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Chicago, IL, Oct. 13, 2021 (GLOBE NEWSWIRE) — FOMO CORP. (https://www.fomoworldwide.com/ – US OTC: FOMC) is pleased to announce that its acquisition target, SmartGuard Energy (https://www.smartguard-solutions.com/- SGE), is beginning a pilot program for the installation of energy efficient refrigeration technology in a major retail chain with over 400 stores throughout the Southwest U.S. As previously reported on September 30, 2021, FOMO is investing in an initial 40% membership interest in LED Funding IV LLC (LEDF) and Lux Solutions LLC (Lux) in a phased transaction that is expected to lead to the acquisition of 100% of each entity which will be owned and operated by a FOMO wholly owned subsidiary, SmartGuard Energy LLC (Wyoming) that has already been created. Lux has been designated the energy efficiency coordinator for the retail chain pilot effort.
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