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You might want to visit Sri Lanka so you understand the meter mandate!
Jeep, thanks, you do great DD. No doubt FARE has a ways to go and that's why SP is so low. Contract changes everything.
Sri Lanka dealer is CURRENTLY testing MM...
'Nobody' believes FARE is a Scam...lol
WM has a dozens of dealers...huge marketing team!
Contracts change everything, favorable funding becomes avail., market cap increases significantly, marketing campaign begins, etc., etc....hang on!
per SEC Filings for year 2015, WM has SOLD $1,500 ....yes, that is over 15 months ago...I wonder what the sales are to date...lol
Sri Lanka has been estimated at a $100 Million opportunity...just one little tiny country!
Remember, this is an 'emerging market' dependent on gov't mandates. Wall Street loves emerging markets that have huge opportunities over time.
per SEC Filings to June 2016, WM has SOLD $3,000 ....yes, that is over 9 months ago...I wonder what the sales are to date...lol
Sri Lanka has been estimated at a $100 Million opportunity...just one little tiny country!
Remember, this is an 'emerging market' dependent on gov't mandates.
explain why Uber needs taxi meters in Indian cities?....lol
Yes, the MM has a worldwide opportunity in a $500 billion market...pretty obvious to me
Maybe they sold IP to UBER ...ha, ha
yes, $2M with no functioning company or sales. Image what contracts will do
$1 Billion Market Cap is what I peg the IP Value at- based on opportunities in India, Africa, Europe and other places.
We don't know how WM is marketing their products....yet (?). We do know:
> they have dealers
> working on SEC reports/ compliance
> possible connection with APP Players or an investment consortium.
Maybe they are selling IP or they plan restarting a new company Web site. My guess is that they ran out money, didn't see need for Web site for some reason and are in process of selling IP to an APP company.
I invested in the IP...I could care less what WM does. A contract changes everything!
Col (and Jeep) thanks for the info. I think many 3 wheeler taxis will want the app enhanced and patented MM. nMills suggest MM might be manufactured in India (?)...this would be great.
This is an emerging market...exactly what Wall Street loves!
Gazette issued on new regulations for three-wheelers
January 13, 2017 05:01 pm ...GOOD TIME TO LOAD UP
lol...all the negative post makes me want to buy more shares . No doubt FARE is a risky investment but the IP is very strong and moto meters will certainly come to the industry someday. Why wouldn't riders want a gov't controlled fare? MM makes perfect sense to me.
I'm still hoping a BIG APP will buyout the IP so that I can get a big ROI on my investment...if not I will wait to see what develops with WM.
I suggest investors read the patents to understand the value of the company and the potential upside. Moto Meters is an emerging market that will happen over time...IMO
Briefly, IP includes:
> app enameled Vehicle Management System for Auto and Moto
> wireless updates
> Safety features
> Vehicle tracking for loss prevention
> Insurance app
> many more unique features
It's just a matter of time before we hear some positive news. With a market cap of less than $2M, FARE could be a huge run. IMO
I'm confident that there is a huge market for MM...it's just a matter of time (and we have 10 months of unknown sales/ development from the last 10Q)....I'm completely OK with my investment.
I've invested in the potential of MM and YES (the IP)...obviously it's a risk/ speculation investment and will depend in part on massive funding. IMO
I'm happy to read from 10Q that WM intends to expand market of 'YES' in fourth qtr. 2017.
"As an element of mobile commerce, we have introduced “Yes,” a concierge service where persons can order products and have the products delivered to their address by motor scooter. The Yes service has been going through testing and was launched on March 9, 2015 in Bangkok, Thailand. We are currently exploring new markets for Yes™ with the intent of expanding beyond Thailand in the fourth quarter of 2017."
exactly as you say..." Or the potential income"....little burn rate now- no employees, office, web site, etc. I doubt they will be raising money/ diluting now.
The app companies are certainly aware of the need for MM in various markets around the world!
lol...the patents is the only assets of WM. It's the only reason I invest in this company.
The IP currently has a market cap of $2M. I think with 22 patents for MM around world the market cap should be worth far more. But since this is an emerging market, it will take deep pockets to market, set up support staff, product enhancements, etc, etc.
Thanks, Joe. We do know WM is still releasing 10's (late) with no mention of MM but stating that they plan to launch 'YES' 4th qtr 2017 (which will take millions IMO). We also know there is an emerging market for MM.
It appears WM thinks they will have cash later in the year. The problem for
investors is that the SP may drop to new lows. I want to add more shares but the timing doesn't appear good.
It's surprising that posters with contacts in Thailand can't find any news of WM, MM and YES...?
I don't know charts- What does 'very bullish intermediate' mean?
Thanks for the info. Seems the MM is on the move!
Interesting end of day 500K buy.
ridiculous....meters are being mandated around the world as posted numerous times in this site.
Moto Meters is an emerging market. It'll take years to develop. The IP needs a very deep pocket parent to market. Uber and GRAB knows this.
It's clear to me WM no longer owns the moto meter.
WM says it will launch 'YES' fourth qtr 2017. They will need $5M to $10M plus to do so- any else would be a waste time/money.
lol..."bunch of stuckholders"- thank you. Why do you care???
The market appears to believe there is value in WM (IP)...but I doubt it's soon or the SP would be much higher. My guess gov't mandates haven't happened yet.
A sell out price and our PPS:
$10M- 4X
$50M- 25X
$100M- 50X
$1B- 500X
IP Valve- patents in 22 countries, 40% of worldwide moto taxi business estimated at $500B per year
No mention of MM in latest 10- the IP is SOLD...IMO
Yes, either a great buying opportunity or other. I'm still buying because of the 'IP' which in my opinion is worth a lot of money. Simple as that for me.
Yes, I'm also staying long. I think something is up. Maybe we will know soon.
I would say we recovered OK with SP. Where we go from here is dependent on the status of GRAB test and what Uber plans to do.
My guess, now that we have no employees (per Jeep), we sold IP. SP will be determined by selling price. If this happen, it's a very good deal for WM stock holders with potential immediate ROI.
agreed...it will be interesting to see what's next.