Adama Technologies Corp. (fka ADAC)

[BIOCHEMUP]

01/02

“We are extremely excited to get this news and are confident this will be the first of several new contracts for the company,”

The Company stated that they are continuing to bid additional projects and contracts and expect to be awarded additional contracts as the current administration is allocating additional funds for military and defense upgrades.

25/01

The company is also working on bids for an additional 10 new government contracts as well as 3 additional private contracts.

Mr. Rosenblum commented on that acquisition, “We will be providing our shareholders with some additional updates regarding that transaction in the coming weeks. That deal and the entire structure is really the result of our focus on ownership and management and this deal will put revenue on the books of Adama during this quarter.”

“We have worked so hard to transition Adama from a development company to an actual owner, operator within the tech sector,”

20/01

Mr. Keith Rosenblum, an executive director of Adama Technologies stated that this acquisition represents a strong turning point for the company, “We are harnessing the power of private equity and blending that with the liquidity and strength of the public markets and using the best of both of those models to acquire healthy, productive companies and improve and strengthen those companies to generate and even better more profitable outcome. This is a success story in the making and we are all very excited.”