Press Releases
Adya Announces Appointment of Director - Andrew El’Lithy
May 06, 2024 11:49 PM Eastern Daylight Time
Andrew El’Lithy has over a decade of experience in engineering solutions for blockchain, telecom and infrastructure with a background in computer engineering, systems engineering and network engineering. His experience with public companies such as Graph Blockchain Inc. brings vast leadership, technology and digital economy that will offer innovative, secure, and efficient solutions
Adya Inc. Has Crossed the Border and is Trading on the OTCQB
July 25, 2022 01:47 PM Eastern Daylight Time
TORONTO--(BUSINESS WIRE)--Adya Inc. ("Adya" or the "Company") (TSX: ADYA.V; OTCQB: ADYIF) announces its journey to become a recognizable national holding company. The Company has taken its first major step of many by listing its common shares on OTCQB under trading symbol "ADYIF" effective July 21st, 2022. Adya’s vision is to be able to identify and acquire best in class products and services that customers can confidently trust in with highly intelligent software platform that enable effective, reliable, affordable communications products and services globally. The Company's shares will continue to trade on the TSX Venture Exchange under the ticker symbol "ADYA.V"
Adya Announces Closing of Transaction With Iris Technologies, Including New Board of Directors and Management, and Settlement and Payout of Debentures
November 19, 2019 06:46 PM Eastern Standard Time
TORONTO--(BUSINESS WIRE)--Adya Inc. ("Adya" or the "Company"), (TSX-V: ADYA) announces today that it has closed a private placement offering ("Private Placement") of 21,249,936 common shares of the Company ("Shares") to Iris Technologies Inc. ("Iristel") at a price per Share equal to $0.07647, for aggregate gross proceeds of $1,625,000 to the Company (the "Proceeds"), further to the Company’s press release of October 22, 2019. The Company has issued 21,249,936 Shares to Iristel, which gives it a total of 23,613,540 Shares issued and outstanding, of which Iristel holds approximately 90%.
Adya Announces Proposed Transaction With Iris Technologies, Including New Board of Directors and Management, and Settlement and Payout of Debentures
October 23, 2019 03:31 PM Eastern Daylight Time
TORONTO--(BUSINESS WIRE)--Adya Inc. ("Adya" or the "Company"), (TSX-V: ADYA) announces today that it intends to close a private placement offering ("Private Placement") of 21,249,936 common shares of the Company ("Shares") to Iris Technologies Inc. ("Iristel") at a price per Share equal to $0.07647, for aggregate gross proceeds of $1,625,000 to the Company (the "Proceeds"). There are currently 2,363,604 Shares issued and outstanding and with the issuance of 21,249,936 Shares to Iristel, the Company will have a total of 23,613,540 Shares issued and outstanding, of which Iristel will hold approximately 90%.
Adya Announces Results for the Years Ended December 31, 2017 and Restatement of Previously Issued Financial Information
May 01, 2018 10:41 AM Eastern Daylight Time
TORONTO--(BUSINESS WIRE)--Adya Inc. ("Adya" or the "Company"), (TSX-V: ADYA) today announces it has released its audited consolidated financial statements for the year ended December 31, 2017 and that it has restated certain previously issued financial information.
Adya Announces Results for the Three and Nine Months Ended September 30, 2017
November 24, 2017 09:17 AM Eastern Standard Time
TORONTO--(BUSINESS WIRE)--Adya Inc. ("Adya" or the "Company"), (TSX-V: ADYA) today announces its financial performance for the three and nine months ended September 30, 2017.
Adya has continued to deliver positive EBITDA by focusing on cost efficiencies of its core businesses and it will remain focused on product development, new growth and acquisition opportunities.
Adya Announces Results for Q2 2017
August 29, 2017 05:04 PM Eastern Daylight Time
TORONTO--(BUSINESS WIRE)--Adya Inc. ("Adya" or the "Company"), (TSX-V: ADYA) today announces its financial performance for the three and six months ended June 30, 2017.
Rajiv Jagota, President and CEO of Adya, stated, "Over the last quarter, we have continued to generate revenue from our core assets while reducing operating costs. At the same time, we maintained a strong balance sheet with a cash balance of $1,181,918 and working capital of $943,311. Although, the market for long distance service providers has been in decline to the industry as a whole, the board and management continue to focus strongly on product development and new growth opportunities to diversify our revenue streams."
Adya Announces Results for Q1 2017
May 25, 2017 10:30 AM Eastern Daylight Time
TORONTO--(BUSINESS WIRE)--Adya Inc. ("Adya" or the "Company"), (TSX-V: ADYA) today announces its financial performance for the three months ended March 31, 2017. Revenue for Q1 2017 was down 26% to $2,983,623 with a net loss of ($139,078) or ($0.003) loss per common share, compared to revenue of $4,020,921 with a net loss of ($91,684) or ($0.003) per common share for Q1 2016. As with fiscal 2016, the decline in revenue was attributed to a disruption in a service agreement in 2015 with a wireless service provider for roaming services along with forecasted market trend declines of traditional long distance services.
Adya Announces 2016 Annual Results
May 01, 2017 02:55 PM Eastern Daylight Time
TORONTO--(BUSINESS WIRE)--Adya Inc. ("Adya" or the "Company"), (TSX-V: ADYA) today announced its financial performance for the year ended December 31, 2016. Revenue for 2016 was down approximately 17% to $14,808,073 compared to revenue of $17,885,503 in fiscal 2015. This decline was contributed by a disruption in a service agreement in 2015 with a wireless service provider for roaming services along with forecasted market trend declines of traditional long distance services.
Telehop Communications Inc. to Trade as ADYA on the TSX
February 10, 2017 06:01 PM Eastern Standard Time
TORONTO--(BUSINESS WIRE)--At its recent Annual General Meeting, Telehop Communications Inc. shareholders voted in favour of changing the company's trading and holding company name to Adya Inc. ("Adya" or the "Company"). The TSX Venture Exchange has also approved the name change, and trading has commenced under the new name and ticker symbol ADYA on Thursday, February 10th, 2017.
Telehop Announces Corporation Name Change and Election of New Directors
February 02, 2017 10:02 AM Eastern Standard Time
TORONTO--(BUSINESS WIRE)--Telehop announced today that all of the matters proposed by management at its shareholders meeting held on January 31, 2017 had been approved including the change of the Corporation's name to ADYA Inc. which will take effect upon completion of regulatory approval.
Adya is traded on Toronto, Canada's Venture Exchange Stock Exchange under the symbol ADYA.V