Adama Technologies Corporation (OTCPK:ADAC) acquired SafeGuard PII Corp. from Identity Theft Business Solutions, Inc. for $2 million on March 7, 2017. The terms of the transaction with Safeguard were an asset purchase of the technology in software for $2 million, payable in restricted shares of stock. Post transaction, Mark Brown, the founder of SafeGuard, will be staying on as both Board member as well as President and Chief Operating Officer of SafeGuard. Adama Technologies Corporation (OTCPK:ADAC) completed the acquisition of SafeGuard PII Corp. from Identity Theft Business Solutions, Inc. on March 7, 2017.