Replies to post #12251 on CYIOS Corporation (CYIO)

[Axle-and-Hub]

A fine analysis.

Except for some reality on a single point:

You stated :"Finally on the topic of paloma, just keep in mind that the initial proof of concept app has been focused on cannabis retailers... BUT the founder of propy has specifically gone on the record saying she has the broader entire retail market in mind."

In my opinion the Paloma effort is an "all . . . Uphill direction. Here is why. The basis of it is that the opportunity is based on cannabis retailers not being approved by the Federal Govt and as a result can't be part of the Federal and State banking system . . . Which is why the FED and the former FED chairman who is now the secretary of the treasury are already forming plans to regulate crypto based activity as well as cannabis activity.


So why? Because all of those governing authorities and all the banks that serve them make money by being part of the system. Whether it's credit cards, banking, or interstate commerce. . . They all depend on reporting how quickly they make money and how cheaply they generate money to create more money from low interest loans to any and all banks. AND they use each others systems and mechanisms to handle the speed and convenience of the other partners.

But for crypto to work with cannabis retailers means they can't work with all the other banks as entities that are part of the state and federal banking system and of course credit cards. So Imo it is very unlikely that the Paloma concept can be part of both parts of the cannabis and banking sides in order to broaden their efforts to the non-cannabis side.

As an example how can Helio possibly automate to handle 6000 retail cannabis dealers much less another 10000 or 20000 retailers? It can't. But visa and MasterCard etc in combo with 1000s of banks can do millions of transactions.

In addition by the time you get thru all the regulatory roadblocks. . The paloma/helio effort could be "starved out". And let's remember. . the Paloma concept might be clever but it is still not even making a single dollar of income. . Which is why the head of Paloma is earning money in local part-time income of local politics in order to eat etc..

And we still don't know if Helio is actually cash flowing positive. . Much less breaking even or net a single dollar of profit.

I'm just repeating. . . It's the other retail advisor who has a 13 year track record that is ACTUALLY BEIG entrepenural. Thgetting focused on her efforts could be the real winner for Helio. . But they aren't even talking about her.

Jmho.