Form 8-K FOMO CORP. For: Jul 30

 

 

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): July 30, 2021

 

FOMO CORP.

(Exact name of Registrant as specified in its Charter)

 

CALIFORNIA		001-13126		83-3889101
(State or other jurisdiction of incorporation)		(Commission File No.)		(IRS Employer Identification No.)

 

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):

 

[  ]	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class		Trading symbol(s)		Name of each exchange on which registered
Common		FOMC		OTC Pink

 

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 Items.

 

FOMO CORP.’s (“FOMO”) Board of Directors today approved the sale of the Company’s stake in KANAB CORP., owner and operator of a cannabis health and wellness social network @ www.kanab.club for one hundred fifty million (150,000,000) common stock equivalents in the form of one hundred fifty thousand (150,000) Series B shares of Himalaya Technologies, Inc. a/k/a Homeland Resources Ltd. (OTC: HMLA). The transaction is expected to close on July 31, 2021.

 

Item 9.01. Exhibits

 

(a) Exhibits. The following exhibit is filed with this Current Report on Form 8-K:

 

Exhibit No.		Description
10.1		FOMO CORP. Board Resolution re: KANAB CORP. Sale – July 30, 2021

 

 

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.

 

	FOMO CORP.
Date: July 30, 2021	By:	/s/ Vikram Grover
		Vikram Grover
		Chief Executive Officer

 

 

Exhibit 10.1

 

RESOLUTIONS OF THE BOARD OF DIRECTORS OF FOMO CORP.

 

Pursuant to the provisions of California Corporation law, as amended, and the Certificate of Incorporation and By-Laws of FOMO CORP., a California corporation (the “Company”), the undersigned approves the sale of the Company’s 50% ownership interest in KANAB CORP. to Himalaya Technologies, Inc. (“HMLA”) for one hundred fifty million (150,000,000) common stock equivalents of HMLA in the form of one hundred fifty thousand (150,000) Series B Preferred shares of HMLA. The Board meeting was convened on July 30, 2021 at 9:00am CT.

 

WHEREAS, to realize maximum value from its holdings in its Internet business and allow it to obtain its own growth capital, the Board of Directors approves the sale of the Company’s 50% ownership interest in KANAB CORP. to Himalaya Technologies, Inc. (“HMLA”) for one hundred fifty million (150,000,000) common stock equivalents of HMLA in the form of one hundred fifty thousand (150,000) Series B Preferred shares of HMLA.

 

WHEREAS, the Board of Directors believes it is in the best interests of the Company to approve the sale of the Company’s 50% ownership interest in KANAB CORP. to Himalaya Technologies, Inc. (“HMLA”) for one hundred fifty million (150,000,000) common stock equivalents of HMLA in the form of one hundred fifty thousand (150,000) Series B Preferred shares of HMLA.

 

NOW THEREFORE BE IT RESOLVED THAT:

 

RESOLVED, the Board of Directors approves the sale of the Company’s 50% ownership interest in KANAB CORP. to Himalaya Technologies, Inc. (“HMLA”) for one hundred fifty million (150,000,000) common stock equivalents of HMLA in the form of one hundred fifty thousand (150,000) Series B Preferred shares of HMLA.

 

RESOLVED, that any of the Executive Officers of the Company are hereby authorized and directed for and on behalf of the Company to do and perform all acts and things and execute and deliver all documents and take all such other steps as may be necessary or desirable to give full effect to the consent resolutions set forth above.

 

Vikram Grover, CEO & Director

 

 

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