ADAC 1 Lane Technologies Corp. featured news, full reports, and detailed charts
1 Lane Technologies Corp. (ADAC/ADAC.OB) Wrap Up:
Adama Technologies Corp. focuses on the development of security systems for mobile vehicles, trucks, and shipping containers primarily in North American and European markets. It intends to offer a wireless data platform that supports minute by minute data transmissions for use in data service, region data control relay, and short message wireless service applications. The company was formerly known as 1 Lane technologies Corp. and changed its name to Adama Technologies Corp. on March 20, 2009. Adama Technologies Corp. was founded in 2007 and is based in Hod Hasharon, Israel.Adama Technologies Corp. (ADAC:OTC Bulletin Board Market)
Snapshot of Adama Technologies Corp. (ADAC)
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OPEN
$0.03
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PREVIOUS CLOSE
$0.05
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DAY HIGH
$0.03
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DAY LOW
$0.03
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52 WEEK HIGH
07/1/09 - $0.30
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52 WEEK LOW
11/5/09 - $0.02
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MARKET CAP
2.0M
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AVERAGE VOLUME 3 mo
12.3K
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DILUTED EPS TTM
--
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SHARES OUTSTANDING
78.6M
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ADAC Does Not Pay Dividends
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P/E TTM
NM
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| K = Thousands M = Millions B = Billions | ||
ADAC Top Compensated Officers
Executives, Board Directors
Key developments for Adama Technologies Corp. (ADAC)
Adama Technologies Corp. announced that the board of directors has appointed Benny Karasik as a member of the board, to serve until his successor is duly appointed and qualified. On the same date, Asher Zwebner was elected chief financial officer and principal accounting officer of the company and Benny Karasik was also elected treasurer and secretary of the company both to serve at the discretion of the board.
Adama Technologies Corp. announced that the company is in advanced exploration of a project, in South Africa, to implement its licensed MBS technology for brownfield remediation to accommodate plans to construct hotels and an amusement park. The architects, engineers and builders must build on non-contaminated soil. Adama's licensed technology will allow for a swift and effective solution that will meet governmental standards. This application specifically demonstrates the crucial need for the company's abilities where any building is planned. Not only does it successfully remediate heavy metals, it also impacts the budgets and forecasts for major construction entities, where time is money.
Adama Technologies Corp. announced the company has been approved to conduct a major pilot of its patented Molecular Bond Solution (MBS) Technology in Israel in conjunction with the country's Ministry of the Environment. Adama will utilize MBS technology to remediate approximately 3,000 tons of contaminated soil on a brownfield that previously housed a battery manufacturing plant. The soil on the site is contaminated with large quantities of heavy metal waste materials. The pilot represents the first time MBS technology will be approved for use outside of the United States. The technology has already been tested and approved for use by the United States' Environmental Protection Agency.
ADAC Competitors
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| No competitor information is available for ADAC. | |||
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Industry Analysis
| Valuation | ADAC | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | 0.5x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
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ADAC |
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ADAC transactions
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| No transactions in the last 6 months. | ||
