Fomo Corp. signs $ 10 million financing for other OTC: ETFM

Fomo Corp. signs $ 10 million financing for other OTC: ETFM

About FOMO CORP. 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.”

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. Wayman Baker, PhDEVP Corporate Development and Investor RelationsFOMO CORP.(630) 286-9560IR@fomoworldwide.com

Contact: Dwain SchenckSchenck Strategies203-223-5230 dwain@schenckstrategies.comwww.schenckstrategies.com

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 meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time, and our actual results could differ materially from expected results. The Company undertakes no obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this statement or to reflect the occurrence of unanticipated events, except as required by law. FOMO’s business strategy described in this press release is subject to innumerable risks, most significantly, whether the Company is successful in securing adequate financing. No information in this press release should be construed in any form shape or manner as an indication of the Company’s future revenues, financial condition, or stock price. Forward Looking Statements:

Source www.globenewswire.com

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  • Fomo Corp. signs $ 10 million financing for other OTC: ETFM

    , Fomo Corp. Signs $10 Million Financing Other OTC:ETFM

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