Vik Grover's long trail of useless transactions that gave away millions upon millions of shares for absolutely NOTHING!!! The only company that's ever mentioned nowadays is SST. SMDH!
FOMO Corp. DD highlights.
Chicago, IL, March 16, 2022 (GLOBE NEWSWIRE) -- FOMO CORP. (OTC Pink: FOMC) is pleased to provide stockholders and the investment community with an update on the business of its recently acquired SMARTSolution Technologies LP (“SST”) subsidiary. SST is a Pittsburgh, PA–based audiovisual systems integration company that designs and builds presentation, teleconferencing and collaborative systems for businesses, educational institutions and other nonprofits organizations. SST has posted strong year over year closed (unaudited) sales numbers that illustrate robust growth: (Unaudited Numbers) 2019: $3,317,982 2020: $3,070,300 2021: $5,053,539 2022 (Jan-Feb): $2,182,504
Chicago, IL, March 03, 2022 (GLOBE NEWSWIRE) -- FOMO CORP. (https://www.fomoworldwide.com/ - US OTC: FOMC) is announcing that its subsidiary SMARTSolution Technologies L.P. (SST) has posted record revenues for February 2022. SST’s performance is impressive. See below: Feb 2019 $89,188.00 Feb 2020 $195,453.00 Feb 2021 $474,678.00 Feb 2022 $1,686,324.44
Chicago, IL,, March 03, 2022 (GLOBE NEWSWIRE) -- FOMO CORP. (https://www.fomoworldwide.com/ - US OTC: FOMO) board has canceled the reverse split approval that was announced February 1st, 2022. FOMO’s goal in the next coming months is to uplist to a higher exchange. We are looking forward with eager anticipation to what the coming months hold.
Chicago, IL, March 01, 2022 (GLOBE NEWSWIRE) -- (https://www.fomoworldwide.com/ - US OTC: FOMC) The r/s that was announced earlier in January will not happen until the stock price reaches between .01 to .05, or later. Because a reverse split, at the proper time (when the stock has gone up significantly), reduces the number of shares outstanding but proportionately increases the value per share.
Chicago, IL, Feb. 28, 2022 (GLOBE NEWSWIRE) -- FOMO CORP. (https://www.fomoworldwide.com/ - US OTC: FOMC) IT'S OFFICIAL!!! After many months of anticipation, FOMO CORP. is very excited to announce the acquisition of SMARTSolution Technologies as all closing and funding documents were officially signed today.
Sales for 2021 increased by 160% over last year across education and corporate markets Chicago IL, Jan. 18, 2022 (GLOBE NEWSWIRE) -- FOMO CORP.’s (OTC: FOMC) acquisition target under definitive agreement, SMARTSolution Technologies, L.P. (“SST”), the region’s premier Audio/Visual integration company for education, corporations and non-profits, today announced $8.4 million in contracts with $4.8 million closed as of December 31, 2021. The remaining $3.6 million of these contracts are expected to close in the 1st quarter of 2022.
Chicago, IL, Jan. 12, 2022 (GLOBE NEWSWIRE) -- FOMO CORP. (US OTC: FOMC) announces that its wholly owned subsidiaries IAQ Technologies LLC (“IAQ”) and Energy Intelligence Center LLC (“EIC”) will offer UV (“ultraviolet”) Disinfection Robots, designed and sold by a leading provider based in the Northeast, for resale and on a recurring revenue model basis under multi-year contracts.
On January 10, 2022, FOMO’s minority investment Homeland Resources, Ltd. (US OTC: HMLA) removed its wholly owned cannabis social network Kanab Club from open beta. After several months of closed and open testing with over one hundred users, the site’s platform has been proven to be stable and scalable and is now ready to layer on additional functionality. The business’ programmers have completed an invite engine for subscriber contacts, a friend recommendation engine, messaging functionality, public and private feeds, a general chat forum interconnecting with Discord, and third-party interconnections including Weedmaps (https://weedmaps.com/). Going forward, management is budgeting development of a stock chat room, blogging, 420 dating, e-commerce, and iOS and Android apps, much of which is targeted for completion in phases by the end of 2022. FOMO currently owns approximately 28% of Homeland’s diluted shares outstanding.
January 7, 2022, FOMO CORP. Over the past two days, FOMO and the owner of its acquisition target SMARTsolution Technologies, Inc. (“SST”; https://smarterguys.com/) held several meetings with institutional investors and family offices. SST disclosed that it generated total annual revenues in 2019 - 2020 of “just under $4 million” with positive cashflow and/or net profits, and that it received total orders of “$8 million in 2021”. Much of that order book, which remains today in multiple six-figure orders and one-seven figure order of four hundred whiteboards, was unable to be fulfilled due to supply chain disruption. The Company’s interactive whiteboard vendor SMART in Canada (owned by Foxconn) chartered its own ship(s) from Asia and delivered equipment to Canada, bypassing the bottleneck at the ports of Los Angeles and opening up its ability to supply preferred vendors such as SST. The Company has negotiated favorable terms with SMART and expects to fulfill much of its order book during the next 3-6 months. FOMO and SST, subject to debt refinancing of several hundred thousand dollars of bank debt and high interest loans, intend to close their signed business combination on or before January 31, 2022.
Chicago, IL, Jan. 05, 2022 (GLOBE NEWSWIRE) -- FOMO CORP. has signed a $1 million dollar term sheet from an institutional investor for non-dilutive financing to close the planned acquisition of SMARTSolution Technology Inc. [“SST”]. The funding will be used to refinance several hundred thousand dollars of bank debt and high interest credit lines and provide incremental capital for growth with upside expansion for SST’s needs or other FOMO acquisitions. SST currently has several six-figure contracts scheduled to be delivered in the first quarter of 2022 for sales and installations of collaborative audiovisual systems and integrated information sharing and presentation solutions, videoconferencing, and interactive meeting technology for K12 schools, colleges and universities and businesses.
January 3, 2022, 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.
Chicago, IL, Nov. 23, 2021 (GLOBE NEWSWIRE) -- FOMO CORP. is pleased to announce that its wholly owned subsidiary, the Energy Intelligence Center LLC (“EIC” and sister subsidiary IAQ) has partnered with Energy Cloud S.A.C., a Lima, Peru-based provider of clean tech solutions to business, industry and government. EnergyCloud offers energy efficiency, optimization, operations, and economic incentives for the optimization of building equipment, management and automation systems, clean air solutions, LED lighting and HVAC management technology, throughout Latin America and the U.S. https://www.globenewswire.com/news-release/2021/11/23/2340068/0/en/FOMO-CORP-PARTNERS-WITH-ENERGYCLOUD-IN-LATIN-AMERICA.html
September 21, 2021. IAQ Technologies, LLC. (p/k/a/ Purge Virus, LLC): IAQ Technologies, LLC, is a subsidiary of FOMO CORP (FOMO) and focuses on the air quality within and around buildings and structures, especially as it relates to the health and comfort of building occupants.
July 31, 2021. FOMO CORP.’s (“FOMO”) Board of Directors today approved the sale of the Company’s stake in KANAB CORP., owner and operator of a cannabis health and wellness social network @ www.kanab.club for 150,000,000 common stock equivalents in the form of 150,000 Series B shares of Himalaya Technologies, Inc. (a.k.a. Homeland Resources, Ltd.) (US OTC: HMLA)
MADISON, NEW JERSEY, UNITED STATES, July 26, 2021 SmartGuard-Solutions LLC (SGS) subsidiary SmartGuard Energy LLC (SGE) which is under a definitive agreement to be acquired by FOMO CORP, with the re-opening of business in Puerto Rico from a strict COVID lockdown earlier in July, SGE and its local partners have resumed work on approximately $19MM in near-term energy efficiency and renewable energy projects from a large telecommunications company. Of this amount, approximately $4.4MM is currently in process with an additional $6.1MM expected to begin in the 4th Q, 2021 once permitting and other authorizations occur. The balance of the projects are renewable energy projects expected to begin in the 2nd half of 2022.
June 22, 2021. FOMO CORP. (“FOMO”), through its wholly owned subsidiary FOMO ADVISORS LLC, has been retained by Homeland Resources Ltd. (US OTC: HMLA) to advise the Company on restructuring and mergers and acquisitions.
Chicago, IL, March 09, 2021 (GLOBE NEWSWIRE) -- FOMO CORP. ("FOMO") is pleased to announce that it has acquired the assets of the Energy Intelligence Center, LLC ("EIC"). EIC provides an integrated suite of energy efficiency solutions for education, commercial, multi-family, healthcare, and industrial facilities through algorithmic software and the added benefits from strategic clean-tech partners. EIC partners: Clean Peak Energy uses the thermal mass of your building as a “battery” to store temperature and reduce peak interval energy costs. BuildingFit uses data analytics with measurement and verification to identify areas of savings and track performance.
Chicago IL, Feb. 16, 2021 (GLOBE NEWSWIRE) -- FOMO CORP. has acquired the assets of Independence LED Lighting, LLC (“ILED”) for 250,000 restricted Series B Preferred shares valued at $2.5 million.
Oct. 19, 2020 (GLOBE NEWSWIRE) — FOMO CORP. (US OTC: ETFM) is pleased to announce that the acquisition of PV by FOMO has been completed, effective October 19, 2020.
