CYIOS Corp. Completes Acquisition of Crypto Lending Platform and CeFi Aggregator, Helio Lending
Company Announces Hiring of Director of Communications, Public Relations and Sponsorships
Boca Raton, Florida--(Newsfile Corp. - May 7, 2021) - CYIOS Corp. (OTC Pink: CYIO), a publicly traded company focused on developing and marketing specialty branded products in the Health and Wellness markets, is pleased to announce that it has completed the acquisition of privately held, Helio Lending, Pty Ltd. (Helio). The transaction is an all-shares restricted stock transaction with 50% of the restricted common shares being held in escrow issuable subject to performance milestones. Helio has built a unique and propriety platform enabling cryptocurrency holders to earn interest on deposits and secure loans collateralized by certain cryptocurrencies. The Company is also please to announce the hiring of Marko Radisic as Director of Communications and Public Relations including media, investor relations and sponsorships.
Mr.John O'Shea, Cyios Corp. Chairman commented, "We are very excited to have closed the acquisition of Helio. This is an important milestone for the Company and provides for a solid foundation to build upon in an emerging market that we believe can see continued market cap value expansion of cryptocurrency for the foreseeable future. As a first to market CeFi aggregator, Helio has differentiated itself as the GO-TO provider of choice offering customers an array of loan and deposit structures with the ability to pick from the best terms and rates available at any given time. Centralized finance, called 'CeFi' allows people to earn interest or get loans on their cryptocurrency by lending or borrowing through a centralized corporation. The Company has been busy building an advisory board team comprised of leading experts in the area of crypto and real estate lending who we believe can also add value and guidance on potential acquisitions. We look forward to sharing some of those advisory board appointments very soon."
Mr. O'Shea further commented, "We are very pleased to have Mr.Marko Radisic join the team as Director of Communications, Public Relations and Sponsorships. Based on the west coast of Florida, Marko adds depth to the team and a unique skill set perfectly suitable for the task at hand. With the Helio transaction now closed, a marketing budget and plan in place, Marko will be assisting the Company on numerous initiatives including; media relations and working towards expanding the awareness of the Company's CeFi aggregator platform through national articles, publications and social media; investor relations and bridging the communications gap between management and current shareholders and communicating with new investors eager to learn about the Company; sponsorships whereby the Company's subsidiaries can get signage, build brand recognition and create awareness of the Company and its numerous offerings."
Mr. Radisic commented, "I'm thrilled to have joined the Company at this time in their expansion phase. With the long awaited Helio deal now closed I'm excited to hit the ground running on numerous initiatives that we believe can add to shareholder value. With my deep roots in the racing arena, there are numerous opportunities for us to partake in sponsorship events, with the goal of having Helio plastered in as many places as we can which include upcoming race events and potential signage on various race cars. Being an investor in world of small caps myself, I find it paramount for companies to provide ongoing communication with new and existing stakeholders. My personal goal is to embrace transparency and communicate with shareholders and interested parties on our publicly stated plans and how we plan to build long-term shareholder value."
Bio for Marko Radisic;
Marko is a successful businessman and entrepreneur with a passion for professional auto racing. His drive for success and winning is found both on the track and off. On the track, Marko has achieved multiple race wins and podium finishes in GT Racing. He also holds a Guinness Book of World Records for the greatest distance travelled karting on an outdoor circuit in 24 hours (945.60 miles). Marko takes that same passion for winning in whatever he sets his sights on including having founded numerous businesses including Precision Driving Racing Team, Flirt Sushi Lounges, Weinert & Radisic Internation (wine imports with national distribution into 17 States). He has spent many years investing in small & micro-cap companies developing in-depth knowledge of the public markets and understands the importance of bridging the communications gap between management, investors and media. Marko has chaired multiple events and committees for non-profits including the Child Protection Centre and Selah Freedom.
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About CYIOS Corporation
CYIOS Corporation is a publicly traded holding company with subsidiary businesses Helio Lending and Choice Wellness Inc. Through these subsidiaries, the Company is focused on crytocurrency lending through Helio's CeFi Aggregator platform, and Choice Wellness is focused on developing and marketing specialty branded products in the Health and Wellness markets, including the "DR's CHOICE" and "24" brand of products. The team has in-depth knowledge of the health and wellness markets, financial services industry, medical and health services, and blockchain. The Company looks to develop, distribute, and license proprietary products as well as evaluate potential acquisition opportunities. Further, the Company continues to seek and evaluate attractive business opportunities and to leverage its resources and expertise to build a diversified, sustainable business model. For more information please visit www.cyioscorporation.com.
About Helio Lending, PTY LTD
Founded in 2018, Helio Lending has developed a CeFi cryptocurrency lending platform, with headquarters in Australia. Recognized as the first to market in Australia, Helio Lending was the first independent crypto lending company to actively lend within Australia. Helio has since evolved and positioned itself as the first CeFi (centralized finance) aggregator worldwide. Helio has a large panel of partners providing access to the best rates and offers for crypto loan providers as well as offering a competitive yield generating platform. Helio Lending provides holders of cryptocurrency (such as Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Ripple) with a safe and secure way to access fiat funds at the best rates, without selling any of their cryptocurrency. Helio also allows holders to earn rates on their cryptocurrency.
About ChoiceWellness, Inc
ChoiceWellness, Inc. is a health and wellness company that has brought to market the DR's CHOICE line of products, as well as the "24" Brand Hand Sanitizer products. DR's CHOICE was developed with a mission to offer Doctors and Medical Practitioners their own Professional Grade CBD BRAND with a suite of products they could stand behind and be confident to offer to their patients. Our customers can be assured that DR's CHOICE CBD products have gone through the highest scrutiny of testing for purity, potency and quality. DR's Choice products have been brought to market for Doctors and Medical Professionals seeking a better solution for patients suffering from pain, inflammation, anxiety or other persistent symptoms. For more information please visit www.choicewellnessbrands.com or email us at firstname.lastname@example.org.
FORWARD-LOOKING STATEMENTS: This release contains "forward-looking statements." Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management's current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "would," "could," "will" & other words of similar meaning in connection with a discussion of future operating or financial performance. Examples of forward-looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance. Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause the Company's actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others such as, but not limited to economic conditions, changes in the laws or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward-looking statements. Any forward-looking information provided in this release should be considered w/ these factors in mind. We assume no obligation to update any forward-looking statements contained in this report.
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