FOMO Corp. Capitalization and Share Structure Summary

Contract Categories: Business Finance Term Sheets
Summary

This document provides a summary of FOMO Corp.'s share structure and capitalization as of the date referenced. It details the number and types of shares outstanding, including common and preferred shares, as well as warrants. The summary also includes key financial figures from the balance sheet, such as cash, assets, liabilities, and enterprise value calculations under different scenarios. The document is informational and does not impose obligations or conditions on any party.

EX-10.4 5 ex10-4.htm

 

FOMO CORP.

 

Summary Capitalization

 

Share Structure:  #   Strike   CSEs   Comment
                
Common shares   2,152,723,775    -    2,152,723,775   Sept. 10-Q
Pref A   3,000,000     20-1    60,000,000  
Pref B   525,000     1000-1    525,000,000  
Pref C   1,000,000    1-1    1,000,000  
Warrants   30,000,000    0.0010    -   Advisory Board
   10,000,000    0.0005    -   EDGE Fibernet
                   
Total   2,197,248,775         2,738,723,775    
                   

Summary Balance Sheet (in 000):

                  
                  
Cash and cash equivalents  $10,083              
Assets held for sale   306,220              
Current assets   316,303              
                   
Current liabilities   849,626             excludes derivative liability
                   
Total LT debt and other  $849,626              
                   
Enterprise Value (EV):                  
                   
Share price:  $0.0002              
                   
Diluted market cap.  $547,745              
plus negative working capital   533,323              
less cash from options   -              
Diluted EV:  $1,081,068              
                   
Adjusted EV:                  
                   
Share price:  $0.0001              
                   
Diluted market cap.                  
Diluted shares  $273,872              
plus convertible debentures   613,656             assumes debentures converted worst case .0001 stock price
plus negative working capital   226,495              
less cash from options   -              
Diluted EV:  $1,114,023