FOMO Worldwide Inc (IGOT)

[Joecanada13]

Big updates from $ETFM, FOMO Corp., during FOMO Hour on 3/24. Several MAJOR catalysts coming over the next couple of weeks.
There is a lot of confusing information about FOMO Corp, $ETFM. We aren't going to dive into all the past non-sense other than to make a few declarative statements:

- The company is called FOMO Corp. The name was changed at the state level, but not yet with FINRA/SEC. Therefore, if you search for the ticker you will see ETFM, 2050 MOTORS. A name/ticker change was applied for with FINRA but there was some trouble getting their first choice of the ticker. The paperwork has been resubmitted with new choices for the ticker, should get a response from FINRA next week.

- There is no EV play here at all. The company was restructured after loads of shenanigans by the previous mgmt.

- Vik Grover, current CEO who was appointed to clean up the mess, changed the name, changed the focus of the company to be a technology incubator, building an 'ecosystem' of companies whose products and services complement each other and together can offer a one-stop-shop for air quality, disinfection (bi-polar ionization and UV-C), LED/Smart lighting, and AI-powered software to manage it all.

Here are some links for you to start your own DD.

(link to corporate website: https://www.fomoworldwide.com )

(link to Investor Summary / January 2021 https://80b2d925-a835-4995-89fb-54e1cf64314a.filesusr.com/ugd/14ef60_bc71205c598a4d269543e779de32735d.pdf )

(link to presentation deck from last shareholder conference call https://80b2d925-a835-4995-89fb-54e1cf64314a.filesusr.com/ugd/14ef60_f8c935684fb043bd86d0a10a99b04bac.pdf )

Now that you're all caught up on the past, let us talk about what's coming down the pike.

There is a discord managed by the company where the CEO comes online to answer questions directly to current AND POTENTIAL investors in real time. Here are some of the biggest updates provided and some answers to questions:

(link to discord: https://discord.gg/KEGY9FAw )





First up, FOMO Corp Investor relations said:

(copy and paste from discord below)

The most significant news for FOMO CORP. from the past week:

March 24, 2021 message from Bill Butler, SmartGuard Energy CEO:

“SMARTGUARD ENERGY, currently under LOI for M&A by FOMO CORP. 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 $20MM 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 and expected to sign a Definitive Agreement with FOMO CORP. by April 15th.

FOMO CORP. - received a term sheet today from an institutional investor committed to raising the necessary funds to complete all the acquisitions that have been announced.”

2. From March 17, 2021 email from FINRA regarding the application to change the company name and ticker symbol: “Please be advised that we are in receipt of all of the required documentation at this time. Your request is currently under review. An update will be provided as soon as our review is complete.”

3. From March 19, 2021 press release regarding “FOMO CORP.’S M&A TARGET ECOLITE WINS LARGE LIGHTING CONTRACT” (http://www.globenewswire.com/news-release/2021/03/19/2196141/0/en/FOMO-CORP-S-M-A-TARGET-ECOLITE-WINS-LARGE-LIGHTING-CONTRACT.html):

- Ecolite LED (https://ecoliteled.com/) under an LOI for acquisition by FOMO CORP., was awarded a

$1.5MM contract to upgrade the lighting for a recreation district in Mandeville, LA.

- Estimated net energy savings of 50% annually resulting in the Central Louisiana Electric Company

agreeing to pay 100% of the total cost of the project.

- Covering 100% of the cost of the project through the savings for EcoLite’s client 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).

4. On March 22, 2021, filed an amended 8K

(http://archive.fast-edgar.com/20210322/AN24D22CZ22RDJNX222P2ZY2NAKMZZ22Z232/) to update

shareholders on how we disseminate information on social media consistent with SEC guidance

https://www.iflr.com/pdfsiflr/Webinar/The-Guide-to-Social-Media-and-the-Securities-Laws.pdf

5. You can now follow us on Facebook at: https://www.facebook.com/FOMOCORP Also, don’t forget to

check our website periodically for updates (https://www.fomoworldwide.com/).



Next up, Charlie Szoradi, CEO of Purge Virus, LLC:

(copy and paste from discord below)

u/everyone In addition the first of the three PA condominium community disinfection projects completing installation this Monday and the cover story on Manufacturing Technology Insights magazine for mid- May, here is another key update: Purge Virus banks at Bryn Mawr Trust Bank (https://www.bmt.com/). Prior to COVID-19, BMT paid one of FOMO's holdings, Independence LED Lighting, to conduct comprehensive lighting energy audits on all of their 44 branch locations. The work was suspended due to the pandemic. Now that vaccination is gaining traction, the energy auditing work is intended to commence and the opportunity to improve indoor air quality is an additional potential revenue stream. Good News: On March 10, 2021, BMT announced the consolidation with WSFS Bank (https://www.wsfsbank.com/). WSFS operates from 112 offices, 89 of which are banking offices, located in Pennsylvania (52), Delaware (42), New Jersey (16), Virginia (1) and Nevada (1). Independence LED banks at WSFS, and the consolidation may lead to more work for lighting as well as improved indoor air quality. This is an example of the interconnection and synergy among the FOMO clean technology holdings.



Then we have Andrea Breaux, Director of Marketing for Ecolite & PPESI and point person for social media.

(copy and paste from discord below, questions from the public in ITALICS)

Several shareholders have sent comments or suggestions related to improving the search engine optimization for the FOMO website. We have discussed these with the web developer. Here is his statement: "We believe we have found and isolated the key issue with the SEO and site Indexing. We believe there was an error that occurred when we initially submitted the sitemap for indexing. This caused Google to assign the pages other than the homepage to ‘no index’…… therefore, not properly indexing all of the site pages at launch which would factor in the SEO ranking of the site. In order to rectify this situation, we went in and re-submitted to Google new sitemaps and made sure to re-verify the status of each page within the Google search console. This should help significantly in ranking the site. With that being said, we're discussing options with the FOMO team to further improve the SEO with a content-first strategy. In time this will continue to improve."

- Should we expect a 10K soon?

We are working on the 10K for 2020. It is due on March 31.

- Are the any updates with potential contracts for EcoLite?

We are anticipating contracts to be announced for several school districts in Louisiana during April 2021 with a contract range of a few to several million dollars per contract.

- How are the condo projects progressing with Purge Virus? Any updates on expanding in that sector? The disinfection installation for the first of the condo communities was installed on Monday, 03/22/2021. The next two community projects are set in motion with expected installation over the next two weeks.

- I also was wondering about the PR firm and if there is a plan in place to start getting the name out there? I remember there was talk about a possible ad in a Journal somewhere but I couldn't recall. Schenck Strategies is working on a placement with Properties Magazine. The profile will be in an upcoming issue focused on HVAC systems.

- Could you go into detail on Purge Virus’ contracting expenses as well as the expected synergies with FOMO CORP. upon acquisition?

Purge Virus, LLC was acquired by FOMO CORP. on October 19, 2020. The financials are contained in the 8K referenced earlier.



Lastly, FOMO Corp. CEO Vik Grover took some questions

(copy and paste from discord below, questions from the public in ITALICS)

The one prepared remark I had for this hour is that I am going to Atlanta with Smartguard's Bill Butler to complete due diligence on Lux Solutions. I will be kissing a truck. Also, Lux has taken pics of all their LA trucks and a video of their facility there and completed their data room. All of our deals are on track and in various stages of DD.

("kissing a truck" is a euphemism meaning he will go and see for himself that it's real.. yeah, never heard it myself either, so I learned a new phrase)

- After the current round of m&a activity comes to a close, will FOMO Corp. put together its own sales dept, or rely on the sales teams already in place at the separate companies?? Do you think FOMO Corp could benefit from a central sales dept to coordinate between the various arms of FOMO Corp?

We have hired a strategic consultant to create a back office for all companies and a master sales sheet. All companies have salespeople in different capacities. All have different channels. His job is to coordinate them all. Some have dedicated paid salespeople, some like Purge Virus has 10-99's who have life-sustainable jobs. When we raise real dough we will integrate them all weed out the underperformers and go big

- What are the profit margins on Smart Guards services?

Smartguard % range from 25%-75%. Lighting as a service is wildly profitable after the first year or two. Power as a service deals are 20-year contracts and have substantial profit. It's not a one-off sales model.

- Any other sectors? Innovative techs you interested in acquiring?

We are currently looking at building an agrotech business. Put the Independence LED grow lights into a sub and add some grow tech software to manage indoor cultivation. Related to WorkMerk.

- Puerto Rico update? (for context, Smartguard, one of the m&a targets, is putting together a $100M+ deal in PR)

For Puerto Rico, I cannot speak for Smartguard except Butler is going down there soon so read between the lines for Smartguard. Butler on deck pitches coming in.

- Should we expect 10k soon?

For the 10K, on the FOMO corporate side, we are done. The finance group is doing the derivative calculation then drop the #s in it goes to auditor. Every time I think we are about to breakaway I get a new hurdle. Auditor was in the hospital last week so once again we try to break free. He is back now. So I am hopeful for K by Friday. Deadline is Tuesday. All the text is done. There may be two lenders to confirm debt still and the valuation work. But the K text and numbers are done. 90%.

- Can we expect all of the current LOIs to end in deals?

Goal is to get the LOI's to definitive agreements. Then they are not hopes and dreams. The longer it takes the better the targets are doing. It is a unique deal. I don't know what Butler said on Smartguard except won a contract with a major casino operator. You all saw the EcoLite deal last Friday. This deal is 10x-20x that.

- Have you been looking into US multistate operators (us cannabis) to sell grow lights or hvac systems? I know you said you have some type of relations to GRWG and the US is slowly legalizing around the country, was wondering if steps are being taken in place in the background to supply equipment

I know Charlie has some deals with grow farms for cannabis but also real food. Kelly at EcoLite also has relationships. I don't know if they are multistate or one offs but I know one of them is a former prison turned into a farm. Quite interesting world we live in. Strip malls next.

- When will the 10k for 2021 Q1 be presented roughly ?

goal was today, auditor sick, target is Friday, deadline is Tuesday, it is 90% done see above I spent 3 nights 12am-6am on it this week. We will deliver it. I filed the Purge Virus numbers already the rest is just proof of all the dilution we suffered TBH. By the way those were just running startup numbers I know people may have been disappointed, they do not include Navajo Nation or other.

We should have filed them earlier but we spent all December doing a K and 3Q's and have been doing the books. We are small staff and I just beefed it up with BRIO FINANCIAL GROUP out of NJ go Google them. I know it is time to go to the next level and we are.

- Hi Vik What about graphite?
Graphene deal wanted a monster valuation and a proposal but then refused to sign an NDA and provide info so I walked

- PPESI?

PPESI deal is alive just waiting for Kelly to hit it out of the park. Nothing wrong except lots of scammers out in the world who do not have buyers and making claims. Will likely extend it out.

- When will you name the funding Source Vic? Sounds like a lock!

Funding source - we have proposals from a few funds. This may be my most important decision of my life. I am holding to get the third one then this is a classic case of taking it to the Board.

- What is latest with ticker change to IGOT if we are still doing that 1

Final (final final final) response to FINRA submitted a week ago. They said by EOM. Baker will call them next week if nothing again. Nothing more we can do TBH. #1 is IGOT.

I told FINRA to at least change our name even if lousy ticker remains. SMH I do not know what else to do.

END OF FOMO HOUR

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OK, so that's what we learned today from FOMO Hour. There are some big things happening here at FOMO Corp. As always, please do click on links and check things out for yourself. FOMO Corp tries to be as transparent as legally possible. No tricks, no games, just hard-working, highly intelligent people trying to put together something special. Nothing happens overnight though, so if you're in it, be patient. If you're not in it.... get in now while we are briefly under .01. It won't be here for long. Last time it touched .005 on a dip we ran to .02 with not too much news, and no revenues. Now we have plenty of contracts in the works and a fair number of signed deals at this stage of the game. Next time the PPS goes up above .02, it isn't coming back down again.



I'll leave you all with one question..... what story do you want to tell your grandkids one day? The story of how you took a chance on this company when it was still in its infancy, and that's why you get to visit this baller house and enjoyed the finer things in life?? Or the story of how you wish you would have taken a chance and invested in a company that could've made you a millionaire, but instead you are in the same place now as you were then.....



(please note, any opinions expressed here at the end are my own. read up and do your DD as I'm not a financial advisor)