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Its absolutely necessary for widespread adoption for digital currencies to become feasible payment systems for things like retail goods. $ADAC is on the cusp for the push to real world day to day utility as money for cryptocurrencies. The BitTraderLive exchange, CryX currency, and the CryX shop will all work together as one ecosystem to bring this full circle into mainstream acceptance.
Newer generations of blockchain tech, such as the Lightning Network upgrade for Bitcoin, are working out how to fulfill the original vision of truly decentralized digital money.Which includes payments that can be made instantaneously. $ADAC is on the cutting edge.
Because of the bottlenecks in the Bitcoin blockchain, some have resigned themselves to seeing digital currency as a kind of new gold: a store of wealth that is hard to move around and not necessarily easily spent, but thats just blockchain 1.0. $ADAC is not satisfied with that.
$ADAC takes advantage of the glaring need in crypto market for utility and spendability.
Solid PR Yesterday: Clinical Trials Starting $LXGTF approved by IRB
$ADAC up to 88% BUY opinion on Barcharts: https://www.barchart.com/stocks/quotes/ADAC/opinion
GREAT NEWS YESTERDAY "Adama Technologies Corp Announces Revenue Numbers, Bids and Projections for Defense Contracts"
The PR about the $2mil in rev's from the Alpine subsidiary seems to have really boosted investor confidence.
We've blown past 45 resistance and surging up to 10
Yeah its great to know we are in clinical trials phase now! $LXGTF
$ADAC Breakout! up 46% heading to 10!
Looking for a great end of week for $ADAC
Great PR about REVENUES today:
About Lexington Biosciences, Inc. (CSE: LNB / OTCQB: LXGTF)
Once again, GREAT News:
In that case, "Buy the rumour and sell the news." This is the level at which you would want to accumulate for that eventuality. ;-D
Long is the way to go with $LXGTF
On the other hand I can understand the frustration when this doesnt pop 20% or more at good news. But then I suppose we would be just as frustrated if it would sink 20% on slow news weeks. But slow and steady wins the race here. The trend is still definitely up from a 100 day perspective.
LXGTF has never been a pop and drop stock. Tons of organic investor support keeps it from reacting wildly to each news cycle. Makes it nice for a long position as the trend since November is still up by a nice margin.
Yes but as your statement is pointing out itself, you didnt have to be an insider to predict that this announcement was coming soon. After all they PR'd that they had appied to IRB. Thats a very public signal that the PR that they have been approved by IRB to start clinical trials is coming right up.
Dapper you've suggested that before and its a very intriguing theory. I also hope that comes to pass. It would be the best outcome for everyone, Everyone would see the greatest benefit, including the market which could be more quickly introduced to this potentially life-saving technology.
All that is what makes $ADAC a more secure bet then you''ll find normally on the OTCm.
Not only that, but this: "The Company also stated that they have already bid on an addition $1.2 million in new defense contracts this month. Mr. Tanner continued, “There are numerous contracts that are currently being evaluated and bid on and we are really excited about the future of the business within this space. In evaluating the opportunities that exist within the defense industries along with the other business verticals Adama is currently developing and invested in, this looks like it is going to be a very exciting year on all fronts.”
Yes LONG makes sense. Lots of developments coming up to be unveiled should push this back up. Used to trade in the 25 to 45 cent range before it got behind in filings and wet no communication for awhile. But $ADACdid n't stop making money through their subsidiaries as the PR proves.
But then again we were trading lateraly range bound for almost a month, todays volume might have set off some limit trades set by some weak hands impatient traders.
Perplexing that on a great news day $LXGTF would have almost equal Buy and Sell trades.
I think there have been some swing flippers lurking about, thinking this was another shell looking to ride the crypto gravy train. But the PR today proves what a viable, diversified holding company $ADAC is. 2 million in Revs from the Alpine aerospace subsidiary is nothing to sneeze at. We should be able to convert some of those flippers to LONGS, and build in some solid support, Come for the flippin, stay for the LONG upside.
$ADAC needs to get and stay above that 5 resistance level and turn it into a new support.
Very nice to close up green 17%.
Its very good that we can now pin a date on the start of the clinical trials. It makes it much easier to see where the company is on the rest of the development to market schedule.
GREAT NEWS today!
Yeah I'm not sure what to make of it either?
Its the kind of scenario where, once you take a moment to understand what is actually on offer, you can't help but take a long position on $LXGTF. The phrase may be overused, but LXGTF is truly a world changer.
Bit of a slow down over lunch, back at it boys! Time to trade this winner some more!
YES! "revenue projections for 2018 include over $400,000 of completed government defense contracts that are expected to be paid out in the first quarter of 2018. For the full year, based on current contracts already in production, Adama expects to receive more than $2 Million in 2018 revenue from defense contracts alone."
https://finance.yahoo.com/news/adama-technologies-corp-announces-revenue-140000311.html
And you have to hand it to $LXGTF, they really raced through that IRB phase swiftly. Eric Willis and the crew are on the ball for sure.
Looks like we can finally pin a date on commencement of the clinicals. Which under typical circumstances means $LXGTF should be up for FDA clearance in about 6 months or less.
$LXGTF is in the home stretch with approval of IRB to start clinicals "With approval in-hand, the Company has engaged a clinical investigative team and research site in preparation for the process of volunteer enrollment."
This is huge! $ADAC diversification and revenue streams will ensure success in the crypto space:
Not only $2mil in revs for 2018 for currently held defense contracts, but they have also bid on $1.2 mil in additional contracts. $ADAC