On the Discord chat room, FOMO CEO says he just filed another 8-K with an update about outstanding debt. Should be the news we're looking for ;)
There were no conversions today, no dumping by mgmt, and things are looking great.
According to FOMO CEO a quick estimate of debt left is $50K to PowerUp, $25K to GS Capital, $5K to Tri Bridge... then the legal shares left in the Auctus settlement.
Everyone is entitled to their own opinions, but what I see here is a man on mission to clean up this company. He has made good so far and continues to do so. The old management team really made a mess of things so it makes sense that some have a really bad taste in their mouth when it comes to $ETFM but I believe we should see a positive week in the end. There really isn't much of a reason this should be under a penny once all the debt is cleared.
GLTA
THANK YOU FOR CLEARING THAT UP AND HOPEFULLY WE WILL RECEIVE AN UPDATED 8-K FROM OUR CEO PRIOR TO MARKET OPEN