Adamas One Corp. (Nasdaq: JEWL) has announced its intention to acquire Flawless Allure Grown Diamonds, LLP (FAGD), a key lab-grown diamond manufacturer. The acquisition includes all patents, trademarks, know-how, trade secrets, supply lists and other assets of intellectual property, as well as all material assets, including property and property rights currently held by FAGD. The acquisition will allow Adamas One to control all aspects of production of lab-grown diamonds.