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Do you realize how many meters they would have to sell to be worth $150mm?
Oh I agree and I think the company is solid. I just wasn't sure if they had actually said 3/31 was the date of release or if that had only been told to someone who had called Armen.
I haven't seen them publically say that, but some on here claim to have been told that by people within the organization....unless I missed something
lol, yes small companies need dilution but when these guys are taking that dilution to pay themselves what they are, that's not how a good small company uses its dilutions...
That's how massive dilution works
You mean to tell me that not one out of 5 million + people have anything to say about it? Lol
That's from 2016...
That could mean that they are doing a trial run with 20 taxis and getting zero revenue from it. We don't know. World moto is always purposely very vague with their statements, leaving them open for interpretation.
Still no real money coming in here, the chart means nothing.
I agree completely, just odd for this board
Sadly, They haven't
Can't remember a day with so few posts...
More than likely it is months out from anything happening...
Volume yesterday and this morning has been overwhelming.
He is referring to Armen, who is just a business development guy for them...
Talk about far fetched. Halted the website to focus on the moto meter? I monkey could run the website...
It's called, you are guessing
It's called nobody knows why the volume has changed
It's called even with the volume change there is $4k-$8k traded..
Still no real money moving into this company.
Yeah I see that now. A few sites don't have the outstanding share count updated so it is reading wrong.
Hey don't get me wrong, I hope you are correct. I'm just not holding my breath for this one...
Of course anything with the word moto or fare meter searched in images on google or anything else will bring up a picture of the moto meter. That's how search engines work. Nowhere anywhere is there anything stating that the two companies are working together, nor do any image results show anything with uber and moto meter in the same picture. Just speculation. Hope your speculation ends up being meaningful.
1st year? you mean 9th or 10th year?
Let's just be real here. Assuming that the audit gets finslished and shows the same revenues that they have been reporting, there is no way this stock should stay even close to this low. A company that does $20mil in revenue, single mom and pop shop or not, is certainly worth much more than $585k...especially given the growth rate that they have been achieving. Just impressive.. let's hope the audit confirms it and then hold on for the ride.
hmmm...its been happening with world moto for 4 years...still waiting on that run. runs do not exist with companies that have no news, no revenues, no financials, etc. hate to sound like Alien, but nothing for this company looks good.
nothing should be made of it....they cant even pay $10 month to keep their website running. They are toast
took them 9 months to get the K out that was overdue for 2015...so I assume getting the Q's out will take another 6 months, if they ever come out.
how many shares do you own Saw?
or none at all, other than the word "moto"...I bet FARE came up with the term MOTOCROSS TOO.
lol....hmmm, I am sure he will have another excuse for that....you can only download it on some weird bizarre website.
look at one of the lawsuits that was filed against apple a while back. There are companies that file and get patents for ideas, yet never even attempt to build them. Then when someone with the technology and smarts comes along and wants to build it, they try to sell them the patent of they sue them for infringement. hey, maybe that is WorldMoto's end game.. but if it is they shouldn't be paying anyone salary there or spending any money on anything for that matter...
nope. only through email and only to Col
I should know better, I do live in Texas....
yes my fault, only a few here.
it cracks me up that you all think world moto is tied to Uber somehow because they used the word "moto" at the end of a new service they are offering. do you think world moto made up the term moto?
I get annoyed with all of the posts by Alien as well, but what he says is true and cannot be denied, only overlooked by some on this board.
how can you claim 2016 was big profits? if it was they could find an auditor that didn't take 6 months to audit their financials. Our auditor gets it done in 1 month
they are worthless moves at this point and it is $1200 traded so far today....not exactly exciting by any means.
They ARE NOT and NEVER WILL BE Uber...
You mean you can't borrow money on hopes and dreams as collateral?
Great opinions guys! I have one for you as well but I will keep from getting too deep Into it...they are full of shit