Phil Marleau

IOU Financial Inc.’s Results for the Three Month Period

Montreal, May 23, 2014 – IOU FINANCIAL INC. (“IOU” or “the Company”; ticker symbol IOU/TSX-V) recorded revenue for the quarter ended March 31, 2014 of $1,344,401 versus $476,665 for the quarter ended March 31, 2013. The Company closed its first quarter of fiscal 2014 with a net loss attributable to common shareholders of $414,784, or […]

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IOU Financial Announces that it has Entered into a New Agreement to Sell Loans to the Palos/IOU High Yield Fund

MONTRÉAL, April 25, 2014 – IOU Financial Inc. (“IOU Financial”) (TSX Venture Exchange: IOU) is pleased to announce that it has entered into a new agreement with Palos Management Inc. and the Palos/IOU High Yield Fund (the “Fund”), a fund managed by Palos Management Inc., whereby its wholly-owned US subsidiary, IOU Central Inc., will have

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IOU Financial Appoints Chief Technology Officer

Montreal, Quebec, April 22, 2014 — IOU Financial Inc. (TSX Venture Exchange: IOU) (“IOU Financial” or the “Company”) today announced the appointment of Mr. Paul Hamilton as its Chief Technology Officer. Mr. Hamilton is responsible for developing the Company’s overall technology vision, driving cross-company engineering initiatives and collaborations as well as overseeing the planning, execution

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IOU Financial Inc.’s Results for the Fiscal Year Ended December 31, 2013

MONTREAL, April 18, 2014 – IOU FINANCIAL INC. (“IOU” or “the Company”; ticker symbol IOU/TSX-V) recorded financial revenues of $4,047,105 and $937,530, during both fiscal years ended December 31, 2013 and 2012 respectively. The Company closed fiscal 2013 with a net loss attributable to common shareholders of $1,444,702, or $0.03 per share, compared with a

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IOU Financial Sells Loans to the Palos/IOU High Yield Fund

MONTRÉAL, January 8, 2014 – IOU Financial Inc. (“IOU Financial”) (CNSX: IOU) is pleased to announce that it has entered into an agreement with Palos Management Inc. and the Palos/IOU High Yield Fund (the “Fund”), a fund managed by Palos Management Inc., whereby its whollyowned US subsidiary, IOU Central Inc., will have the opportunity, but

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