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LMFAO- now the Moto-meter and HailYes can fight terrorism? hahaha... these guys are just so unbelievably full of shit.
.01, sorry, not 1
1 would be more realistic. this wont ever be a multi billion $ company.....
oh wait...most of us on this board have....!!!! ouch...but I wont be giving them any more of my money until they return some of it to me....
who on would want to give these failed managers their money?
Only if you consider going from $0 to $0 steady growth....
meaningless
How can you say that they don't put out "pump press releases???" that is in essence all that they put out.
I am long FARE only because I don't seem to like my money...but COL is a whole new level of pumper that I have not yet witnessed before. He is either just completely brainwashed by these BS PR's that get released or he is a genius....I would go with the former
better way to state that would be "if revenues are ever realized" that is a much more realistic way of putting it.
I have never quite seen the likes of a pumper like you....what would make you think that they have anything other than their useless PR's coming out? they have no sales....if they did we would know by now.
Richie....I am sure we all have read the PR release. You have been around long enough to know that it still means nothing at this point. Great, so they have someone to produce the meters. He states in the PR that now they can fill purchase orders? Maybe I missed something here, but I don't remember them ever announcing that they actually had any purchase orders....only that they had "sales inquiries.."
anyone can create a press release stating nothing, which is basically what they have stated in all press releases for the last three years.
by the way, 2012 is not when the moto-meter was first introduced. Giles has been "working" on this since late 2010, maybe even earlier and was supposed to have the first trial run of it in Bangkok, Thailand in March of 2011....so it has been over 4 years since this trial run was supposed to have happened and how many moto-meters has Thailand ordered from them?
This last press release about "sales inquires" also means nothing, as the market has obviously realized since the stock has done nothing but go down (other than the first day) since the press release.
many of us have been on this message board and the yahoo message board for years now talking about the same hopes and dreams for this company, but at the end of the day they have done nothing with the product.
Yes they claim they are ready for global sales and production, but with no orders for the product, what are they going to produce? at some point they aren't going to have access to any money and the company will disappear.
hahahahaha...chart means nothing on a stock like this....all that matters are sales, and they have none.
Haven't been on the board in a while, but just spent about 10 min reading some of the latest posts. This board is always good for a laugh.
The bottom line is this. We all think that the products are cool. The problem with the company is management and demand for the product. right now there is no demand for the product and I don't see any demand for it in the foreseeable future. everything about the moto-meters is going to be based on government mandates. until it is a requirement for motorcycle taxis to use the meter, they have no reason to want to use it.
if the products had any demand for them, funding would not be an issue. there are a ton of investors around the world that would be willing to invest in a product like this if they thought there was demand and thought that it was something they could make money with. that doesn't exist, so they are having to fall back on companies like Aegis that just completely rape them on funding and ultimately control a major qty of stock. yes they have a reason to try and pump up the share price of the stock in order for their shares they received for the funding to make a profit for them, but even a little jump in share value can make them a lot of money in a short period of time.
This is a tock that is a long shot. It could pay off tremendously if the mandates ever happen, or it could take too long and the company could go backrupt. This is the type of company you throw a little extra cash into that you can live with losing for the opportunity to make a killing if things ever fell into place.
the pumpers on the board are definitely a good laugh. no news that comes out is going to mean anything unless it is news of a giant order for moto-meters or wheelies. Giving a meter to a college class or "breaking amazons delivery record" don't mean anything at this point.
so I think all of us would benefit from not hearing the " this stock is going to be at $2 by year end" or tomorrow is going to be the day. Just buy the stock or don't buy it and then sit back and enjoy the ride...up or down...
I think waiting on your reply about your conversation with Smyth.
all of those prices are pipe dreams without sales, boys...
not really the point...why would you be asking who is selling. if new investors bought in before that big jump up, why wouldn't they sell and take profits while this thing tumbles back down to what it is actually worth.....actually it is already overvalued for someone who has zero in revenue.
investors that have been in here since tow years ago have lost more than 60-70%. I was one of those investors, so I sold every share I had when it jumped to $.06 just to make the money back that I had already lost. right now I am waiting for sub $.02 again before even thinking about putting any money back into it.
Many of these people have been patient for more than 3 years...only so long you can let these people take your money and run.
You use way too many exclamation points...
exactly, well not exactly...I don't think 10 or 100 meter sales will take it off like a hellcat...but nothing good will happen without sales announcement. they will need to sign up sales of 1k-10k units to send this thing up where you guys are dreaming it could be. But the perfect question was asked on here earlier...if they get an order, who will finance it and how long until it is delivered and they are paid for them...
Only people that are out of touch are those that believe that this stock will go anywhere without any sales....it is easy to release news saying we are ready to sell something....but if you don't sell it you are still worth nothing to your shareholders or potential shareholders.
I hope all of the bitter naysayers (myself included) were wrong and they actually sell something. I am sitting on about 140k shares...
momentum has stalled and will more than likely start to trickle back down unless some news of sales comes out....
How about we get to .10 and actually get some sales before we think this thing is going to stay even where it is. Remember that this thing was once at .35/share. Today, just like then, they didn't have any sales but continued to make you think they had contracts coming in. Once a real contract is signed and a product is delivered, then we can get excited. Until then, let's hope that they don't put another billion shares into the market and continue to dilute our Investments
I agree. I think all this PR says is that they are capable of possibly selling something, but reconfirmed that they have no contracts and no sales...
100% gain tomorrow wouldn't even get back 25% of the losses for most people on here...
Hahaha. Another pushed date as the stock price crumbles and approaches sub .01...these guys might be the biggest joke in the market. They are probably reading all these posts laughing at all of us too.
not holding to their dates is the only thing the company is good at...and oh yeah, they are good at not selling anything too
Looking at a new 52 week Low this morning....and still no news...shocking...
They should be featured in a magazine or article called "SLOW COMPANY" rather than Fast Company. Also I'm pretty sure that anyone can submit articles to Fast Company and if they like them they will post them. I could be wrong, but I am not sure. If Fast Company truly did features on up and coming businesses, they wouldn't be doing World Moto for a second time, considering they haven't sold anything since the first article. There are lots of ideas out there, but many never become businesses.
hahaha...that is awesome.
and what has world moto done since that article was placed?...ill let you all answer that
over 3 years I have found for myself that the truth is that all this company does is lie. You obviously have not found the truth yet yourself, but you will eventually.
everyone on here (with exception of COL) should know that they are 100% full of BS. He does nothing but lie and string you along.
and you say this based on what?
yes sir, your math looks to be correct....hahaha....and I cannot imagine that anyone else is going to give them anymore money to do nothing with. Unless they can come in and say hey we need $500k to produce 10,000 meters that we have contracts to sell, what else can they need money for? more "verification builds"? when did that start, 7 months ago? Are they still in "verification build." The deeper you dig the more trash you uncover.
this will be my last post unless something crazy happens, but I will leave you with this. NO NEWS WHATSOEVER (ANY REAL NEWS) IN OVER A YEAR (I DONT COUNT PATENT BS AND VIDEOS SHOWING SOMEONE ON A BIKE DELIVERING SOMETHING TO A DOOR NEWS, COL!), NO SALES, NO CONTRACTS, CONSTANT DECLINING SHARE PRICE, CONSTANT POLLUTION OF ADDTIONAL SHARES INTO THE MARKET TO TAKE MORE MONEY FROM INVESTORS AND ACCOMPLISH NOTHING WITH IT, INDIA CONTRACT PROB NEVER WAS ANYTHING, THE LIST GOES ON AND ON AND ON AND ON AND ON....GOOD LUCK TO ALL
it tells me they put prototypes on a few motorcycles and took pictures....if every moto-taxi in Thailand had a meter from World Motto, they would have sales figures....
well first of all, I don't listen to anyone else when it comes to buying or selling stocks. I purchased this stock 3 years ago and have only been on this forum for about 6 months or so. I used to drink the kool-aid as well, but it is about time to start drinking something stronger.