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It is a good idea. I have been also posting on FB so I am not making a blind judgment call. My assessment is that the guy posting is smart. I can also invest in penny stocks for whatever reason I want to. My money. I don't need to be told what to do thank you. Whether it's a good business plan yet, I have no idea. I wasn't making that call.
Ever notice too how the guy who answers on their FB page appears to be super smart? It's a good useful product that is about to go to boom town.
I have been busy lobbying my friends on this stock. One of them just bought 110,000 shares today. Your welcome everybody. Lol I'm curious if Trump actually has money in here.
I don't know if someone posted this already, but I liked their feedback to someone on Facebook regarding investing and the month of November:
Congratulations for being a stakeholder. Just to note that we will do our best to make this a great investment as well as a company you can be proud of.
Thank you for your comment.
All the best,
WM
P.S. This month should be interesting.
I read that analysis before too. One of the reasons I invested in this company. I figured 1.20 would be a solid return from 5 cents. Lol
I believe we all think it's a worthwhile company. That's why we're here. A much more exciting stock than investing in gold, or something boring. This has a potential to make change, and fix a problem. Even Doug the third believes this. He just gets the cold sweats and the hee bee jee bees every time it dips and is a little bit more vocal than the rest of us about it. It's all good.
.054 is the break even point for me. Looking forward to January. (Trying hard not to gripe about the video, as it would have made stock explode). After yesterday's volume numbers, I almost have to believe Donald Trump actually invested in the stock.
Happy Hallowe'en! I tweeted Donald Trump to ask him to invest in FARE, as he was in the picture with Krueposon. Hope it helps.
I'm no psychologist, but I think Doug's subconcious is telling him the stock will go up. That is why he's too chicken to sell. His mind just likes to create unnecessary pain for itself.
Although I'm mad too that there is no video for Hallowe'en!
Letters of intent don't mean anything. We want a company who sticks to it's deadlines. "We want a pitcher, not a belly itcher!" Show me the Money (Video)!
I'm curious, how can you reply by saying definitively that the wheel "is" photoshopped? I acknowledge that it's a strong possibility, but I couldn't say for sure?
Perhaps you are right Richie R about September, but my B.S. detector is starting to go into high alert mode. I'm at the point where I'm making sure I know where the pull cord is to open my parachute.
http://www.accuweather.com/en/th/bangkok/318849/october-weather/318849?monyr=10/1/2013&view=table
The troubling part is, they blame the monsoon when they had 15 days in October with no rain. Unbelievable. I'm tempted to confront them with this, but I don't know how much good it would do.
Doug was right. They gave some lame monsoon excuse on FB. No demo video for the 31st. Lame!
Although some of Doug the third's comments are off the wall, his basic premise is correct. They set a date, and don't follow through. I think Sewer182's comments towards Doug should be stricken from the record books. The "derrière" comment was innappropriate.
https://www.google.com/patents/EP2603903A2?cl=en&dq=world+moto+inc&hl=en&sa=X&ei=ZNZtUqrCNoTc2gXGx4Ew&sqi=2&pjf=1&ved=0CDYQ6AEwAA
There you go Doug the third. They do have patents. They're just a bunch of lolligaggers who can't keep their promised dates and deadlines straight. Come on October 31st. Maybe their demo video will be a zombie apocalypse theme for Hallowe'en. That would be awesome!
Thanks Rich! That is awesome. At least they still appear to be on target with the LED show!
Hi jeepguy,
I'll be the first to admit, investing is not my field of expertise. I'm not really that foolish though either. You're right in saying the demo video will not have much of an impact. My intuition tells me though that we will see movement after this trade show. Whether it's up or down is still yet to be seen. They HAVE to show up with their product READY TO GO. If they can't do that, they will just be a gong show and spiral to a miserable death.
I'm thinking about how much Hallowe'en candy I'll be able to buy with this stock next week after the video comes out.
As positive as I am about this stock and my future capital gains tax problem, I have to agree with Doug. October 31st will be their do or die date. Particularly if nothing is produced by November 14th. They can't go to a trade show with nothing to show for themselves. We will see!
You know, I would be interested in seeing more people liking their FB page. My investment is already locked in at a low price like others on this board. More "likes" means more potential investors, which means more money in this stock.
Thanks for posting that Rich! Won't have to lose sleep tonight over wondering about that date. One more month until we see a bull run. I'm usually cautious in my predictions, but this will go to the moon.
Currently reading up on capital gains tax laws to prepare myself for November! BOOM!
6 more weeks! As long as they don't use the excuse of the monsoons and just git er done, I'll be happy and we will all be slightly wealthier.
I am glad there are people like Rich who balance things out by staying positive. Funny pic btw. I'll buy you a drink once we're all loaded in Nov. Shots for everyone! Lol
I'm not understanding the bizarre pattern analysis. I haven't been in this as long as Doug either. I bought the stock at 5 and a half cents in April. I'm as flustered as anyone else when they miss their target dates. They said September, and then switched it to November/December. In the grand scheme of things, although we're all peeved off, 2-3 month delay doesn't seem too bad. Not that uncommon either. If, by Nov when this trade show happens and they still have no product, I will be right in there grumbling with Doug, and perhaps consider other options. We're not there yet. I still have a belief that they will make good.
It also appears there would be some incentive for at least Tom Kruesopon to have it up and running by December. This is largely how he will be compensated. I just read the terms of his appointment to the company as follows:
On December 19, 2012, World Moto Inc., a Nevada corporation (the "Company"), entered into a Board Advisory Agreement (the "Agreement") with Mr. Julpas "Tom" Kruesopon, whereby Mr. Kruesopon consented to serve as a director of the Company. Pursuant to the Agreement, Mr. Kruesopon will receive five hundred thousand (500,000) shares of restricted Company common stock vesting upon the first anniversary date of Mr. Kruesopon's appointment to the board in connection with his service as a director and a onetime fee of $10,000 for consulting services. Additionally, under the Agreement, Mr. Kruesopon will receive $3,000 for attendance at the Company's annual meeting of shareholders, and $1,000 for attendance at any director's meeting in excess of one meeting per year. The material terms and conditions of Mr. Kruesopon's appointment as a director are more fully reported and detailed under Item 5.02 and incorporated herein by reference.
His shares as the stock stands now would only be worth $ 20,000 bucks. At a dollar, or even 2 dollars, he would be more in line with typical Board of Director compensations in successful companies.
Maybe they made some sort of deal to go on The Apprentice - Asia. The only thing that makes some sort of sense in my mind based on these pictures. : )
It is painful to see it drop even lower. Hopefully management can keep it's focus and produce the products in the pipeline. I'm worried when they say they are still exploring more revenue options on their FB page when they don't even have the ones they are promoting ready to go.
I wouldn't go as far as to claim that they are lying about their product releases, but any company who promises something on a certain date, and continually missing the target date is likely to cause distrust amongst its investors, such as is happening here.
Products are still protected while patent pending. I wonder what they'll patent though since MonkeyLectric is already making a similar LED wheel, among other companies.
I think it's just that someone else gave up. I knew this stock was very high risk when I invested in it, but I'm not concerned yet. If it were November and there was no demo video of their wheelies and no movement in the stock, I would then start to be concerned.
Another positive about the trade show is that it gives them a deadline to finish their demo video (as we all know they haven't been the greatest with deadlines in the past). If they show up to the trade show without a demo video, they will look like dummies.
Other companies are already making this, like Monkeylectric in California for bicycles, however judging by the picture they posted, their pixel quality is much better. I think if they are first to market in Asia and make it cheaply, it will do okay.
The new lady in red image on the wheelie made my jaw drop. Stunning detail. Much higher quality than any other wheel light I've seen on the market. Sweetness!!
They just need to "git er done" and make the freaking video. Enough with the lolligagging!! Grrr...
Yep, that's what I meant. Any government body I know sure as heck doesn't work on a weekend. I don't mean any ill will towards the company as I have investment in it, but their date seems sketchy. They have not been accurate in the past with their dates so I'm becoming skeptical in this regard.
Just a passing thought, but isn't it weird that a government would grant a permit on a Saturday? I hope it's just that things are run differently over there.
The only way this company will rebound is to post a date they're going to do something and have it done by that date. Elon Musk stated a specific date for his hyperloop design, and he pulled an all-nighter to deliver it on that date. Investor confidence deteriorates when a company keeps crying wolf with no wolf in sight. I'm not an expert in business, but I do know that to maintain a relationship with people, you need to actually do what you say you will do. I don't want this company to bleed millions of shares due to not keeping schedules.