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well i was told by paul giles that the APS stuff was promoted by someone who was paid a debt with a large block of stock, it's good to hear about the stocks when they become unrestricted, kinda gives me a better outlook; ps i did do alot of DD on this stock before i bought in so large, what i didn't understand at the time was the APS bs, and the timelines, if you look at the early PR releases they sounded (i'm sure purposely) that all this production, and mandates was set to begin, that the talks were farther along than they actually were, all in all i feel better now i know that they can't just dump their shares the end of november, i do feel that no country, state, or municipality is going to mandate a product that doesn't exist yet GO FARE!!!!
i'm not sure but i just lean toward scam but either way they will be doing all they can to pump this thing by mid november so i'll wait for the run and should get all of my cash back hopefully with a little topping
to begin with i spoke with paul giles twice for over an hour in november and december of last year; i know what i was told, at that time they were supposedly in contract talks with big companies regarding advertising with these wheelies and as for brazil, that's old news too, just because some local representative in some little municipality tries to get these meters mandated doesn't make it law, only a proposal, just as they are trying (or were at least) to get them mandated in thailand or bangkok specifically, furthermore, i don't see any government mandating a product which doesn't EXIST in the marketplace yet, it's just common sense, lastly this company has made too much of what it wants to do and too little about getting ANYTHING done, i really hope i'm wrong but i see all the signs i have alot (for me anyway) invested in this company; i have been saying for a few months that they just want to keep this stock afloat until just before their stock becomes unrestricted, at which time they will be pumping the hell out of it so they can sell off and lo and behold the latest PR says production will be beginning just when their stocks become unrestricted; sorry too big of a coincidence for me; agian i hope i'm wrong
yes i was just going to post about the timing which i've been talking about for a couple of months now, if you read the update carefully, not much has really happened still, same bs as in january, when paul giles told me the moto meter was to begin production in 5-6 months,molds were on order, parts from china were already being made blah, blah, blah, they were in negotiations with several big companies regarding advertising on these wheelies, same bs, only 6 months later, and yes i still believe there full of sh#t, with this last timeline might as well etch it in stone
sorry to say if history is any indication it will be all fluff; no substance, no product, no sales, just "we are excited about working on this, and the endless possibilities of that" they've been pumpimg and yes i do mean pumping this same BS for quite awhile with nothing ever happening; remember the YES service which was to launch in FEB. or production on the moto-meter being 5-6 months away in JAN.; all BS time to put up or shut up on this pig of a company!!!!
as much as i hope to believe it, there's just too many broken promises, but i have no choice to keep the faith for now, they stated news would be out by the end of this month let's see if it's news or PR fluff or nothing at all!! iching this thing, in case you haven't noticed we have been downtrending for some time now
what the hell alot of shares traded today yet no movement; lets see if we actually get (real)news by the of the month as FARE says on it's facebook page; if they come out with anything it'll be just more PR bs
they can then sell them off which is why they will start coming out with alot of PR around late november; they will do everything they can to get the stock price up then cash in; if you follow all there PR's you'll notice not a single thing they've ever stated has come to fruition,back in december i spoke to paul giles twice he stated with that million dollars they had enough money to begin production, that molds were already ordered, parts from china were on order, the factory was lined up and they would be producing in 5-6 months, it is impossible for anyone competent to be that far off if you truly EVER had a business plan, they were supposed to launch the "YES" service on febuary 14th of this year, again never heard another word about it, now in the last 10k to the sec they state production should begin in the third quarter, that's around next month, if they actually had that in the works it would be out there; just more PR pump BS from paul giles, they always say the stock is undervalued, yet they have NO PRODUCT to sell; again i'm convinced it's a scam if you have as much lost in this stock as i have i would hope you would file a complaint with the SEC as i have many times and will continue to;
this will drop to the 3's next week unless they come out with news but based on this companies history just because they say (on their facebook page) that they will be putting out exciting updates soon (this month) means nothing; if anything this will just go to further prove that this company and their CEO are just playing games in an attempt to keep the stock price afloat until their own shares become unrestricted; too little "real" information, plus no orders, zero production, all comes out to scam; it's been 3 years since they've had this so-called invention and done absolutely nothing; does anyone know whatever happened to the "YES" service that was set to begin on febuary 14 of this year? didn't think so, what a joke this freaking company is
we will see soon enough in the meantime do some research on how the stock market works and ps i have a good job, live in a nice neighborhood, and always do okay, you seem to be the one with some serious issues, have a lovely day
you obviously know absolutely nothing about nothing you've proven that time and time again; i have very little faith in paul giles or his so-called business plan; he is either a scam artist, or totally incompetent as a CEO, either way he cost me alot of money but that doesn't make you any more correct on the subject as you have shown time and time again with your posts
this company is way overdue for production news they stated in january 5-6 months if they don't put up soon, then they are just a scam they have had this thing for 3 years now, if they don't produce in the next couple of months then they never planned too. i still believe the CEO is a scumbag con-artist, he swore he had nothing to do with the APS p and d; said it was done by someone who was repaid a debt in stock, but if you look at the timing all his big (bs) PR's coincided with the scam, i've spoke with this scumbag twice and am planning on testifying against him, mark this post around the end of november nothing will be produced yet, and suddenly all kinds of "fluff" PR's will come out about how many orders or how mandates are on the verge of happening, this is too get a bump just before their shares become unrestricted, at which point him and his partner will be dumping their shares!!!
and now she's sinking like a stone, freaking great; this CEO has absolutely no obligation to his stockholders, maybe he should look up what the MAIN duties and responsilities of a CEO are? i'm positive of one thing, just before he and his partners shares become unrestricted near the end of the year we will suddenly have all kinds of news; of course most of it will be BS, they will pump the stock and dump their shares
only had 30K so i only have 153000 shares (at.19) wish i could average down but don't have more to put in this pig at least anymore i can part with
i wish i could sell and move on but i got in at .19 based on some BS PR's and now it's been down 70% or so since then, so i'm stuck with my life savings stuck in there, as far as the patents go the co. is protected under patent pending so that's a non-issue; all i've been trying to state is that if you follow the PR's, not a single thing of any substance has EVER rang true, according to them they had enough money for production (in january) and were to begin this month at the latest, then in the last 10k report they were saying third quarter because they now needed more funding, with the third quarter set to begin there is no news; if they were truly to begin in the third quarter they would have to have a manufactoring facility set up already, but with no news i believe that isn't true either. if you check the information they are putting out now they only talk about the wheelies, suddenly they have no interest in the meter; if there ever was a business plan its been discarded; this all leads me to believe that it's just a scam
sounds like more BS from FARE; what happened to production beginning in the third quarter, too many questions go unanswered, too many LIES in their PR's, 10k reports, how can anyone believe anything they come out with, not one single thing they say was going to happen (soon) ever came to fruition, that is a FACT, i've contacted that lawyer about his class action against this scam artist, i'm hoping to get a freeze put on all company assets; i'm very sure when these stocks become unrestricted at the end of NOV. that will be the end of this company, not a single thing will be produced, they are only trying to keep the facade up til when they can cash out
not til we get some production news; anything less is a short term bump at best, even news of getting the rest of the money needed for production won't do much; they played that card before after the million dollar private placement, then didn't follow through, fool me once
that is a pretty generic answer they are giving i pray there is news with some substance coming out and not PR fluff; we've had enough of that, the only thing that will give this stock any real sustained growth is news of revenue, that's true in ANY company; as of yet we haven't had anything close to that
according to the 10k report they need about 800k to begin production, and now they are able to apply for a low interest loan (due to being accepted into that science park- R and D facility) up to 1.03 milllion us dollars they should have plenty of cash to achieve that goal; i just think an established company with the whole package (manufacturing, distribution, and most importantly contacts with governments officials would really put this over the top in a hurry
it could become a subsidiary of the new company or they could partner up either way stock would BOOM
i would much rather see this company sold to another company with the manufacturing and distribution capabilities already in place; money and a network would make this stock explode
they had already did some kind of deal with that company "air france" who has a fleet of it's own moto taxis, that was in a PR a couple of months ago
you can try; i've tried contacting (calling, emails) for the past 5 months requesting information on production and outstanding orders, no one answers calls or emails
i'm basing my decision on the things posted by the company, and told to me by mr giles; all of which have no truth to them. as far as the lawsuit it could be just the oppisite of what the p and d newsletters are doing, short the stock then file a lawsuit; either way i know what i was told and have read; the least the company should do is announce any standing orders, word on production, and explain it's involvement with APS if any
well im tired of waiting for news that may not be coming; i'm contacting that lawyer tues. with all the information i was given by mr. giles he's lied so many times i don't believe anything he puts out on those PR's if you read through them NOTHING at all has been done in 6 months and there was plenty that was foretold would be; such as production, start up of the yes service, pilot motometer program in bangkok; all BS
it depends on many issues, the main one being was it the company at all, or was it someone with alot of shares (millions)as m r giles stated to me which were given as part of a debt settlement, if it was the company then we have to consider did they misrepresent, or mislead, provide false information, etc; at that point there could be some liability; again if that is the case i would be joining the lawsuit myself, as i got screwed based on these pr's and have information regarding the case; as CEO mr, giles number one priority is supposed to be the stockholders, he OWES it to us to issue a statement and updates. this product was SUPPOSED to be in production already as they stated they had enough cash after the million dollar placement, even stated at the time that production would begin in 5 to 6 months, it's that time now; there are still many questions about this company it's time to put up or be labeled a fraud. given the recent news i'll give it another week then i'll be contacting that law firm myself lets hope for the best good luck
agreed; but in the meantime would love to see management to keep us posted, about their view of the situation and of production schedule; production is revenue, revenue is the only relevant point that will substantially drive the price of the stock
well since most of us (or at least i) got in higher so i guess i'd be seeking compensation myself if they were players in this thing
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well whatever the case the news hurt the credibility of the company, as CEO mr. giles should issue a statement, if he had nothing to do with the APS promo then state it; otherwise the company could be liable; if what he told me was false i'll be the first one looking to testify along with my phone records as to what he had stated regarding the matter and when
well the PR did state they could recieve a (low interest)loan up to 1.03 million US dollars and they did state they needed $800,000 to get to production; so lets get on with it; they were saying third quarter and we are close to that, now that the funds are available news about a production schedule should be out; given the PM's brother is involved with the company. the funds (loan) should be a lock and mr. giles did tell me that those shares were part of a debt and the third party (who received shares as payment) dealt with APS, ps that guy can talk i spoke with him twice on the phone first time for over an hour the second time about 45 minutes
i did speak with paul giles about that APS bs he told me the company had paid off a debt with 60 million shares and whoever got the shares dealt with APS; so that would absolve the company of liability provided that information was true?
so what does that mean for the company
patents take a few years to come through although they have a preliminary from the patent office saying they meet the criteria; final approval takes awhile hence the term "patent pending" which you see on everything new; its ok to produce during the process and your rights are protected; given the availability of loans now i'd like to see information on production, that is what is gonna drive the stock as it translate directly into revenue so how about it mr. giles whats up with production since you now have the funds available
whats up with these stock newsletter advertisements that come out after a stock has crashed; wow they must be psychic predicting a stock will drop after it already did, thats what most of these promos do, what a joke
what are you inferring? im just curious because this is the first time ive seen you on this board and as i look it is your first post; but if you look i dont think our writings are the same or styles; but then again i dont really care; and finally this board is for stock talk;
hmm let me see if i saw 2 motorcycle taxis, one with a meter, one without which one would i get on; think ill go with not haggling, not getting ripped off, go with the professional; thats why they will put the guys without them out of business, i'd pay a little more just to know a) the guy is professional, and b) the gps (you stated how shady these guys are), plus a set rate, etc, etc. you either go with it or lose out, and apparently the thai government has some interest in this product or they wouldnt have given the tax breaks, or allowed them in the research facility. by the way werent you supposed to go to paul giles office and videotape it and post it on youtube; once again you were full of it
just found an article from thaivisa.com they are cracking down on taxi drivers (car taxis) who cheat passengers, proposing 6 month meter checks etc, etc, meters for bikes cant be far behind
so what does that link say, in short; first it says itll climb then it goes on to say itll be at a penny wtihin weels; a know otcmagic is a promo co. just trying to understand what the hell they are saying
yes nice to come home from work and see it didnt drop any further looks like good news still got alot of moving for me to at least get even here but i think we will be seeing action the nexst couple of months; once we hit productions bada boom bada bing KA-CHING go fare
as usual you are wrong the stock is restricted for a year from the time they went public which was in the fall im trying to find out the date they starting selling shares (went public)