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Adia Nutrition Inc. (OTC: ADIA) Stock Surges As Company After a Key Breakthrough

Pete Matthews

There are a number of companies that are going to be on the radars of investors this morning, and one of those could be Adia Nutrition Inc. (OTC Pink: ADIA). The company, involved in regenerative medical treatments and nutritional products, announced that its shell risk designation status had been removed.

Key Breakthrough

In the news release from Adia Nutrition on Wednesday, the company announced that the OTC Markets had removed the above-mentioned designation in a major development. It was noted that the development was a major breakthrough since it would speed up the company’s aim to uplist to the OTCQB Venture Market from OTC Pink Sheets. Adia Nutrition also extended its gratitude to the authorities at the OTC Markets for taking the swift action and helping it hit the key milestone.

Further Information

The company also noted that the removal of the designation was also a demonstration of its continued commitment to transparency, greater investor visibility, and growth. The removal of the designation was a key necessity in order to work towards the uplisting. The company had been working with the OTC Markets to fulfill its requirements so as to get the much-sought-after uplisting. 

Key Quote

“We’re thrilled to have the shell risk designation lifted so quickly, and we sincerely thank OTC Markets for working with us to make this happen on our accelerated path to the OTCQB,” said Larry Powalisz, CEO of Adia Nutrition. “With this hurdle cleared, I’m more confident in sharing exciting updates and information with our investors—details I wouldn’t have been able to disclose before. This milestone reflects our momentum, and it’s just the beginning of what’s to come.”

Technicals

+/- EMA(20)0.0662 (+5.74%)
+/- SMA(50)0.0342 (+104.68%)
+/- SMA(200)0.0152 (+360.53%)
5-Day Perf.-22.22%
1-Month Perf.+438.46%
3-Month Perf.+1300%
6-Month Perf.+566.67%
YTD Perf.+976.92%
1-Year Perf.+366.67%
RSI(14)54.74
ATR(14)0.02
ADX(14)26.26

Pete Matthews

Pete attended the University of Colorado and still calls the centennial state home. He chases trout in the summer and snowboards in the winter. He is fascinated with the markets and has a strong interest in nanocap stocks and crypto currency.