Szoradi Charles Attila 4
4 · FOMO CORP. · Filed Mar 24, 2022
Insider Transaction Report
Form 4
FOMO CORP.FOMC
Szoradi Charles Attila
10% OwnerOther
Transactions
- SaleSwap
Common Stock
2022-03-22$0.00/sh−2,370$2→ 14,500,000 total
Footnotes (2)
- [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.