Charles Attila Szoradi - 03 Mar 2022 Form 4 Insider Report for FOMO CORP.

Signature
/s/ Charles Attila Szoradi
Issuer symbol
N/A
Transactions as of
03 Mar 2022
Net transactions value
-$1.66
Form type
4
Filing time
24 Mar 2022, 11:39:00 UTC
Previous filing
07 Oct 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FOMC Common Stock Sale $1.66 -2,370 -0.02% $0.000700* 14,500,000 22 Mar 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Prior to these sales, I had 1,500,000 Preferred B shares, which convert 1:1,000 to Common shares. This month, FOMC granted conversion of 60,000 of my Preferred B shares to 60,000,000 Common shares. FOMC currently has over 6.57 billion outstanding shares. I understand that by Rule 144, I am eligible to sell up to 1% of the outstanding shares within a given 90-day period. I have started selling the 60m available and eligible Common shares each day up to 10% of the daily volume with a cap of 6m shares per day.
F2 I received the shares in a cashless transaction to sell my business Purge Virus, LLC to FOMC, and the proceeds of the sale will help me pay prior obligations and costs incurred to develop the business.