Hio finance is a classic dead spiral finance deal, where a company is issued stock for a discount, and is free to sell the shares, which it does, normally selling it all the way below the 10 per cent discount, but still making a profit on the sale. Then getting issued more stock in the future for 10% less than the current price. Easiest way to destroy your share price.
you get this finance if your options for finance or cap raising is low. Strange hio has opted for this finance
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