NOTE 8 - PRIOR PERIOD ADJUSTMENTS

6 Months Ended

Jun. 30, 2013

NOTE 8 – PRIOR PERIOD ADJUSTMENTS

During the preparation of its June 30, 2012, the Company restated its financial statements for the three months ended March 31, 2012, to give retrospective effect to the elimination of the extraordinary gain on forgiveness of debt that was recognized in the unaudited consolidated statements as of March 31 2012. As of the date of this report settlement of $185,309 of the debt to the Company’s local legal counsel has not yet been closed, and the remaining $44,726 was reclassified to research and development expenses as follows:

	As Previously Reported			Prior Period Adjustments			As Restated


Extraordinary gain on forgiveness of debt	$	(230,126	)	$	230,126		$	—

Net loss	$	118,778		$	185,309		$	304,087

Net loss attributable to non-controlling interest	$	31,062		$	13,898		$	44,960

Net loss attributable to Andain, Inc. stockholders	$	87,716		$	171,411		$	259,127

Net loss per share (basic) attributable to Andain, Inc	$	0.00		$	(0.01	)	$	(0.01	)

ANDAIN, INC. 10-Q/A