Just as I stated prior to March of 2021 - the normal process when a company acquires another company is that the company potentially being acquired provides the acquiring company up to date financials so shareholders can evaluate.
shareholders knew CYIO had some debt concerns but no public (non insider shareholders of CYIO) had any awareness or knowledge of Helios financials until middle of summer (and that was after all acquisition processes were completed).
I believe many believed Helio was doing much better after 3 full years in business and their quite upbeat rhetoric) and believed Helio was doing much better than financially that was finally reported. By that disclosure timeframe the stock was down from 50+ cents to a 30 cent level and below. The stock price has never rebounded even to the 20 cent level.
Also since that timeframe - I'm not aware of any followup financial reporting nor have there been any news announcements of any successful income generating sales or incomes.
Finally - some posters were slapping each other on the back and pumping that our prior revenue as CYIO (only) was reported so much larger after the combined financials of the two companies was even though there was a huge loss.
It never made any sense being excited about greater gross revenues because it was 2 companies combined where before it was only CYIO.
If Helio had been shown to be profitable or even close to profitable on its own it might have had some semblance of logic - but the reality was not even close to gross profitable - much less net profitable.
Apparently so. Almost as bad as hoping for news and updates. There has been fluff news and updates for over two years. The bottom line is the bottom line. There is no revenue from operations. I am still not happy with an investor, which I say in quotes,is getting 10"s of millions of shares, which begs the question as to when the new scheme was cooked up.
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