FOMO Worldwide Inc (IGOT)

[Doubleday]

On June 13, 2021, FOMO CORP. (“FOMO”) amended its Articles of Incorporation and filed with the Secretary of State of California to increase authorized shares to twenty billion one hundred million (20,100,000,000), including twenty billion (20,000,000,000) common shares up from ten billion (10,000,000,000) common shares with authorized preferred shares remaining unchanged at one hundred million (100,000,000). The increased authorized shares bring the Company into compliance for convertible preferred stock and associated required common share reserves. In 2021, there have been no requests for conversions of securities into common shares by investors. The authorized share increase eliminates the Company’s need to file for a reverse split to obtain access to capital.