LOAN EXTENSION AGREEMENT
Exhibit 10.3
This Agreement is entered into on September 22, 2025, by and between Helio Corporation (“Helio”) and Indicia Capital, LLC “(Lender).
| 1. | ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ the sum of $150,000 (the “Loan”), plus accrued at the base rate of 9.75% per annum. |
| 2. | The Loan was due on June 30, 2025 and has not been paid. ▇▇▇▇▇▇ elected and hereby agrees not to declare a default under the Loan subject to the provisions hereof. |
| 3. | The Loan maturity date is hereby extended to October 31, 2025. Interest shall remain at 9.75% per annum, accrued since inception of the Loan, however, in the event the Loan is not paid on a timely basis as set forth herein, interest at 18% per annum shall be deemed to have begun accruing from July 1, 2025 forward and shall be due and payable at maturity. |
| 4. | Principal payments shall be due and payable, along with accrued interest, as follows: |
| (i) | 33.33% of the Principal amount of the Loan, along with accrued interest thereon shall be due on or before October 31, 2025; |
| (ii) | 33.33% of the Principal amount of the Loan, along with accrued interest thereon, shall be due and payable on or before November 30, 2025; and |
| (iii) | All remaining Principal and accrued interest shall be due and payable on or before December 31, 2025. |
| 5. | Provided that all payments are made in a timely manner, time being of the essence, ▇▇▇▇▇▇ agrees to waive the higher interest rate herein and collect only the base contract rate of interest of 9.75% per annum. |
| 6. | All other terms and conditions of the Loan shall remain in full force and effect. |
| Helio Corporation | Indicia Capital, LLC | |||
| By: | /s/ ▇▇▇▇ ▇▇▇▇▇▇ | By: | /s/ ▇▇▇▇▇ ▇▇▇▇ | |
| ▇▇▇▇ ▇▇▇▇▇▇, President and CEO | ▇▇▇▇▇ ▇▇▇▇, Manager | |||