Adama Technologies Corp Updates Shareholders Regarding Alpine Industries Acquisition

LAS VEGAS, NV / ACCESSWIRE / January 25, 2017 / Adama Technologies Corp. ADAC provided a shareholder update regarding the current and future outlook of Alpine Industries, a company located in Richmond, Utah that was wholly acquired by Adama Technologies recently.

According to a report issued by the company and made available on the company's website, Alpine Industries has $1,421,305.20 in existing contracts that have already been issued or awarded. Additionally, Alpine has already shipped a total of $95,897.50 worth of completed orders so far in 2017. The company will be shipping an additional $34,050 by the end of January 2017, bringing the monthly revenue for January to a total of $129,947.50. The company is also working on bids for an additional 10 new government contracts as well as 3 additional private contracts.

Mr. Keith Rosenblum, an executive director of Adama Technologies stated that this update provides only a glimpse into the potential this acquisition can actually deliver. "We are already working to identify acquisition targets as well as in discussions to add additional sales personnel that would enable us to dramatically increase our current revenue targets for 2017. This is a great niche based business that has a history of success. Our ability to grow the company and bring in additional sales is off the charts."

This revenue is a major first step for Adama Technologies and is proving that their new ownership driven strategy is working effectively. Mr. Rosenblum added, "We put in the hard work to develop a very clear vision of what we wanted to accomplish and that vision is making our choices along the way much easier. We know why we are taking the steps we are taking and we know where we need to focus our attention. This clarity is what is generating the results we are announcing today."

Contact Information:

Address:
1000 N. Green Valley
Suite 380
Henderson, NV 89074
Phone: (866) 859-8697
Website: www.AdamaTechnologies.com

Disclaimer

This release contains forward-looking statements that are based on beliefs of Adama Technologies Corp. management and reflect Adama Technologies Corp.'s current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities and Exchange Act of 1934, as amended. When we use in this release the words "estimate," "project," "believe," "anticipate," "intend," "expect," "plan," "predict," "may," "should," "will," "can," the negative of these words, or such other variations thereon, or comparable terminology, are all intended to identify forward looking statements. Such statements reflect the current views of Adama Technologies Corp. with respect to future events based on currently available information and are subject to numerous assumptions, risks and uncertainties, including but not limited to, risks and uncertainties pertaining to development of mining properties, changes in economic conditions and other risks, uncertainties and factors, which may cause the actual results, performance, or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements. The information contained in this press release is historical in nature, has not been updated, and is current only to the date shown in this press release. This information may no longer be accurate and therefore you should not rely on the information contained in this press release. To the extent permitted by law, Adama Technologies Corp. and its employees, agents and consultants exclude all liability for any loss or damage arising from the use of, or reliance on, any such information, whether or not caused by any negligent act or omission. This press release incorporates by reference the Company's filings with the SEC including 10K, 10Q, 8K reports and other filings. Investors are encouraged to review all filings. There is no assurance Adama Technologies Corp. will identify projects of merit or if it will have sufficient financing to implement its business plan. There is no assurance that the Company's due diligence on the potential acquisition of oil and gas assets will be favorable nor that definitive terms can be negotiated. Information in this release includes representations from the private companies referred to which has not been independently verified by the company. A downturn in oil prices would affect the potential profitability of the proposed acquisition negatively.

SOURCE: Adama Technologies Corp.