ADA Farm, according to their website, is a privately owned poultry farm in Bulacan. I have not seen the exact address nor I have been to the farm. They do claim that it is existing though. What is certain is that they have offices in Caloocan and Cebu and are planning to open some more offices. The company does ask for investors to register an account at ADA and then purchase chicks at php 50 each with a minimal purchase of 10 chicks. The return of investment is 80% after 60 days.
So is ADA Farm a scam? I'd say not exactly as I did invest in the company and I did get a return of 80% after 60 days. Or maybe not an exact 60 days, its more like 70 days due to some delay. The company model though is more like a ponzi scheme wherein the payouts are really from payins. Meaning new investor's money is being used to pay for the existing investors. I am not saying that it is a ponzi but more like it.
Is ADA Farm paying? Yes it is paying, but as the company is still new, expect that it is not as smooth as what you might expect. Bottomline is that it is paying.
So if you want to invest go ahead and register an ADA Farm account and message us for details or help. https://facebook.com/poultrynegosyo

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