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Jarrod Wesson
Published on
June 1, 2017
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ADAIAH DISTRIBUTIO COM USD0.001 (PTCMKTS:ADAD) has recently delivered outstanding returns. Its stock has jumped from $0.01 to $0.28 in May. The company markets pillows in the United States, Russia, and the European Union. But, we don't believe that this business was responsible for the jump. In our opinion, it was the recent acquisition of Save Your Planet Kids App and its presence on the iOS and Android mobile platforms that may help explain the market move. Before we tell you more about the company, have a look at the price action.SourceBusiness and recent developments to explain the runThe company was established in the State of Nevada on September 12, 2013. As of January 31, 2017, the annual report states that the company was focused on the custom pillow distribution business. However, without previous notice, on May 10, 2017, the company decided to enter into the profitable 3D printing industry by acquiring assets from 3D Pioneer Systems Inc. In our opinion, the company saw an opportunity and jumped on it. This was the deal. Have a look:

"Pursuant to the Agreement, Adaiah acquired certain intellectual property, apps, other assets and related contractual rights held by 3D in exchange for 1 million shares of Adaiah's common stock and a cash payment of $30,000, along with an obligation to make three (3) additional payments of $30,000 every ninety (90) days following today's closing." Source

The assets also included "a series of children's apps, called Save Your Planet Kids". The press release noted the following information about it:

"Save Your Planet Kids (Home Adventure) is an eco-educational game for toddlers and children that has been developed for Android and iOS mobile platforms. The game is sold through the distribution networks of Google Play and Amazon Store and will soon be available for iOS through the Apple Store. Through the FingerprintPlay platform we distribute our apps through Findway'sLaunchPad, Samsung Kids Tablet and Samsung's KidsTime networks and brings "Save Your Planet Kids" to millions of people around the world."

The key in that news that we learnt on May 10, 2017 was that the apps were going to be ready to be sold soon.

"Save Your Planet Kids App recently part of the asset acquisition May 10, 2017 is now available for download and purchase on iOS and Android mobile platform." Source

The same press release contained the following sentence:

"The company is also working on new updates for Save Your Planet Kids App." Source

Hence, this may not be the last time that the company delivers valuable information that actions the share price.No financial risk and it has a history of reverse splitsThe latest quarterly report was released on May 17, 2017, which contained the most recent financial information. We were glad to see that the assets liability ratio was 14x, ADAD owned different properties, and had very little long term debt. In addition, the company reported positive revenues last year. Hence, the financial risk of the company is quite small at this time. Additionally, the iHub forum reported that the company had done a reverse stock split on November 8, 2016. Check it here and here.The company is entering into different sectors, thus growing and diversifyingWe checked some of the most recent news and saw that the company is making other moves. On April 8, 2016, for example, following was noted:

"The main shareholder entered into a Letter of Intent (the "LOI"), pursuant to which he agreed to sell all of his shares in the Company to two (2) unrelated third parties. " "Mr. Wagner has indicated he is exploring the possibility of adding Angelini Trading Company as an additional operating unit of Adaiah. Angelini Trading was formed by Robert Adamo and his cousin, Richard Angelini in 2012. The Angelini and Adamo families had been merchants and artists since 1600 and Roberto had always wanted to launch a business based on Italian food products. " Source

ConclusionADAD share price declined in previous years, but it seems to be recovering at higher pace thanks to a new strategy. The company is entering into different sectors by buying assets and partnering with new shareholders. This time the company acquired assets from a company and was able to commercialize one of its apps, "Save Your Planet Kids". The news announcing the commercialization through iOS and Android mobile platform created a positive market reaction. The same press release noted that new updates would be put out. Thus, be prepared and informed to buy. New opportunities may be arising soon arise on ADAD. We will be updating our subscribers as soon as we know more. For the latest updates on ADAD, sign up below!Disclosure: We have no position in ADAD and have not been compensated for this article.

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