Replies to post #2340 on Adama Technologies Corp (fka ADAC)

[Im-Smart-Juan]

1-They have made these promises before, I posted the news, nothing came of it

2-They admit, they need to raise money, at .01, they cant, they will need a massive reverse split to raise money

3-If tire and waste are separate projects, and tire is going to be funded by EU etc, what does ADC bring to the table? NOTHING!

4-The waste deal seems like a pig in a pokey, read it again, they say IF it works, they make money, etc, read it again, there is nothing firm in there


In sum, I see that they make promises they cant deliver on, they did it all thru 2009 and are doing it now

One final point, when they say they are talking to Solucorp about the MBS deal, what does it really mean? Did they lose it? After all, they owe them $800,000 and cant pay



In sum, they need money, they have no money, they cant raise money, without a reverse split

And the final point, WHY ANNOUNCE A BUYBACK WHEN YOU HAVE NO MONEY TO BUY BACK STOCK ND HAVE NO INTENTION OF BUYING BACK STOCK? Answer=To pump stock!

[wish4luck]

Thanks for posting the info. I'm still here and will be for the long haul. Everyone knows I don't like the noise and bashing that comes when a stock is going to make a move. I'm still green and I'm happy.

[snp500]

Thanks for the post on the email. Not sure how to absorb that info, sounds good but no definitive results. My question is when is he going to push his company into the open for new buyers. If he wanted more capital to make these business transactions he should "hype" (not untruthful hype) this company. Not lie but spread the word about what is going on and how it will impact the company. If he were to put a little effort on this aspect he, and we, would have plenty of capital to accomplish the goals needed to make this all it can be. If this company is really on the verge of great things he should be pleading his case and selling his confidence. We just don't have buyers, that is all we need. He needs to know this, as he probably does, but needs to know it is priority for this to work. Simple equation----- Good Company + Exposure = Enough capital to move forward.