Replies to post #22520 on FOMO Worldwide Inc (IGOT)

[Drewbadour]

$ETFM reports aged debt with interest down to est. $136K, with 10x reserves expected to return to the company mitigating need for A/S increase and other share structure action


Meaning no need for AS increase

[SusieQutie]

Actually, no. Mitigate, if you care to look in a dictionary, means to lessen or reduce the need. So this is actually good and welcome news. It’s not a guarantee, of course, but good news nonetheless.