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GRAB testing 25 plus meters in Thailand...maybe they stole them
Uber banned in Thailand- no meter
Uber banned from Indian cities- no meter
Sri Lanka requires meters
Rwanda mandates meters
Gov'ts mandate meters because:
>standardized fares
>collect taxes
>safety
WM owns a Vehicle Management System Patented in 22 countries...that has huge value in driver-less vehicles, auto/ moto taxi meters, and more.
I can't think of a reason for WM to close shop except that they sold the IP. It seems new owner is not ready yet to announce ownership...maybe waiting for a gov't mandate/ contract or maybe they are forming new company.
Hopefully, the IP was sold to a well funded company that has resources to manufacture/ market MM around the world- and add significant impact on value.
For share holders the selling of IP will have a positive impact on SP. Long term SP may be determined by terms of buyout.
My guess is that GRAB or associated company owns IP.
IMO
guess we waiting on the Thai gov't to approve moto taxi- maybe weeks months/ years?
Interesting to note that there is no mention of moto taxi service in Thailand or Singapore on Grab Website. New services such as as moto taxi with meters not publicly launched yet. Hold tight! I doubt WM will announce anything yet.
Many/ maybe most reporting companies released 10K today...?
I'm sure WM wants the most bang for the buck. A Major Announcement might do this. I doubt they care much about SP (individual holders) at this time. Management is the major holder.
Yes, it appears WM isn't too concerned about anything- no web/ phone, filings, etc. I would relax, WM has been working on whatever is happening for over a year and it will be disclosed very soon (per GRAB Test).
Suggest you prepare yourself for WM selling IP or a strategic relationship. A big name partner or well funded consortium might pop SP 25x to 50x overnight.
WM is a NON-REPORTING Pink Sheet Company- little if any SEC Rules apply. Besides, I never said WM has 'closed the deal'.
No doubt if WM gets current, everything will be released and disclosed.
When 10K released in March 2016, I believe WM knew exactly what they wanted to do when they stated "product launch in 2017". Relationships/ products take months/ years to develop- anyone who has worked in high tech knows this.
The moto meter re-launch will be much bigger than we anticipaate (GRAB, UberMoto, etc.)...IMO
My guess is that GRAB will need maybe 100,000 meters in inventory (and maybe installed on moto's) in SE Asia, before a Roll Out' of moto taxi support. No one would launch a new service without the infrastructure in place!
Good time for the 'Product Launch 2017' as per 10K
Thanks, I would think that a good investigative local reporter could easily get answers from GRAB Thailand. Like to GRAB "tell me about roll out" and "what is the future", etc.
I'm surprised we haven't heard anything from GRAB. Maybe premature, I'm sure they want the publicily
If/ when WM sells IP, this will be public knowledge. Appears not a done deal yet- prob. waiting for financials.
Joe- can you capture a picture from your video of GRAB Fleet Test?
Jeep- have you heard back from GRAB regarding your question about moto meter?
huh?...I have headache now. I was happier being a dumb investor. I invested in the IP.
seems like a reasonable post...thanks for your opinion.
wife got nervous! (when she heard about 'the' new WM strategic relationship)
easy, his wife is now 'also' the owner...you must not be married.
thanks...I like 'facts'
GRAB Moto Meter Fleet test is happening in Bangkok not the BKK Airport.
An eyewitness in BKK has indicated and videoed 25 minutes actual use that GRAB is testing the World Moto Taxi Meters. It's been reported that 25 plus motorcycles with meters are part of this Fleet Test. A board member has seen this video in the last few days and we are waiting for his post.
Any comments?
Our financial backers know exactly what's happening (and GRAB, UBER, etc.). It's reassuring to me that the sp is being manipulated positively (by the MM)...I tried all day to buy at $0.0018 IMO
Very well put...we've waited this long for positive news and now we have some. Whatever Giles does it should be good for all of us- he has the most to lose after-all.
Yes, understand. I like the IP so I'm still buying (knowing it's high risk)...but a very strange company for sure.
I hope WM isn't looking to relaunch company with massive dilution.
Any guess why WM closed shop? My guess they have a deep pocket partner who will market product- they've have a had a year to put it together.
Yes, but they are not App compatible nor do they work on moto's. How many moto taxi's in India? Maybe not many yet but Uganda has 90,000 moto's.
Sri Lanka has well over 100,000 Tuk Tuks.
The moto taxi market is est. at $500 Billion...hardly a blip since there are far more moto taxis than auto taxis. Our patents for APP Meters was designed for both auto/ moto and are totally interchangeable.
Controlling Africa, India moto business is a very big deal....pundits est. UBER IPO at between $50B to $100B...a huge swing. If I was UBER I would be mounting a BIG PR CAMPAIGN !!!
They just purchased a sh_tload for India!....per press article in India about installing meters.
what many don't understand is that a buyout is a good thing (at reasonable price)....immediate jump in SP rather than waiting years for a ROI.
yes, IMO- they desperately (for IPO price- we are talking Billions) need 'meters' and control of the markets they are in. They have stiff competition around the world...owning the moto meter would give them leverage. Maybe just dreaming about UBER, but I think someone now controls the 'moto meter'....WM no longer marketing meters.
Seems UBER lost the battle in India, Sri Lanka, etc. (and Thailand many months ago)
I wonder how UBER will compete in Thailand- they'll need a 'meter'?
Maybe we'll get some press from Thailand about GRAB and moto meters soon. It's a very news worthy story for residents.
Jeep provided fair assessment. Large Investor for about nine months- up 250% plus.
Thanks, This should kick off SP. I wouldn't be concerned about WM closing its doors, I'm sure good explanation that will hopefully be beneficial to share holders.