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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.
Col, I will say this....I am not here to bash anyone, but the reality of this whole situation is that Patrick and the rest of the World Moto team have been saying the same things for 3 years now. Not one thing that they said was going to happen has happened, except for them getting more money from Aegis for god knows what. I think everyone on this board should just quit paying attention to the stock until a PR from a real firm comes out saying that they have a real contract to actually produce something. The stuff that world moto releases through marketwired is just trash. Once that happens there will actually be something to talk about. Until then, it is all a pipe dream.
Jeep, I have said it before and will say it again...I hope I am proven to be wrong and if I am I will be the first to admit it. I have been a believer for a long time but in the last 5 months have pretty much just been fed up with all of the misleading information and lack of any meaningful information. We shall see..
World Moto is a sham...nothing more.
I agree...there is no way they got the contract. If they had, they would be screaming it from the rooftops. If they did get it, they are even bigger fools than we believe they are for not releasing the news immediately.
They still have no sales and still have no guarantee of selling anything at this point or any point in the near future. Just my opinion.
yes, patents are not worthless in general, but ARE worthless when you do nothing with them.
Exactly...nobody wants to hear about another worthless patent that they have acquired...."added another 500k Moto taxis to our patented regions..." wow, another 500k moto taxis you can pretend like you will sell products too...wow, just wow.
Please don't fool yourself into buying anymore shares of this trash...your shares have already cost you and I and everyone else a lot of money...just hold on for the ride to new lows week after week and hopefully they will come up with a new lie to raise the PPS so we can all dump this loser and get our money back.
I bet I could guess who....and no, it was def not me!!!
I just looked at them...they are definitely the same. ONLY DIFFERENCE IS INVESTOPEDIA HAS AN "I" IN THE MIDDLE FO THEIRS. CHECK OUT THESE LINKS...LOOK AT RIGHT SIDE OF INVESTOPEDIA PAGE WHERE IT HAS THE LOGO IN RED AND BLUE WITH THE "I" IN THE MIDDLE AND THEN LOOK AT WORLD MOTO. THEY ARE DEF THE SAME
http://en.wikipedia.org/wiki/Investopedia
http://worldmoto.com/
all of this sounds correct....it is just a mess in general...
I wonder if these fools could even make it through shark tank and get an investor....probably not because the first question the boys on shark tank would ask are, what are your sales....hmmm, zero??? and you have been in business for how long???? hmmm....something seems fishy here....
I assume Aegis will find some way to run the stock price up one last time before this thing goes belly up. I cant imagine they are dumb enough to give these fools $1 million without a plan to get it back. They have to know, just as well as we do, that unless sales begin very quickly there 1 million in stock is going to be worth nothing a year from now.
AND YET.....THEY STILL TELL US NOTHING ABOUT ANYTHING
that is exactly where they deserve to be, because right now their company is worth nothing. Lots of people have ideas....
if it makes you feel any better, Patrick probably did read this post. he responded to my email and stated that "he didn't hate me" as my post on here suggested. I mean come on, could you really hate someone who invested in this thing?
I don't think the product or company is fraudulent, I just think that they lie to their investors and have no regard for them. The moto-meter is a great product, which I have told Patrick as well.....just amazes me that they continue to say they are going to do something and then don't do it. It has been like this for years... Hopefully they will prove me wrong, but I doubt it.
oh believe me, that is nothing. He has threatened to sue me for defamation only 4 months ago for calling their company a fraud.
I just emailed this to Patrick....he hates me so I prob wont get a response, but maybe everyone on this board should send the same email...
So we have been hearing for months that no news could be released because of the “quiet period” waiting on the S1 approval. So a few other investors saw on the SEC website that the S1 was approved 3 days ago and still no news? Why would World Moto not have a news release ready to send out right when the S1 was approved, letting their investors know what yall have been doing for the last 6 months? Or is there just nothing to report?
I had just made a joke about thanking everyone for contributing to their fraud....hahahaq it was just a little joke, thought it would get a few laughs. whether they are a fraud or not, I don't know and nobody really knows....and why don't we know, because they don't communicate anything to their investors...
They have been doing this crap for 3 years, no surprise here. They drag the hopes of investors along with lies and misleading statements. They have no news to release that is worth anything, or it would have been released the same day as the S1 crapola.
yea but when a company with a good reputation tells you they are waiting on something from the SEC, that is something you can believe. I just find it very hard to believe that something this simple would be taking the SEC 4 months to review.
wish there was some way to find out what was ACTUALLY going on with the "S1" "Approval"....
fair enough...we shall see....I just think the S1 is still complete BS. No way it takes this long to "approve" or whatever they want to call it.
has been in "verification build" for a long time....
nothing positive other than the fact that they are positively liars...
hahahah I promise it wasn't me....I don't even have facebook.
they are deleting everything now....they also posted another BS deal on facebook claiming they are still waiting on SEC to "approve" the S1...what a crock of crap. Thanksgiving must be slowing down the SEC...what a joke.
sub penny will be coming soon....
hahhhaha, nice one
I def would never compare this company to any fortune 500 company, or any company with revenue for that matter. I am just saying, it doesn't show me a whole lot when the CFO is the only one purchasing stock, and also, it would be very easy to have the CFO invest to try and show stockholders that they are actually invested in the company, and then turn around and pay him either in bonuses or raised salary, the $10k back.
they keep talking about the stock that their CFO purchased.....what was the purchase amount in $$...pretty much nothing. There are probably people on here that own more stock than the CFO purchased.
of course they have. please email corporate@worldmoto.com and ask why they were removed. he wont answer my emails anymore. he will try to tell you that they were not erased and something must have happened. They are liars and scumbags.
that is a good one. Bet it will be deleted soon. I don't have facebook, but everyone who does should be flooding their pages with questions like that.
I agree that bashing does no good, but I have been on both sides of it. I defended this company to many bashers over the last year and some change and after literally ZERO has happened in that time frame other than the stock dropping 90%, it is hard not to say negative things about it. Once they actually prove that they are going to sell and produce something, it will all stop.
once the S1 is completed (if it ever is) Aegis gets compensation for the loan in stock shares (the number of shares they get depends on the stock price at the time.) So the lower the stock price is, the more shares they are awarded as compensation. So when the PUMP begins, they make a heftier profit when they unload them.
Not sure that is why the tock is down though, I think it is down because it has been 5 years and they haven't produced anything at all..