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FOMO CORP ACQUIRES OWNERSHIP POSITION IN SMARTGUARD ENERGY
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FOMO CORP SIGNS DEFINITIVE AGREEMENTS WITH SMARTGUARD ENERGY LLC
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Chicago, IL, April 08, 2021 (GLOBE NEWSWIRE) 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:
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.”
The call will be moderated by Mr. Christopher Aguele, Wealth Manager for American Strategic Advisors, email
:
About FOMO CORP.
FOMO CORP. is a publicly traded company focused on business incubation and acceleration. The Company invests in and advises emerging companies aligned with a growth mandate. FOMO is developing direct investment and affiliations - majority- and minority-owned as well as in joint venture formats - that afford targets access to the public markets for expansion capital as well as spin-out options to become their own stand-alone public companies.
Forward Looking Statements:
Statements in this press release about our future expectations, including without limitation, the likelihood that FOMO CORP. will be able to meet minimum sales expectations, be successful and profitable in the market, bring significant value to FOMO CORP.’s stockholders, and leverage capital markets to execute its growth strategy, constitute forward-looking statements within the meani
FOMO CORP.’s PURGE VIRUS PARTNERS WITH SAFELY OPENING SCHOOLS LLP
March 05, 2021 13:15 ET | Source: FOMO CORP. FOMO CORP.
Chicago, IL, March 05, 2021 (GLOBE NEWSWIRE) FOMO CORP. (US OTC: ETFM) is pleased to announce that its wholly owned subsidiary, Purge Virus LLC (https://purgevirus.com/), has signed a teaming agreement with Safely Opening Schools, LLP (“SOS”) to support the goals of parents, students, teachers, and administrators to safely reopen K-12 schools. The new Biden Administration and governors across the U.S. also seek to bring in-person learning back as practically possible. The teaming agreement is centered around mutual referrals and reselling of each company’s products and services to create comprehensive COVID-19 mitigation solutions.
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