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I only have Chinese version. Can you copy/paste info??
Site seems to be down... FARE iHubers crashed site . Yes is interesting but the real 'meat' is MM.
Note: China may have blocked me.
should add
:
> no revenue reported after June 2016 filing.
> I wouldn't expect any revenue from 'YES' until all the MM drivers are vetted.
> 22 patents is what's important- who can debunk that?
What we know about WM:
> still trading
> no operations- no employees, Web site, phone
> testing MM in Thailand for Sri Lanka- reported by poster
> maybe opportunity in Africa
> No reported contracts
> 5 million PLUS downloads of 'YES' somewhere in Asia
> Three software updates for 'YES'
IMO- This is a high risk speculative stock, but I'm still buying because of the 22 patents in countries around world.
yes, maybe but it appears now WM has no employees or operations. Little or no dilution. Small companies take on debt to reach a point they have sales and get non-diluting funding.
very low volumes- no debt holders are converting!
next filing may detail why WM closed Web site/ phone/ employees...?
my browser shows 100,000 downloads (Google Chrome)
Add to list
Free
81
4.1
User ratings
5703
Installs
100,000+
version
v 1.0.3c
File size
10.64 MB
Screenshots
I do business with China. My company and email is blocked to some people. My IT tells me China has blocked a whole series of IP addresses. My contacts in China moved to a different ISV and no problem now.
I saw the 5,000,000 PLUS downloads....I'm a believer Who cares what some think.
no, I did several months ago. It took me awhile to figure it out- I went to home page and found it there.
Jeep...nope your wrong! Col has posted it before! I've seen it.
Col, It might be helpful if you could capture the screen and post. I think Every browser is different....I'm only seeing 100,000 plus on my browser?
per 10 ..."We are currently exploring new markets for Yesâ„¢ with the intent of expanding beyond Thailand in the fourth quarter of 2017.."
per 10K- YES product launch 2017 (4th qtr)...roll out/ testing/ drivers/ etc. takes time/money. The YES 'IP' is valuable IMO
come on, if YES was funded, this stock could have a $10 sp. Launch won't happen until funding!
1. YES, might save hundreds of thousands in development cost of an operator in INdia, Thailand, etc.
2. The MM is the ONLY PATENTED 'APP ENABLED' METER in the WORLD
The value of YES is that it is available to any small taxi operator who wants to start an APP operation...there could be thousands in the coming years- for example LA, CA has about a half dozen App companies....maybe more. Why join UBER when you can cheaply create you own APP Company....Great idea maybe bigger than MM!
per 10's- YES launch 2017 (4th qtr) in Thailand- posted many times on this site.
YES is scheduled to be launched in 4th qtr 2017 (per 10K). This implies WM anticipates having funding in the near future. My guess a launch will cost about $10M for the infrastructure. Note: no mention of MM so I believe this product is being sold to someone with very deep pockets.
No one ever thought that the MM would replace all the taxi meters in the world -except maybe Col . The MM is a new generation patented meter App enabled, vehicle management system (read the patent) that may take some market share.
ONE Contract changes everything!
No, I doubt that!
Wow, this is getting very boring. Someone, somewhere must have at least one press article about the MM being tested? (not by WM)
The MM is the most TOP SECRET product ever made. ....I suggest no one post anything until we verify the product is being used/tested.
Col, I would be careful about stating the "facts" regarding the MM or WM (unless you know something?). We only know test are being done in Thailand for a Sri Lanka Taxi Operator- 20% of all 3-wheelers in Sri Lanka are already using meters. Hopefully the MM will take some market share. Other parts in the world are just speculation at this point.
Maybe or maybe not- we don't know how WM is marketing the MM? My guess someone else is or will be shortly. The IP has value, I believe lot's of value!
Philippines is a huge market- I wonder if we've made any progress there?
No doubt there is a huge market for MM per all the press...but... it may take time to penetrate market. The only question is how will WM finance it?
Yes, Haitian MM makes sense...thanks!
China moto taxi meters is the real elephant in the room....IMO
YES App is not scheduled to be launched until 4th qtr. 2017 in Thailand
Why IP is worth $1 Billion:
22 patents might generate $100M to $200M plus revenue in 3 to 5 years.
The VALUE in FARE is the PATENTS- 22 patents and counting.
Yes, a buyout by UBER would be great for investors in FARE. Depending on sales price, immediate significant ROI. UBER would gain a product to help cement their efforts to penetrate the moto taxi market. They have the deep pockets to market worldwide.
Yes, no doubt a risk investment. I thoroughly read patent, and I see value in product so I'm betting this will be a winner in 3-5 years. This may not be a get rich quickly investment....company needs some very deep pockets.
Interesting...guess all the articles from India, Africa and Sri Lanka are fake news....lol
yes, I doubt they have come to a final agreement yet. A contract would greatly increase value of company.
MM makes sense for moto's....not so obvious for 3-wheelers- but I think some taxi operators will opt for MM for added value.
I believe they sold IP and new owner is waiting to make announcement! Nothing else makes sense to me. Hopefully new owner has deep pockets- WM six million dollars didn't go very far.
who cares what meter has been used in Sri Lanka. What matters is the acceptance of our maybe more expensive meter in the future. Will the MM be accepted and gain some market share?? This is the only question of importance.
Few believe WM will sell a million MM in the near term. If they can sell some in Sri Lanka and other places then the market is verified and Wall Street takes notice....this is how it works IMO.
This is a long term emerging market that has taken years to develop.
agreed...airport area may be best bet for an app enabled MM