Adia Nutrition, Inc. (ADIA)

[Jason Coombs]

The Preferred share repurchase is $20K but that's not the only amount they want paid as a condition of doing what must be done to move forward. They both claim to have granted loans to ADIA, either personally or through their respective companies.

I don't believe there were any loans given to ADIA but I do believe they are being honest when they offer to stop causing problems and to exit provided that their expenses are paid in addition to the $20K for the Preferred share repurchase.

The bottom line number they have named is $50K. As long as that number resolves all outstanding issues especially the nullification of the improperly-issued share certificates from 2013 then there is a scenario in which payment of the $50K would not be outrageous and wrong. I'm still trying to understand whether there is anything of potential value they could provide in return for the extra $30K -- does anyone believe LVVV stock will ever hold any value, or that LiveWire will ever grow?

Maybe ADIA raises $50K and repurchases the Preferred shares to redeem and extinguish them (as was my original intent for the shares in 2006, and the agreement for the final disposition of the shares when PIVX became ADIA in 2011) and invests $30K in LVVV shares to terminate all agreements and relationships between ADIA and LVVV. I see value in that plan, and I know that other investors do also.