Current Report Filing (8-k)
December 23 2020 - 2:19PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
DC 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the
Securities
Exchange Act of 1934
Date
of Report (Date of earliest event reported): December 21, 2020
FOMO
CORP.
(Exact
name of Registrant as specified in its Charter)
CALIFORNIA
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001-13126
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83-3889101
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(State
or other jurisdiction
of
incorporation)
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(Commission
File
No.)
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(IRS
Employer
Identification
No.)
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1
E Erie St, Ste 525 Unit #2250, Chicago, IL 60611
(Address
of principal executive offices)
(630)
286-9560
(Registrant’s
Telephone Number)
(Former
name or address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions (see General Instruction A.2. below):
[ ]
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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[ ]
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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[ ]
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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[ ]
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class
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Trading
symbol(s)
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Name
of each exchange on which registered
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Common
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ETFM
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OTC
Pink
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Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR
230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2) [X]
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act [X]
FOMO
CORP. is referred to herein as “we”, “us”, or “us”
ITEM
8.01 Other Events
FOMO
CORP. (“FOMO” or the “Company”) hereby reports that its affiliate/control person Charles Szoradi, CEO
of its wholly owned subsidiary Purge Virus, LLC, has purchased a debt owed by his separately owned Company, Independence LED,
LLC (https://independenceled.com/; “ILED”), from Dilip Limaye. For background, Limaye loaned $200,000 to ILED
on May 15, 2019 with an extension of terms granted on May 20, 2020, with total amounts due including principal, interest, and
penalties of $500,000 as of the date of their agreement filed herewith. On or around December 22, 2020, Szoradi transferred 450,000
Series B Preferred shares to Limaye and 50,000 Series B Preferred shares to his advisory firm, EDGE FiberNet, Inc. (https://edgefibernet.com/),
to purchase the obligation in full and end all disputes.
Item
9.01. Exhibits
(a)
Exhibits. The following exhibit is filed with this Current Report on Form 8-K:
Exhibit
No.
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Description
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10.1
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Limaye – Independence LED, LLC $200,000 Loan Document – May 15, 2019
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10.2
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Limaye – Szoradi Note Transaction and Settlement Agreement – December 21, 2020
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10.3
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Limaye – Szoradi Sale of Independence LED, LLC Note – December 22, 2020
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10.4
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Limaye – Independence LED, LLC $200,000 Loan Extension – May 15, 2020
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10.5
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EDGE FiberNet – Szoradi Consulting Agreement – December 21, 2020
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SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
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FOMO
CORP.
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Date:
December 23, 2020
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By:
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/s/
Vikram Grover
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Vikram
Grover
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Chief
Executive Officer
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