common share of SWS for every 5,000 shares owned of ANDI, with fractional shares being rounded up.
As was reported in last week’s ANDI Blog update concerning Sustainable Water Solutions, Inc., they are moving forward with their audit, and have engaged an attorney for their Form 10 and S1 filings. We will continue to provide updates as SWS moves forward.
“As SWS was moving through their acquisition strategy, it became apparent they would need a much larger amount of funding than they could garner through Andiamo”, stated William White, CEO of Andiamo Corporation. “At that point the decision was made for SWS to go public on their own, and, in order to give value to Andiamo and its shareholders, they would leave behind shares of SWS for ANDI to hold in treasury and also to dividend to its shareholders.”
About Andiamo Corporation:
Andiamo Corporation, a Wyoming publicly traded company, is a dedicated partnership of multi-talented people striving to utilize the micro-cap world in the proper manner, with the goal of ensuring smaller companies in need of financing and direction have these resources available to them. We believe it is our duty to act responsibly and honestly to help ensure the success of our country’s greatest source of stability and job growth – the small business owner. In a realigning of our corporate focus and mission, we have transitioned from a one product company into a true source of developmental resources for other companies spread across a diverse range of industries. This rebranding of our culture and direction has enabled us to expand our role as a holding company, resulting in a marked increase in new business opportunities. Specifically, we look for established companies with recurring revenues who need a capital infusion to move their business to the next level of profitability. Follow us on Twitter @AndiamoCorp.
About Sustainable Water Solutions, Inc.:
Sustainable Water Solutions is a provider of critical water treatment solutions, offering services, systems and technologies to support its customers’ full water lifecycle needs. SWS is working to protect water, the environment and its employees, and has quickly earned a reputation for quality, safety and reliability throughout the industry.
This press release contains forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company’s actual results to differ materially from those projected in such statements. Forward-looking statements speak only as of the date made and are not guarantees of future performance. We undertake no obligation to publicly revise any forward-looking statements.