HLEO · Helio Corp /FL/ · Insider Trading
Substantial doubt about the company's ability to continue as a going concern.
“Because of historical and expected operating losses and net operating cash flow deficits, there is substantial doubt about the Company's ability to continue as a going concern for twelve months from the issuance of the condensed consolidated financial statements, which is not alleviated by management's plans.”View the 10-Q filed Sep 14, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-06-22 | Delory Gregory Townsend |
Director, CEO and President, 10% Owner |
Other↓
Filing footnotes — Common Stock, no par value (Direct)
The reported disposition reflects the transfer of shares by the Reporting Person from his personal holdings to the holder of a promissory note issued by the Issuer, pursuant to the terms of the note. The transfer was made for no cash consideration. |
Common Stock, no par value
|
33,000 |
| 2026-06-02 | Delory Gregory Townsend |
Director, CEO and President, 10% Owner |
Other↓
Filing footnotes — Common Stock, no par value (Direct)
Shares transferred by the reporting person to third parties in exchange for services provided to the issuer with price determined as the 20 day VWAP of $2.810 prior to the date the agreements. |
Common Stock, no par value
|
10,000 |
| 2026-06-02 | Delory Gregory Townsend |
Director, CEO and President, 10% Owner |
Other↓
Filing footnotes — Common Stock, no par value (Direct)
Shares transferred by the reporting person to third parties in exchange for services provided to the issuer with price determined as the 20 day VWAP of $2.810 prior to the date the agreements. |
Common Stock, no par value
|
15,000 |
| 2026-06-02 | Delory Gregory Townsend |
Director, CEO and President, 10% Owner |
Other↓
Filing footnotes — Common Stock, no par value (Direct)
Shares transferred by the reporting person to third parties in exchange for services provided to the issuer with price determined as the 20 day VWAP of $2.810 prior to the date the agreements. |
Common Stock, no par value
|
12,500 |
| 2026-06-02 | Delory Gregory Townsend |
Director, CEO and President, 10% Owner |
Other↓
Filing footnotes — Common Stock, no par value (Direct)
Shares transferred by the reporting person to third parties in exchange for services provided to the issuer with price determined as the 20 day VWAP of $2.810 prior to the date the agreements. |
Common Stock, no par value
|
5,000 |
| 2026-06-02 | Delory Gregory Townsend |
Director, CEO and President, 10% Owner |
Other↓
Filing footnotes — Common Stock, no par value (Direct)
Shares transferred by the reporting person to third parties in exchange for services provided to the issuer with price determined as the 20 day VWAP of $2.810 prior to the date the agreements. |
Common Stock, no par value
|
2,500 |
| 2026-04-28 | Delory Gregory Townsend |
Director, CEO and President, 10% Owner |
Convert↑
Filing footnotes — Common Stock, no par value (Direct)
On April 28, 2026, shares were issued to the reporting person pursuant to an Exchange Agreement with the Issuer in which certain outstanding promissory notes (including accrued interest) were exchanged for common stock at a conversion price of $2.1845, representing the 20-day VWAP immediately preceding the conversion date. |
Common Stock, no par value
|
149,979 |
| 2025-12-04 | Delory Gregory Townsend |
Director, CEO and President, 10% Owner |
Other↓
Filing footnotes — Common Stock, no par value (Direct)
The reported dispositions reflect transfers of shares by the Reporting Person from his personal holdings to the holders of two different promissory notes issued by the Issuer, with each transfer made pursuant to the terms of the applicable note. The transfers were made for no cash consideration. |
Common Stock, no par value
|
20,000 |
| 2025-12-04 | Delory Gregory Townsend |
Director, CEO and President, 10% Owner |
Other↓
Filing footnotes — Common Stock, no par value (Direct)
The reported dispositions reflect transfers of shares by the Reporting Person from his personal holdings to the holders of two different promissory notes issued by the Issuer, with each transfer made pursuant to the terms of the applicable note. The transfers were made for no cash consideration. |
Common Stock, no par value
|
20,000 |
| 2025-12-02 | Turin Paul Stuart |
Director, Chief Engineer, 10% Owner |
Convert↑
Filing footnotes — Common Stock, no par value (Direct)
On December 2, 2025, the reporting person entered into an Exchange Agreement with the Issuer pursuant to which certain outstanding promissory notes (including accrued interest) were exchanged for common stock at a conversion price of $0.142971, representing the 20-day VWAP immediately preceding the conversion date. |
Common Stock, no par value
|
5,193,898 |
| 2025-12-02 | Delory Gregory Townsend |
Director, CEO and President, 10% Owner |
Convert↑
Filing footnotes — Common Stock, no par value (Direct)
On December 2, 2025, the reporting person entered into an Exchange Agreement with the Issuer pursuant to which certain outstanding promissory notes (including accrued interest) were exchanged for common stock at a conversion price of $0.142971, representing the 20-day VWAP immediately preceding the conversion date. |
Common Stock, no par value
|
2,204,561 |