Home > Boards > US OTC > Miscellaneous >

FOMO Corp. (FOMC)

FOMC RSS Feed
Add FOMC Price Alert      Hide Sticky   Hide Intro
Moderator: Smilin_B, Homebrew, SPecPrototype, Joecanada13, werd
Search This Board: 
Last Post: 11/29/2021 12:37:56 PM - Followers: 393 - Board type: Free - Posts Today: 0

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

 

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




Anything you read above this is mostly

OLD NEWS and does not currently apply.


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
Market Cap 
43,602,870
04/14/2021

Authorized Shares
10,000,000,000
04/13/2021

Outstanding Shares
5,590,111,492
04/13/2021

Restricted
293,540,060
04/13/2021

Unrestricted
5,296,571,432
04/13/2021

Held at DTC
5,270,404,859
04/13/2021

Float
500,000,000
04/19/2019
Par Value
No Par Value


CORPORATE NEWS AND SEC UPDATES:


April 20, 2021 -FOMO CORP. LAUNCHES KANAB CLUB 2.0 BETA

https://www.globenewswire.com/news-release/2021/04/20/2213314/0/en/FOMO-CORP-LAUNCHES-KANAB-CLUB-2-0-BETA.html

Chicago, IL, April 20, 2021 (GLOBE NEWSWIRE) -- FOMO CORP. (https://www.fomoworldwide.com/ - US OTC: ETFM) is pleased to announce that today it is launching a beta test for its newly redesigned Kanab Club 2.0, a social network focused on health and wellness for cannabis users.

Features of Kanab Club 2.0 include:

A new design centered around mobile capability so a large percentage of users can access the site seamlessly from handheld devices that today account for over 80% of Internet traffic.

The main feed system is more open and less algorithm-driven to promote sharing on the platform. The goal is to increase engagement as the platform scales in order to leverage a “network effect” proven by established social sites. 

A new navigation system that emphasizes simplicity so that all features can be accessed from any page to facilitate finding new friends. As the number of users grows, the system will become more tailored to recommend how friends are located in a variety of ways.

The new posting system can easily handle images or videos.

A robust chat feature was developed that allows a user to chat directly with friends or other users directly in a safe space. This feature also allows for group chat. The chat feature is extremely versatile and accessible on every page. 

Users can customize the look of their profile page including changing their avatar and adding videos and images.

Scalability was built into the design so that the platform can handle larger amounts of traffic and be able to quickly deploy new updates and features along with improved administration capabilities.
Future plans include adding advertising, health and wellness information for users of cannabis products, blogging, an e-commerce portal in compliance with Federal laws, iOS and Android mobile apps, online dating, and more.

For users who would like to participate in the beta test, please access this link and create an account to obtain further instructions: https://kanab.club

Vik Grover, FOMO CEO, commented: “Building a social network tailored to the interests of cannabis users has been a dream of mine since we formed KANAB CORP. in mid-2019 as a FOMO subsidiary. I am proud to announce this closed beta launch of the functionality of Kanab Club 2.0 and welcome the feedback of users to further strengthen the site as we head towards a planned open launch in summer 2021. With several hundred million people worldwide using THC and non-THC cannabis products (“CBD”) and/or working in the cannabis industry, given major social platforms today do not target this market, and ahead of potential federal legalization of cannabis in the USA, I believe Kanab Club is well positioned to carve out a lucrative business in this fast-growing global market and create value for our shareholders.”

April 19, 2021 (4) FORM 8K


https://www.sec.gov/edgar/search/#/ciks=0000867028&entityName=FOMO%2520CORP.%2520(ETFM)%2520(CIK%25200000867028)

Item 7.01 Regulation FD Disclosure.

On April 18, 2021, FOMO CORP. (“FOMO”) and the owners of SmartGuard agreed to negotiate the acquisition of 51% of SmartGuard’s disinfection unit @ www.smartguard-disinfection.com. The Companies are in due diligence for a step transaction that is expected to be papered by May 1, 2021 and would allow FOMO to acquire the balance 49% by December 31, 2022, though there can be no assurances.


https://www.sec.gov/edgar/search/#/ciks=0000867028&entityName=FOMO%2520CORP.%2520(ETFM)%2520(CIK%25200000867028)

Item 3.02 Unregistered Sales of Equity Securities.

On April 8, 2021, FOMO CORP. (“FOMO”) sold to a third-party lender $103,500.00 in 12% junior debt with a one-year maturity. The transaction netted the Company $100,000.00 after fees/expenses. The note, which has no warrant coverage, has a buyout option and is attached as exhibit 10.1 herein. Proceeds are being used for working capital purposes including legal/due diligence fees for planned and announced acquisition agreements.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS

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

Exhibit No.   Description
10.1   FOMO CORP. Power Up Lending Group Ltd. Junior Unsecured Note – April 8, 2021


https://www.sec.gov/edgar/search/#/ciks=0000867028&entityName=FOMO%2520CORP.%2520(ETFM)%2520(CIK%25200000867028)
 

Item 8.01 Other Events.

On April 16, 2021, FOMO CORP. (“FOMO”) and the owners of EcoLite Holding LLC (“EcoLite”) and PPE Source International LLC (“PPESI”) extended the deadline for execution of a definitive agreement to acquire EcoLite to July 1, 2021 and the exclusivity period to negotiate the purchase of PPESI to same.

 

https://www.sec.gov/edgar/search/#/ciks=0000867028&entityName=FOMO%2520CORP.%2520(ETFM)%2520(CIK%25200000867028)
 

Item 5.03 Amendments to Articles of Incorporation or Bylaws.

FOMO CORP. (“FOMO”) today adopted corporate bylaws on April 12, 2021 for governance purposes. A copy is attached herewith as Exhibit 10.1.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS

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

 

Exhibit No.   Description
10.1   FOMO CORP. Corporate Bylaws – April 12, 2021



April 14, 2021 - FORM 8K

https://www.sec.gov/Archives/edgar/data/867028/000149315221008744/form8-k.htm

Item 1.01 Entry Into A Material Definitive Agreement.

FOMO CORP. (“FOMO”) today executed a definitive agreement to acquire 100% of the member interests of Lux Solutions, LLC (www.luxsolutions.com / www.luxsolutions.solar). The transaction requires a simultaneous closing of a purchase of LED Funding IV, LLC (a unit of www.smartguard-solutions.com) an energy and lighting management that supports Lux Solutions’ business in LED lighting and energy audit/design services. The LED Funding IV transaction is now signed under definitive agreement. Terms of the combined deal include FOMO issuing owners of both entities three million Series B Preferred shares, $3,000,000 cash, and a $3,000,000 non-convertible seller note subject to adjustments for net debt on closing plus an earn-out based on revenues greater than $10 million per annum. The combined LED Funding IV LLC and Lux Solutions LLC entities to be named “SmartGuard Energy” as a subsidiary of FOMO generated several million dollars of revenue (unaudited) in 2020 with material growth expected in 2021 in the USA and abroad, though there can be no assurances. FOMO is also in discussions to acquire some or all of SmartGuard’s disinfection business and robots as a service (“RaaS”) unit (www.smartguard-disinfection.com). FOMO will provide additional information to investors as it becomes available in compliance with SEC disclosure rules.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS

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

Exhibit No.   Description
10.1   FOMO CORP. / Lux Solutions LLC Definitive Agreement – April 14, 2021

 


April 14, 2021 - FORM 8K/A

https://www.sec.gov/Archives/edgar/data/867028/000149315221008710/form8-ka.htm

On April 14th, we executed a definitive agreement to acquire LED Funding IV LLC, a provider of energy management, smart lighting, and power purchase agreements (“PPAs”) to commercial, industrial and government customers. A draft agreement was filed under Form 8-K on April 11, 2021.

Item 1.01 Entry Into A Material Definitive Agreement.

FOMO CORP. (“FOMO”) today executed a definitive agreement to acquire 100% of the member interests of LED Funding IV LLC from SmartGuard Solutions (www.smartguard-solutions.com). The transaction requires a simultaneous signing of a definitive agreement to acquire Lux Solutions LLC (www.luxsolutions.com / www.luxsolutions.solar), an energy and lighting project management and design firm that supports LED Funding’s business in smart lighting and energy management services. The Lux Solutions LLC documents are under legal review today. Terms of the combined deal include FOMO issuing owners of both entities three million Series B Preferred shares, $3,000,000 cash, and a $3,000,000 non-convertible seller note subject to adjustments for net debt on closing plus an earn-out based on revenues greater than $10 million per annum. The combined LED Funding IV LLC and Lux Solutions LLC entities to be named “SmartGuard Energy” as a subsidiary of FOMO generated several million dollars of revenue (unaudited) in 2020 with material growth expected in 2021 in the USA and abroad, though there can be no assurances. FOMO also is in discussion to acquire some or all of SmartGuard Solutions’ disinfection business and robots as a service (“Raas”) unit (www.smartguard-disinfection.com). FOMO will provide additional information to investors as it becomes available in compliance with SEC disclosure rules.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS

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

Exhibit No.   Description
10.1   FOMO CORP. / LED Funding IV LLC Definitive Agreement – April 14, 2021

 

April 12, 2021 - FORM 8K

https://www.sec.gov/Archives/edgar/data/867028/000149315221008462/form8-k.htm

Item 7.01 Regulation FD Disclosure.

FOMO CORP. (“FOMO”) has negotiated a definitive agreement to acquire LED Funding IV LLC from SmartGuard Solutions (www.smartguard-solutions.com). The transaction requires a simultaneous signing of a definitive agreement to acquire Lux Solutions LLC (www.luxsolutions.com), an energy and lighting project management and design firm that supports LED Funding’s business in smart lighting and energy management services. The LED Funding IV LLC and Lux Solutions LLC documents are pending legal review. FOMO is engaging counsel to assist on the closing process. Proposed terms of the combined deal include FOMO issuing three million Series B Preferred shares, $3,000,000 cash, and a $3,000,000 non-convertible seller note subject to adjustments for net debt on closing plus an earn-out based on revenues greater than $10 million per annum. The combined LED Funding IV LLC and Lux Solutions LLC entities to be named “SmartGuard Energy” as a subsidiary of FOMO generated several million dollars of revenue (unaudited) in 2020 with material growth expected in 2021 in the USA and abroad, though there can be no assurances. FOMO is also in discussions to acquire some or all of SmartGuardUV’s disinfection business and robots as a service (“RaaS”) unit (www.smartguardUV.com). FOMO will provide additional information to investors as it becomes available in compliance with SEC disclosure rules.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS

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

Exhibit No.   Description
10.1   FOMO CORP. / LED IV Funding LLC Preliminary Definitive Agreement – April 11, 2021

 

April 8, 2021 - Fomo Corp. Signs $10 Million Financing

Chicago, IL, April 08, 2021 (GLOBE NEWSWIRE) -- FOMO CORP. (https://www.fomoworldwide.com/ - US OTC: ETFM) has signed a $10 million financing term sheet with an institutional investor. The fund has committed funding in an equity structure that allows FOMO to obtain capital on its own terms and at its discretion, unlike variable structures of the past. Terms of the funding can be found on the SEC’s EDGAR system at:

https://www.sec.gov/Archives/edgar/data/0000867028/000149315221008256/form8-k.htm

Said Vik Grover, CEO: “This financing, on the heels of FOMO eliminating all default debt as of 03-31-2021, sets the stage for our new era. We are close to moving our letters of intent (“LOI”) for SmartGuard Energy, Lux Solutions, EcoLite Holdings, and a national HVAC services contractor to definitive agreements. We are very serious and earnest in our vision to create an ecosystem of companies targeting clean/smart buildings that will help reopen our nation. Now it is time to go big.”



April 7, 2021 - Purge Virus Files for Patents

Fomo Corp. Announces Disinfection Patent and Customer Win
https://www.globenewswire.com/news-release/2021/04/07/2206158/0/en/Fomo-Corp-Announces-Disinfection-Patent-and-Customer-Win.html


PURGE VIRUS FILES DISINFECTION PATENT WITH FULL CLAIMS AND PENDING STATUS ON APRIL 2, 2021


https://www.greenandsave.com/green_news/green-science-and-technology/purge-virus-files-disinfection-patent-full-claims-and

Conshohocken, PA, April 06, 2021 – Purge Virus, LLC (https://purgevirus.com/) a wholly owned subsidiary of FOMO CORP. (https://www.fomoworldwide.com/ - US OTC: ETFM) has recently filed its full claims US Utility Patent Application entitled “UV-C GERMICIDAL LED STRIP KITS FOR HVAC DUCTS” with the United States Patent and Trademark Office (USPTO). Earlier this year, Purge Virus engaged the intellectual property law firm Vos-IP, LLC (https://vos-ip.com/) to support the filing, given their prior experience with heating, ventilation, and air conditioning (HVAC) patents. Purge Virus’ patent centers on advanced ultraviolet germicidal irradiation (UVGI), which is part of the recent March 23, 2021 CDC guidance for COVID-19 mitigation.

The following information is associated with the patent filing:

US Application No.: 17/301,442

Filing Date: April 2, 2021

Title: UV-C GERMICIDAL LED STRIP KITS FOR HVAC DUCTS

Applicant: Purge Virus LLC

Priority: US provisional 63/004,001, filed April 2, 2020

Purge Virus CEO Charlie Szoradi said, “We had a terrific head start last year with the date stamp of April 2, 2020 when we filed the provisional patent just weeks after the COVID-19 ‘shut down’ by governors across the US We researched and chose Vos-IP for our legal support based on their prior HVAC experience. Kyle and his team have been rigorous and impressive with all of their insight, rounds of reviews, and refinements for the final submission to meet the USPTO deadline that was 12 months following the initial provisional patent submission.”

Kyle Vos Strache, Managing Partner at Vos-IP, LLC said, “Charlie really got out in front of in-duct ultraviolet germicidal irradiation last spring, and he and his team were very helpful in delivering the testing data and the support figures that are a key part of the patent. We expect indoor air quality to be part of a new set of standards for buildings. The germicidal capabilities of ultraviolet (UV-C) through light-emitting diode (LED) technology is an excellent way to provide safer environments as well as the energy savings that is included in the Purge Virus patent.”

Timely for Federal Funding:

The recent $1.9 trillion COVID-19 Relief Bill and the expected $2 trillion Infrastructure/Jobs Bill include major funding to help reopen schools as well as improve affordable housing, airports, train stations and many other types of buildings. Since improved indoor air quality (IAQ) can come through ultraviolet irradiation devices and Purge Virus’ other disinfection technologies such as bipolar ionization, Purge Virus is well positioned to support the goals of the Biden Administration and the private sector. As school K-12 superintendents, healthcare administrators, and business owners allocate resources from the federal funding, Purge Virus disinfection capabilities also reduces a building owner’s operating costs, which in turn creates a new generation of safe and efficient buildings.

Alignment with CDC Guidance:

In their most recent March 23, 2021 guidance updates, the Center for Disease Control and Prevention (CDC) specifically references ultraviolet germicidal irradiation:
https://www.cdc.gov/coronavirus/2019-ncov/community/ventilation.html: “Consider using ultraviolet germicidal irradiation (UVGI) as a supplemental treatment to inactivate SARS-CoV-2, especially if options for increasing room ventilation and filtration are limited. Upper-room UVGI systems can be used to provide air cleaning within occupied spaces, and in-duct UVGI systems can help enhance air cleaning inside central ventilation systems.”

Added Patent Information:

No. of Pages: 39

No. of Figures: 8

No. of Claims: 20

The extensive pages of the patent include multiple testing matrix tables with data from research into lens configurations that optimize light output and irradiation; the figures include both in-duct and plenum placement locations at air handling units; the claims include the integration of direct current (DC) power sources comprising multiple channels to power multiple LED devices in different areas of the HVAC system for installation labor savings and energy savings. Given that the USPTO grants twenty years of protection for patents, Purge Virus has positioned itself for the short-term benefits within the federal funding and the long-term benefits beyond COVID-19, based on expected new standards for indoor air quality.

About Vos-IP:

The Vos-IP team has expertise working with Fortune 500 clients, mid-sized clients, start-up companies, and entrepreneurs to protect their valuable IP, specifically with patents, trademarks, and copyrights. Vos-IP’s founder and Managing Partner, Kyle Vos Strache, is passionate about the protection of patent rights, spanning from medical devices, pharmaceutical products, software (SaaS), and business methods to mechanical inventions.

Contacts:

Tom Cleary

National Sales Director

Purge Virus

tom.cleary@purgevirus.com

 

Dwain Schenck
Schenck Strategies

203-223-5230  

dwain@schenckstrategies.com

www.schenckstrategies.com


April 6, 2021 -10K - CURRENT  FOMO CORP. FILES SEC FORM 10-K AND HIGHLIGHTS 2020-2021 MILESTONES

https://finance.yahoo.com/news/fomo-corp-files-sec-form-175100054.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAADgcxWQ9GjNSbBjriT6DDbM_hP7NQVZrYLKBDFpf38CgU5ogfS8AuskxmgXE0ViMbKV3e-2JGGgkWb7egYdzAhFhSwVpHwgWOn8Tt8lPMKLgb7vQqbMI6QCxtAVkqNn6JVirGMOrnMxrl2ejcIeRgL8GzzEa2XUrBokBRdN2XlQY
 

  •   
     

Chicago, IL, April 06, 2021 (GLOBE NEWSWIRE) -- FOMO CORP. (https://www.fomoworldwide.com/ - US OTC: ETFM; “FOMO”), a business incubator and accelerator, provider of clean, smart and efficient HVAC, energy, lighting, and other key commercial building management services, announced that it has filed Form 10-K with the SEC, reporting its audited full year 2020 results.


2020 Highlights:

Filed all SEC Forms 10-K/10-Q to regain “current” status as a fully reporting company,

Restructured balance sheet to eliminate several hundred thousand dollars of corporate liabilities with legacy lenders,

Raised new capital to launch growth strategy, beginning with acquisition of Purge Virus, LLC on October 19, 2020,

Named Advisory Board consisting of veteran business leaders and in adherence to best practices in Environmental, Social, and Governance (ESG) standards and protocols.


Subsequent Highlights:

Eliminated all default debt effective March 31, 2020,

Closed acquisition of assets of Independence LED Lighting, LLC to move into smart lighting and power over ethernet (“PoE”); www.independenceled.com

Closed acquisition of assets of Energy Intelligence Center, LLC (“EIC”) to target energy management services for commercial, industrial and government buildings; www.energyintelligencecenter.com

Formed strategic partnership with Online Energy Manager, LLC (“OEM”) to obtain a license to OEM’s root patent for smart energy software for chiller plants in non-residential buildings with a purchase option for some or all of OEM; www.oem.us.com

Signed letter of intent (“LOI”) to acquire Ecolite Holdings, LLC for preferred stock, cash, and notes; www.ecoliteled.com

Signed LOI to acquire SmartGuard Solutions consisting of LED funding IV and Lux Solutions, LLC for preferred stock, cash and notes moving into lighting as a service (“LaaS”), energy audits, project design/engineering, and related; www.smartguard-solutions.com and https://www.luxsolutions.com/, respectively,

Signed LOI to acquire a national HVAC services contractor to add go-to-market installation capabilities and cross-selling synergies with other portfolio companies; target is currently under national rebranding;

Announced channel partnerships with AGILE Technologies Group, LLC and Clean Peak Energy, LLC to target their respective commercial and government customers with its growing clean building ecosystem of companies; www.4agiletech.com / https://cleanpeakenergy.us

Vik Grover, FOMO CEO, commented: “We relaunched FOMO in 2020 with the intent to build and maintain a valuable public company platform to fund, incubate and integrate growth businesses. We announced our first transaction when we acquired Purge Virus (“PV”), LLC in the second half of the year, and we recognized a small amount of revenues in the fourth quarter from the business. This was just the first step, and as we have previously announced in 2021, we are moving closer to our objective of being a one-stop-shop to provide the market with commercial building management services that save money and promote healthy living through smart/digital LED lighting, disinfecting and maintenance, and HVAC solutions. We expect to soon have the products, engineering, and installation services as well as financing capabilities for business, industrial and government customers.”

“As we have built this platform, we have tried to provide the maximum level of transparency of our strategy and each transaction we have pursued, through SEC filings, our website, and social media, and we believe there’s a great message not yet being recognized in the marketplace for our company. Further, our Advisory Board includes talented and experienced leaders in technology, construction, LED, and corporate finance, and reflects a culture of that is committed to being consistent with the ESG initiatives that FOMO is all about.”

“Upon completion of the above transactions which had a combined revenue of ~$11 MM in 2020, we will be in a position to recognize strong pro forma 2021E revenues based on current bookings alone, excluding sizable project already underway, in clean buildings, energy management, disinfection, and other verticals.”

 


April 5, 2021 -FORM 8K
https://www.sec.gov/Archives/edgar/data/0000867028/000149315221007925/form8-k.htm

ITEM 5.05. Code of Ethics

1. Be patient and courteous.

 

2. Be inclusive. We welcome and support people of all backgrounds and identities. This includes but is not limited to members of any sexual orientation, gender identity and expression, race, ethnicity, culture, national origin, social and economic class, educational level, color, immigration status, sex, age, size, family status, political belief, religion, and mental and physical ability.

 

3. Be considerate. We all depend on each other to produce the best work we can as a company.

 

Your decisions will affect clients and colleagues, and you should take those consequences into account when making decisions.

 

4. Be respectful. We will not all agree all the time, but disagreement is no excuse for disrespectful behavior. We will all experience frustration from time to time, but we cannot allow that frustration to become personal attacks. An environment where people feel uncomfortable or threatened is not a productive or creative one.

 

5. Choose your words carefully. Always conduct yourself professionally. Be kind to others. Do not insult or put down others. Harassment and exclusionary behavior are not acceptable. This includes, but is not limited to:

 

- Threats of violence.

 

- Discriminatory jokes and language.

 

- Sharing sexually explicit or violent material via electronic devices or other means.

 

- Personal insults, especially those using racist or sexist terms. - Unwelcome sexual attention.

 

- Advocating for, or encouraging, any of the above behavior.

 

6. Repeated harassment of others. In general, if someone asks you to stop something, then stop.

 

When we disagree, try to understand why. Differences of opinion and disagreements are mostly unavoidable. What is important is that we resolve disagreements and differing views constructively.

 

7. Our differences can be our strengths. We can find strength in diversity. Different people have different perspectives on issues, and that can be valuable for solving problems or generating new ideas. Being unable to understand why someone holds a viewpoint does not mean that they are wrong. Do not forget that we all make mistakes, and blaming each other does not get us anywhere. Instead, focus on resolving issues and learning from mistakes.

On March 27, 2021, FOMO CORP. (“FOMO”) adopted a code of ethics to comply with best practices and SEC requirements (§ 229.406 [Item 406] Code of Ethics). Key employees and advisors at the holding company level and all wholly owned and minority owned subsidiaries are required to sign the document which will be saved in their employment folders and/or a human resources sub-domain.

 

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS

 

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

 

Exhibit No.   Description
10.1   FOMO CORP. Code of Ethics



 
https://www.sec.gov/Archives/edgar/data/867028/000149315221007923/form8-k.htm

Item 3.03 Material Modification to Rights of Security Holders

 

On October 13, 2020, FOMO CORP. (“FOMO”) amended the terms of its Series A Preferred stock to a 1-50 conversion ratio and implemented a cumulative annual dividend per share of $0.0035 payable in cash or kind at the option of the Board of Directors.

 

On November 6, 2020, FOMO amended the terms of its Series C Preferred stock to one hundred thousand (100,000) votes per share from ten thousand (10,000) votes per share.

 

Item 5.03 Amendments to Articles of Incorporation

 

On December 16, 2019, the Company then known as “2050 Motors, Inc.” amended its Articles of Incorporation with the Secretary of State of California to change its legal corporate name to “FOMO CORP.” and to increase its authorized total number of authorized shares to ten billion one hundred million (10,100,000,000) from three billion ten million (3,010,000,000). This increase included an increase to authorized common shares to 10 billion (10,000,000,000) from 3 billion (3,000,000,000) and an increase to preferred shares to 100 million (100,000,000) from 10 million (10,000,000).

 

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS

 

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

 

Exhibit No.   Description
10.1   Amended Articles of Incorporation – December 16, 2019
10.2   Amended Certificate of Determination Series A Preferred – October 13, 2020
10.3   Amended Certificate of Determination Series C Preferred – November 6, 2020


April 1, 2021 - FORM 8K

https://www.sec.gov/Archives/edgar/data/867028/000149315221007646/form8-k.htm

ITEM 8.01. Other Events

 

FOMO CORP. (“FOMO”) has retired the residual balance of a $200,000.00 Master Note partially funded by Tri-Bridge Ventures (“TBV”) on March 15, 2019, with $2,286.00 remaining principal, $3,069.86 accrued interest and $231,930.14 accrued penalties. For consideration, FOMO CORP. issued TBV 75,000,000 common shares. The transaction eliminated all default debt within FOMO’s capital stack/debt table making the Company current with its sole creditor GS Capital that funded a $205,000.00 redeemable junior note on January 20, 2021.


March 31, 2021 - Notification of Inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405

https://www.sec.gov/Archives/edgar/data/867028/000149315221007480/formnt10-k.htm
 

FOMO CORP. has completed its Form 10-K for 2020. However, the Company’s recently hired outsource CFO firm BRIO Financial Group and SEC counsel Eilers Law Group are reviewing the document and the firm’s auditor Boyle CPA, LLC is preparing an opinion letter for the filing.

 

PART IV — OTHER INFORMATION

 

(1) Name and telephone number of person to contact in regard to this notification
 
  Vikram Grover, CEO   212   731-4806
  (Name)   (Area Code)   (Telephone Number)
 
(2) Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s).
 
  Yes [X] NO [  ]
 
   
 
(3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?
 
  Yes [X] NO [  ]
 
 

If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.

 

On October 19, 2020, FOMO CORP. completed the acquisition of 100% of the Member Interests of Purge Virus, LLC, a provider of COVID disinfection products and services. That entity generated material sales since its formation that year, which increased the operations of the Company but also added audit time and expense to management’s financial review process.




March 29, 2021 - 8K/A
https://www.sec.gov/Archives/edgar/data/867028/000149315221006971/form8-ka.htm

FOMO CORP. is referred to herein as “we”, “us”, or “us”

Background

We are updating our executive summary to correct clerical errors. Our SEC counsel is Eilers Law of Asheville, NC

ITEM 7.01. Regulation FD Disclosure

FOMO CORP. (“FOMO”) has updated its executive summary for investors. Attached provides information on closed and planned acquisitions and the Company’s share structure.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS

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

Exhibit No.   Description
10.1   FOMO CORP. Executive Summary - Spring 2021



March 25, 2021 -Fomo Corp. Planned Acquisition Smartguard Awarded Substantial Contract

https://finance.yahoo.com/news/fomo-corp-planned-acquisition-smartguard-164400258.html

Chicago, IL, March 25, 2021 (GLOBE NEWSWIRE) -- FOMO CORP. (https://www.fomoworldwide.com/ - US OTC: ETFM) is pleased to announce that SmartGuard Energy (https://smartguard-solutions.com/), currently under a Letter of Intent for acquisition by FOMO CORP., has recently been awarded a contract by one of the largest hospitality and gaming entities in the world. The contract is expected to generate over $20 million in revenue over the next few years and is structured around energy project management and technical services and opens the door for many more opportunities with this high-profile customer.

SmartGuard Energy is in the process of completing its final due diligence and is expected to sign a Definitive Agreement with FOMO CORP. by April 15, 2021.

Said Bill Butler, CEO of SmartGuard Energy, LLC: "We are very pleased to have been awarded this contract with such a premier company. This contract is reflective of the increase in business we are seeing as businesses are transitioning to clean, energy-efficient technologies. We are excited with the opportunity to partner with FOMO and look forward to closing our transaction in April 2021"

Vik Grover FOMO CORP. CEO, commented: “This impressive accomplishment by SmartGuard Energy opens the door for many opportunities in energy management. FOMO CORP. is excited to be able to acquire SmartGuard Energy which, along with M&A target EcoLite LED (https://ecoliteled.com/) and others, will help drive its clean energy efficiency portfolio.”

March 25, 2021 - FORM 8K

https://www.sec.gov/Archives/edgar/data/867028/000149315221006772/form8-k.htm

FOMO CORP. is referred to herein as “we”, “us”, or “us”

ITEM 7.01. Regulation FD Disclosure

FOMO CORP. (“FOMO”) has updated its executive summary for investors. Attached provides information on closed and planned acquisitions and the Company’s share structure.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS

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

Exhibit No.   Description
10.1   FOMO CORP. Executive Summary - Spring 2021


FORM 8K (2)
https://www.sec.gov/Archives/edgar/data/867028/000149315221006759/form8-k.htm

FOMO CORP. is referred to herein as “we”, “us”, or “us”

ITEM 7.01. Regulation FD Disclosure

 

The following statement was made in FOMO CORP.’s (“FOMO”) Discord chat room on March 24, 2021:

“Smartguard Energy, currently under LOI for M&A by FOMO CORP. (“FOMO”), has received notice of award for what is expected to be a multi-year, multi-site, energy services agreement by one of the largest hospitality and gaming entities in the world. FOMO’s expectation is that this contract will generate over $20 million in revenue over the next few years. This current opportunity is structured around energy project management and technical services and opens the door for many more opportunities with this high-profile customer.

Smartguard Energy is in the process of completing its final due diligence this Monday in Atlanta, GA with FOMO senior management and expects to sign a Definitive Agreement with FOMO by April 15, 2021.”


March 23, 2021 - FORM 8K current report
https://m2compliance.com/hosting/company/ETFM/link_files/2021/03-23-2021/Form8-K(03-23-2021)FOMOCORP/Form8-K.htm

FOMO CORP. is referred to herein as “we”, “us”, or “us”

 

ITEM 2.01. Completion of Acquisition or Disposition of Assets

 

As of October 19, 2020, we acquired 100% of the member interests of Purge Virus, LLC. Financials are hereby attached in compliance with SEC reporting based on our review of financials as of December 31, 2020.

 

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS

 

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

 

Exhibit No.   Description
10.1   Purge Virus, LLC unaudited balance sheet 12-31-2020
10.2   Purge Virus, LLC unaudited income statement 2020

 





March 22, 2021 - FORM SC 13D/A
https://m2compliance.com/hosting/company/ETFM/link_files/2021/03-22-2021/FormSC13DA(03-22-2021)FOMOCORP/FormSC13DA.htm
 

 

1.  

NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 

Dilip Limaye

2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(see instructions)

(a) [  ]

(b) [  ]

3.  

SEC USE ONLY

 

4.  

SOURCE OF FUNDS (see instructions)

 

OO

5.  

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [  ]

 

6.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United States

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH   7.  

SOLE VOTING POWER

 

500,000 Series A Preferred, 525,000 Series B Preferred

  8.  

SHARED VOTING POWER

 

  9.  

SOLE DISPOSITIVE POWER

 

500,000 Series A Preferred, 525,000 Series B Preferred

  10.  

SHARED DISPOSITIVE POWER

 

11.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

500,000 Series A Preferred, 525,000 Series B Preferred

12.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

(see instructions) [  ]

 

13.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

9.1% / 7.0%

14.  

TYPE OF REPORTING PERSON (see instructions)

 

IN

 

     
 

 

CUSIP No. 90214L106 13D Page 3 of 4 Pages

 

Item 1. Security and Issuer.

 

This Schedule 13D relates to Series B Preferred shares of FOMO CORP. The address of the principal executive office of FOMO CORP. is 1 E Erie St, Ste 525 Unit #2250, Chicago, IL 60611. Its phone number is ?(630) 286-9560 and its website is www.fomoworldwide.com.

 

Item 2. Identity and Background.

 

This Schedule 13D is filed by Dilip Limaye, Managing Member of Online Energy Manager, LLC (“OEM”), previously an investor in Independence LED, LLC (“ILED”), a technology Company 100%-owned by Charles Szoradi, CEO of Purge Virus, LLC (“PV”), a 100%-owned subsidiary of FOMO CORP. Dilip Limaye is also an investor in Energy Intelligence Center, LLC (“EIC”), whose sole member if Charlie Szoradi.

 

During the last five years, none of the Reporting Persons (i) has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) was a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violations with respect to such laws.

 

Item 3. Source or Amount of Funds or Other Consideration.

 

On August 20, 2020, FOMO CORP. entered into a Letter of Intent (“LOI”) between the Company and Charles Szoradi pursuant to which FOMO CORP. agreed to purchase, subject to the terms and conditions set forth therein, 100% of the Member Interests of Purge Virus, LLC from Charles Szoradi for a total purchase price of two million (2,000,000) Series B Preferred shares of FOMO CORP. A non-refundable deposit of 160,851 Series B Preferred shares was made to Szoradi on September 3, 2020. The Company and Szoradi executed a Definitive Purchase Agreement (the “Purchase Agreement”) for the transaction on September 29, 2020 and closed the transaction on October 19, 2020. On that date, FOMO CORP. issued Szoradi the balance of 1,839,149 Series B Preferred shares due as per the Purchase Agreement. On December 21, 2020, Dilip Limaye exercised his rights under the provisions of a Note for a May 15, 2019 loan to ILED and demanded payment of $500,000 cash from ILED and Szoradi. To resolve all differences and lay the foundation for a potential future partnership between ILED, OEM, PV and FOMO CORP., Szoradi purchased the Note from Limaye for consideration of 450,000 Series B Preferred shares on December 21, 2020.

 

As announced in a definitive agreement on Mach 6, 2021 between FOMO CORP. and Energy Intelligence Center, LLC (“EIC”) and under a settlement agreement between EIC and OEM (above), OEM was issued 75,000 Series B Preferred Shares of FOMO.

 

Mr. Limaye for investment purposes owns 500,000 Series A Preferred Shares of FOMO which is 9.1% of the Series A Preferred Class.

 

Item 4. Purpose of Transaction.

 

Investment

 

Item 5. Interest in Securities of the Issuer.

 

500,000 Series A Preferred shares, representing 9.1% of the class.

 

525,000 Series B Preferred shares, representing 7.0% of the class.

 

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

 

None

 

Item 7. Material to Be Filed as Exhibits.

 

Limaye – Independence LED, LLC Loan Settlement Agreement – December 21, 2020*

 

FOMO CORP. EIC Asset Purchase – March 6, 2021

 

*Incorporated by reference for Form 13D filed December 31, 2020.

 

CUSIP No. 90214L106 13D Page 2 of 4 Pages




March 22, 2021 - FORM 8K
https://m2compliance.com/hosting/company/ETFM/link_files/2021/03-22-2021/Form8-KA(03-22-2021)FOMOCORP/Form8-KA.htm

FOMO CORP. is referred to herein as “we”, “us”, or “us”

 

Background

 

On February 18, 2021, we announced our private investor discussion room on Discord. The following updates our communications policy in compliance with regulations to fully advise all investors of our use of social media.

 

ITEM 8.01 Other Events

 

FOMO CORP. (“FOMO”) herewith informs shareholders and potential shareholders of FOMO CORP. stock on how the company disseminates public information via social media consistent with SEC guidance (https://www.iflr.com/pdfsiflr/Webinar/The-Guide-to-Social-Media-and-the-Securities-Laws.pdf).

 

FOMO CORP. disseminates public information through social media via its Facebook page (https://www.facebook.com/FOMOCORP) website (https://www.fomoworldwide.com/), a Discord chat room (https://discord.gg/AZBhdD8AvV) and via Twitter (https://twitter.com/FOMO_CORP?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor).

 

Chicago, IL, March 19, 2021 (GLOBE NEWSWIRE) -- FOMO CORP. (https://www.fomoworldwide.com/ - US OTC: ETFM) is pleased to announce that EcoLite Holdings LLC, d/b/a EcoLite LED, has recently been awarded a contract with the Pelican Park Recreation District in Mandeville, Louisiana. EcoLite LED (https://ecoliteled.com/) has signed a Letter of Intent for acquisition by FOMO CORP.

The scope of the $1.5MM contract includes LED Sports Lighting upgrades on more than 32 baseball, softball, football and soccer fields, along with a dog park, skate park, parking area lots, gymnasium, concession stands, and a multiplex administration building. Phase 1 and 2 include 388 new sports lights and was completed in less than 60 days. The remaining Phases 3 and 4 consist of replacing more than 1000 of the 1500 W High-Intensity Discharge sports lights with new EcoLite 735 W Super Nova G-IV Sports Lights. This upgrade will increase the current lumen output average of 20-foot candles to nearly 40-foot candles, while reducing the kilowatt usage by more than 50%. EcoLite, in collaboration with the regional utility provider, Central Louisiana Electric Company (CLECO - https://www.cleco.com/), performed a comprehensive energy audit and estimated a net energy savings of 50% annually. As a result, CLECO agreed to pay 100% of the total cost of the lighting project. 

Jason Hewitt, Energy Solutions Consultant at Brilliant Efficiencies (http://www.brilliantefficiencies.com/) stated: "Simply put, the EcoLite Team hit it out of the park for this client! Projected to cost $1.5MM and take five years to upgrade the sports lighting, EcoLite will complete the project within one year and the negotiated rebate will cover 100% of the project cost!"

Said John Kelly, Founder and CEO of EcoLite Holdings: “It has been a pleasure to work with Jason Hewitt on the Pelican Park Project. The EcoLite Team has worked hard to complete this project in record time, and our client will realize significant savings in the years to come.”

Vik Grover, FOMO CORP. CEO, commented: “FOMO CORP. is proud to highlight this very successful project by EcoLite Holdings LLC. By covering 100% of the cost of the project through the savings for the client, EcoLite sets a great example for the smart lighting industry which has a projected revenue of more than $38BN by 2026 (https://www.alliedmarketresearch.com/smart-lighting-market).”

March 16, 2021 - FORM 8K

https://m2compliance.com/hosting/company/ETFM/link_files/2021/03-16-2021/Form8-K(03-16-2021)FOMOCORP/Form8-K.htm

FOMO CORP. is referred to herein as “we”, “us”, or “us”

 

ITEM 7.01. REGULATION FD DISCLOSURE

 

On March 16, 2021, FOMO CORP. and EcoLite Holdings, LLC extended their deadline to consummate a definitive merger agreement to April 15, 2021. Financial and strategic due diligence is underway.

 

FOMO CORP. PROVIDES UPDATES ON ITS PORTFOLIO COMPANIES AND CORPORATE COMMUNICATIONS

March 15, 2021 01:47 ET | Source: FOMO CORP.




     
  •  
     
     
     
     
     
     
     
     
     
     
     
     
     
     


  • ...

Chicago, IL, March 15, 2021 (GLOBE NEWSWIRE) -- FOMO CORP. (https://www.fomoworldwide.com/ - US OTC: ETFM) is pleased to announce updates on its portfolio companies and corporate communications.

Purge Virus, LLC (https://purgevirus.com/), a wholly owned subsidiary:

Completion of six figure revenue disinfection technology project for ten (10) buildings at Navajo Tribal Park and Veterans Museum in Window Rock, Arizona. A case study may be accessed here: https://purgevirus.com/bipolar-ionization-case-study-highlights/
Completion of disinfection technology for a women’s conference in Cancun, Mexico. Air Purification technology was provided by Purge Virus, including multiple portable devices that utilize advanced germicidal disinfection that combines Ultraviolet light with Ultrafine Particulate HEPA-Rx Filtration, Activated Carbon Filtration, Hydroxyl Radical Reactivity Chambers and Revitalizing Negative Ion Chambers. The highlight video of the event is on the Purge Virus YouTube Channel. (Direct link: https://www.youtube.com/watch?v=_3NGqq1jBeE&t=18s) and the video’s description includes the combination of the disinfection with COVID-19 rapid testing by Agile Technologies Group.
Engagement with FASTSIGNS for “Clean Air!” marketing and disinfection of the location in Exton, PA., which potentially could lead to more work across the 700 U.S. FASTSIGNS locations. Media coverage is available here: https://greenandsave.com/green_news/green-science-and-technology/clean-air-key-reduce-spread-covid-19-indoors
  • Senior Living: On March 11, 2021, Purge Virus received a bipolar ionization order for air disinfection at a large senior living condominium community, including disinfection for among other areas, the indoor swimming pool and the fitness center. This could lead to many more projects, given that the management team for the condominium community services hundreds of other properties. . 

    Independence LED Lighting (https://independenceled.com/), a completed asset purchase:

    New Grow Light account: Independence LED has had a multi-year relationship with an indoor farming company that focuses on basil production. They have ordered Independence grow lights for five different locations over the years and this recent request is to expand their farm in Maryland.
 
  • Independence LED engaged with a new prospective wholesale buyer who seeks “Made in USA” fixtures that meet the U.S. government’s Buy American Act (BAA) compliance.

    Energy Intelligence Center (https://energyintelligencecenter.com/), a completed asset purchase:

    On Wednesday March 10, EIC hosted the FIVE STAR SOLUTION webinar on Safe and Efficient Buildings. The 26-page presentation download and the 40-minute video recording may be accessed here:
https://energyintelligencecenter.com/clean-tech-webinar/
EIC added a new strategic clean tech partner to its growing solutions roster. The offering includes nanotechnology to reduce oil fouling in commercial and industrial chillers to save 15% or more on energy. See: https://energyintelligencecenter.com/clean-tech-partnerships/
Manufacturing Technology Insights magazine (https://www.manufacturingtechnologyinsights.com/
  • ) is including EIC on its magazine cover with an extensive profile for its Industrial Cooling issue in May. The editorial team chose EIC, after interviewing EIC CEO, Charlie Szoradi.

    FOMO Corporate Communications Update:
    As FOMO has grown, the interconnectivity of the holding companies within its clean technology “eco-system” has expanded. A newly established FOMO Corporate Communications Committee (F-C3) is charged with setting the protocols for all forms of public outreach including press releases, social media, and the Discord shareholder chat room. The F-C3 members include FOMO’s EVP of Corporate Development and Investor Relations, Wayman Baker, two of FOMO’s Strategic Advisors, Andrea Breaux and Charlie Szoradi (Purge Virus CEO), and two of FOMO’s consultants Dwain Scheck (https://schenckstrategies.com/) and John Conklin (https://www.linkedin.com/in/john-conklin-a3307b24/). F-C3 will meet weekly to prepare the outline of the upcoming communications activity to present to FOMO’s Advisory Board for review, guidance, and approval.

    As a reflection of its commitment to shareholder communications and transparency, FOMO presented a summary of its corporate status on the shareholder call on March 10, 2021. A replay is being made available on the investor relations section of the Company’s website.

    FOMO has also increased its branding exposure with the addition of new website addresses that link into the FOMO “gear” Shopify store. The website links align with the forthcoming updates on the gear for I GOT FOMO, I HAVE FOMO, FOMO SHAREHOLDER, and others.

    Vik Grover FOMO CEO said: “FOMO is growing up right in front of your eyes. Stay tuned for more updates as we work to execute on announced letters of intent (“LOI’s”). We will always remain transparent for our stakeholders. We will take the world by storm.”

    March 10. 2021 - FORM 8K - Current Report

    https://m2compliance.com/hosting/company/ETFM/link_files/2021/03-10-2021/Form8-K(03-10-2021)FOMOCORP/Form8-K.htm
     

FOMO CORP. is referred to herein as “we”, “us”, or “us”

 

ITEM 7.01. REGULATION FD DISCLOSURE

 

On March 10, 2021 at 4:00 PM CT, we will hold a shareholder call at: (203) 680-9095; passcode 698013. On March 9, 2021, we issued a press release regarding the March 10, 2021 shareholder call (attached hereto as Exhibit 99.1).

 

The information in this Current Report on Form 8-K with respect to Item 7.01 (including the Press Release attached hereto as Exhibit 99.1 hereto) is being furnished pursuant to Item 7.01 of Form 8-K and shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (“Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act. This current report on Form 8-K will not be deemed an admission as to the materiality of any information contained herein (including the Presentation attached hereto as Exhibit 99.1 hereto).

 

Item 9.01. Exhibits

 

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

 

Exhibit No.   Description
99.1   March 9, 2021 Press Release (Shareholder Call)



March 9, 2021 - FORM 8K and 8KA
https://m2compliance.com/hosting/company/ETFM/link_files/2021/03-09-2021/Form8-KA(03-09-2021)FOMOCORP/Form8-KA.htm

FOMO CORP. is referred to herein as “we”, “us”, or “us”

 

ITEM 7.01. REGULATION FD DISCLOSURE

 

Explanatory Note

 

On March 8, 2021, we filed a presentation deck that contained Scrivener’s Errors.

 

New Deck

 

On March 9, 2021, we posted a new deck (Exhibit 99.1 filed herein) on our website that corrects certain errors in the March 8, 2021 filed Presentation Deck and may be accessed at: www.fomoworldwide.com

 

The information in this Current Report on Form 8-K with respect to Item 7.01 (including the Presentation attached hereto as Exhibit 99.1 hereto) is being furnished pursuant to Item 7.01 of Form 8-K and shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (“Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act. This current report on Form 8-K will not be deemed an admission as to the materiality of any information contained herein (including the Presentation attached hereto as Exhibit 99.1 hereto).

 

Item 9.01. Exhibits

 

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

 

Exhibit No.   Description
99.1   FOMO CORP. Presentation Deck – 03/09/2021 AMENDED

 


https://m2compliance.com/hosting/company/ETFM/link_files/2021/03-09-2021/Form8-K(03-09-2021)FOMOCORP/Form8-K.htm

FOMO CORP. is referred to herein as “we”, “us”, or “us”

 

Item 1.01 Entry Into a Material Definitive Agreement

 

On March 6, 2021, we completed an Asset Purchase Agreement to acquire 100% of the assets of Energy Intelligence Center, LLC. We paid Energy Intelligence 125,000 Series B Preferred Shares and 50,000,000 Common Stock Warrants with 3-year exercise term and an exercise price one cent.

 

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS

 

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

 

Exhibit No.   Description
10.1   March 6, 2021 Agreement with Energy Intelligence Center, LLC
99.2   March 9, 2021 Press Release regarding Asset Purchase of Energy Intelligence Center, LLC

 



     
  •  
     
     
     
     
     
     
     
     
     
     
     
     
     
     

Chicago, IL, March 09, 2021 (GLOBE NEWSWIRE) -- FOMO CORP. (https://www.fomoworldwide.com/ - US OTC: ETFM) announces that it will hold an investor call on Wednesday, March 10, 2021 at 4:00 pm CT which will include a brief management discussion followed by Q&As submitted in advance to IR@fomoworldwide.com. Investors should also view the Company’s recently released presentation at https://www.fomoworldwide.com/investor-relations.

Dial-in Instructions: To access the call, please dial: (203) 680-9095. The passcode is: 698013

The call will be moderated by Mr. Christopher Aguele, Wealth Manager for American Strategic Advisors, email: christopher.aguele@lpl.com

Chicago, IL, March 09, 2021 (GLOBE NEWSWIRE) -- FOMO CORP. (https://www.fomoworldwide.com/ - US OTC: ETFM) is pleased to announce that it has acquired the assets of the Energy Intelligence Center, LLC (“EIC” - www.EnergyIntelligenceCenter.com). EIC provides an integrated suite of energy efficiency solutions for education, commercial, multi-family, healthcare, and industrial facilities through algorithmic software and the added benefits from strategic clean-tech partners. FOMO’s holdings, such as Purge Virus LLC (https://purgevirus.com/), work well in conjunction with EIC providing the combination of ventilation and clean indoor air that collectively create safe and energy efficient schools as well as other types of facilities. FOMO’s integrated solution is appropriate and timely given the recent developments with the COVID-19 Relief Bill.

EIC’s OptikW platform uses algorithmic software to optimize kilowatts at the “heart” of HVAC equipment. It leverages ambient conditions such as temperature, humidity, and dew point, to improve the performance of existing chillers and HVAC equipment.

Other portfolio companies and strategic partners are expected to drive demand for FOMO:

Purge Virus uses bipolar ionization to clean indoor air and reduce the requirements for as much outside replacement air, which FOMO owns.
Independence LED Lighting uses energy saving lights to save 50% or more over traditional lights, which FOMO owns.
Clean Peak Energy uses the thermal mass of your building as a “battery” to store temperature and reduce peak interval energy costs, which is a partner of FOMO.
BuildingFit 

On the outreach front beyond the upcoming webinar (see below), three key first quarter developments may further provide EIC’s ongoing support for schools and businesses:

Social Media: On February 9th, EIC engaged with Seth Leitman, "Green Living Guy" for extensive social media marketing. Seth is a seasoned sustainability professional, electric car expert and green living guru, according to Fox Business News

Direct Marketing to Schools: On February 23rd, EIC’s sibling company within FOMO CORP., Purge Virus, engaged Demand Lead Generation (http://create-demand.com/) for outbound calls to prospective K-12 schools and business customers. The support sales materials specifically include references to energy savings in addition to improved indoor air quality (IAQ). This is an example of the “eco-system” synergy created within the FOMO CORP. holding companies.

Industry Recognition: On March 1st, Manufacturing Technology Insights (https://www.manufacturingtechnologyinsights.com/) magazine contacted EIC for a profile in their special edition on Industrial Cooling, which will run in their May 2021 issue to over 150,000 combined print and digital subscribers. On March 6th, the magazine interviewed EIC’s CEO for the profile, and his input included references to air quality solutions as well as energy savings.

Webinar:

Join EIC CEO Charlie Szoradi for a presentation detailing the energy conservation measures that make up the "Five Star Solution". Other Webinar Highlights: Insight into the future of next generation sustainable buildings with efficiency & improved IAQ. Information on the Biden administration funding to reduce COVID-19 & energy waste. How Energy Intelligence Center's solutions are available to end-users and strategic partners.

REGISTER for the Webinar here: https://register.gotowebinar.com/register/3158491600196700430

To be held: Wednesday, Mar 10, 2021 12:00 PM - 1:00 PM EST
For more information on the webinar content and the links to the Clean-Tech partners see: https://energyintelligencecenter.com/clean-tech-partnerships/

Said Charlie Szoradi, EIC CEO: “EIC’s OptikW platform is designed for remote management of large chiller plants and paves a path toward big data and energy analysis. We have been working diligently to align the best-of-breed technologies that provide proven results at affordable costs. In most cases the solutions have little or no upfront cost with performance compensation, which is ideal for our customers.”

Said Vik Grover, FOMO’s CEO: “This transaction completes a long effort to bring energy management solutions to our portfolio. Combining EIC with our partnership with OEM paves the way for us to become a clean building leader worldwide. Please attend the EIC webinar this week for further information.”

  • uses data analytics with measurement and verification to identify areas of savings and track performance, which is a partner of FOMO.

    $1.9 trillion COVID-19 Relief Bill:

    On Saturday, March 7th, the U.S. Senate passed the $1.9 trillion COVID-19 Relief Bill, which is to be submitted to the House of Representatives on Tuesday, March 9th. It includes $519 billion for state and local governments and schools. The Centers for Disease Control and Prevention (CDC) guidelines include improvements to ventilation, and each state and school district may have some discretion on spending from within the relief funding. The bill also includes sub-sets for specific types of facilities.

    Energy Intelligence Center Updates:

    EIC has added three new strategic relationships during the first quarter of 2021: Aircosaver, Jordan Energy, and JuiceBarEV. The links to these and the other partners are included on EIC’s Clean-Tech Partners page.

    March 8, 2021 - FORM 8K

    https://m2compliance.com/hosting/company/ETFM/link_files/2021/03-08-2021/Form8-K(03-08-2021)FOMOCORP(1)/Form8-K.htm

     

FOMO CORP. is referred to herein as “we”, “us”, or “us”

 

ITEM 8.01 Other Events

 

On March 4, 2021, we appointed Andrea Breaux to our Advisory Board. Andrea Breaux is an executive at EcoLite Holding, LLC (“EcoLite”), which is the subject of a Letter of Intent to acquire EcoLite. In conjunction with the Advisory Board Appointment, Andrea Breaux will direct our social media platforms, among other consulting duties. We issued 20,000,000 three-year warrants to Andrea Breaux with a strike price of $0.01 and a three-year exercise term pursuant to a Advisory Board Agreement.

 

Item 9.01. Exhibits

 

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

 

Exhibit No.   Description
10.1   FOMO CORP. Breaux Advisory Board Agreement – 03/04/2021
10.2   FOMO CORP. Breaux Advisory Board Warrant – 03/04/2021

 



https://m2compliance.com/hosting/company/ETFM/link_files/2021/03-08-2021/Form8-K(03-08-2021)FOMOCORP/Form8-K.htm

FOMO CORP. is referred to herein as “we”, “us”, or “us”

 

ITEM 7.01. REGULATION FD DISCLOSURE

 

As of March 8, 2021, we posted on our website at www.fomoworldwide.com, a presentation deck regarding our present and future operations (the “Presentation Deck”).

 

The information in this Current Report on Form 8-K with respect to Item 7.01 (including the Presentation attached hereto as Exhibit 99.1 hereto) is being furnished pursuant to Item 7.01 of Form 8-K and shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (“Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act. This current report on Form 8-K will not be deemed an admission as to the materiality of any information contained herein (including the Presentation attached hereto as Exhibit 99.1 hereto).

 

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS

 

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

 

Exhibit No.   Description
10.1   FOMO CORP. Presentation Deck – 03-08-2021

Chicago, IL, March 05, 2021 (GLOBE NEWSWIRE) -- FOMO CORP. (US OTC: ETFM) is pleased to announce that its wholly owned subsidiary, Purge Virus LLC (https://purgevirus.com/), has signed a teaming agreement with Safely Opening Schools, LLP (“SOS”) to support the goals of parents, students, teachers, and administrators to safely reopen K-12 schools. The new Biden Administration and governors across the U.S. also seek to bring in-person learning back as practically possible. The teaming agreement is centered around mutual referrals and reselling of each company’s products and services to create comprehensive COVID-19 mitigation solutions.

Purge Virus provides ventilation and indoor air quality improvement via economizers and energy recovery ventilators plus portable disinfection devices and in-duct ultraviolet and bipolar ionization that meet the Centers for Disease Control and Prevention (CDC) guidelines. The Purge Virus disinfection technology also meets Underwriters Laboratories (UL 867 and UL 2998) standards for zero ozone and ultraviolet (UV-C 243.7 nm) is proven to inactivate pathogens.

SOS provides comprehensive solutions such as advanced digital screening as well as proposed medical units with “safe” zones for school nurses and isolation areas. SOS’s strategic partner, Draganfly, Inc. (US OTC/DFLYF; https://finance.yahoo.com/quote/DFLYF?p=DFLYF&.tsrc=fin-srch), offers state-of-the art digital screening and drone technology. Draganfly recently announced the agreement to become the exclusive supplier of drones for Woz ED, Steve Wozniak‘s education company.

See the March 2nd announcement here: https://www.valuethemarkets.com/2021/03/02/draganfly-sign-exclusive-deal-with-apple-cofounder-steve-wozniak/). One of Draganfly’s services includes disinfection of school athletic venues and seating through Varigard spray sanitization.

See: https://www.youtube.com/watch?v=38XdFUfm9-A. Plus, here is a video highlighting Draganfly’s solutions and partnership with the SOS program, related to its proprietary Vital Intelligence Technology: https://youtu.be/IN82B9zJ1FI

Purge Virus shipped disinfection devices to Health Hero Florida, another SOS strategic partner, for inclusion in its mobile COVID vaccination program recently announced by Governor Ron DeSantis on March 4, 2021.

Liberty Duke, Executive Director, Safely Opening Schools, said, “As America seeks to open schools as safely and quickly as possible, we are pleased to partner with Purge Virus to reinforce our comprehensive SOS offerings. The Purge Virus team has been highly responsive, and their knowledge, experience, and technologies are appreciated as we all work to reduce the spread of COVID-19.”

Charles Szoradi, CEO of Purge Virus. “Our Purge Virus team is excited to work with SOS and Draganfly. Their human capital and technologies are best-in-breed. We see tremendous synergies between our companies to help reopen schools, keep schools open as the COVID-19 variants persist, and help other types of facilities operate safely during and beyond COVID-19.”

FOMO CORP. is referred to herein as “we”, “us”, or “us”

 

Item 1.01 Entry Into a Material Definitive Agreement

 

On March 4, 2021, we executed a Strategic Agreement with Online Energy Manager, LLC (“OEM”) whereby OEM granted us a 2 year non-exclusive right to license ECORE-CI, which includes OEM’s patent for “Central Cooling and Circulation Management Systems. For those ECORE projects that we take responsibility for delivery, we will pay OEM a license fee of 7.5% of the gross revenue per project. For those ECORE projects that we refer to OEM, OEM shall pay us a profit sharing payment equal to 15% of adjusted gross revenue.

 

Item 9.01. Exhibits

 

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

 

Exhibit No.   Description
10.1   FOMO CORP. OEM Strategic Agreement FINAL – 03/04/2021

 

FOMO CORP. is referred to herein as “we”, “us”, or “us”

 

ITEM 8.01 Other Events

 

On March 4, 2021, we appointed Dilip Limaye, founder and owner of Online Energy Manager @ https://www.oem.us.com, to our Advisory Board to join our other advisory board members who are technology executives and strategic consultants in the smart lighting, disinfection, energy management and HVAC services industries. We issued 20,000,000 three-year warrants to Dilip Limaye with a strike price of $0.01 as compensation. .Dilip Limaye’s Curriculum Vitae is attached hereto as Exhibit 10.3.

 

Item 9.01. Exhibits

 

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

 

Exhibit No.   Description
10.1   FOMO CORP. Dilip Limaye Advisory Board Agreement – 03/04/2021
10.2   FOMO CORP. Dilip Limaye Advisory Board Warrants – 03/04/2021
10.3   Dilip Limaye Curriculum Vitae

 

Chicago, IL, March 05, 2021 (GLOBE NEWSWIRE) -- FOMO CORP. (US OTC: ETFM) is pleased to announce that its wholly owned subsidiary, Purge Virus LLC (https://purgevirus.com/), has signed a teaming agreement with Safely Opening Schools, LLP (“SOS”) to support the goals of parents, students, teachers, and administrators to safely reopen K-12 schools. The new Biden Administration and governors across the U.S. also seek to bring in-person learning back as practically possible. The teaming agreement is centered around mutual referrals and reselling of each company’s products and services to create comprehensive COVID-19 mitigation solutions.

Purge Virus provides ventilation and indoor air quality improvement via economizers and energy recovery ventilators plus portable disinfection devices and in-duct ultraviolet and bipolar ionization that meet the Centers for Disease Control and Prevention (CDC) guidelines. The Purge Virus disinfection technology also meets Underwriters Laboratories (UL 867 and UL 2998) standards for zero ozone and ultraviolet (UV-C 243.7 nm) is proven to inactivate pathogens.

SOS provides comprehensive solutions such as advanced digital screening as well as proposed medical units with “safe” zones for school nurses and isolation areas. SOS’s strategic partner, Draganfly, Inc. (US OTC/DFYLF; https://draganfly.com/), offers state-of-the art digital screening and drone technology. Draganfly recently announced the agreement to become the exclusive supplier of drones for Woz ED, Steve Wozniak‘s education company.

See the March 2nd announcement here: https://www.valuethemarkets.com/2021/03/02/draganfly-sign-exclusive-deal-with-apple-cofounder-steve-wozniak/). One of Draganfly’s services includes disinfection of school athletic venues and seating through Varigard spray sanitization.

See: https://www.youtube.com/watch?v=38XdFUfm9-A. Plus, here is a video highlighting Draganfly’s solutions and partnership with the SOS program, related to its proprietary Vital Intelligence Technology: https://youtu.be/IN82B9zJ1FI

Purge Virus shipped disinfection devices to Health Hero Florida, another SOS strategic partner, for inclusion in its mobile COVID vaccination program recently announced by Governor Ron DeSantis on March 4, 2021.

Liberty Duke, Executive Director, Safely Opening Schools, said, “As America seeks to open schools as safely and quickly as possible, we are pleased to partner with Purge Virus to reinforce our comprehensive SOS offerings. The Purge Virus team has been highly responsive, and their knowledge, experience, and technologies are appreciated as we all work to reduce the spread of COVID-19.”

Charles Szoradi, CEO of Purge Virus. “Our Purge Virus team is excited to work with SOS and Draganfly. Their human capital and technologies are best-in-breed. We see tremendous synergies between our companies to help reopen schools, keep schools open as the COVID-19 variants persist, and help other types of facilities operate safely during and beyond COVID-19.”

Chicago, IL, Feb. 25, 2021 (GLOBE NEWSWIRE) -- FOMO CORP. (US OTC: ETFM) is pleased to announce it has signed an agreement with Clean Peak Energy Group, LLC (CPE - https://cleanpeakenergy.us/), a Stamford, CT-based company that focuses on using a building’s existing thermal mass and air conditioning systems to create energy storage and reduce building related CO2 emissions. The agreement includes a profit-sharing structure generated from projects, referred by FOMO, that adopt CPE solutions. CPE, which also provides electric supply pricing for commercial customers, will additionally enable FOMO to offer customers competitive electric supply through CPE, in States where competitive electric choice is available. Through CPE’s advanced energy storage technology, facilities can save on energy costs with zero capital construction cost. This opportunity is in addition to other programs that FOMO can provide to its customers though its various subsidiaries and strategic relationships.

CPE’s patented solution uses the thermal mass within a building’s envelope and interior mass as energy storage. CPE takes advantage of cooler nighttime temperatures and air conditioning efficiency to store electricity, converted into cooled air, stored in the building’s mass and available to reduce demand, consumption and costs during more expensive peak energy costs.

According to the U.S. Department of Energy (https://www.energy.gov/sites/prod/files/2017/03/f34/qtr-2015-chapter5.pdf), more than 76% of all U.S. electricity use and more than 40% of all U.S. energy use and associated greenhouse gas (GHG) emissions are associated with providing comfortable, well-lit, residential and commercial buildings. Saving energy in buildings translates directly into saving money, which are keys to economic recovery as well as long-term sustainability.

“We are pleased to participate with FOMO CORP to offer their customers and companies access to CPE’s advanced energy storage and management technology and customer electricity supply programs,” said Ed Levene, Clean Peak Energy Group, LLC CEO.

Said Vik Grover, FOMO CORP. CEO, “This strategic relationship with CPE further reinforces FOMO’s growing ‘eco-system’ of clean technology products and services to help building owners and operators reduce operating costs with safe and energy-smart facilities during and following the COVID-19 pandemic. We are also reviewing investment in CPE.”

Chicago, IL, Feb. 24, 2021 (GLOBE NEWSWIRE) -- FOMO CORP. (US OTC: ETFM) is pleased to announce that it has signed a letter of intent (LOI) to acquire the assets of the Energy Intelligence Center, LLC (“EIC” - https://energyintelligencecenter.com/), a U.S. solutions provider for energy efficient buildings. This LOI follows FOMO’s 8-K filing on February 16, 2021, specifically relative to FOMO licensing the patent of Online Energy Manager, LLC (OEM) and FOMO’s option to purchase OEM. EIC and OEM are strategic partner companies, and these two recent developments set the stage to further position FOMO in 2021 as a clean energy technology company within the growing “Clean-Tech” and smart building marketplace.

FOMO’s prior asset acquisition of Independence LED Lighting, LLC (https://independenceled.com/) and Purge Virus, LLC (https://purgevirus.com/) serve as excellent complements to EIC for next generation clean air and energy efficient buildings. According to a recent survey by Smart Cities (https://www.smartcitiesdive.com/ex/sustainablecitiescollective/market-energy-efficiency-360-billionyr-and-bigger-renewables/1001556/), the global market for energy efficiency is $360 billion/year.

EIC was formed in 2019, and brings many benefits to FOMO including:

License to use proven and patented technology;
Implemented U.S. projects for a mixed-use science center, established by an Ivy League university, and a commercial office building, that is part of a major U.S. real estate development firm;
Strategic relationships that include data analytics, measurement & verification, and thermal mass algorithmic efficiency;
  • A business model with recurring monthly revenue, including a signed account from a customer with four years of payments to EIC using the share-of-energy savings approach.

    In addition to the benefits above, EIC has leveraged its OptikW brand (https://energyintelligencecenter.com/optikw/) for the “platform” of solutions that include artificial intelligence (AI) for air conditioning and refrigeration https://energyintelligencecenter.com/ai-rd/.

    Said Charlie Szoradi, EIC CEO: “As a sustainability professional for the past three decades, I am pleased that FOMO sees the value of including EIC along with FOMO’s other current holdings and planned acquisitions. I applaud Vik Grover and the FOMO Advisory Board for seeing that smart, healthy, and energy efficient buildings are a critical part of our sustainable future.”

    Said Vik Grover, FOMO, CEO: “FOMO continues to position itself with a growing clean energy technology business. Our team welcomes the inclusion of the Energy Intelligence Center among the growing constellation of holdings and strategic partnerships.”

    As consideration for the acquisition, with a 30-day due diligence period, FOMO will issue EIC 125,000 Series B Preferred Shares, convertible to 125 million common shares plus 50 million warrants, with a three (3) year term and performance criteria for allocation to members of the EIC team. This allocation of warrants with performance criteria is a key motivator for EIC to drive growth and increase the value of FOMO.


    A growing sales channel and pipeline;
    Completed investment grade audits of facilities ranging from a large size brewery to a major blast freezing food processor; and,


    FOMO CORP. PLANNED ACQUISITIONS CLOSE MAJOR CONTRACTS GlobeNewswire (Feb 23, 2021)

Chicago, IL, Feb. 23, 2021 (GLOBE NEWSWIRE) -- FOMO CORP. (US OTC: ETFM) is pleased to announce that EcoLite Holdings, LLC and SmartGuard Energy, LLC have recently closed major contracts. Both companies have signed a Letter of Intent for acquisition by FOMO.

EcoLite LED (https://www.ecoliteled.com/) has recently been awarded a Phase 1 $550,000 turnkey lighting retrofit contract with Bernhard MCC, LLC, a subsidiary of Bernhard Energy, LLC. EcoLite will provide all labor & LED new/retrofit indoor fixture solutions for the East Alabama Medical Center in Opelika, Alabama. The project is scheduled to commence on March 8, 2021, and the anticipated time for completion is four weeks. 

Lux Solutions (https://www.luxsolutions.com/), a division of SmartGuard Energy, offers five different types of patented UV fans which disinfect and clean the air in enclosed spaces. The US Naval Base at San Diego, after extensive vetting, has placed an initial order, worth $66,000, for 30 of the UV-light, air disinfecting fans for use at its indoor administrative facilities under the Navy's small business initiative program. Additional follow-on orders are currently being negotiated.

Said John Kelly, CEO of EcoLite Holdings, LLC: "This is EcoLite's first strategic partnership with Bernhard utilizing the "Lighting as a Service" model, and we are looking forward to working together on similar projects throughout the US for many years to come."

Hank Geier, Executive Chairman of SmartGuard-Solutions, LLC, commented: “SmartGuard Energy believes that the UV fans, as well as the UV-light disinfecting cabinets, which are used to disinfect school supplies and other materials, will be important to safely reopening schools. Accordingly, SmartGuard is gearing up for an extensive marketing program targeting schools for these products, particularly in light of the New Administration’s proposed $130 Billion stimulus package for school reopening.”

Said Vik Grover, CEO of FOMO CORP: “These sales demonstrate the value of the FOMO ecosystem and the growth potential of these businesses. We are in due diligence on these transactions and expect to close them.”


FEBRUARY 24, 2021 FORM SC 13D/A
https://m2compliance.com/hosting/company/ETFM/link_files/2021/02-24-2021/Form8-KA(02-24-2021)FOMOCORP/Form8-KA.htm

 

 

Item 1. Security and Issuer.

 

This Schedule 13D relates to Series B Preferred shares of FOMO CORP. The address of the principal executive office of FOMO CORP. is 1 E Erie St, Ste 525 Unit #2250, Chicago, IL 60611. Its phone number is ?(630) 286-9560 and its website is www.fomoworldwide.com.

 

Item 2. Identity and Background.

 

This Schedule 13D is filed by Dilip Limaye, Managing Member of Online Energy Manager, LLC (“OEM”), previously an investor in Independence LED, LLC (“ILED”), a technology Company 100%-owned by Charles Szoradi, CEO of Purge Virus, LLC (“PV”), a 100%-owned subsidiary of FOMO CORP. Dilip Limaye is also an investor in Energy Intelligence Center, LLC (“EIC”), whose sole member if Charlie Szoradi.

 

During the last five years, none of the Reporting Persons (i) has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) was a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violations with respect to such laws.

 

Item 3. Source or Amount of Funds or Other Consideration.

 

On August 20, 2020, FOMO CORP. entered into a Letter of Intent (“LOI”) between the Company and Charles Szoradi pursuant to which FOMO CORP. agreed to purchase, subject to the terms and conditions set forth therein, 100% of the Member Interests of Purge Virus, LLC from Charles Szoradi for a total purchase price of two million (2,000,000) Series B Preferred shares of FOMO CORP. A non-refundable deposit of 160,851 Series B Preferred shares was made to Szoradi on September 3, 2020. The Company and Szoradi executed a Definitive Purchase Agreement (the “Purchase Agreement”) for the transaction on September 29, 2020 and closed the transaction on October 19, 2020. On that date, FOMO CORP. issued Szoradi the balance of 1,839,149 Series B Preferred shares due as per the Purchase Agreement. On December 21, 2020, Dilip Limaye exercised his rights under the provisions of a Note for a May 15, 2019 loan to ILED and demanded payment of $500,000 cash from ILED and Szoradi. To resolve all differences and lay the foundation for a potential future partnership between ILED, OEM, PV and FOMO CORP., Szoradi purchased the Note from Limaye for consideration of 450,000 Series B Preferred shares on December 21, 2020.

 

As announced in a definitive agreement on Mach 6, 2021 between FOMO CORP. and Energy Intelligence Center, LLC (“EIC”) and under a settlement agreement between EIC and OEM (above), OEM was issued 75,000 Series B Preferred Shares of FOMO.

 

Mr. Limaye for investment purposes owns 500,000 Series A Preferred Shares of FOMO which is 9.1% of the Series A Preferred Class.

 

Item 4. Purpose of Transaction.

 

Investment

 

Item 5. Interest in Securities of the Issuer.

 

500,000 Series A Preferred shares, representing 9.1% of the class.

 

525,000 Series B Preferred shares, representing 7.0% of the class.

 

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

 

None

 

Item 7. Material to Be Filed as Exhibits.

 

Limaye – Independence LED, LLC Loan Settlement Agreement – December 21, 2020*

 

FOMO CORP. EIC Asset Purchase – March 6, 2021

 

*Incorporated by reference for Form 13D filed December 31, 2020.

 

CUSIP No. 90214L106 13D Page 3 of 4 Pages



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



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

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://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.*

 
FOMC
Current Price
Volume:
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
ETFM News: Current Report Filing (8-k) 11/26/2021 01:01:50 AM
ETFM News: Current Report Filing (8-k) 11/16/2021 04:16:41 AM
ETFM News: Quarterly Report (10-q) 11/15/2021 12:29:39 PM
ETFM News: Current Report Filing (8-k) 11/10/2021 10:22:41 AM
ETFM News: Current Report Filing (8-k) 10/28/2021 04:54:58 AM
PostSubject
#30753  Sticky Note LOL...did you see Vik's drunken rant in discord alwayswatching_here 07/29/21 12:37:31 AM
#29748  Sticky Note FOMO CORP. (“FOMO”) through its wholly owned subsidiary Joecanada13 05/13/21 01:02:25 PM
#31356   I'll never see my money back with these double_m 11/29/21 12:37:56 PM
#31355   "On October 27, 2021, FOMO CORP. (“FOMO”) sold konshe 11/29/21 11:29:58 AM
#31354   Jail time for Vik!! Serge521 11/29/21 10:53:57 AM
#31353   Vik is a thief...SEC will suspend trading Serge521 11/29/21 10:26:50 AM
#31352   I for one hope this piece of shit Smilin_B 11/28/21 11:32:44 PM
#31351   Why hasn't Vik follow through on his promise Smilin_B 11/28/21 11:31:58 PM
#31350   So basically because the company is too broke Smilin_B 11/28/21 11:30:54 PM
#31349   The only virus affecting the share price is Smilin_B 11/28/21 11:28:53 PM
#31348   LOL...."Good faith"...HAHA.... Homebrew 11/27/21 10:12:23 PM
#31347   Nice! All Covid related pennys up big today- Achandler787 11/26/21 12:20:20 PM
#31346   For those who don't follow Discord sessions, this double_m 11/26/21 09:47:21 AM
#31345   News:Diving into oblivion for good reason, KaPlunk doobie45 11/25/21 10:51:40 AM
#31344   There is always news with FOMC. Lol ?? SPecPrototype 11/25/21 08:50:34 AM
#31343   Bottom out without the news. With this news konshe 11/24/21 10:26:45 PM
#31342   Happy Thanksgiving everyone! May God bless us all!! Grace4U 11/24/21 09:52:02 PM
#31341   People greedy with trips - I think it Achandler787 11/24/21 02:49:57 PM
#31340   Wish I could agree with .0008 being the double_m 11/24/21 12:59:38 PM
#31339   Agreed, this stock is reached the bottom at konshe 11/24/21 10:21:31 AM
#31338   https://www.globenewswire.com/news-release/2021/11/23/2340068/0/en/FOMO-CORP-PAR SPecPrototype 11/24/21 07:14:29 AM
#31337   Cut many people have the skill set to Smilin_B 11/23/21 04:45:17 PM
#31336   I disagree. This will be great for shareholders SPecPrototype 11/23/21 04:26:47 PM
#31335   Gee...ya think? Vik Grover screwed all his shareholders Smilin_B 11/23/21 04:20:01 PM
#31334   I think while OTC about to turn Joecanada13 11/23/21 03:07:51 PM
#31333   Wow, just checking in. Ugly in here ! GLTY SPecPrototype 11/23/21 02:12:59 PM
#31332   Ready to rock looks it’s bottomed finally Joecanada13 11/23/21 01:49:26 PM
#31331   As expected, no market response to this less double_m 11/23/21 12:52:58 PM
#31330   Nice! Wholly owned business making some moves Achandler787 11/23/21 12:51:27 PM
#31329   Just seen this as well. Law of Averages 11/23/21 12:38:01 PM
#31328   FOMO CORP. PARTNERS WITH ENERGYCLOUD IN LATIN AMERICA double_m 11/23/21 12:17:25 PM
#31327   agree. konshe 11/19/21 12:10:14 PM
#31326   Let’s GO! IAQ - clean air is a Achandler787 11/19/21 09:31:30 AM
#31325   Good morning, FOMC go aread. konshe 11/19/21 08:57:16 AM
#31324   What happened to reverse split? If you are Salty Bunns 11/18/21 11:35:41 PM
#31323   Me added some at 0.001 too. close on konshe 11/18/21 07:28:21 PM
#31322   I averaged down some more/- it’s a buy Achandler787 11/18/21 04:48:25 PM
#31321   Sure hope so. This one is due for Law of Averages 11/18/21 01:12:56 PM
#31320   Ready to move up. konshe 11/18/21 11:02:03 AM
#31319   Big volume burst out of nowhere all the Law of Averages 11/18/21 10:57:29 AM
#31318   Big volume burst out of nowhere. Law of Averages 11/18/21 10:55:50 AM
#31317   Apparently one happened yesterday but I don’t believe Antiochious 11/16/21 02:37:57 PM
#31316   Vik did it again...Vik bad boy Serge521 11/16/21 12:19:35 PM
#31315   FACT!!! Logged on yesterday to check it double_m 11/16/21 10:24:59 AM
#31314   Are you referencing the fomo hour meetings Discord Smilin_B 11/16/21 07:21:36 AM
#31313   Yes I do, it’s disappointing but it is Antiochious 11/16/21 06:54:04 AM
#31312   Every single time Vik Grover opens his mouth, Smilin_B 11/16/21 03:02:52 AM
#31311   From SGS CEO on Discord earlier today: double_m 11/15/21 09:00:34 PM
#31310   Did the bullshit artist say anything productive or Antiochious 11/15/21 07:20:21 PM
#31309   Since name changed to FOMC from ETFM,this stock konshe 11/15/21 11:28:33 AM
#31307   What basis do you use to come out Smilin_B 11/15/21 03:44:30 AM
#31306   I believe still Achandler787 11/12/21 11:12:59 PM
PostSubject
Consent Preferences