die news der letzten tage. mal sehen was diese woche noch an news kommt bez. des clean tech deals. und wann sie anfangen die 20. mio. aktien zurück zu kaufen. der kurs steigt ja schon bei 1 mio. 30% :-)
Date : 08/24/2010 @ 7:29AM
Source : PR Newswire
Stock : Adama Technologies Corp (BB) (ADAC)
Quote : 0.0091 -0.0012 (-11.65%) @ 4:02PM
Adama Technologies Reports on Advanced Negotiations to Merge With Privately-Held Clean Tech Enterprise
Adama Technolgies Corporation - (OTC BB:ADAC) a clean tech company specifically dedicated to brownfield remediation with a License of patented and proven technology, today announced that they entered into negotiation with a privately-held clean tech company based in Israel. The Company holds approximately $4 million in assets and expects to generate revenue of approximately $10 million in 2011.
This merger would provide Adama a host of benefits including: increased cash flow, revenue, a broadened product portfolio and access to their existing and growing client base.
"The negotiations with a company with this magnitude of business, revenue and potential, represents an enormous leap forward for Adama. We hope to enter the Letter of Intent stage in the up coming weeks at which time we will be able to release more information concerning the Merger itself and the Company involved. With adding this merger to Adama revenue projection of $8 million in 2011, as the company pilot plan with the IEPA in its last stages, we are fully cognizant of the impact of this type of merger on our Company and its shareholders," stated Aviram Malik
Date : 08/25/2010 @ 6:08AM
Source : PR Newswire
Stock : Adama Technologies Corp (BB) (ADAC)
Quote : 0.0091 -0.0012 (-11.65%) @ 4:02PM
Adama Technologies Reports on Final Draft to Purchase a Unique, Patented Clean-Tech Technology
Adama Technologies Corporation - (OTC BB:ADAC) a clean tech company specifically dedicated to brownfield remediation with a Licensed of a patented and proven technology, today announced that it is in its final draft to purchase a patented Clean-Tech technology that has proved its uniqueness in the last couple of years with more than 200 implementations across Israel. The technology has been generating a steady US$1 million in revenue for its owners with margin exceeding 30%. The purchase of the technology will expand Adama's technology portfolio and the cross-marketing opportunities worldwide.
Further information will be released pending finalization of the agreement's last details, due in the next week or so.
"The uniqueness of this patent will surely strengthen Adama's marketing abilities with its current clients and potential prospects. There is no doubt that the technology's past and present list of clients are a real benchmark and a proof to its potential worldwide," stated Aviram Malik, CEO of Adama Technologies. "It is amazing how the technology has successfully generated revenue of US$ 1 million on a regular basis in Israel alone and without any real marketing efforts."
NEW YORK, August 31, 2010 /PRNewswire via COMTEX/ -- Adama Technologies Corporation (OTCBB:ADAC), a clean tech company dedicated to brownfield remediation with a licensed, patented and proven technology (MBS), today announced that the Board of Directors has authorized the company to repurchase up to 20 million shares of the Company's common stock at a price of up to $0.035 per share.
The share repurchases will be made through the open market through unsolicited or solicited privately negotiated transactions. The purchases will be funded with the company's available cash and a bridge loan, should it become necessary to secure this type of loan.
The timing of purchases will be determined by Adama's Board of Directors, who will base their decisions on stock price, corporate and regulatory requirements, capital availability and other market conditions. The stock purchased through the buyback will be held as treasury shares and might be used for general corporate purposes, including reissuances in connection with acquisitions, employee stock options plans and other issues which would advance the Company's mission.
"We are thoroughly committed to our shareholders and to growing Adama into an internationally recognized environmental remediation company, exploiting our technology while allowing for viable, clean and sustainable options for government agencies and private sectors entities," stated Aviram Malik, CEO.
