When World Moto proves mass production capability of their product we will see the orders begin to flow in!
"BANGKOK, THAILAND--(Marketwire - Dec 28, 2012) - World Moto, Inc. (OTCBB: FARE), (OTCQB: FARE), (WM7.BE), (Berlin:A1J8SY) ("World Moto" or the "Company") is pleased to announce that it has agreed to provide the Moto-Meter to Moto-City, the leading motorcycle taxi service in Madrid, Spain. Changing the way the world goes around, World Moto is a global authority on the $500 billion dollar a year motorcycle taxi industry and inventor of the Moto-Meter, the world's first motorcycle taxi meter.
Moto-City was established in 2009, offering Madrid a new alternative in urban transport. The idea came from other European capitals such as London and Paris, where this type of transport has been running successfully for years. In Paris alone, there are over 50 companies that offer a similar service with more than 500 bikes in operation. Moto-City offers an ideal solution to customers, often business men and women, who are looking for speed and punctuality in reaching their destination through heavily congested traffic conditions. Typically these trips are to airports, train stations and meetings; however tours around the city have also proven popular."
