ADTM will pop huge in AM as Fri news was full of Catalysts that coming this month & first half of 2018...imo
...Company Into Pure Play Cannabis Company
Highlights:
Company has secured approximately $50 million from a mix of domestic hedge funds and foreign institutional investors to be redeployed to the most promising companies in the cannabis industry.
Company Begins Transition into Pure Cannabis Play
Accordingly, we formed a Special In-house Committee and delegated one and only one task to them: to develop and begin the implementation of a new business plan that was achievable in the short-run, sustainable in the long-run and had the potential to generate the highest return on invested capital for our shareholders. After a thorough due diligence and vetting process, we unanimously decided that it would be in our best interest to divest the Company of its existing assets to generate the needed cash to pay down nearly all of our debt obligations and even provide for some initial working capital to support our entry into the rapidly growing and very exciting legal cannabis industry, an opportunity that we will no doubt experience only once in a lifetime. However, please do keep in mind that we had to overcome many obstacles to ensure our ability to carve ourselves a small but very lucrative and growing niche in the cannabis industry.
Through the implementation of the First Phase of our business plan this month, we are confident we can reach positive cash flow very shortly. We are also working diligently towards gaining our status as a fully reporting company with the SEC and relaunching a shareholder relations program that will be designed to keep you updated on every step of our progress.
We expect to have further developments to report to you later this month and all throughout the first half of 2018. I appreciate your support and confidence and look forward to keeping you updated.
Sincerely yours,
John B. Strong
Chairman and Chief Executive Officer
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