AudioMonster Online Inc. (OTCBB:AMMQ) is pleased to announce that the company has entered into a share purchase agreement to acquire 100% of the outstanding shares of ADS Technologies Inc. of Tempe, Arizona. The agreement calls for AudioMonster to pay total consideration of $14,000,000 of which AudioMonster shall pay $9,000,000 by issuance of a three-year promissory note to the Vendor.