Over the course of the past days, Adia Nutrition Inc. (OTC: ADIA) has been in focus in the markets, and yesterday, the company was in focus yet again following a new announcement. On Wednesday, the company was in focus after it made an announcement about its uplisting plans, and in this feature, we take a detailed look into it.
The Announcement
The nutritional products and medical treatments innovator announced that it appointed a PCOAB-affiliated accounting firm for the purpose of concluding a thorough third-party audit of its books. In the news release, Adia Nutrition also announced that an appointment had been made after due consultation with the company’s accountant. It was further noted that the move had been made as part of its plans to uplist the Adia Nutrition shares to the OTCQB market from the OTC market.
Further Details
An uplisting of that nature would help the company’s stock gain greater visibility, lead to exposure to a larger pool of investors, and also demonstrate Adia Nutrition’s commitment to transparency. The company also noted yesterday that after having run a successful business model over the past year, it had decided to take the significant step of uplisting to a bigger exchange.
Key Quote
“Having a fully running business model for the past year, we are now taking this significant step towards uplisting to OTCQB,” said Larry Powalisz, CEO of Adia Nutrition. “This audit will not only validate our financial health but also open doors to a new crowd of investors who believe in our mission to revolutionize health and wellness through our unique offerings.”
