Adaiah Distribution, Inc. completed the acquisitions of apps and other assets from 3D Pioneer Systems, Inc..
May 09, 2017
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Adaiah Distribution Inc. (OTCPK:ADAD) entered into an asset purchase agreement to acquire apps and other assets from 3D Pioneer Systems, Inc. (OTCPK:DPSM) for $2.1 million on February 10, 2017. Under the terms, Adaiah Distribution will issue one million shares of Adaiah Distribution's common stock to 3D Pioneer and will pay a total of $0.12 million in equal quarterly payments, with the first payment to be made the closing. The deal includes all of 3D Pioneer's intellectual property, apps, other assets and all related contractual rights used in connection with such assets. The deal is subject to all governmental and regulatory approvals, third party consents and due diligence review.
Adaiah Distribution, Inc. (OTCPK:ADAD) completed the acquisitions of apps and other assets from 3D Pioneer Systems, Inc. (OTCPK:DPSM) on May 10, 2017.
Huaizhong Health Group Inc, formerly Adaiah Distribution Inc, is a development-stage company, which focuses on developing and distributing its products to the pillow industry. The Company distributes neck, head, donut, lumbar, decorative, throw and orthopedic pillows. Its neck pillows support the neck by providing an area for the head to rest and an area to keep the neck in alignment with the spine while sleeping. Its travel pillows provide support for the neck in a sitting position. Its donut pillows are firm pillows, which are used by individuals suffering an injury to the tailbone area or suffering pain from hemorrhoids or another ailment of the colon. Its lumbar pillows are designed to support the inward curve of the lower back, filling the space created between the lower back and the back of the chair when in a sitting position and these pillows are used to support the lower back while driving or sitting. Its decorative pillows serve to decorate the room and others.
HUAIZHONG HEALTH GROUP, INC. 
