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=========================================    HomeBrew Content    ==========================================
Renamed FOMO Corp.

Previously 




2050 Motors Inc. (Stock Symbol ETFM)

===>>> BUYER  BEWARE !! <<<===

Previous Filings show minuscule Assets, HUGE Debts & Liabilities.


https://www.otcmarkets.com/stock/etfm/security



 
Authorized Shares....10,000,000,000  3-27-2020     (was 3,000,000,000.....11/01/2019)
Outstanding Shares.....4,253,457,052  (Oct 23, 2020)  was 2,709,174,623  (8-28-2020)   up from 2,581,030,442  3-27-2020   
(was 
1,803,560,305.....11/01/2019)
Restricted.....205,757,538.....11/01/2019
Unrestricted....1,597,802,767.....11/01/2019
Held at DTC.....1,571,634,806.....11/01/2019
 
Authorized Shares.....3,000,000,000.....08/02/2019
Outstanding Shares.....1,292,578,072.....08/02/2019
Restricted.....205,757,783.....08/02/2019
Unrestricted.....1,086,820,289.....08/02/2019
Held at DTC.....1,060,642,030.....08/02/2019

 

===========================================================================================================================

VIK's PHONE #   630-708-0750
 
Best to block your # or use a Generic Phone. Vik is a shady character and could mis-use your personal info.

=========================================    End of HomeBrew Content    ==========================================

 

$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ BEGINING OF SPecPrototype Content $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$


INFO TOOLS

https://www.sec.gov/edgar/searchedgar/companysearch.html

https://www.otcmarkets.com/stock/ETFM/overview

FOMO CORP WEBSITE.

https://www.fomoworldwide.com/























PURGE VIRUS GEAR
https://purge-virus.myshopify.com/collections/purge-virus-gear

FOMO CORP GEAR
https://purge-virus.myshopify.com/collections/fomo-corp-gear



ETFM Security Details
Share Structure
Market Cap 
55,460,577
02/11/2021

Authorized Shares
10,000,000,000
02/11/2021

Outstanding Shares
5,437,311,492
02/11/2021

Restricted
215,744,297
02/11/2021

Unrestricted
5,221,567,195
02/11/2021

Held at DTC
5,195,404,574
02/11/2021

Float
500,000,000
04/19/2019

Par Value
No Par Value





CORPORATE NEWS AND OTC UPDATES:

FEBRUARY 23, 2021 -FORM 8K

https://www.sec.gov/Archives/edgar/data/867028/000149315221004571/form8-k.htm

 

ITEM 8.01 Other Events

 

FOMO CORP. (“FOMO”) has agreed in principle to acquire the assets of Energy Intelligence Center LLC @ www.energyintelligencecenter.com. The transaction would further propel FOMO into the clean energy market with an online energy management system generating big data. A formal transaction document is expected to be signed by all parties shortly and will be filed with a subsequent amendment to this form.

 

 
 

 

Item 9.01. Exhibits

 

(a) Exhibits. The following exhibit is filed by reference with this Current Report on Form 8-K:

 

Exhibit No.   Description
10.1   FOMO CORP. Energy Intelligence Center Letter of Intent – February 22, 2021




https://www.sec.gov/Archives/edgar/data/867028/000149315221004569/form8-k.htm
 

ITEM 3.02 Unregistered Sale of Securities

 

FOMO CORP. (“FOMO”) has closed a private placement of $200,000.00 in Series A Preferred Stock at $0.10 per share with accredited investors. Placement documents including a term sheet, securities purchase agreement (“SPA”) and associated warrant agreement are attached herewith.

 

 
 

 

Item 9.01. Exhibits

 

(a) Exhibits. The following exhibit is filed by reference with this Current Report on Form 8-K:

 

Exhibit No.   Description
10.1   FOMO CORP. Series A PIPE Term Sheet
10.2   FOMO CORP. Series A PIPE Securities Purchase Agreement (SPA)
10.3   FOMO CORP. Series A PIPE Warrant

 




https://www.sec.gov/Archives/edgar/data/867028/000149315221004542/form8-k.htm

ITEM 8.01 Other Events

 

FOMO CORP. (“FOMO”) has signed a strategic partnership with Clean Peak Energy Group, LLC (“CPE”) to offer CPE’s patented energy management solution to non-residential real estate. Both parties are discussing mutual investment. The contract further vaults FOMO and CPE into the clean building marketplace targeting the Biden Administration’s four million building goal. Terms are herewith attached.

 

Item 9.01. Exhibits

 

(a) Exhibits. The following exhibit is filed by reference with this Current Report on Form 8-K:

 

Exhibit No.   Description
10.1   FOMO CORP. Clean Peak Energy Strategic Partnership – February 22, 2021



FEBRUARY 22, 2021 - FORM  8K
https://www.sec.gov/Archives/edgar/data/867028/000149315221004443/form8-k.htm

ITEM 8.01 Other Events

 

FOMO CORP. (“FOMO”) issued the following press release on Friday, February 19, 2021 announcing a letter of intent (“LOI”) to partner with Online Energy Manager, LLC. The potential transaction would vault FOMO into the clean energy market by allowing the Company to offer energy management software/solutions to non-residential buildings - commercial and government - alongside disinfection products and services, smart lighting and HVAC installation as a “one-stop shop”.

  

FOMO CORP. SIGNS LOI WITH ONLINE ENERGY MANAGER, LLC FOR SMART BUILDING MANAGEMENT

 

Chicago, IL, February 19, 2021 - FOMO CORP. (US OTC: ETFM) is pleased to announce that it has signed a Letter of Intent (LOI) with Online Energy Manager, LLC (“OEM” - https://www.oem.us.com/), an international solutions provider of algorithmic software solutions for commercial building energy optimization. This LOI further establishes FOMO as a clean energy technology company within the growing “Clean-Tech” and smart building marketplace.

 

Established in 2008, OEM owns the patent Central Cooling and Circulation Energy Management Control System (Patent No. 8660702B2), granted by the U.S. Patent and Trademark Office (USPTO) in 2014. OEM’s trademarked Efficient Cooling and Refrigeration (ECORE-CI®) platform is based on this patented technology and serves as the foundation for OEM’s solutions that dynamically manage Heating, Ventilation, and Cooling (HVAC) systems, using non-disruptive and warranty-compliant implementation and connect to existing Building Management Systems to make facilities smarter and more energy efficient. Moreover, these solutions do not require replacing existing HVAC systems. A leading business consulting firm, that specializes in technology-based market research and analysis, assessed OEM’s patent and business model and estimated the risk-adjusted Net Present Value (rNPV) at between $17.2 and $62.4 million.

 

The ECORE Platform has been installed in nine Leadership in Energy and Environmental Design (LEED) Platinum hotels of the Starwood Group, as well as many other commercial properties including hotels and office buildings, all of which have resulted in HVAC system energy and cost savings of 20 to 35% with less than a three-year payback. ECORE also optimized a massive District Cooling Plant in the Middle East, which has installed cooling capacity of 25,000 tons (10 large chillers, each with 2,500 tons). That project yielded annual energy savings of over 15 million kilowatt hours and cost savings of $600,000. OEM offers clients an option to pay for ECORE from a share of the achieved savings, thereby minimizing or eliminating up-front costs. The low up-front costs and payments from savings provide an attractive option for customers, given the current economic challenges of COVID-19. As the world faces the continuing challenges related to climate change, reducing energy consumption is also a powerful means to reduce CO2 for long-term sustainability.

 

With the recent FOMO/OEM LOI, signed February 15, 2021, FOMO now has the following competitive advantages in the Clean-Tech marketplace:

 

  ? Use of the OEM case studies and marketing materials to attract and engage customers.
  ? License to use the OEM intellectual property to directly implement projects, where FOMO chooses to use engineers and programmers to directly service customers.
  ? 15% profit sharing on OEM’s top line revenue for customer accounts where FOMO and its network of holdings may choose to direct projects to OEM for energy saving implementations.
  ? Two (2) year option to purchase 19.9% of OEM for $2 million.
  ? Three (3) year option to purchase OEM for $10 million.

 

For consideration of these advantages, FOMO has provided OEM with a five (5) year warrant to acquire 100 million common shares of FOMO CORP. at an exercise price of $0.01.

 

Dilip Limaye, OEM CEO, remarked: “We are pleased to engage with FOMO given its growing ‘eco-system’ of companies in the clean technology sector that offer complementary technologies, such as energy efficient lighting and clean indoor air that reduce HVAC maintenance costs and increase performance. Given that FOMO’s holdings have significant client lists, our OEM team looks forward to capitalizing on the synergies that will create next-generation smart and efficient buildings.”


FEBRUARY 22, 2021 - FOMO CORP. LAUNCHES INDOOR AIR QUALITY AS-A-SERVICE (IAQaaS) TO REOPEN THE UNITED STATES

https://www.globenewswire.com/news-release/2021/02/22/2179334/0/en/FOMO-CORP-LAUNCHES-INDOOR-AIR-QUALITY-AS-A-SERVICE-IAQaaS-TO-REOPEN-THE-UNITED-STATES.html

Chicago, IL, Feb. 22, 2021 (GLOBE NEWSWIRE) -- FOMO CORP. (US OTC: ETFM) is pleased to announce that it has launched Indoor Air Quality (IAQ) as-a-Service (IAQaaS) to help schools, businesses and the government reopen. Many facility owners and operators seek improved IAQ, but they have cash flow constraints that limit their ability to make upfront payments for needed ventilation upgrades or disinfection equipment and installations. IAQ is commonly referenced across the heating, ventilation, and air conditioning (HVAC) marketplace, and the combination of ventilation and disinfection are part of the Centers for Disease Control (CDC) guidance to help reduce the spread of COVID-19. School administrators and business owners have often taken advantage of Software as-a-Service (SaaS) to “pay as you go,” and FOMO’s IAQaaS initiative now provides the same economic benefits.

One of FOMO’s planned acquisitions, SmartGuard Energy, LLC, pioneered Lighting as-a-Service (LaaS) to retrofit and finance installations at more than 300 buildings in the U.S. and Puerto Rico. Many of these accounts may welcome IAQaaS. Another one of FOMO’s planned acquisitions, EcoLite Holdings LLC, has numerous accounts that may also welcome improved indoor air quality through IAQaaS. FOMO is proactively offering this business model through its wholly owned subsidiary, Purge Virus, LLC.

Detailed information is available at https://purgevirus.com/iaq-as-a-service and additional documentation may be downloaded at https://purgevirus.com/wp-content/PURGE-VIRUS-IAQ-as-a-Service-Indoor-Air-Quality-through-proven-Bipolar-Ionization-2021-02-19.pdf

The economic advantages for IAQ as-a-Service customers are concomitant with the economic advantages for FOMO via monthly recurring revenue (MRR), creating a win-win. The margins for MRR often exceed the one-time payment for technology, which elevates the valuation of FOMO and its wholly owned subsidiaries, such as Purge Virus.

Said Charlie Szoradi, Purge Virus CEO, “We have met with many prospective customers that did not have the financial means to pay for the disinfection technology that they wanted. Now, with the FOMO IAQ as-a-Service, we can empower them to utilize state-of-the-art technology without the upfront cost burden. Purge Virus will align the most appropriate technology to existing HVAC systems, and customers can gain the benefits for a monthly service fee.”

Remarked John Kelly, Managing Member of EcoLite Holdings LLC: “We have been watching the market unfold for disinfection, and IAQaaS is a game-changing and powerful new paradigm to give our current and prospective customers an affordable way to improve their indoor air quality.”

Bill Butler, CEO of SmartGuard-Solutions, commented: “The Lighting as-a-Service model has revolutionized the lighting industry and dramatically increased our sales making LED retrofits more affordable across all industries. Our zero upfront cost and full turn key approach makes it hassle free.”

Said Vik Grover, FOMO CORP. CEO “As an incubation and acceleration company, FOMO is pleased to provide IAQ as-a-Service to help customers and create added value for our shareholders with monthly recurring revenue. We look forward to the market response, and we were inspired by early software pioneers who saw dramatic revenue increases in the adoption of their technologies with their Software as-a-Service offerings.”

 

FEBRUARY 19, 2021 – FOMO CORP. (US OTC: ETFM) is pleased to announce that it has signed a Letter of Intent (LOI) with Online Energy Manager, LLC

http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20210219:nGNXcfpzvP&default-theme=true
Chicago, IL, Feb. 19, 2021 (GLOBE NEWSWIRE) -- FOMO CORP. (US OTC: ETFM) is pleased to announce that it has signed a Letter of Intent (LOI) with Online Energy Manager, LLC (“OEM” - https://www.oem.us.com/), an international solutions provider of algorithmic software solutions for commercial building energy optimization. This LOI further establishes FOMO as a clean energy technology company within the growing “Clean-Tech” and smart building marketplace.
 
Established in 2008, OEM owns the patent Central Cooling and Circulation Energy Management Control System (Patent No. 8660702B2), granted by the U.S. Patent and Trademark Office (USPTO) in 2014. OEM’s trademarked Efficient Cooling and Refrigeration (ECORE-CI®) platform is based on this patented technology and serves as the foundation for OEM’s solutions that dynamically manage Heating, Ventilation, and Cooling (HVAC) systems, using non-disruptive and warranty-compliant implementation and connect to existing Building Management Systems to make facilities smarter and more energy efficient. Moreover, these solutions do not require replacing existing HVAC systems. A leading business consulting firm, that specializes in technology-based market research and analysis, assessed OEM’s patent and business model and estimated the risk-adjusted Net Present Value (rNPV) at between $17.2 and $62.4 million.
 
The ECORE Platform has been installed in nine Leadership in Energy and Environmental Design (LEED) Platinum hotels of the Starwood Group, as well as many other commercial properties including hotels and office buildings, all of which have resulted in HVAC system energy and cost savings of 20 to 35% with less than a three-year payback. ECORE also optimized a massive District Cooling Plant in the Middle East, which has installed cooling capacity of 25,000 tons (10 large chillers, each with 2,500 tons). That project yielded annual energy savings of over 15 million kilowatt hours and cost savings of $600,000. OEM offers clients an option to pay for ECORE from a share of the achieved savings, thereby minimizing or eliminating up-front costs. The low up-front costs and payments from savings provide an attractive option for customers, given the current economic challenges of COVID-19. As the world faces the continuing challenges related to climate change, reducing energy consumption is also a powerful means to reduce CO2 for long-term sustainability.
 
With the recent FOMO/OEM LOI, signed February 15, 2021, FOMO now has the following competitive advantages in the Clean-Tech marketplace:
 
    Use of the OEM case studies and marketing materials to attract and engage customers.
    License to use the OEM intellectual property to directly implement projects, where FOMO chooses to use engineers and programmers to directly service customers.
    15% profit sharing on OEM’s top line revenue for customer accounts where FOMO and its network of holdings may choose to direct projects to OEM for energy saving implementations.
    Two (2) year option to purchase 19.9% of OEM for $2 million.
    Three (3) year option to purchase OEM for $10 million.
 
For consideration of these advantages, FOMO has provided OEM with a five (5) year warrant to acquire 100 million common shares of FOMO CORP. at an exercise price of $0.01.
Dilip Limaye, OEM CEO, remarked: “We are pleased to engage with FOMO given its growing ‘eco-system’ of companies in the clean technology sector that offer complementary technologies, such as energy efficient lighting and clean indoor air that reduce HVAC maintenance costs and increase performance. Given that FOMO’s holdings have significant client lists, our OEM team looks forward to capitalizing on the synergies that will create next-generation smart and efficient buildings.”
Said Vik Grover, FOMO CORP. CEO: “Two of the key spokes in the wheel of sustainability are proven results and intellectual property. OEM brings both with a decade of results and a seminal patent. The IP is a springboard for machine leaning and artificial intelligence. HVAC systems are at the heart of building operations, and FOMO is now positioned to generate recurring revenue from building optimization.”

FEBRUARY 16, 2021 - FOMO CORP. Acquires Assets of Independence LED Lighting

 

https://www.globenewswire.com/news-release/2021/02/16/2176502/0/en/FOMO-CORP-Acquires-Assets-of-Independence-LED-Lighting.html
Chicago IL, Feb. 16, 2021 (GLOBE NEWSWIRE) -- FOMO CORP., (US OTC: ETFM), has acquired the assets of Independence LED Lighting, LLC (“ILED”) for 250,000 restricted Series B Preferred shares valued at $2.5 million. As part of the transaction, FOMO incurs none of the ILED debt obligations.
ILED, a U.S. manufacturer of energy-saving lighting, has a track record of quality installations that include marquis buildings such as Morgan Stanley’s Corporate Headquarters in New York City, MetLife’s offices across the U.S., and many small businesses. U.S Government “mission-critical” installations include over 30 U.S. Navy ships for Military Sealift Command, Marine Corps Base Quantico, the U.S. Department of Veterans Affairs Durham Medical Center, Walter Reed National Military Medical Center, and the Thumrait Air Base in Oman, among others.
ILED also makes grow lights, for indoor farming, which reduce the distance from farm to table. An increasing number of vacant commercial buildings can be retrofitted into indoor grow farms for lettuce, microgreens, and other vegetables. The cannabis market is also expanding rapidly across the U.S., which provides an opportunity for an ILED advanced-agriculture product line.
Vik Grover, CEO of FOMO COEP., commented, ”Following the LOI that we announced in January, we moved quickly to close this purchase. This exciting acquisition brings to us extensive products, services, and technologies in smart lighting, power over ethernet (“PoE”), and an expansive customer list spanning ten years of cultivation by ILED’s entrepreneurial and talented team. Further, Independence LED is qualified to sell to the federal government on the GSA schedule, and LED grow lighting has proven to be highly cost-effective with exceptional yield benefits in indoor farming and cannabis. Both of these areas are undergoing transformative periods of significant investment and growth.”
Charlie Szoradi, ILED CEO, commented, “As schools, businesses, and government facilities across the country and around the world push to reopen and stay open safely, COVID-19 protocols have added significantly to operating costs. The installation of LED lighting dramatically reduces operating costs. As documented by Statista, a leader of market research, there has been a massive acceleration in commercial adoption of LED lighting from an estimated 1% of total-installed lights in 2010 to over 60% in 2020. And according to Grand View Research, the global LED lighting market size was valued at $54 billion in 2019 and is projected to expand at a compound annual growth rate (CAGR) of 13.4% from 2020 to 2027."
FOMO intends to combine the majority of ILED’s assets with its planned acquisition of Ecolite LED Holdings, LLC, which is currently under audit and in due diligence. Management is assessing the formation of an indoor agriculture division to target the North American market for vegetables and cannabis, given the potential Federal legalization.
For more information on Independence LED Lighting, LLC and its parent company, FOMO CORP., visit www.independenceled.com and www.fomoworldwide.com, respectiv
 

 

FEBRUARY 16, 2021 – FORM 8k (5)

https://www.sec.gov/Archives/edgar/data/867028/000149315221003773/form8-k.htm
ITEM 8.01 Other Events
 
FOMO CORP. (“FOMO”) has closed the asset purchase of Independence LED Lighting, LLC @ www.independenceled.com for total consideration of 250,000 Restricted Series B Preferred Shares and the assumption of no debt. The transaction adds smart lighting, power over ethernet (“PoE”) solutions, grow light products for indoor farming for cannabis and other plants, approval on the GSA schedule to sell to the federal government, and certain patented intellectual property. FOMO intends to add and/or offer these assets to its planned acquisitions that operate in similar or adjacent fields as it positions itself with a clean/smart buildings solutions portfolio.
 
Item 9.01. Exhibits
 
(a) Exhibits. The following exhibit is filed by reference with this Current Report on Form 8-K:

 
Exhibit No.   Description
10.1   FOMO CORP. Independence LED Lighting, LLC Asset Purchase Agreement – 02/12/2021
 
https://www.sec.gov/Archives/edgar/data/867028/000149315221003781/form8-k.htm
ITEM 8.01 Other Events
 
FOMO CORP. (“FOMO”) has signed a letter of intent (“LOI”) to acquire 100% of the membership interests of SmartGuard Energy LLC (“SGE”). SGE consists of the businesses of LED Funding IV LLC d/b/a LED Funding (of www.smartguardUV.com) and Lux Solutions LLC. Subject to mutually agreed definitive terms and conditions to be negotiated during a 45-day exclusivity period, FOMO intends to acquire 100% of the membership interests of SGE for initial consideration of $12,000,000, of which $7,000,000 is allocated to LED Funding and $5,000,000 to LUX Solutions. Such payment shall consist of a cash payment of $3,000,000, a one-year seller note of $3,000,000 adjusted for net debt of SGE on closing, which may be redeemed in cash with a 10% prepayment penalty and/or converted in part or in full into common stock at the option of the holder at a common share price of $0.01, and restricted shares of FOMO’s Series B Preferred shares having a market valuation of $6,000,000 based on a price of $3.00 per share. The combined businesses project 2021E revenues of more than $13 million and meaningful net income, though there are no assurances. A three-year earnout based on SGE sales growth will be implemented upon completion of an analysis of SGE’s sales funnel in the USA and abroad, with options to purchase additional divisions of SmartGuard in the Robots-as-a-Service (“RaaS”) and Energy-as-a-Service (“EaaS”) spaces on terms and conditions to be negotiated.
 
https://www.sec.gov/Archives/edgar/data/867028/000149315221003789/form8-k.htm
ITEM 8.01 Other Events
 
FOMO CORP. (“FOMO”) has added Bill Butler to its Advisory Board under a three-year term. FOMO is granting Mr. Butler 20,000,000 common stock purchase warrants @ $0.01 with a three-year expiration for his services. Mr. Butler is CEO of SmartGuard UV @ www.smartguardUV.com, a smart lighting, disinfection and energy solutions provider which is under a letter of intent (“LOI”) to sell to FOMO filed under separate cover. Mr. Butler’s bio follows:
 
Bill has enjoyed a diverse and successful career on Wall Street for over 30 years. He has held leadership positions in sales and marketing with some of Wall Street’s most prestigious firms. Bill started his career at Merrill Lynch as a Financial Advisor then joined Bankers Trust as an SVP in the structured products group specializing in mortgage-backed securities. Bill joined Source Capital Group in 2000 as the co-head of Investment Banking. It was at Source Capital that Bill became dedicated to financing energy efficient technologies. It was this passion that led him to co-found LED Funding, LLC in 2014 pioneering the shared savings Lighting As-A Service model.
 
In February 2020, Bill became the CEO of SmartGuard UV to help address the COVID-19 pandemic using robots with UV lighting to disinfect buildings. Bill is responsible for marketing and finance for all SmartGuard products. He is a graduate of the University of Delaware with a Bachelor of Science degree majoring in Economics and Marketing. Bill resides in Ridgefield, CT with his family and is an active member of several local charity organizations.
https://www.sec.gov/Archives/edgar/data/867028/000149315221003799/form8-k.htm
ITEM 8.01 Other Events
 
FOMO CORP. (“FOMO”) has signed a letter of intent (“LOI”) with Online Energy Manager, LLC. Under the terms of the deal which remain to be finalized, FOMO will obtain a non-exclusive license to OEM’s root patent covering energy management software for commercial and government real estate, pay a 7.5% royalty on revenues, and obtain an option to buy 19.9% of OEM subject to milestones. The transaction potentially completes FOMO’s development of a clean smart building platform and moves FOMO into the clean energy space with software intellectual property (“IP”).
 
Item 9.01. Exhibits
 
(a) Exhibits. The following exhibit is filed by reference with this Current Report on Form 8-K:

 
Exhibit No.   Description
10.1   FOMO CORP. OEM Letter of Intent – 02/15/2021
10.2   Online Energy Manager, LLC Valuation Deck
 
https://www.sec.gov/Archives/edgar/data/867028/000149315221003802/form8-k.htm
ITEM 8.01 Other Events
 
FOMO CORP. (“FOMO”) released the following press release on February 15, 2021.
 
FOMO CORP. Announces LOI TO ACQUIRE sMARTgUARD eNERGY llc
 
Chicago, IL, February 16, 2021 – FOMO CORP. (US OTC: ETFM) has agreed to acquire SmartGuard Energy LLC (SGE). SGE consists of the following entities: LED Funding IV LLC, d/b/a LED Funding LLC, and Lux Solutions LLC.
 
Management believes the acquisition of SGE, together with the recent acquisition of Independence LED Lighting (ILED - https://independenceled.com/) and the planned acquisition of EcoLite (https://www.ecoliteled.com/), enhances FOMO’s ability to provide comprehensive solutions under the anticipated smart/clean buildings initiative for Commercial, Municipal, and Federal buildings throughout the U.S. Since 2015, SGE has retrofitted and financed installations at more than 300 buildings in the U.S. and Puerto Rico where their Lighting-as-a-Service (LaaS) model was pioneered. SGE had a combined (LED Funding plus Lux Solutions) revenue of more than $3,200,000 in 2020. The value of SGE’s potential projects in 2021 is estimated to be over $13,000,000.
 
A letter of intent (LOI) for the planned acquisition was approved by the FOMO CORP. Board and signed by William F. Butler, CEO of SmartGuard Energy LLC, and FOMO CORP. CEO, Vik Grover, on February 12, 2021. The LOI has also been filed as an 8K with the SEC, and William Butler has agreed to serve as a member of the FOMO CORP. Advisory Board.
 
Said William Butler: “We look forward to working with the FOMO team. We plan to derive value by leveraging our businesses synergies to accelerate growth and to create shareholder value.”
 
Vik Grover commented: “Our service platform continues to grow with the anticipated acquisition of the outstanding commercial lighting and green energy consulting businesses in SGE, which will nicely complement our ILED business and anticipated acquisition of EcoLite. We believe that SGE has attractive growth characteristics with its impressive sales funnel. LED Funding provides us with a resource to provide no-money-down financing options to our clients who are looking to slash their operating costs and their carbon footprint by converting to LED lighting and other green solutions.”
 
As part of the transaction, FOMO will purchase 100% of the membership interests of SGE for the following consideration, subject to adjustment based on audited results:

 
? 2,000,000 Restricted 1% Series B Preferred Shares with a market valuation of $6,000,000;
? $3,000,000 cash;
? $3,000,000 one-year seller note adjusted for net debt of SGE at closing, and;
? For each of the three years following the closing of this planned transaction, FOMO will make an additional payment to the principals of SGE whenever the sales of SGE made at regular margins exceed an annual baseline of $13,381,047. The amount of each payment will be computed at 10% of the excess of actual sales exceeding the baseline and will be paid in equity valued at the trailing 30-day average of FOMO’s share price.
 
About FOMO CORP.
 
FOMO CORP. is a publicly traded company focused on business incubation and acceleration. The Company invests in and advises emerging companies aligned with a growth mandate. FOMO is developing direct investment and affiliations - majority- and minority-owned as well as in joint venture formats - that afford emerging companies access to the public markets for expansion capital as well as spin-out options to become their own stand-alone public companies.

FEBRUARY 15, 2021 - FOMO CORP. ANNOUNCES LOI TO ACQUIRE SMARTGUARD ENERGY LLC

http://www.globenewswire.com/news-release/2021/02/15/2175649/0/en/FOMO-CORP-ANNOUNCES-LOI-TO-ACQUIRE-SMARTGUARD-ENERGY-LLC.html
Chicago, IL, Feb. 15, 2021 (GLOBE NEWSWIRE) -- FOMO CORP. (US OTC: ETFM) has agreed to acquire SmartGuard Energy LLC (SGE). SGE consists of the following entities: LED Funding IV LLC, d/b/a LED Funding LLC, and Lux Solutions LLC.
Management believes the acquisition of SGE, together with the recent acquisition of Independence LED Lighting (ILED - https://independenceled.com/) and the planned acquisition of EcoLite (https://www.ecoliteled.com/), enhances FOMO’s ability to provide comprehensive solutions under the anticipated smart/clean buildings initiative for Commercial, Municipal, and Federal buildings throughout the U.S. Since 2015, SGE has retrofitted and financed installations at more than 300 buildings in the U.S. and Puerto Rico where their Lighting-as-a-Service (LaaS) model was pioneered. SGE had a combined (LED Funding plus Lux Solutions) revenue of more than $3,200,000 in 2020. The value of SGE’s potential projects in 2021 is estimated to be over $13,000,000.
A letter of intent (LOI) for the planned acquisition was approved by the FOMO CORP. Board and signed by William F. Butler, CEO of SmartGuard Energy LLC, and FOMO CORP. CEO, Vik Grover, on February 12, 2021. The LOI has also been filed as an 8K with the SEC, and William Butler has agreed to serve as a member of the FOMO CORP. Advisory Board.
Said William Butler: “We look forward to working with the FOMO team. We plan to derive value by leveraging our businesses synergies to accelerate growth and to create shareholder value.”
Vik Grover commented: “Our service platform continues to grow with the anticipated acquisition of the outstanding commercial lighting and green energy consulting businesses in SGE, which will nicely complement our ILED business and anticipated acquisition of EcoLite. We believe that SGE has attractive growth characteristics with its impressive sales funnel. LED Funding provides us with a resource to provide no-money-down financing options to our clients who are looking to slash their operating costs and their carbon footprint by converting to LED lighting and other green solutions.”
As part of the transaction, FOMO will purchase 100% of the membership interests of SGE for the following consideration, subject to adjustment based on audited results:
  • 2,000,000 Restricted 1% Series B Preferred Shares with a market valuation of $6,000,000;
    $3,000,000 cash;
    $3,000,000 one-year seller note adjusted for net debt of SGE at closing, and;
    For each of the three years following the closing of this planned transaction, FOMO will make an additional payment to the principals of SGE whenever the sales of SGE made at regular margins exceed an annual baseline of $13,381,047. The amount of each payment will be computed at 10% of the excess of actual sales exceeding the baseline and will be paid in equity valued at the trailing 30-day average of FOMO’s share price.
 
 
 


February 10, 2021 - FORM 8K
https://www.sec.gov/Archives/edgar/data/867028/000149315221003224/form8-k.htm
ITEM 8.01 Other Events
FOMO CORP. (“FOMO”) has signed a letter of intent (“LOI”) to acquire a national HVAC services contractor based in the northeast. The business generated estimated 2020 revenues and net income of greater than $2.5 million and $350,000, respectively, having served thousands of corporate and government customers over the past 20 years. Consideration will include 650,000 restricted Series B Preferred Shares, $1,000,000 cash and a $500,000 two-year seller note. The name of the business is being held confidential for competitive reasons and until a national branding campaign has been launched.

February 8, 2021 - FORM 8K (3)

https://www.sec.gov/Archives/edgar/data/867028/000149315221002854/form8-k.htm
ITEM 7.01 Other Events
FOMO CORP. (“FOMO”) on February 7, 2021 extended an offer to acquire a nationwide HVAC services contractor generating over $2.5 million revenues and over $350,000 net income YE20. While management believes the Companies will consummate a transaction, there are no assurances, and this document is to comply with Reg FD.
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
  FOMO CORP.
     
Date: February 8, 2021 By: /s/ Vikram Grover
    Vikram Grover
    Chief Executive Officer
 


https://www.sec.gov/Archives/edgar/data/867028/000149315221002852/form8-k.htm

ITEM 8.01 Other Events
FOMO CORP. (“FOMO”) on February 7, 2021 sent the following correspondence to a website operator and requests SEC review:
ADVFN/InvestorsHub:
It is well known that since 2015, I have disagreed with your antithetical attitude on how to manage your stock platform www.investorshub.com (which is owned by ADVFN PLC - https://www.advfn.com/). Your message boards appear to have short sellers that dominate discussions, post false and misleading information, and delete bullish posts on companies to manipulate idea flow and harm share prices. Because of your severe negligence, you have massively harmed the stock and reputation of my company – this is akin to actions of your founder who was jailed for stock manipulation using your own message boards years ago. Your actions have significantly harmed my firm to the tune of many millions of dollars by your recklessness and lack of moderation of your boards. After many prior complaints to your offices, when I challenged you that I would find a way to set our shareholders free from your abusive allowances of false information, you told me that I had “less than a zero chance of nil” of taking traffic away from IHUB if I tried to create such a room on my own and “everyone else that had tried failed in the past”. Despite your ridiculous and condescending attitude on microcap idea flow, I am confronting you now with truth and transparency using Twitter, Discord (our own chat room linked to our website) and other platforms such as StockTwits.com – all of which are fair and balanced as well as a Form 8-K filed with the SEC. You do not appreciate my principles of fairness and transparency and this must and will end and I will now take this to a proper outcome that ends the misery you grant to thousands of microcap companies who have message boards on your site. I am herewith filing a formal complaint to the Securities Exchange Commission (SEC) to review these matters and this letter is herewith filed under Form 8-K for our Company FOMO CORP. ticker ETFM/OTC.
Govern yourselves accordingly,
/s/ Vikram Grover
CEO
FOMO CORP.


https://www.sec.gov/Archives/edgar/data/867028/000149315221002840/form8-k.htm

ITEM 8.01 Other Events
FOMO CORP. (“FOMO”) has extended the deadline to complete due diligence on the assets of Independence LED Lighting, LLC (“ILED”) to Friday February 12, 2021 at close of business (“COB”) 5pm Eastern Time from same on February 7, 2021. Management continues to believe the planned purchase of ILED’s assets is an attractive opportunity for FOMO to grow through sales of smart lighting, disinfection devices, energy management software/services and grow lights both to new customers and to ILED’s embedded customer list that has been generated through the course of roughly ten (10) years. Upon completion of due diligence, the asset purchase is expected to close shortly thereafter. An executed document is herewith attached as Exhibit 10.1.
Item 9.01. Exhibits
(a) Exhibits. The following exhibit is filed by reference with this Current Report on Form 8-K:
 
Exhibit No.   Description
10.1   FOMO CORP. Independence LED Lighting, LLC Extension – February 7, 2021
 


February 2, 2021 - FOMO CORP.’s Purge Virus, LLC Signs Reseller Agreement with AI Workflow Software Solutions Company WorkMerk, LLC
https://www.globenewswire.com/news-release/2021/02/02/2168362/0/en/FOMO-CORP-s-Purge-Virus-LLC-Signs-Reseller-Agreement-with-AI-Workflow-Software-Solutions-Company-WorkMerk-LLC.html
FOMO CORP.’s (US OTC: ETFM) Purge Virus, LLC wholly owned subsidiary (https://purgevirus.com/) announced today that it has signed a mutual reseller agreement with WorkMerk, LLC (https://www.workmerk.com/).
WorkMerk, LLC, the winning habits company that boasts a suite of software services which includes VirusSAFE Pro, a health and safety checklist and verification software company that enables businesses and government agencies to:
Efficiently communicate the most current Center for Disease Control (CDC), Occupational Safety and Health Administration (OSHA), and National Institute of Health (NIH) procedures and protocols to their teams in real time;
Provide health and safety compliance checklists, task reminders, and ongoing training to mobile devices;
Validate compliance with health safety standards and confirm that approved protocols have been performed through an easy-to-read dashboard; and,
Give customers confidence and peace of mind that their health and safety is a top priority.

Under the reseller agreement, Purge Virus will collaborate with WorkMerk to help leaders deploy the most appropriate protocols and advanced technology to clean indoor air and purge pathogens from schools, nursing homes, hotels, shops, and other businesses to mitigate the spread of COVID-19.
WorkMerk is a veteran-founded company that specializes in delivering workflow technologies and solutions that protect and enhance the investments its clients make in people, process and training. As a response to Covid-19, WorkMerk has added “VirusSAFE Pro” to its suite of services. The solution provides companies, regardless of size and industry, a web-based, mobile technology that empowers an organization’s managers to effectively plan and manage workplace safety.
“We see Purge Virus as a valuable complement to our WorkMerk offerings to include VirusSAFE Pro,” said John New, CEO of WorkMerk. “Given the complexity of devices across the marketplace, we expect that many of our clients will welcome the expertise that Purge Virus provides with respect to installing advanced disinfection technology for the specific needs of their facilities relative to heating, ventilation, and air conditioning (HVAC).”
Charlie Szoradi, CEO of Purge Virus said, “I have had the great fortune of knowing John New for nearly a decade, and I admire his pioneering leadership and spirit as a cutting-edge innovator. There is great synergy between our team and the WorkMerk team and we thoroughly embrace the AI that comes with their offerings. We can now further enhance our Purge Virus technology offerings to help create next-generation buildings that are safe where businesses can thrive, despite the ongoing pandemic.”
To view the most recent Purge Virus Germicidal Disinfection Webinar presented on 01/28/2021 titled, “Ultraviolet Light and Bipolar Ionization Technologies”, please click on the following link: https://purgevirus.com/disinfection-webinar/
For more information on Purge Virus and its parent company, FOMO CORP., visit: https://www.fomoworldwide.com/

January 25, 2021
FOMO CORP. Engages Schenck Strategies as PR Agency of Record to Promote Awareness of Disinfection Solutions

https://www.globenewswire.com/news-release/2021/01/25/2163403/0/en/FOMO-CORP-Engages-Schenck-Strategies-as-PR-Agency-of-Record-to-Promote-Awareness-of-Disinfection-Solutions.html

Chicago, IL, Jan. 25, 2021 (GLOBE NEWSWIRE) -- FOMO CORP. (US OTC: ETFM) is pleased to announce that it has hired Schenck Strategies (www.schenckstrategies.com) as its public relations provider and agency of record. Given the urgent need for businesses and facilities across the USA to address the lethal spread of COVID-19, Schenck Strategies will execute a strategic media relations program aimed to build and strengthen market positioning for FOMO’s wholly owned subsidiary, Purge Virus, LLC (www.purgevirus.com) and those of its recently announced partners: a rapid COVID-19 testing company, Agile Technologies Group, LLC (www.4agiletech.com), HVAC disinfection installation contractor, PVBJ Inc. (www.pvbjinc.com) and PPE Source International LLC (“PPESI”)

https://investorshub.advfn.com/uimage/uploads/2021/1/26/gppfnUntitled-1-3.png

FORM 8K
https://www.sec.gov/Archives/edgar/data/867028/000149315221001690/form8-k.htm

ITEM 8.01 Other Events
FOMO CORP.’s (“FOMO”) Purge Virus LLC subsidiary has signed a cross selling agreement with partner Company SmartGuard Solutions LLC, which is under a M&A due diligence and retainer Agreement for corporate development with FOMO. The contract is included herein as Exhibit 10.1.
 
Item 9.01. Exhibits
 
(a) Exhibits. The following exhibit is filed with this Current Report on Form 8-K:
 
Exhibit No.   Description
10.1   Purge Virus SmartGuard Sales Agreement – January 24, 2021
 


January 21, 2021 - FORM 8K/A

https://www.sec.gov/Archives/edgar/data/867028/000149315221001486/form8-ka.htm
ITEM 8.1 Other Events
On January 20, 2021, FOMO CORP. (“FOMO”) released the attached news providing additional information on its Strategic Alignment Agreement with AGILE Technologies Group, LLC, which was filed via Form 8-K on January 13, 2021.
Item 9.01. Exhibits
(a) Exhibits. The following exhibit is filed with this Current Report on Form 8-K:
Exhibit No.   Description
10.1   FOMO CORP. AGILE Technologies Group, LLC Press Release – January 20, 2021
 


January 21. 2021 - FORM 8K

https://www.sec.gov/Archives/edgar/data/867028/000149315221001486/form8-ka.htm
ITEM 8.1 Other Events
On January 20, 2021, FOMO CORP. (“FOMO”) released the attached news providing additional information on its Strategic Alignment Agreement with AGILE Technologies Group, LLC, which was filed via Form 8-K on January 13, 2021.
Item 9.01. Exhibits
(a) Exhibits. The following exhibit is filed with this Current Report on Form 8-K:
Exhibit No.   Description
10.1   FOMO CORP. AGILE Technologies Group, LLC Press Release – January 20, 2021
 

https://www.sec.gov/Archives/edgar/data/867028/000149315221001472/form8-k.htm
Item 3.02 Unregistered Sales of Equity Securities
On January 20, 2021, FOMO CORP. (“FOMO”) entered into a third-party loan agreement for $205,000, netting the Company $180,000 after OID (original issue discount) of $20,000 and legal expenses of $5,000. Terms and conditions of the loan and attached common stock purchase warrants are herein attached as Exhibits 10.1 and 10.2. As part of the financing, FOMO also issued the third-party lender ten million restricted shares of common stock. The loan has a buyout option during the six months after closing which management intends to pursue, though there can be no assurances.
Item 3.03 Material Modification to Rights of Security Holders
On January 20, 2021, FOMO CORP. retired a $115,000 third-party loan that was funded October 28, 2020 for $128,800, which included one year of accrued interest as per contract. The loan had a cap on its conversion into common stock at a per share price of $0.0007. As a result, the third-party loan and an attached 164,285,714 common stock purchase warrants, with a strike price of $0.0007, have been extinguished. At current market prices, this action removed 348,285,714 potential shares of dilution from the capital stack of the Company. The third-party loan document and warrant agreement can be located in Exhibit 10.18 of the Company’s Form 10-K for calendar year 2019, which was filed on the SEC’s EDGAR system on December 7, 2020.
Item 9.01. Exhibits
(a) Exhibits. The following exhibit is filed with this Current Report on Form 8-K:
Exhibit No.   Description
10.1   FOMO CORP. GS Capital $205,000 Debenture – January 20, 2021
10.2   FOMO CORP. GS Capital Warrant Agreement – January 20, 2021
 







January 20, 2021 - FOMO CORP's Purge Virus Partners with Agile Technologies Group to Fight Covid-19
https://www.globenewswire.com/news-release/2021/01/20/2161695/0/en/FOMO-CORP-S-PURGE-VIRUS-PARTNERS-WITH-AGILE-TECHNOLOGIES-GROUP-TO-FIGHT-COVID-19.html

Chicago, IL, Jan. 20, 2021 (GLOBE NEWSWIRE) -- FOMO CORP. (US OTC: ETFM) is pleased to announce that a Strategic Alignment Agreement has been signed between its wholly owned subsidiary, Purge Virus, LLC (PV) and AGILE Technologies Group, LLC (AGILE), a provider of highly accurate, FDA approved point-of-care rapid COVID-19 testing, technology-based screening, contact tracing, and COVID-19 safety solutions. A description of AGILE’s current offerings is provided at http://www.4agiletech.com/, and PV’s germicidal disinfection technology offerings are provided here: https://purgevirus.com/.
The Agreement between PV and AGILE, effective for 2021, includes reciprocal business referrals with AGILE focusing on an integrated solution for on-site rapid COVID-19 testing and disinfection technology, and PV focusing on supplying the most appropriate disinfection technology to AGILE’s clients.
AGILE has proven leadership in this new area of COVID-19 prevention with significant sales leadership, which has led to the purchase of PV technologies such as disinfection devices with combinations of ultraviolet, carbon filtration, and HEPA filtration as well as other devices including combinations of ultraviolet and photoplasma.
Clients that have benefitted from the AGILE integrated solution with the PV disinfection technologies include: (a prominent Native American tribe spanning Arizona and New Mexico, the City of Gary, Indiana, television production projects, movie production, professional athlete weddings, churches, sound stages, legislative showcase, and testing events coordinated with government officials). One client said “As we have utilized AGILE Technologies for the safety and prevention of this virus for our employees and guests, we have developed a respect for the integrated innovation that provides a comfortable ecosystem of prevention. These innovations and combinations have allowed us to work with assurance for safety.” Here is a summary of some of the most significant AGILE COVID-19 testing events:
City of Gary, Indiana:

Navajo Nation (under contract with the Office of the Nation’s Controller):

High-profile wedding event of NBA player:

State Legislature and local municipal official COVID-19 testing event in an area with unconfirmed, high positivity rate:

Sound Stage for a Christmas Show with a Grammy award winning entertainer:

Chicago CSO Sports Multiplex (80,000 square foot, multi-use facility):

AGILE is modifying its website, sales/marketing materials and other information to give increased exposure to the air purification solutions offered by PV including sales directly from the PV website as many inquiries have been received about individual and business sales of the PV portable air purification systems.
AGILE began testing city employees to help increase the quality and availability of municipal services and giving the city the data and controls to help manage the city’s workforce,
AGILE has been asked to expand testing to include all 76,000 residents,
AGILE had been asked to begin test for the Gary Housing Authority, Gary Public Transportation and critically needed warming centers during winter months.

AGILE instituted a new, double rapid test methodology ,
With the PV team, the safety solution includes HVAC-installed germicidal ultraviolet-C technology to eliminate coronavirus in the first six 30,000 square foot leadership and administration buildings for the Navajo Nation,
Testing personnel wore Bipolar Ionization devices for a physical layer of protection ,
The controller stated in a leadership meeting, “This is the happiest that I have seen employees in months. They feel safer now than ever during the pandemic. And, if we become aware that someone has been exposed, we know that AGILE can test everyone and identify anyone who should not be in the building until after an isolation period.”

240 people tested including hotel staff, wedding/reception staff, vendors, wedding party and guests,
With a two-day notice, AGILE tested 100 people, identified 20 with active COVID-19 infection and was able to advise them to isolate to protect families, co-workers, and others.
The entire production had been shut down twice for five days. AGILE assumed the COVID-19 safety scope of work and empowered the production team to continue production and filming to complete the television show with no additional breakages in production by identifying all infected actors, dancers, production staff, musicians, and other.
AGILE provided testing and air purification for over 500 basketball tournaments’ participants, volleyball and other sports skills camps and for individual personal trainers and all their clients.
AGILE was able to screen and prevent 27 infected individuals from attending the event with testing and screening,
Three weeks after the wedding, the bride and groom reported that there were no reports of anyone contracting the disease.

The combined work of AGILE and PV has helped to slow and stop potential super-spreader events, and the ongoing work is setting a new precedent for testing, COVID-19 screening and indoor air safety.
“We see tremendous potential in working with Purge Virus on accounts in the U.S. and around the world, given the number of areas that are seeing surges in COVID-19 and the demand for rapid testing and indoor air disinfection,” said Roderick A. Martin, Chief Managing Partner, AGILE Technologies Group, LLC.
“AGILE expands the number of potential customers for our offerings with the addition of rapid testing, technology-based screening and contact tracing and reinforces our mission to provide a ‘One-Stop-Shop’ for businesses and individuals who seek protection from COVID-19 and future viruses. Our team has been impressed with AGILE’s ability to engage clients that see the value of their integrated solution that provides rapid-testing, contact tracing, and our disinfection technologies,” said Charles Szoradi, CEO of Purge Virus, LLC.

January 19, 2021 - PURGE VIRUS
PURGE VIRUS, LLC SIGNS JOINT VENTURE WITH ELK’S PRIDE PICTURES, LLC
for INDOOR AIR QUALITY EPISODIC MEDIA and DOCUMENTARY FILM PRODUCTION
https://purgevirus.com/news/
Berwyn, PA, January 19, 2021 – Purge Virus, LLC (https://purgevirus.com/) a wholly owned subsidiary of FOMO CORP. (US OTC: ETFM), announces that it has signed a Joint Venture with Elk’s Pride Pictures (https://www.elkspridepictures.com/) to fast-track the creation of episodic/documentary film content promoting the next-generation in indoor air quality technology. All content will reside on a forthcoming proprietary website and be disseminated across social media and streaming platforms. As the episodic content is produced and shared, production will run concurrently on the documentary project, aggregating the most relevant topical elements into a cohesive narrative. The goal of the joint venture is building awareness, grass roots to mainstream, around the available technologies that can immediately help reduce the spread of COVID-19 and create healthier buildings in which to live, work and breathe, beyond the current pandemic. The final documentary film will be distributed online in full and submitted to relevant documentary film festivals.
Matthew Dunehoo, Executive Producer at Elk’s Pride Pictures, LLC said: “My interest in PV began as a financial investment.  But after researching Charlie’s history with sustainability and gaining a new appreciation for the role that germicidal air and surface disinfection can and should play in renewing our economy and facilitating our essential return to shared indoor spaces, I proposed this episodic media and documentary film joint venture. Our team feels that there is a very compelling story worth sharing here, around the science and sociological impact of disinfection technology to help us transcend the current health crisis while proactively aiding in the prevention of future outbreaks. We hope to illuminate the immediate opportunities to upgrade the standards for indoor air quality, potentially alleviating the unnecessary suffering and multi-billion-dollar annual healthcare costs incurred from a number of respiratory illnesses generated by outdated air circulation/disinfection methods currently used in our residential and commercial spaces.  By launching this project, we’re seeking to empower an audience that is best reached through clear and candid storytelling via episodic film and video content.”
“Momentum towards increasing the safety and health standards of buildings and shared spaces takes knowledge of the right technology shared over the right medium of communications.” said Charlie Szoradi, CEO, Purge Virus, LLC.  “We increasingly live in a soundbite world of video content; many people prefer to watch rather than read. Matthew and his production team have the experience and vision to communicate the story of the potential in the available technology, thus aiding in increasing awareness and adoption. In addition, this Joint Venture is especially timely given the recent COVID Relief Bill, approved by Congress and signed by President Trump, which will provide critical resources to improve indoor air quality: https://www.masslive.com/coronavirus/2020/12/covid-relief-deal-includes-billions-for-schools-to-improve-ventilation-address-learning-loss-during-the-pandemic.html”. With the Biden Administration’s commitment to reducing the spread of COVID-19, additional funding may be forthcoming to improve indoor air quality.”
January 19. 2021 - 8K

https://www.sec.gov/Archives/edgar/data/867028/000149315221001239/form8-k.htm

ITEM 8.01 Other Events
FOMO CORP.’s (“FOMO”) Board of Directors has defined a timeline for a potential change to its share structure, subject to planned financing and announced letters of intent for accretive mergers and acquisitions. The Board believes it is in the best interests of all shareholders to have clarity so that they can make informed investment decisions that may be adversely impacted by false and misleading information, rumors, and innuendo propagated in the market and through certain online forums. Management remains committed to increasing shareholder value and providing transparency for all FOMO stakeholders. There are no assurances that any potential, approved or announced financing, merger, acquisition, or corporate action will be consummated.
https://www.sec.gov/Archives/edgar/data/867028/000149315221001243/form8-k.htm
ITEM 8.01 Other Events
FOMO CORP. (“FOMO”) has released an updated Company Executive Summary for investors. Management believes it is in the best interests of all shareholders to have clarity so that they can make informed investment decisions that may be adversely impacted by false and misleading information, rumors, and innuendo propagated in the market and through certain online forums. Management remains committed to increasing shareholder value and providing transparency for all FOMO stakeholders. There are no assurances that any potential, approved or announced financing, merger, acquisition, or corporate action will be consummated.
https://www.sec.gov/Archives/edgar/data/867028/000149315221001250/form8-k.htm
ITEM 8.01 Other Events
FOMO CORP. (“FOMO”) has engaged programmers to update and upgrade its social network targeting the cannabis market @ www.kanab.club. The Company intends to improve chat and messaging functionality, enhance the friend finder engine, launch an e-commerce section for B2B and B2C sales of CBD products and services and other offerings, deploy advertising, implement search engine optimization (“SEO”) to drive high quality traffic to the site, launch e-mail campaigns to dispensaries and cannabis companies to boost awareness and user growth, and engage administrators to supervise the site. Management believes the incoming Administration and changing of the guard in Congress will lead to federal legalization of cannabis and a favorable regulatory environment for growth of Kanab Club during the coming years that large social media companies for socio-political and economic reasons cannot and will not target. A copy of the statement of work and engagement letter is hereby attached as Exhibit 10.1.




January 14, 2021 -Purge Virus, LLC, a subsidiary of FOMO CORP. ($ETFM), announced today the launch of its Disinfection Blitz program that includes 10% discounts on disinfection devices and 5% referral commissions over the first 100 Days of the incoming Administration.

https://purgevirus.com/news/

https://purge-virus.myshopify.com/collections/all

https://purgevirus.com/contact/

Berwyn, PA, January 14, 2021 – Purge Virus, LLC (https://purgevirus.com/), a wholly owned subsidiary of FOMO CORP. (US OTC: ETFM), is pleased to announce the launch of its Disinfection Blitz program that includes 10% discounts on disinfection devices and 5% referral commissions. Given that the incoming Administration is encouraging mask wearing, over the first 100 days, improving indoor air quality is an excellent way to further help schools, nursing homes, and businesses operate more safely. To further help reduce the spread of COVID-19, interested individuals can help increase awareness about the disinfection technologies and receive rewards. Purge Virus will provide 5% commissions to the individuals or companies that generate referrals for accounts that purchase their disinfection devices.

January 14, 2021 - 8K FORM (Aged Convertible Debt Down To *2* Notes $30K Total; Seeks Buyout of Oct. 2020 Loan):
https://www.sec.gov/Archives/edgar/data/867028/000149315221001010/form8-k.htm
ITEM 8.01 Other Events
FOMO CORP. (“FOMO”) is hereby updating investors regarding convertible debentures and accrued interest and penalties as of January 13, 2021. Three loans totalling $30,000 in principal due to “Jabro” and “Other” listed in the Company’s SEC filings for 2019-2020 remain unable to be confirmed. No documentation of such loans was provided by prior management, previous accountants, or prior auditors when FOMO’s current management was appointed on or around March 6, 2019 and the lenders have never contacted the Company. In discussion with the Company’s audit firm Boyle CPA, LLC, management believes it is appropriate to move these undocumented loans out of debt and increase shareholders’ equity if/when extinguished as part of the Company’s 2020 financials, which are being prepared.
Separately, though substantial common shares have been reserved for conversions of “aged loans” subject to Rule 144, management believes reserves as of today are conservative at an estimated *20x* amounts required by lenders because, at the times of these loans, the Company’s common stock price was substantially lower than current levels. These shares are irrevocably pledged as per legally binding documents signed by management and the Company’s transfer agent. Accordingly, they are not issued, and any remaining shares not used for conversions by lenders are expected to be released back to the Company for its own corporate reserves. In fact, one lender has converted their remaining $18,000 principal note with interest and penalties funded November 21, 2019 (#13 as per the convertible debt schedule on Form 10-Q filed December 29, 2020) and is therefore expected to return an estimated several hundred million shares in reserve to FOMO. Management believes any returns of reserves should mitigate the need for an increase in authorized shares or other corporate actions including a change to the Company’s share structure.
As of January 14, 2021, only two aged loans remain to two lenders which total an estimated $30,000 in principal, interest, and penalties. These loans convert at a 50% discount to the lowest price of the Company’s common stock during the 20 sessions prior to conversion notice. All the Company’s loan documents are on file as exhibits and listed in the Company’s recently filed Form 10-K for 2019. Based on FOMO’s recent stock price performance (OTC:ETFM) and the terms of these loans, this suggests potential new shares issuance upon conversion of an estimated 75,000,000, which is less than 1.5% of the total outstanding common shares of the Company and 3%-5% of the Company’s recent weekly average volume of trading in its common shares.
Additionally, a lender which sued the Company for a 2017 loan in default is entitled to 123,749,264 remaining common shares out of a total settlement of 1.5 billion common shares. These shares were due to be issued to pay back $283,000 in principal, interest and penalties demanded by a third-party lender in a lawsuit brought in October 2019, which was settled and amended thereafter. The original lawsuit, settlement, and terms of the subsequent 2020 amendment are on file in Forms 8-K, 10-K and 10-Q filed in November 2019 and in December 2020.
Regarding other debentures outstanding, the Company borrowed $115,000 in a convertible debenture on October 28, 2020, which provided a net $98,000 after OID, legal and broker fees used to restart its business plan and bring its financials SEC current. Management intends to pursue a buyout of the note to mitigate dilution. A buyout would provide runway to obtain more permanent financing for the Company and its recently completed acquisition of Purge Virus LLC (www.purgevirus.com) and planned acquisitions under letter of intent (“LOI”) of Independence LED Lighting LLC (www.independenceled.com) and EcoLite Holdings, LLC (www.ecoliteled.com). Under the buyout option of this loan agreement, the Company has the right to retire the note for principal plus one-year interest with no premium. Successful repurchase of said note will also extinguish half the warrants attached to the loan which will mitigate dilution and overhang to FOMO’s common stock, in management’s opinion. The terms of this loan can be found in the exhibits section of FOMO’s Form 10-K for 2019, which was filed on December 7, 2020.


January 13, 2021 - ETMF hosted a strategic call with PurgeVirus.com (Sub), IndependenceLED.com (LOI) and SmartguardUV.com (Partner). 
Disinfection products f/EcoLite were offered for cross-sale to all entities.

https://smartguarduv.com/

https://www.youtube.com/watch?v=cqn2g7JWeLg
https://investorshub.advfn.com/uimage/uploads/2021/1/14/%5beplfsmartguard-uv-blog-1030x590.jpg


January 13, 2021 - Form 8K OTC Markets

https://www.sec.gov/Archives/edgar/data/867028/000149315221000934/form8-k.htm
ITEM 8.01 Other Events
FOMO CORP. (“FOMO”) hereby notifies investors that it has created an investor chat room on Discord (https://discord.com) to provide accurate and transparent information on the Company and a forum for fair debate and analysis of its common stock:
https://discord.gg/3tyYyyRq
Since assuming its role as management on or around March 5, 2019, it quickly became apparent that a concerted smear campaign was being coordinated against the Company by and on certain microcap investor forums. Some of these chat rooms are moderated by cohorts who have consistently deleted posts by investors and continually slander/libel the Company and its founders/management. FOMO CORP. is preparing a complaint about one such site with regulators, including FINRA (Financial Industry Regulatory Authority @ https://www.finra.org/about), as these tainted chat rooms are damaging its business prospects and reputation in the capital markets. Management believes such negative campaigns may be remedied by amendments to Section 230 of the Communications Decency Act of 1996, as operators of information sites have a duty to provide fair and accurate forums for their audiences.

https://www.otcmarkets.com/filing/html?id=14615909&guid=UKUKUHdDAsh1yth

ITEM 8.01 Other Events
https://investorshub.advfn.com/uimage/uploads/2021/1/14/qrdlqagile_(2)_(2).png
FOMO CORP. (“FOMO”) and its wholly owned subsidiary, Purge Virus LLC (“PV”) have signed a strategic alignment agreement with Chicago, IL-based Agile Technologies Group, LLC (“Agile”; http://www.4agiletech.com) that includes rights of first refusal to cross-sell disinfection products to Agile’s customers and to offer COVID-19 testing services to PV customers, non-circumvention non-disclosure stipulations to protect each partner’s respective customer bases and sales pipelines, and the addition of Agile’s CEO Rod Martin to FOMO’s Advisory Board. Martin is a seasoned executive with 30 years’ experience across business and industry including the global healthcare and technology markets. As consideration, FOMO issued Agile 100,000,000 sales incentive common stock purchase warrants with a strike price of $0.001 and a three-year expiration and Rod Martin 10,000,000 common stock purchase warrants under the same terms. The warrants will vest upon Agile generating 2021 sales of PV products of more than $500,000 or upon Agile generating cumulative sales of more than $1,000,000 through YE23. The Companies have been working together since September 2020, have already generated revenues from multiple customers across the country, and have an active sales pipeline.
http://www.4agiletech.com/

Partners:
https://investorshub.advfn.com/uimage/uploads/2021/1/14/ohimbapi_logo.jpg

https://investorshub.advfn.com/uimage/uploads/2021/1/14/rzxuqphamact_logo.jpg

https://investorshub.advfn.com/uimage/uploads/2021/1/14/%5byhodhealgen123.png

https://www.healgen.com/




https://www.otcmarkets.com/filing/html?id=14615907&guid=UKUKUHdDAsh1yth

January 12, 2021 - Form 8K OTC Markets
https://www.otcmarkets.com/filing/html?id=14613513&guid=UKUKUHdDAsh1yth

JANUARY 12, 2021 - FOMO’S VIRUS PURGE ACTIVITY IS NOW LIVE ON ALIBABA Other OTC: ETFM
https://www.bollyinside.com/news/fomos-virus-purge-activity-is-now-live-on-alibaba-other-otc-etfm/

JANUARY 12, 2021 - FOMO CORP. AGREES TO BUY ECOLITE IN AN ACCRETIVE TRANSACTION
http://www.globenewswire.com/news-release/2021/01/12/2157304/0/en/FOMO-CORP-AGREES-TO-BUY-ECOLITE-IN-AN-ACCRETIVE-TRANSACTION.html

January 11, 2021 - Form 8K/A
https://www.otcmarkets.com/filing/html?id=14613048&guid=UKUKUHdDAsh1yth
 
January 11, 2021 - Form 8K
https://www.otcmarkets.com/filing/html?id=14611483&guid=UKUKUHdDAsh1yth

https://www.otcmarkets.com/filing/html?id=14610945&guid=UKUKUHdDAsh1yth
 
January 8, 2021 - FOMO CORP. GETS SEC CURRENT ANDPREPARES FOR ACCELERATING GROWTH
https://www.globenewswire.com/news-release/2021/01/08/2155515/0/en/FOMO-CORP-GETS-SEC-CURRENT-AND-PREPARES-FOR-ACCELERATING-GROWTH.html

Company Ticker name chage coming soon from ETFM to FOMO

January 6, 2021 - Form 8K
https://www.otcmarkets.com/filing/html?id=14602807&guid=UKUKUHdDAsh1yth
Form 8K/A
https://www.otcmarkets.com/filing/html?id=14602670&guid=UKUKUHdDAsh1yth
Form 8K
https://www.otcmarkets.com/filing/html?id=14602551&guid=UKUKUHdDAsh1yth

January 5, 2021 -8K
https://www.otcmarkets.com/filing/html?id=14598296&guid=UKUKUHdDAsh1yth

January 4, 2021 - 8K
https://www.otcmarkets.com/filing/html?id=14594325&guid=FKUKUFBCz9VBxth

December 31, 2020 -Form SC 13D/A
https://www.otcmarkets.com/filing/html?id=14593876&guid=FKUKUFBCz9VBxth
Form 13D
https://www.otcmarkets.com/filing/html?id=14593868&guid=FKUKUFBCz9VBxth

December 30, 2020 - Form 10-Q/A
https://www.otcmarkets.com/filing/html?id=14590202&guid=FKUKUFBCz9VBxth

December 29, 2020 - Form 10-Q
https://www.otcmarkets.com/filing/html?id=14587667&guid=FKUKUFBCz9VBxth


November 9, 2020 - FOMO CORP. ANNOUNCES PURGE VIRUS, LLC HAS SIGNED A STRATEGIC PARTNERSHIP
WITH TRUSTED CLIENT SOLUTIONS, LLC TO ENHANCE COVID-19 DISINFECTION
https://www.globenewswire.com/news-release/2020/11/09/2122962/0/en/FOMO-CORP-ANNOUNCES-PURGE-VIRUS-LLC-HAS-SIGNED-A-STRATEGIC-PARTNERSHIP-WITH-TRUSTED-CLIENT-SOLUTIONS-LLC-TO-ENHANCE-COVID-19-DISINFECTION.html

October 26, 2020 - FOMO CORP. ANNOUNCES PURGE VIRUS, LLC HAS DEPLOYED
ULTRAVIOLET TECHNOLOGY FOR RELATED PROPERTIES CORPORATION
https://www.globenewswire.com/news-release/2020/10/26/2114132/0/en/FOMO-CORP-ANNOUNCES-PURGE-VIRUS-LLC-HAS-DEPLOYED-ULTRAVIOLET-TECHNOLOGY-FOR-RELATED-PROPERTIES-CORPORATION.html

October 19, 2020 - FOMO CORP. AND PURGE VIRUS, LLC ANNOUNCE ACQUISITION CLOSING
https://www.globenewswire.com/news-release/2020/10/19/2110453/0/en/FOMO-CORP-AND-PURGE-VIRUS-LLC-ANNOUNCE-ACQUISITION-CLOSING.html

September 16, 2020 - Purge Virus and PPE Source International are Approved as Qualified PPE Sales Partners (QPSPs) by MACTEL Business Trust
https://www.globenewswire.com/news-release/2020/09/16/2094614/0/en/Purge-Virus-and-PPE-Source-International-are-Approved-as-Qualified-PPE-Sales-Partners-QPSPs-by-MACTEL-Business-Trust.html

September 14, 2020 - Purge Virus Partners with PPESI to Accelerate Personal Protection Equipment Sales
https://www.globenewswire.com/news-release/2020/09/14/2092763/0/en/Purge-Virus-Partners-with-PPESI-to-Accelerate-Personal-Protection-Equipment-Sales.html

August 31, 2020 - Purge Virus Launches National Branding Initiative, Targets Substantial Dental Care Industry
https://www.globenewswire.com/news-release/2020/08/31/2086366/0/en/Purge-Virus-Launches-National-Branding-Initiative-Targets-Substantial-Dental-Care-Industry.html

August 27, 2020 - FOMO CORP. Agrees to Buy Purge Virus
https://www.globenewswire.com/news-release/2020/08/27/2084869/0/en/FOMO-CORP-Agrees-to-Buy-Purge-Virus.html

January 23, 2020 - 2050 Updates Shareholders; Launches Cannabis Social Network
https://www.globenewswire.com/news-release/2020/01/23/1974473/0/en/2050-Updates-Shareholders-Launches-Cannabis-Social-Network.html

 

 
 
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ End of SPecPrototype Content $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
 


IS NO LONGER 2050 Motors. New company new direction!!!!

FOCUSED ON CLEAN ENERGY SAVING SYSTEMS AND FIGHTING VIRUSES 


THERE IS 0 DILUTION ALL NOTES HAVE BEEN PAID!!!!!!!!!!!!
 

MANY RECENT M/As COMPANY IS GROWING AT A RAPID PACE!!!!!!

CEO IS A BANKER UNHEARD OF IN THE OTC!!!!!!!!!
 

****FOMO CORP. is developing direct investment and affiliations, majority- and minority-owned, as well as in joint venture formats that afford emerging companies access to the public markets for expansion capital as well as spin-out options to become their own stand-alone public companies.*

 
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PostSubject
#27619  Sticky Note FOMO CORP.’s PURGE VIRUS PARTNERS WITH SAFELY OPENING Joecanada13 03/05/21 01:30:34 PM
#27009  Sticky Note Short "Volume" vs. "Interest"...Or.."Why Short Volume's Meaningless " Homebrew 02/28/21 08:47:04 PM
#26981  Sticky Note $ETFM (soon $FOMO) most up-to-date info: https://fomoworldwide.com/investor-relations jack-p 02/28/21 07:44:05 PM
#25352  Sticky Note The CEO's most up to date comments Smilin_B 01/21/21 10:20:47 AM
#27696   https://discord.gg/PqG23aKg Mustangshane 03/08/21 08:16:49 AM
#27695   Can somone send me the link to discord? SPecPrototype 03/08/21 08:05:19 AM
#27694   Fomo name change expected today according to vik Mustangshane 03/08/21 08:00:01 AM
#27693   “Our Purge Virus team is excited to work Joecanada13 03/08/21 05:29:47 AM
#27692   BOOM FOMO Monday! Achandler787 03/07/21 10:56:31 PM
#27691   I with you! I have 35m shares left Matteo2017 03/07/21 08:03:04 PM
#27690   It is but when is the true question? Manspider 03/07/21 07:51:10 PM
#27689   No paddleboarding on Mondays...let's go! $ETFM Doubleday 03/07/21 06:53:34 PM
#27688   25 cents coming SPecPrototype 03/07/21 06:44:13 PM
#27687   Feels like Christmas Eve when you’re a kid! I Achandler787 03/07/21 05:44:37 PM
#27686   Easier to luv than to hate! :-D Manspider 03/07/21 05:21:33 PM
#27685   Yes they are...to many haters for the old werd 03/07/21 05:18:22 PM
#27684   About time!!! Achandler787 03/07/21 05:16:19 PM
#27683   Wow the people talking about FOMO on all Manspider 03/07/21 05:14:44 PM
#27682   Saw a FOMO investor video on youtube gain Floatable1 03/07/21 04:09:56 PM
#27681   Wish everyone great success this coming week. Silver.. want more 03/07/21 03:23:31 PM
#27680   CEO seems to think .10cents and higher imminent! Achandler787 03/07/21 01:13:21 PM
#27679   Exactly - The Govt just sent out an timetravelerdos 03/07/21 12:30:22 PM
#27678   https://mobile.twitter.com/FOMO_CORP/status/1368577147221245957 Rushnattack 03/07/21 12:02:47 PM
#27677   Why Buy ETFM/FOMO? timetravelerdos 03/07/21 10:40:03 AM
#27676   Wallstreet bets voting on a penny stock to Achandler787 03/07/21 09:18:21 AM
#27675   I like the way you think. I'm on board. want more 03/07/21 07:40:45 AM
#27674   Can't wait for our ticker change. I'm Smilin_B 03/07/21 02:44:37 AM
#27673   Yeah buddy! FOMO blasting off all over Twitter Manspider 03/06/21 04:32:42 PM
#27672   Spring and beyond! Big week ahead. want more 03/06/21 03:28:04 PM
#27671   FOMO "BEAR B QUE" Starts Monday... Great way to werd 03/06/21 03:08:16 PM
#27670   Super cool plan! Thank you! Achandler787 03/06/21 03:05:55 PM
#27669   https://twitter.com/BunnyPicks/status/1368019286501945345?s=19 $ETFM more eyes STKS4LYFE 03/06/21 02:37:01 PM
#27665   I meant Wozniak! Achandler787 03/06/21 09:40:55 AM
#27664   Imagine they got Steve Wozinski to sit on Achandler787 03/06/21 07:26:20 AM
#27663   Grabbed cheapies came out green. NOW explosion time. want more 03/06/21 07:21:26 AM
#27661   Yesterday's dip was one hell of a scoop Smilin_B 03/06/21 04:31:55 AM
#27659   Big stuff coming with our little FOMO! TIC Manspider 03/05/21 08:55:08 PM
#27658   Just need to see a follow-up white candle The_Free_Nebula 03/05/21 08:10:10 PM
#27657   I love it!!!! Achandler787 03/05/21 07:47:57 PM
#27656   Yep...Apple's cofounders company... Draganfly, people are not connecting Doubleday 03/05/21 07:42:49 PM
#27655   Is Steve Wozniak’s company I read Achandler787 03/05/21 07:36:25 PM
#27654   I haven't seen anyone bring up the partnership Doubleday 03/05/21 07:02:10 PM
#27653   FOMO Corp ($ETFM) partners to advance Biden School Matteo2017 03/05/21 06:37:59 PM
#27651   Not seeing the that investor deck release NorthShoreTrading 03/05/21 06:01:25 PM
#27650   Pretty soon this will close at $1.39...I’m patient! :-D Manspider 03/05/21 05:58:59 PM
#27649   You got that right LobsterMaine 03/05/21 05:21:44 PM
#27648   Folks have all weekend to absorb the PR, Doubleday 03/05/21 04:55:22 PM
#27647   MM's shook a bunch of folks this morning Doubleday 03/05/21 04:54:06 PM
#27646   Wish I could have bought when the shares Kbrownkullman 03/05/21 04:52:55 PM
#27645   There are many here that beat this up werd 03/05/21 04:07:22 PM
#27644   If CDEL wasn't undercutting the ask with millions Doubleday 03/05/21 04:05:59 PM
#27643   Boom LobsterMaine 03/05/21 04:03:55 PM
#27642   Just traded 500k pvdg for 3mm shares here. An7480 03/05/21 03:56:39 PM
#27641   We have to get rid of the seller MisterBet 03/05/21 03:42:26 PM
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