Core Viewpoint - Helio Corporation has appointed Mark Knauf as Chief Financial Officer to enhance financial governance and support its planned uplisting to the New York Stock Exchange [1][2][3] Group 1: Appointment and Responsibilities - Mark Knauf will oversee Helio's financial operations, capital planning, internal controls, and strategic budgeting as the company scales its space-based energy initiatives [2] - His appointment is seen as a critical step for sustainable growth and increasing institutional credibility, aimed at long-term shareholder value creation [3] Group 2: Financial Governance and Compliance - The appointment supports Helio's remediation plan to address material weaknesses in internal controls, emphasizing the need for improved financial reporting expertise and segregation of duties [3] - Helio is strengthening its financial organization to ensure adherence to GAAP, SEC reporting standards, and NYSE listing requirements [3] Group 3: Company Background and Vision - Helio is focused on pioneering space-based power systems that capture solar energy and deliver carbon-free electricity [6] - The company collaborates with various space agencies and organizations, positioning itself as a trusted partner in the space industry [6]

Core Viewpoint - Helio Corporation is launching a $20 million Initial Coin Offering (ICO) for its utility token, Mission Helio, to fund the development of space-based solar power systems while protecting shareholder equity and enhancing long-term value [1][2]. Group 1: ICO and Utility Token - The Mission Helio utility token is designed for functional use within Helio's ecosystem, providing tiered participation and usage-based benefits, but does not represent equity or profit-sharing rights [2]. - The ICO is a strategic, non-dilutive financing initiative aimed at funding Helio's proprietary space-based solar power systems, avoiding shareholder dilution and reducing reliance on traditional financing structures [2][3]. - Helio's ICO represents a first-of-its-kind financing model among publicly traded OTC companies, focusing on converting token-based capital into tangible, revenue-generating assets [5][6]. Group 2: Use of Proceeds - Proceeds from the token offering will be used to advance Helio's "Power Plants in Space" initiative, including the development of proprietary hardware and power transmission systems [4]. - The funding will also support the expansion of infrastructure assets designed to generate future revenue [4]. Group 3: Strategic Positioning - The company aims to position itself at the forefront of innovation in energy generation and financing, moving away from dilutive funding structures that erode shareholder value [3]. - Helio's strategy is to leverage alternative capital markets to support regulated, asset-based operations, thereby strengthening balance-sheet integrity [3].