CYIOS Corporation (OTCPK:CYIO) entered into letter of intent to acquire Choice Wellness Brands, Inc. on April 9, 2020. Upon closing, CYIO will own 100% of Choice Wellness Brands, in exchange for the issuance of preferred stock that will have the effect of giving the shareholders of CW a 20% equity interest in the CYIOS Corporation. The transaction is anticipated to be completed this month. CYIOS Corporation (OTCPK:CYIO) completed the acquisition of Choice Wellness Brands, Inc. on May 8, 2020. John O'Shea, founder of Helio Lending has been appointed to the role of Chairman of the Board, and David Lewis, Co-Founder of Choice Wellness has been appointed as Chief Executive Officer and Member of the Board of CYIOS.