ADAC Adac adama technologies

[chuck44l]

ADAC Up nicely Friday on increased volume Lots of chatter the past couple of days in the chat rooms Also take note that the lower indicators are turning up nicely Support is the .11 and .10 Resistance is the 20 day MA line of .143 14 .15 .17 and a possible test of the 50 day MA line of .1916

[windough-shopper]

http://finance.yahoo.com/news/Adama-....html?x=0&.v=1


.Adama Technologies Reports on Advanced Negotiations to Merge With Privately-Held Clean Tech Enterprise
Merger Candidate Holds Approximately $4 Million in Assets & Projected Fiscal 2011 Revenue of $10 Million



NEW YORK, August 24, 2010 /PRNewswire-FirstCall/ -- Adama Technolgies Corporation - (OTC BB:ADAC.ob - News) a clean tech company specifically dedicated to brownfield remediation with a License of patented and proven technology, today announced that they entered into negotiation with a privately-held clean tech company based in Israel. The Company holds approximately $4 million in assets and expects to generate revenue of approximately $10 million in 2011.

This merger would provide Adama a host of benefits including: increased cash flow, revenue, a broadened product portfolio and access to their existing and growing client base.

"The negotiations with a company with this magnitude of business, revenue and potential, represents an enormous leap forward for Adama. We hope to enter the Letter of Intent stage in the up coming weeks at which time we will be able to release more information concerning the Merger itself and the Company involved. With adding this merger to Adama revenue projection of $8 million in 2011, as the company pilot plan with the IEPA in its last stages, we are fully cognizant of the impact of this type of merger on our Company and its shareholders," stated Aviram Malik, CEO.

About Adama Technologies Corporation

Adama is a brownfield remediation company whose foundation lies in its patented technology. The Technology successfully treats all Resource and Recovery Act (RCRA) and Universal Treatment Standards (UTS) metals. The Technology has successfully completed the U.S. (EPA) "SITE" program and is ready for commercial use. For further information, visit: http://www.adama-tech.com.

[windough-shopper]

even more news out this AM

http://www.marketwatch.com/n.asp?g=9...5F97708&d=nbst

[Jav992]

Form 8-K for ADAMA TECHNOLOGIES CORP


28-Nov-2011

Entry into a Material Definitive Agreement, Financial Statements and Exhi


Item 1.01 Entry Into a Material Definitive Agreement.
On November 18, 2011, Adama Technologies Corporation (the "Registrant") entered a Stock Purchase Agreement with ANOE SA, organized under the laws of St. Vincent and the Grenadines ("ANOE"), to acquire 477 shares, representing approximately 19.5% of the outstanding shares of YGE Mining PLC, organized under the laws of the Federal Democratic Republic of Ethiopia ("YGE"). YGE is the owner of an exclusive license to conduct exploration for gold and tantalum in an area of 40 kilometers in Ethiopia. Tantalum is used in the manufacture tantalum capacitors that are widely used in circuit designs because of their volumetric efficiency, basic reliability and process compatibility for electronic equipment such as mobile phones, DVD players, video game systems and computers. The Stock Purchase Agreement between the Registrant and ANOE, which provides for the issuance of 20,000,000 restricted shares of the Registrant's common stock in consideration for the acquisition of the YGE Shares, is attached as Exhibit 99.1 hereto.


Item 9.01 Financial Statements and Exhibits.
Exhibit 99.1 Stock Purchase Agreement between the Registrant and ANOE SA dated November 18, 2011 (Filed herewith).