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There is a very enlightening dialogue on dilution, etc. on Discord: https://discord.com/channels/794645901922402365/794645901922402368
According to the Definitive Agreement, it is an all stock acquisition.
Lot's of good news. What are your thoughts about this?
I have reached the same conclusion.
There has been no pumping. The CEO has been honest and transparent.
2050 Motors is in the past. There is no connection to the new business.
Purge Virus is a real company. Congratulations to the FOMO CEO for getting this done.
Congratulations to the CEO for his persistence in creating this opportunity!
I think it is encouraging that the CEO plans to complete the financials in the near future and hold a shareholders' meeting. We can't live on fossil fuels forever.
What is the latest with 2050 Motors (FOMO CORP)?
Congratulations to Vik Grover, the FOMO Corp. CEO. Mr. Grover has launched a new beginning for 2050 Motors (now FOMO Corp.). Some of the highlights from Exhibit 10.1 in this morning's 8K include:
-The creation of a cannabis social network (Kanab.Club), a safe, convenient, social platform for cannabis users.
-The sales of products and services in the CBD portion of the cannabis marketplace (in the U.S.) are projected to reach about $16 - 20BN over the next 5 to 6 years, with 41% of the sales via the Internet by 2022, providing an excellent investment opportunity.
- Plans include an e-commerce marketplace via Kanab.Club for CBD products
I agree!
The.0037 buy alert was issued by Powerbattles, not by the CEO. The CEO has not been pumping the stock. He has been very transparent in telling us what steps he has taken, or plans to take. Remarkable for the OTC, don't you think?
I agree.
Absolutely agree!
There is strong potential with this company. The CEO is very intelligent and transparent. The new 10 Q is due this month and should be out soon.
I think you are confused. The toxic debt is gone.
I agree with PB. The CEO terminated the toxic note and the lender is done converting the debt they had purchased.
Well-stated!
I added today as well. See you at the top.
Given the mess that the new CEO had to clean up, serious upward pps wasn't going to happen overnight. Now the financials are up to date, the CEO can now "play offense' as he likes to say. Need to think long-term on this play.
Your patience will reward you.
He is a fine business plan. Please read the DD from PB, IN THE KNOW, etc.
I don't think you understand the business model here.
Yes, but in this case, I judge the CEO to be sincere and very transparent.
Vik said he wouldn't do a RS.
You both are wrong.
Thanks very much for sharing this information.
I think there is a future here. Let's see what happens before saying last rites.
I respect your opinion, but I am confident this guy is different.
Much of the recent selling was by people with shares connected to the previous management. This has about run its course.
Yes, most of them do. This guy is different.
The CEO said he would not do a reverse split.
The old info on 2050 Motors, including electric cars in China, etc. is outdated and embarrassing. Can the moderator who posted it please take it down? Thanks.
After the very positive 2050 PR, I predict a slow sell day. Let's see whose is right.
Yes, but working through the legal process will give 2050 much needed time to get revenue coming in so if the ruling is negative they will be better able to pay the debt.
Regarding the expensive fee to access Monday's WSR interview with Vik, I sent a message to him to see if there was another way to access it. Here is his reply, via LinkedIn:
"I can just do a call with investors we don't need to pay for that, I'll set one up. I told them they could market to our shareholder list if they gave me the link for a week and they didn't want that."
Based on this very positive news, the .0005 pps should be in the rear view mirror once and for all.
I asked Vik to post it on the 2050 Corp. website.
Received a reply to my message to Vik regarding today's interview. Vik says: "It is 5pm but I don't think it is live...."