News

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 […]

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

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

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