LAS VEGAS, NV / ACCESSWIRE / December 6, 2017 / Adama Technologies Corp. (OTC PINK: ADAC) announced today that they have chosen a strategic partner to launch their new digital currency that will be called CryX. CryX will a cyber, cryptocurrency that will be traded and exchanged within a cyber store owned, operated, and managed by Adama Technologies Corp. Additionally, CryX will be exchanged on a new cryptocurrency exchange site called Bit Trader Live, which is found online at www.BitTraderLive.com.
Eric Sills, CEO of Adama Technologies, commented on the announcement saying, "We are really focused on two aspects of this new digital currency venture. First, we are planning to build a first-class, online, retail platform that allows users to buy and sell goods of all kinds while allowing payment to be made in a whole variety of cyber and cryptocurrencies. Secondly, we have partnered with BitTraderLive.com to allow users to exchange our currency to increase accessibility and demand of our coin."
The company plans to release a beta version and testing site for their online retail space within the next two weeks and hopes to have the coin in place on BitTraderLive.com by early 2018. The Company has allowed a portion of the site to go live to offer a preview of what will be brought to the market. The site is located at www.Cryx.shop.
Mr. Sills continued, "Our team of designers and developers have really caught the vision of what we are trying to build and what we will accomplish in blending and marrying the cryptocurrency and online retail sectors. We plan to give people an entirely unique online retail experience and offer them flexibility and freedom in how they choose to pay for their purchases. Our partnership with BitTraderLive is a huge leap forward in allowing us to accomplish and achieve the vision we have outlined for this exciting new opportunity."
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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.