# EDGAR Filing Document

**Accession Number:** 0001409624
**File Stem:** 0000000000-23-000358
**Filing Date:** 2023-1
**Character Count:** 20371
**Document Hash:** f830be45550bbae9d9d8fac7f97374b3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000000000-23-000358.hdr.sgml**: 20230314

**ACCESSION NUMBER**: 0000000000-23-000358

**CONFORMED SUBMISSION TYPE**: UPLOAD

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230112

**FILED FOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** HIMALAYA TECHNOLOGIES, INC
- **CENTRAL INDEX KEY:** 0001409624
- **STANDARD INDUSTRIAL CLASSIFICATION:** CRUDE PETROLEUM & NATURAL GAS [1311]
- **IRS NUMBER:** 260841675
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** UPLOAD

**BUSINESS ADDRESS:**
- **STREET 1:** 831 W NORTH AVE.,
- **CITY:** PITTSBURGH
- **STATE:** PA
- **ZIP:** 15233
- **BUSINESS PHONE:** (212) 731-4806

**MAIL ADDRESS:**
- **STREET 1:** 831 W NORTH AVE.,
- **CITY:** PITTSBURGH
- **STATE:** PA
- **ZIP:** 15233

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HOMELAND RESOURCES LTD.
- **DATE OF NAME CHANGE:** 20070813

## Text-Extract

```

United States securities and exchange commission logo

                           January 12, 2023

       Vikram Grover
       Chief Executive Officer
       Himalaya Technologies, Inc.
       1 E. Erie St., Ste. 525, Unit #2420
       Chicago, IL 60611

                                                        Re: Himalaya
Technologies, Inc.
                                                            Amendment No. 6 to
Offering Statement on Form 1-A
                                                            Filed December 21,
2022
                                                            File No. 024-11980

       Dear Vikram Grover:

             We have reviewed your amended offering statement and have the
following
       comments. In some of our comments, we may ask you to provide us with
information so we
       may better understand your disclosure.

              Please respond to this letter by amending your offering statement
and providing the
       requested information. If you do not believe our comments apply to your
facts and
       circumstances or do not believe an amendment is appropriate, please tell
us why in your
       response.

              After reviewing any amendment to your offering statement and the
information you
       provide in response to these comments, we may have additional comments.
Unless we note
       otherwise, our references to prior comments are to comments in our
December 15, 2022 letter.

       Amendment No. 6 to Offering Statement on Form 1-A filed December 21,
2022

       Our Business, page 5

   1.                                                   We understand from your
December 4, 2022 and January 5, 2023 response letters that you
                                                        do not believe
financial statements of Business Media Solutions, Inc. (d/b/a Russell
                                                        Associates) are
required in the Form 1-A pursuant to Rule 8-04 of Regulation S-X, as
                                                        referenced in paragraph
(b)(7)(iii) of Part F/S of Form 1-A, notwithstanding your having
                                                        executed a purchase
agreement on October 19, 2022, and an amendment to the purchase
                                                        agreement on November
25, 2022, which were both filed as exhibits to your Form 1-A on
                                                        November 2, 2022 and
November 29, 2022, respectively, and reported in press releases
                                                        and on Form 8-K
November 1, 2022, November 2, 2022, and November 28, 2022.
 Vikram Grover
FirstName  LastNameVikram
Himalaya Technologies, Inc. Grover
Comapany
January 12,NameHimalaya
            2023          Technologies, Inc.
January
Page 2 12, 2023 Page 2
FirstName LastName
         In your earlier reply, you indicated that because the contract did not
include substantive
         penalties for non-compliance, you considered the arrangement
effectively a non-binding
         letter of intent    and were therefore relying on a    general rule of
thumb    that suggests a
         letter-of-intent alone is not conclusive in assessing the need to
provide financial
         statements, and you further clarified that presuming the    legal
status of the transaction as a
         non-binding LOI was critical to [your] analysis   .

         However, the original agreement and the amendment to the agreement
both include the
         language    upon acceptance of this contract, Seller shall sell and
Buyer shall purchase, the
         business,       The undersigned hereby agree to execute any and all
documents necessary to
         close this transaction,    and    This is a Legally Binding and Fully
Enforceable Contract,    in
         addition to establishing the amount and form of consideration, and the
closing date.

         We note that you provide disclosures of the salient terms of the
arrangement in the Form
         1-A, also in referring to the target, the statement    Over the past
few years, the business
         generated annual revenues of roughly $500,000 in agriculture/food
markets,    and you
         indicate that you would use offering proceeds to complete the
transaction.

         Your plans and intentions were also expressed by your CEO in the press
releases that you
         filed concerning the pending acquisition, in stating    This planned
transaction provides our
         Company accretive revenues and margin, a platform for growth and
expansion into high
         growth markets, and potential synergies with our portfolio of
investments and for our
         affiliate Company FOMO CORP.   s education technology and clean
technology
         subsidiaries. We intend to build off this Target   s critical mass and
rolodex in agriculture
         and food markets and expand into new verticals to multiply its scope
and scale.

         In your more recent reply, you explain that you replaced the purchase
agreement with a
         letter-of-intent on December 19, 2022, and reiterate the view that
because it is non-
         binding, having    no break-up fees or penalties for failure to close,
   you do not believe that
         financial statements should be required. We see that you filed the new
agreement with
         your recent amendment, and that while some of the language has been
modified to more
         clearly accommodate the optionality emphasized in your response, i.e.
to endure no
         penalty in the event you do not proceed, the terms and provisions
governing the
         acquisition otherwise appear to be consistent with the original
purchase agreement.

         Given the sequence and content of the filings referenced above and
considering the
         significance of the pending transaction, we do not find persuasive
your view that being
         able to not proceed without penalty would render the financial
statements of Business
         Media Solutions, Inc. (d/b/a Russell Associates) as not material to an
investment
         decision. Under the circumstances, we believe that such financial
statements would
         represent material information that is necessary to make the required
statements contained
         in the offering statement, in light of the circumstances under which
they are made, not
         misleading, and therefore required pursuant to Rule 252(a) of
Regulation A.
 Vikram Grover
FirstName  LastNameVikram
Himalaya Technologies, Inc. Grover
Comapany
January 12,NameHimalaya
            2023          Technologies, Inc.
January
Page 3 12, 2023 Page 3
FirstName LastName
2.       Please expand your disclosure on page 8 to describe the evolution of
the arrangement to
         acquire Business Media Solutions, Inc. (d/b/a Russell Associates),
including the various
         dates and forms of the agreement, along with the reasons for replacing
the purchase
         agreement with a letter-of-intent. Also describe any material
uncertainties regarding your
         ability to proceed with the acquisition, and any information that you
have yet to obtain
         that could diminish your interest in completing the acquisition, along
with an indication of
         the timeframe and the manner by which you expect to resolve these
concerns.
Risk Factors, page 9

3.       We note disclosure on page 22 stating that you have retained
independent professionals,
               including Boyle CPA, LLC our prior audit firm, and Victor
Mokuolu CPA, LLC, our
         current auditors, to review or comment on this Offering or otherwise
protect the interest of
         the investors hereunder,    while conversely advising investors not to
rely on your counsel
         with respect to any matters described in the offering statement.

         Tell us how the role of the auditors as described in this disclosure
would be consistent
         with maintaining independence, considering the examples in Rule
2-01(c)(4)(i)(B), (iii),
         and (ix) of Regulation S-X, if this is your view.

         Please revise here and on page 42, as appropriate to clarify and
differentiate between the
         responsibilities of the auditors and management for the disclosures
and financial
         statements provided in the offering statement. Please note that the
company and its
         management are responsible for the accuracy and adequacy of their
disclosures.
Use of Proceeds, page 27

4.       Please revise or qualify your disclosure in the last paragraph on page
27, stating that you
               have no present commitments or agreements for any specific
acquisitions or
         investments,    to acknowledge your plans to acquire Business Media
Solutions, Inc. (d/b/a
         Russell Associates), as referenced in the footnote to the preceding
tabulation.
Dilution, page 28

5.       Please modify your disclosure to more clearly address the requirement
to provide a
         comparison of the public contribution under the proposed public
offering and the average
         effective cash cost to officers, directors, promoters and affiliated
persons for shares
         acquired by them during the past year, including shares they have a
right to acquire.

         For example, it appears that you would need to expand your disclosure
to illustrate the
         effects of convertible instruments such as your Class B Preferred
Stock and your Class C
         Preferred Stock, which we understand are convertible into an
incremental 1,545,966,000
         common shares, based on disclosures appearing on page 39.

         Also clarify how the label on the last line of the table, presently
indicating that you have
         computed a figure of accretion    to new investors,    reconciles with
the content of the
 Vikram Grover
Himalaya Technologies, Inc.
January 12, 2023
Page 4
      tabulation and the disclosures preceding the table, indicating new
investors would
      experience dilution in the value of their shares relative to the offering
price.
       You may contact Chery Brown, Staff Attorney, at (202) 551-3905 or Kevin
Dougherty,
Staff Attorney, at (202) 551-3271 with any questions.

                                                           Sincerely,
FirstName LastNameVikram Grover
                                                           Division of
Corporation Finance
Comapany NameHimalaya Technologies, Inc.
                                                           Office of Energy &
Transportation
January 12, 2023 Page 4
cc:       Milan Saha, Esq.
FirstName LastName

```

### Attached PDF Documents

**Attachment 1:** `filename1`

![img-0.jpeg](img-0.jpeg)

CORPORATION FINANCE

# UNITED STATES  
SECURITIES AND EXCHANGE COMMISSION  
WASHINGTON, D.C. 20549

January 12, 2023

Vikram Grover  
Chief Executive Officer  
Himalaya Technologies, Inc.  
1 E. Erie St., Ste. 525, Unit #2420  
Chicago, IL 60611

# **Re: Himalaya Technologies, Inc.**  
**Amendment No. 6 to Offering Statement on Form 1-A**  
**Filed December 21, 2022**  
**File No. 024-11980**

Dear Vikram Grover:

We have reviewed your amended offering statement and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure.

Please respond to this letter by amending your offering statement and providing the requested information. If you do not believe our comments apply to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response.

After reviewing any amendment to your offering statement and the information you provide in response to these comments, we may have additional comments. Unless we note otherwise, our references to prior comments are to comments in our December 15, 2022 letter.

Amendment No. 6 to Offering Statement on Form 1-A filed December 21, 2022

Our Business, page 5

1. We understand from your December 4, 2022 and January 5, 2023 response letters that you do not believe financial statements of Business Media Solutions, Inc. (d/b/a Russell Associates) are required in the Form 1-A pursuant to Rule 8-04 of Regulation S-X, as referenced in paragraph (b)(7)(iii) of Part F/S of Form 1-A, notwithstanding your having executed a purchase agreement on October 19, 2022, and an amendment to the purchase agreement on November 25, 2022, which were both filed as exhibits to your Form 1-A on November 2, 2022 and November 29, 2022, respectively, and reported in press releases and on Form 8-K November 1, 2022, November 2, 2022, and November 28, 2022.

Vikram Grover  
Himalaya Technologies, Inc.  
January 12, 2023  
Page 2

In your earlier reply, you indicated that because the contract did not include substantive penalties for non-compliance, you considered the arrangement “effectively a non-binding letter of intent” and were therefore relying on a “general rule of thumb” that suggests a letter-of-intent alone is not conclusive in assessing the need to provide financial statements, and you further clarified that presuming the “legal status of the transaction as a non-binding LOI was critical to [your] analysis...”

However, the original agreement and the amendment to the agreement both include the language “upon acceptance of this contract, Seller shall sell and Buyer shall purchase, the business,” “The undersigned hereby agree to execute any and all documents necessary to close this transaction,” and “This is a Legally Binding and Fully Enforceable Contract,” in addition to establishing the amount and form of consideration, and the closing date.

We note that you provide disclosures of the salient terms of the arrangement in the Form 1-A, also in referring to the target, the statement “Over the past few years, the business generated annual revenues of roughly $500,000 in agriculture/food markets,” and you indicate that you would use offering proceeds to complete the transaction.

Your plans and intentions were also expressed by your CEO in the press releases that you filed concerning the pending acquisition, in stating “This planned transaction provides our Company accretive revenues and margin, a platform for growth and expansion into high growth markets, and potential synergies with our portfolio of investments and for our affiliate Company FOMO CORP.’s education technology and clean technology subsidiaries. We intend to build off this Target’s critical mass and rolodex in agriculture and food markets and expand into new verticals to multiply its scope and scale.”

In your more recent reply, you explain that you replaced the purchase agreement with a letter-of-intent on December 19, 2022, and reiterate the view that because it is non-binding, having “no break-up fees or penalties for failure to close,” you do not believe that financial statements should be required. We see that you filed the new agreement with your recent amendment, and that while some of the language has been modified to more clearly accommodate the optionality emphasized in your response, i.e. to endure no penalty in the event you do not proceed, the terms and provisions governing the acquisition otherwise appear to be consistent with the original purchase agreement.

Given the sequence and content of the filings referenced above and considering the significance of the pending transaction, we do not find persuasive your view that being able to not proceed without penalty would render the financial statements of Business Media Solutions, Inc. (d/b/a Russell Associates) as not material to an investment decision. Under the circumstances, we believe that such financial statements would represent material information that is necessary to make the required statements contained in the offering statement, in light of the circumstances under which they are made, not misleading, and therefore required pursuant to Rule 252(a) of Regulation A.

Vikram Grover  
Himalaya Technologies, Inc.  
January 12, 2023  
Page 3

2. Please expand your disclosure on page 8 to describe the evolution of the arrangement to acquire Business Media Solutions, Inc. (d/b/a Russell Associates), including the various dates and forms of the agreement, along with the reasons for replacing the purchase agreement with a letter-of-intent. Also describe any material uncertainties regarding your ability to proceed with the acquisition, and any information that you have yet to obtain that could diminish your interest in completing the acquisition, along with an indication of the timeframe and the manner by which you expect to resolve these concerns.

#### Risk Factors, page 9

3. We note disclosure on page 22 stating that you have retained independent professionals, '...including Boyle CPA, LLC our prior audit firm, and Victor Mokuolu CPA, LLC, our current auditors, to review or comment on this Offering or otherwise protect the interest of the investors hereunder,' while conversely advising investors not to rely on your counsel with respect to any matters described in the offering statement.

Tell us how the role of the auditors as described in this disclosure would be consistent with maintaining independence, considering the examples in Rule 2-01(c)(4)(i)(B), (iii), and (ix) of Regulation S-X, if this is your view.

Please revise here and on page 42, as appropriate to clarify and differentiate between the responsibilities of the auditors and management for the disclosures and financial statements provided in the offering statement. Please note that the company and its management are responsible for the accuracy and adequacy of their disclosures.

#### Use of Proceeds, page 27

4. Please revise or qualify your disclosure in the last paragraph on page 27, stating that you '...have no present commitments or agreements for any specific acquisitions or investments,' to acknowledge your plans to acquire Business Media Solutions, Inc. (d/b/a Russell Associates), as referenced in the footnote to the preceding tabulation.

#### Dilution, page 28

5. Please modify your disclosure to more clearly address the requirement to provide a comparison of the public contribution under the proposed public offering and the average effective cash cost to officers, directors, promoters and affiliated persons for shares acquired by them during the past year, including shares they have a right to acquire.

For example, it appears that you would need to expand your disclosure to illustrate the effects of convertible instruments such as your Class B Preferred Stock and your Class C Preferred Stock, which we understand are convertible into an incremental 1,545,966,000 common shares, based on disclosures appearing on page 39.

Also clarify how the label on the last line of the table, presently indicating that you have computed a figure of accretion 'to new investors,' reconciles with the content of the

Vikram Grover
Himalaya Technologies, Inc.
January 12, 2023
Page 4

tabulation and the disclosures preceding the table, indicating new investors would experience dilution in the value of their shares relative to the offering price.

You may contact Chery Brown, Staff Attorney, at (202) 551-3905 or Kevin Dougherty, Staff Attorney, at (202) 551-3271 with any questions.

Sincerely,

Division of Corporation Finance
Office of Energy & Transportation

cc: Milan Saha, Esq.