HELO CORP - HLOC STOCK NEWS

Helo Corp. to showcase NutraMatic personalized nutrition device at Moneyshow® in Las Vegas. CEO Sean McVeigh to present on AI-Enabled Customer Health and Lifestyle Optimization. NutraMatic offers AI-optimized nutrition supplements based on user biodata.

Helo Corp. (HLOC) will provide a corporate update at the Emerging Growth Conference on February 7, 2024. The update will cover the international investigational study, NutraLife™ Community Growth Awards, and NutraMatic™ production status. CEO Sean McVeigh will share insights on the progress of Helo AI™ and NutraMatic™, aiming to disrupt the wellness and nutritional supplement industries.

Helo Corp. (HLOC) to Provide Corporate Update at Emerging Growth Conference on January 11, 2024

Helo Corp. (HLOC) announces Kevin Fuller as president of Helo AI and chief marketing officer, with a strong background in product development and marketing. Fuller's experience with leading technology and wellness companies will contribute to the momentum of Helo's AI platform and upcoming products.

Helo Corp. (HLOC) introduces NutraMatic, a revolutionary AI-driven supplement device, at a recent event in Taipei, Taiwan. The device, based on the Helo AI platform, provides precision supplements and personalized wellness recommendations based on individual user biodata. NutraMatic is expected to be available for shipping in the second quarter of 2024, with plans for an international investigational study to further personalize the solution.

Helo Corp. (OTC PINK:HLOC) announces its third quarter 2023 results and plans to present at the Emerging Growth Conference on December 6, 2023. Despite challenging sales, the company has executed strategic restructuring initiatives to reduce costs and position for profitability and growth. The management team will discuss upcoming business initiatives and planned product launch during the conference.

Helo Corp (OTC PINK:HLOC) reported significant declines in its 2022 annual results. The company’s revenue fell to $31.2M, down 52% from $64.7M in 2021. Despite a slight improvement in gross margin to 32%, the company incurred an operating loss of $4.3M, compared to a profit of $11.7M the previous year, leading to a notable net loss of $3.8M. Key factors cited for the downturn included the impact of COVID-19 on international travel and sales engagement. Helo has initiated strategic restructuring to optimize spending and expand its product portfolio. The company ended the year with $8.8M in cash and no debt, positioning itself for potential growth in 2023.

Helo Corp (OTC PINK:HLOC) has announced a strategic agreement with Vyvo Smart Chain Ltd. and VSC Tech Pte. Ltd. to enhance its wearable technology offering. The collaboration aims to enable users to control and monetize their health data through a blockchain-based platform. Under the agreement, Helo will license software and pay a fee, with a total of US$5 million set for the deal. This initiative represents a significant move in Helo's strategic restructuring and aims to provide a unique selling proposition in the competitive wearable industry.

Helo Corp. (OTC PINK:HLOC) announced its third quarter 2022 results, reporting revenues of $3.8 million, an 85% decline year-over-year. Despite this downturn, CEO Sean McVeigh expressed optimism for stronger fourth quarter revenues, driven by the recent launch of the BioSense Health Band. Gross margin improved by 1400 basis points to 82%, while net loss narrowed to $35,795. The company ended the quarter with $8.1 million in net assets and no debt, signaling a stable financial position amidst restructuring efforts.