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8K posted
T minus 4 days until 2022 strategic presentation.
Question asked on Discord:
Are there any actual sales and is there any actual revenue to report yet?
FOMO IR: So with IAQ there are a few sales (4th qtr) and revenue starting out 2022. With SST, they are booming but I can't disclose those numbers yet.
Talking with the accountant I can see where you are wanting to see the numbers for IAQ. They didn't do a lot last year. I know they did a major revamp to the websites, have hired new sales people and I am working with two of their people on a social media marketing strategy that will start Monday.
Much better board now that Vik is no longer on it!!!
ALYI really needs an IR Department!!!
Seems their new IR rep Madison is doing most of the communicating now. Candid and way better interaction with investors thus far. Hopefully that means they put a muzzle on Vik.
Yeah, started paying more attention to it around $15 and made a nice profit between there and $19. Added a chunk with my LCID around $20 for the long term. Waiting until around beginning of March to see what LCID does before I convert a chunk of my TSP into it. GLTY
Same here. Wish I had bought back when it was $6.
Current Report Filing (8-k)
January 06 2022 - 11:07AM
Edgar (US Regulatory) Alert
Date of Report (Date of earliest event reported): January 1, 2022
FOMO CORP. (Exact name of Registrant as specified in its Charter)
CALIFORNIA 001-13126 83-3889101
(State or other jurisdiction of incorporation) (Commission File No.) (IRS Employer Identification No.)
1 E Erie St, Ste 525 Unit #2250, Chicago, IL 60611 (Address of principal executive offices)
(630) 286-9560 (Registrant’s Telephone Number)
FOMO CORP. is referred to herein as “FOMO”, “the Company”, “we”, or “us”.
Item 8.01 Other Events.
FOMO’s minority-owned investment Himalaya Technologies, Inc. a/k/a Homeland Resources Ltd. (OTC: HMLA) has signed a 19.9% stock purchase with The Agrarian Group LLC (“TAG”; http://www.theagrariangroup.com/), a provider of digital intelligence “AgtechDi” software designed from its granted patents to optimize the food supply chain by increasing food safety and profitability for growers who operate vertical farms, greenhouses, converted shipping containers, and other forms of controlled environment agriculture. Under the Investment Agreement, Himalaya is issuing TAG 99,686 Series B Preferred shares in exchange for 1,242,000 Class A Membership units of TAG. The transaction will be accounted for as an investment using a pre-money valuation for TAG of $10 million. Share issuances are expected to be completed by January 10, 2022.
Saw an article this morning by Seeking Alpha taking about the big boys (Volkswagen, GM, Ford, etc) taking a big chunk out of the market by introducing their EV initiatives. Hell, they have the money, engineers and infrastructure already in place to expedite hitting the market in no time at all.
Bikes were designed by MODUS design engineers, manufactured by 'an EV compony' in China, and, as far as the Ethiopia venture goes, assembled by local company/workforce.
ALYI Schedules 2022 Strategic Outlook Presentation For Next Week
9:55 AM ET 1/6/22 | GlobeNewswire
ALYI Schedules 2022 Strategic Outlook Presentation For Next Week
Dallas, Texas, Jan. 06, 2022 (GLOBE NEWSWIRE) -- Alternet Systems, Inc. (OTC Pink: ALYI) today announced the company plans to release a 2022 strategic outlook presentation next week on January 11(th) , 2022.
ALYI recently announced the company anticipates realizing $2 million in revenue for 2021 resulting from the sale of electric motorcycles and three wheeled electric vehicles going into service in the taxi and delivery markets in East Africa.
ALYI also recently announced improving conditions for the company to reach its $50 million stretch revenue goal for 2022.
ALYI's Electric Vehicle (EV) Ecosystem strategy is concentrating efforts first on developing solutions for the East African market where per capita transportation is low and EV solutions have the potential to be a first to market transportation solution rather than a replacement of an existing solution.
ALYI has designed its EV Ecosystem solution to include democratized participation. ALYI has partnered with Revolt Token (RVLT) to finance ALYI's growth by offering participation in the EV Ecosystem through the sale of Revolt Tokens. The presentation next week will include the latest progress from Revolt Token and their independent outlook for 2022.
ALYI has also recently announced projects with WaterPure International, Inc. (OTC Pink: WPUR) and Priority Aviation, Inc. (OTC Pink: PJET). ALYI's presentation next week will include the latest on these two projects.
T minus 5 days
From FOMC IR: SST acquisition to close before 31Jan22.
Expecting slow burn back down with no prospects of substantial news in the near future. EOW will tell.
From FOMO IR with regards to purpose of 8-K/A:
Amended Current Report Filing (8-k/a)
January 06 2022 - 06:11AM
Nothing of substance in premarket 8-K/A. Just a correction to previous 8-K referring to HMLA as a minority owned subsidiary as apposed to being a minor investment.
Very scary run today. 7.7B+ OS with news of $1M ABL loan, CANX of 20M common shares warrants to resigned member of AB, and looming M&A action. Per FOMO IR, expect Wednesday premarket PR.
I don't think any of ALYI is owned by iQSTEL. They just have a deal to provide batteries for ALYI's bikes if I remember right. The only other thing is they use the same design engineering company, MODUS. All laid out in PR from August timeframe. Please verify for yourself though.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 27, 2021
FOMO CORP. (Exact name of Registrant as specified in its Charter)
Title of each class Trading symbol(s) Name of each exchange on which registered
Common FOMC OTC Pink
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2) ?
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act ?
FOMO CORP. has signed a term sheet with an institutional investor for a $1,000,000 non-dilutive financing in the form of an asset backed lending (“ABL”) facility. Due diligence is currently underway with closing expected on or around mid-January 2022. The loan will be secured by all assets of FOMO CORP., including existing businesses and investments and any acquisitions, subject to credit review of borrowing base(s).
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: January 3, 2022 By: /s/ Vikram Grover
Vikram Grover
Chief Executive Officer
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 30, 2021
FOMO CORP. (Exact name of Registrant as specified in its Charter)
CALIFORNIA 001-13126 83-3889101
(State or other jurisdiction of incorporation) (Commission File No.)
(IRS Employer Identification No.)
1 E Erie St, Ste 525 Unit #2250, Chicago, IL 60611 (Address of principal executive offices)
(630) 286-9560 (Registrant’s Telephone Number)
(Former name or address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
? Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
? Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
? Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
? Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading symbol(s) Name of each exchange on which registered
Common FOMC OTC Pink
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2) ?
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act ?
FOMO CORP. is referred to herein as “FOMO”, “the Company”, “we”, or “us”.
Item 8.01 Other Events.
Shamira Jaffer has resigned from the FOMO CORP. Advisory Board. There were no disagreements between Ms. Jaffer and the Company. Twenty million common stock purchase warrants issued to Ms. Jaffer have been canceled.
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: January 3, 2022 By: /s/ Vikram Grover
Vikram Grover
Chief Executive Officer
Completely agree. Lots of unanswered questions. I think the tank remained and just being used as a conduit for the internal charging cable. The higher up on the bike the better, to prevent water intrusion from the road.
T minus 7 for the 2022 strategic presentation.
The bike is not a new design. Remember, it's based on the retro BMW R71. It makes sense for it to keep the visible similarities, but just converting it to an EV.
Here's your "gas cap" on the Harley Davidson E-bike folks!
https://www.cnbc.com/2021/12/17/harley-bets-on-a-future-in-which-ev-may-be-bigger-than-hog.html
With regards to the gas cap discussion, please take a look at the bike in the link below. It has several similarities and what appears to be a gas cap.
https://jszhongxing.en.made-in-china.com/product/RBzQIvmJTcpG/China-Cg-Model-Electric-Motorcycle-with-Big-Power-Lithium-Battery-Quality-No-1.html
I wouldn't give Vik that much credit just yet. Non-dilutive, yes, but still taking on more debt...and this time, putting the company's and acquisitions' assets up as collateral. He better not goon this up! Asset backed lenders WILL take your s#!%!
Opibus is killing it in Kenya. The Kenyan market is swarming with E-motorcycle companies. This is why I was surprised when ALYI decided to do a rollout here.
https://www.opibus.se/post/uber-partnering-with-opibus-to-scale-the-use-of-electric-motorcycles-in-africa
T minus 8 days for this 2022 outlook presentation. Hopefully EOY 2021 accomplishments are included!!!
Date of Report (Date of earliest event reported): December 27, 2021
FOMO CORP. has signed a term sheet with an institutional investor for a $1,000,000 non-dilutive financing in the form of an asset backed lending (“ABL”) facility. Due diligence is currently underway with closing expected on or around mid-January 2022. The loan will be secured by all assets of FOMO CORP., including existing businesses and investments and any acquisitions, subject to credit review of borrowing base(s).
Not sure. That is the bike they had on the latest news release. Keep in mind that battery solutions are a big part of their EV division's focus.
$1!!!
Resistance shifted from .7099 to .76.
Key Turning Points
DAILY52-WEEK
3rd Resistance Point 0.8200
2nd Resistance Point 0.7800
1st Resistance Point 0.7600
Last Price 0.7365
1st Support Level 0.7000
2nd Support Level 0.6600
3rd Support Level 0.6400
LOD close. And so the rapid decline begins.
HOD close. Can't beat it! Glad to be here for the ride up.
Wow, finally broke through!
PJET To Launch EV Sales Through University Campus EV Roadshow
Priority Aviation, Inc.
Tue, December 28, 2021, 6:48 PM
Dallas, Texas, Dec. 28, 2021 (GLOBE NEWSWIRE) -- Priority Aviation, Inc. (OTC Pink: PJET) (“PJET”) today announced the company will soon be introducing electric motorcycles and scooters for use on university campuses. PJET plans to start taking orders in the first quarter of 2022. The company is launching a university campus roadshow first in Texas, where it will bring its electric motorcycle and scooter models to campuses for demonstrations and to take orders.
PJET recently introduced a new business focus, delivering technology solutions to improve the student living experience. The PJET student living technology solution is centered on a Student Housing By Owner (SHBO) App. The development of the App is complete, and the App is now undergoing an internal quality review. The App is expected to launch in production imminently.
PJET is also building a brick-and-mortar component of its business to physically trial and prove parameters for its technology solutions. The company has reached terms to fund and build a student housing residential building in Texas that will support a small private university with an enrollment of approximately 1200 students.
PJET recently announced that it would add an EV pilot to its brick-and-mortar pilot. The pilot project initiative has now expanded and has grown into a multi-campus sales program.
PJET has partnered with Alternet Systems, Inc. (OTC Pink: ALYI) for the production of electric motorcycles and scooters.
21 million U.S. college students are estimated to have over $376 billion in spending power. In 2020, students spent $39 billion on food alone. Annual student spending on clothes and accessories is estimated at $67 billion. Universities themselves spend approximately $1 billion annually advertising to the university student demographic.
PJET’s Student Housing App design includes an artificial intelligence engine intended to integrate a network of businesses addressing the student living ecosystem.
Visit the company’s new website periodically to look for the latest updates
Company Website – www.pjet-info.com
The details on achieving this "$2 million in revenue in 2021 resulting from the sale of electric motorcycles and three wheeled electric vehicles" remains highly classified. Could we be pleasantly surprised on 11Jan22? Or, will it be the usual vague, detail lacking update?
ALYI Confirms $2M In 2021 EV Sales With $50M 2022 Revenue Target Coming Into Sight
11:18 AM ET 12/28/21 | GlobeNewswire
ALYI Confirms $2M In 2021 EV Sales With $50M 2022 Revenue Target Coming Into Sight
Dallas, Texas, Dec. 28, 2021 (GLOBE NEWSWIRE) -- Alternet Systems, Inc. (OTC Pink: ALYI) today confirmed the company anticipates realizing $2 million in revenue in 2021 resulting from the sale of electric motorcycles and three wheeled electric vehicles going into service in the taxi and delivery markets in East Africa (A press release was published last week that mistakenly indicated "2022" instead of "2021" in the headline when referring the $2 million in EV sales).
ALYI management indicates the conditions and milestones necessary for the company to reach its $50 million stretch revenue goal for 2022 are coming together.
The company plans to release a 2022 strategic outlook presentation on January 11(th) , 2022.
ALYI's Electric Vehicle (EV) Ecosystem strategy is concentrating efforts first on developing solutions for the East African market where per capita transportation is low and EV solutions have the potential to be a first to market transportation solution rather than a replacement of an existing solution. ALYI has designed its EV Ecosystem solution to include democratized participation. ALYI has partnered with Revolt Token (RVLT) to finance ALYI's growth by offering participation in the EV Ecosystem through the sale of Revolt Tokens.
To learn more about Revolt Token and how to participate in ALYI's electric vehicle ecosystem through the purchase of Revolt Tokens, visit https://rvlttoken.com/.
For more information and to stay up to date on ALYI's overall latest developments, please visit www.alternetsystemsinc.com.
Website still under construction. No updates.