News - Adama Technologies Corp.
NEW YORK, August 15, 2011 /PRNewswire/ -- Adama Technologies Corp. (OTCBB: ADAC), a clean-tech company dedicated to the remediation of contaminated brownfields, today announced the Company has currently suspended the negotiations to purchase a major mining asset in Africa.
NEW YORK, May 25, 2011 /PRNewswire-FirstCall/ -- Adama Technologies Corp. (OTCBB: ADAC), a clean-tech company, today announced that Aviram Malik, the company's CEO, will convert his entire debt into common shares. The debts have been created during the last two years of out-of-pocket financing by the CEO to establish a steady cashflow for the company's operations and to avoid unnecessary dilution to the company's shareholders. The conversion rate will be $0.015 a share and will be converted in the upcoming weeks.