After repaying $935K to its CEO, Adia Med has only clinic and equipment leases left.
Adia Med, Inc. (OTCQB: ADIA) has fully repaid a $935K unsecured revolving credit facility to its CEO, Larry Powalisz. The repayment, completed in two installments, eliminates the company's debt and simplifies its remaining obligations to operating leases for its clinic and equipment. According to the company, this strengthens its financial position and balance sheet.
