Revenue producing opportunities.
Surfkast,
There has been alot of confusion and lack of vision - as it seems CYIO/Helio thought they could just waltz into the U.S. public market and start doing publicly traded activities with Crypto in the U.S. with little or no regulation resistance regarding crypto like it was doing in smaller ways in Australia. Strangely something they latched on to quite early was not the healthcare area and not the CBD area - but the unique very new sanitizer lineup known as 24 that was ready for a proper market - and they didn't seem to ever actually market it or understand who to market it to.
While saving CYIO would have been a great story-line for investor interest In my opinion, It was not a wise perception to have ignored the opportunity from the start and then they seemed to take a "shotgun approach" in opening a U.S. office in San Fransisco and bucking against government resistance to put cannabis dealers into the federal banking system by aiming at cannabis dealers, real estate transactions, "banking" related crypto as an asset/deposit - and crypto exchanges & how many more directions Eventually they landed on this NFT concept.
Now the reference to Crypto today is not some magical potion and with potential regulatory efforts getting more rapid on many levels (treasury, SEC, FED & banking) etc.. they are currently doing their own thing back in Australia and not with U.S. based citizens.
Now not only is Crypto turning out to not be many of the things it was supposed to be (safety against inflation, security against theft or losing value, etc.) - but its having great difficulty trying to maintain modest values at this time. But here is the rub or question I've been asking of late - NFT products are a combination of collectible art done in a derivative of Ethereum Crypto format..
NFTs were wildly popular in beginning of 2021 and much or 2021 - but have tapered back in interest as the market became flooded with choices.
My point is - if the management hasn't had a clear concise vision of their market areas and efforts - how are current or would be investors supposed to?
Our advisory board members have experiences primarily in cannabis banking concerns - except for one choice they made who seemed like a potential person who could really be valued highly relating to banking efforts because that is exactly what she did for years successfully - but we're never heard or seen her wisdom demonstrated or activated - that is a shame if her talents are as good as her experience description shows. That is the same type of miss like our 24 system of product we couldn't figure out how or who to market to. the 24 product should never have been a "general market effort". It needed to be a great product series with potential of considerable value to specific market groups that had ig appetities and needs for what those products could answer.
It seems now - that the answer MUST BE the NFT side - but again - we just don't know how much of the NFT sales we get to keep in andhow much have we partnered away or spent in getting it going..
JMHO
