Friday, January 30, 2015 5:35:07 PM
When I agreed to work on a long-term turnaround of PivX Solutions, Inc. in 2006 the company had millions of dollars of short-term creditor liabilities and a substantial burn rate.
It was always perfectly clear to everyone that the turnaround was going to take decades, and that's what I signed up to do. The only way to make it go faster is to burn a few million dollars of capital on useless corporate cleanup, which I refused to participate in doing because I strongly disagreed with spending investor money in that way.
The people who supported AND FUNDED the launch of Adia Nutrition and who promised to complete a "going private" transaction for the PivX legacy assets in cybersecurity, forensics and crowdfunding industries as part of turning PIVX into ADIA are responsible for the condition of ADIA.
If you're honestly interested in understanding the reality of what has happened since 2004 and what is happening next, you should start by reading all of the past SEC filings:
http://www.otcmarkets.com/stock/ADIA/filings
Keeping your reality filter stuck in #ignore mode makes for good rhetoric and furthers your desire to insult and disparage but prevents you from actually being informative to anyone.
If you'd like to read my private correspondence with the SEC you can contact me directly and I will provide you, or anyone else who asks, with copies under NDA until I choose to publish it myself in the future. My correspondence with the SEC about PIVX/ADIA would help you quickly understand the reality of this situation but if you are already well-informed about what it takes to grow a startup and how federal and state securities regulations work in practice then you would perhaps be able to perceive many of these non-obvious issues yourself by reviewing the comprehensive public record related to PIVX/ADIA back to inception.
Recent ADIA News
- Nutrition Company Trading Higher on Line of Credit and Strategic Expansion • AllPennyStocks.com • 07/25/2024 04:40:00 PM
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- Form 1-A/A - Offering Statement [Regulation A]: [Amend] • Edgar (US Regulatory) • 06/10/2024 07:15:08 PM
- Form 1-A/A - Offering Statement [Regulation A]: [Amend] • Edgar (US Regulatory) • 05/24/2024 08:14:33 PM
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