Charles Attila Szoradi - Mar 3, 2022 Form 4 Insider Report for FOMO CORP. (FOMC)

Role: Advisory Board Member, 10%+ Owner
Signature: /s/ Charles Attila Szoradi
Stock symbol: FOMC
Transactions as of: Mar 3, 2022
Transactions value $: -$2
Form type: 4
Date filed: 3/28/2022, 12:13 PM
Previous filing: Oct 7, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FOMC	Common Stock	Sale	-$2	-2.37K	-0.03%	$0.00^*	8.5M	Mar 24, 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.

Content

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.

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.