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That's completely absurd. Name one successful company that pretended to go out of business to block note holders from collecting on their notes.
Thanks JR, I almost forgot I have a client named Forrest I have to call today.
If World Moto was patiently waiting for the market to emerge as I also once thought, they would not have let their website and LLC go.
This is pretty common sense stuff.
World Moto has only ever traded on speculation. PR's that never amounted to anything and no revenue ever reported. It's always been speculation.
If that were true I wouldn't have missed so many opportunities to sell.
My guess is there are either still note conversions happening or people have jumped on the FDA approval news. This stock has only ever had high volume trade days following news.
Form T trades make the volume appear higher than it really is and it makes the stock hit the radar of people who watch stocks with an increase in volume. Teaser headlines about a new app coming out and people with no knowledge of World Moto jump on the band wagon not knowing anything about the company.
Idk, take your pic.
Buys and sells are only relevant if you're trying to determine if the pps is going up or down. Heavy on buys pps is usually going up. Heavy on sells it probably going down.
Actually 16 trades for $13,000 after you back out the form t trades.
18 people (16 really since 2 cancelled each other out) traded $19,000 today.
If your patent was worth a billion dollars and people were trading with insider knowledge this would be trading hundreds of millions of shares and hundreds of thousands of dollars.
Unless of course you believe the people who have insider trading knowledge only have a couple bucks to trade with.
Pics of their patents were posted on their FB page.
No he's probably celebrating Christmas under the new calendar.
Two trades today for $1 and two more for $5. No Form T trades at those numbers but it is entertaining to watch.
My house must be worth about 3 billion then. It's definitely worth more than World Moto's patent.
Seeding the market with a few thousand meters would have been a great idea in 2012. Too bad the company is out of business now and has no employees to sell anything.
It doesn't look like they are out of business. They are out of business. That's what happens when their LLC no longer exists and they no longer have a website or contact info. Truly amazing anyone would deny the obvious and continue the charade.
Every transaction has 1 buyer and 1 seller Cueva. It doesn't represent a bunch of people buying 1 day and selling another.
Are you not able to explain why a trade is registered as a buy or a sell then?
Seems more likely whoever is behind the FDA approval and new app release rumor that's being pumped is behind the recent high volume.
I see it's legal in NYC. They are still trying to overturn the ban outside the city according to the article I posted. I spent a week in upstate last year but I rented a car. I didn't research Uber there.
According to this article from March 2017 Uber is banned everywhere in NY except NYC.
http://www.concordmonitor.com/Uber-s-final-frontier-Upstate-New-York-8771739
Cueva please explain what it means when a trade is registered as a buy or a sell.
Did that change this year? I read a lot of press about Uber not operating in NYC and upstate.
Uber is blocked because of taxi unions and mafias. Same reason they are blocked in New York.
Can you explain what that means Cueva? What does an all buy day mean.
You fail to see the bigger picture. Uber installed around 100 meters in cars in one city in India. Meters are not the future they are the past. Uber's primary goal is to establish its footprint globally. Metering a couple cars is a temporary fix until India comes out of the dark ages and accepts GPS as a reliable measure.
It's actually pretty funny to think Uber would be more valuable if they registered as a taxi service and used a meter. Best joke I've heard all day!
There are billions of shares available for .0005. The charade has gone on long enough.
Uber is worth $70 billion dollars because they developed a market that doesn't use meters.
Better yet, if the patents were so valuable why wasn't World Moto able to find A paper financing instead of the convertible debentures? A patent worth a billion dollars would have positioned the company very well to raise capital. That didn't happen because the value is not there. Do they really think the investors they shopped this with didn't complete a business valuation? Clearly no experience with this stuff.
The only reason they were filing was to keep converting shares for cash. I'm sure they had to make it look like they still had a business plan. Several months ago I posted the 2014 10K and the 2015 10K for comparison. Did you ever read them side by side? The 2015 10K completely abandoned their Plan of Operations. The only update was one sentence that they were going to release a new version of Yes. Nothing about the Moto-Meter. The entire filing was updating new loans to the funders.
Yes, it's amazing how the stock has crashed.
ftfy
The website has a fake count Cueva. As documented here over and over again.
There won't be any new release of yes this quarter or next. Please bookmark this post for future reference.
Closed at its all time low today. Something big must be happening.
Yesterday you were going along with the 5 million downloads charade. Now it's meaningless to discuss? I do agree with you that' it's meaningless to discuss.
How's that new app coming along, is it FDA approved yet?
The numbers speak for themselves.
Version 1.0.2a publish date 6-26-2015
Version 1.0.2a publish date 9-17-2015
Version 1.1.3a publish date 5-26-2015
Every one says the same thing - Get it on: Get Yes on Google Play
Google Play is available to everyone, everywhere. No updates in 2 years.
Yes it has been debunked. Several times.
Cueva when you are on the app555 website and you click download to download hailyes the site redirects you to Google Play. This isn't something you can dispute. That's what happens and that's where it takes you.
You and Col need to be called out for lying about the 5,000,000 downloads lie. This was proven to be false and to continue to claim they are legit is a lie and both of you know it is.
You cannot download anything from that App555 website. That site redirects you to Google Play for the download. Google Play has the accurate count of less than 500. There is no secret market in China. World Moto has no employees to offer support for the app. The app hasn't been updated in 2 years. It's a lie. You two know it's a lie and you both need to stop lying about it.
Please post the article.
Looks like Pulsar Technologies was right there to meet that demand. Just like Link Lanka was ready in Sri Lanka.
World Moto has no employees and no one is trying to sell Moto-Meters. This should be obvious to see when other meter manufacturers are meeting market demands. World Moto no longer exists.
What does that have to do with World Moto? According to their financials they have never sold meters to anyone in Africa or anywhere else.
Releasing a PR saying you've 'shipped' products and then filing your financial statements with the SEC showing you never sold anything is called a lie. That's what World Moto did. They lied because they know there are people out there who are gullible enough to believe it.