Friday, April 09, 2021 11:24:17 PM
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."
~ Opinion is the medium between knowledge and ignorance ~ PLATO
Use your brain not my expressed opinions as they are infants of knowledge for entertainment only.
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