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So the CFO, the Commercial Registered Agent and the Corporate Adviser have now all left?
Patrick always responded to the corporate@worldmoto.com email. Now we have a mark@worldmoto.com email?
Do you find it odd that Patrick left but he is still a board moderator?
This FARE will explode with the sales announcement
Have you had any email response from Patrick lately?
Hi Patrick
Thanks for the correction.
Can we expect World Moto to comment on the value of its newest patent in China considering Apple's recent $1B investment in Didi Chuxing?
Or World Moto's strategy in Thailand considering the governments release of a motorcycle taxi app?
I was aiming to keep it non political but yes I share your sentiment.
There was a time when this board had a sense of humor and Sewer's reply to Richie would have been laughed at as it was obviously a joke.
I agree it's outdated.
China and Russia should probably considered 1st world by today's standards. If it were to be decided by the U.S. every country would be labeled a 1st world country so as to not hurt anyone's feelings.
To my knowledge World Moto's patents have all been filed in 3rd world countries.
No 10K filed. World Moto has been moved to Pink Limited.
I hope they utilize a better disclosure strategy than private emails to individual investors.
dkl
Bangkok is one of my favorite cities. If you've never been you should go. So much culture and history it's an amazing place.
No company would do this. I don't believe any company aside from World Moto has a policy not to disclose sales data outside of filings. None of that makes sense.
If the 10K was filed I would think we would know.
They released PR's in 2013 saying sales should happen by the 3rd quarter. It's why we invested here.
My opinions are biased because of my investment but I'm holding onto hope they do file their 10K and 10Q and it confirms what they have been saying in PR's. My holdings are only worth about $1,000 right now so I feel like I have nothing to lose by hanging around to see what happens.
What a novel idea
http://www.marketwatch.com/story/home-depots-earnings-were-better-than-expected-in-more-than-one-way-2016-05-17
Your turn WM.
Just curious.. When did you first invest here and why do you believe in their success?
This idea was actually floated around here 2-3 years ago.
Keep in mind people are posting warnings here because the OTC Market has added a yield sign to the ticker.
http://www.otcmarkets.com/stock/FAREE/quote
It is. And they are all valid concerns.
I mentioned yesterday I'm invested here. I am and I'm sitting on a 95% loss. I want to believe this company will make it but I'm also realistic. They dug a deep hole with the financing and their only savior is sales to pay it off. Emails and PR's talking about shipments is not tangible and the pps reflects this.
If WM has no reported revs, does not make sales, does not get current with filings and does not pay off the convertible debentures, the future is not 'up'.
Wow this board.
When Sujitta first started posting here no one agreed with him either and made the same comments about him that people are making about alien. Sujitta said the pps would crash due to the toxic financing and it did. Col has been saying pps explosion all the way to the bottom but if someone questions him they are a hater just like Sujitta.
Facts are facts. WM has made one unverifiable PR after another for 3 years. Bottom line is they have never reported revenue and are now delinquent with filings and licenses. Sure Patrick's private emails sound great. But we have to be able to verify what he's saying, right? Successful companies report revs.
Unless and until WM verifies what they state in emails and PR's posters heading warnings shouldn't be dismissed.
Price per share.
Right, she was listed as Treasurer and Secretary. Not CFO. I thought an officer resigning still required the 8K?
What's sad is you told us we were headed here two years ago!
Indeed..
They transformed 5 figures into 4 for me!
Your trust is admirable Col
But you have to verify.
To your point Col this is why I asked why they didn't list Lisa leaving as the reason for the late filing on the 12b-25.
Sure it does. The OTC is nothing but ifs and maybes that's why these companies are here. World Moto could do well if meter use is mandated and they are successful at landing a government contract.
And yes I am invested in WM.
You don't base your decisions on ifs or maybes but you invest on the OTC. That's classic.
You're in pretty deep. Will we still have a chart next week?
I read this same info on FINRA's website. Caymen West said it was total BS. I assume we'll have it figured out by Thursday.
JR it looks like you joined this board about 5 months ago. Many of us have been here for 3+ years because 3+ years ago WM was issuing the same PR's about sales. The difference between then and now was there was no toxic financing and they were current with their filings.
You can't deny the possibility of delisting if they don't file, quickly. How do you justify their current status? 7 months of PR's talking about shipping product around the world. The 10K and 10Q are now due which would verify the PR's, and the CFO resigns, nothing is filed and their license has expired. Coincidence? Kind of hard to believe.
I think you meant to say *you* have logged several complaints.
The commercial registered agent looks like the company they used to incorporate in 2008.
http://www.nevadacorporates.com/corp/34243.html
I've emailed Patrick quite a few times. His writing style is not the same as Col. Again just more baseless BS.
Richie there is no news about Lisa doing anything wrong. Just more BS.
Sewer has no relation to WM. This is total BS.
If you read their prior K's and Q's they fully disclose their finincial position and state the risks involved in investing in WM. Your complaints will go nowhere.
Cash businesses aren't operating freely in these markets the government is already getting the vig. Regulation is being discussed in certain markets and if that takes place there will be a market for a meter.
My thoughts are Tim Cook wants in on the Chinese economy. Currently many of Apple's products and services are not allowed in China.