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ZYTO divests health, wellness biz; to change name to Kailo Energy

ZYTO Corp. sold its health and wellness business to Sunflower Health LLC through a stock purchase agreement.

ZYTO, which recently revealed its intention to focus on solar energy following the acquisition of Kailo Energy, plans to change its name to Kailo Energy Inc.

The health business will go private, and the ZYTO name and branding will go to Sunflower Health, which is controlled by former ZYTO CEO Vaughn Cook.

Following the change in business focus, Kami Howard will step down as president and a director of the original ZYTO entity and will assume the position of president at Sunflower Health.