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My guess Q's released in Jan
Guess we will find out in the Q's if WM has sales and major opportunities.
They know the 'military pipeline' that's why the invest....they are not idiots!
WM is the only motorcycle taxi meter in the industry with IP (patents) in 22 or so countries. Huge potential! ...if they can get good funding without too much dilution. Q's will tell us the direction they are going.
Contracts of course will change everything....pretty exciting IMHO.
There is no argument against WM and it's POTENTIAL, patents and a potential workable HailYes, except that the company has not executed to date. Too bad.
great post...open licensing makes a great deal of sense....if it only worked
yes, MM may have a value of millions/ billions to Uber to crack all the countries that want taxi meters. WM has no competition for MM. This is why many have invested in WM. Until we get Q's we wont know. High risk, potential high return. VERY EXCITING! IMHO
Uber didn't have much success in Thailand
If WM gets some traction in a country or two, I think think there will be a bidding war for it's technology by Uber and others.
WM facts to date:
> Patented in 22 or so countries
> First and only taxi meter in market
> Has Hail/Yes App- technical issues at this time
> Getting SEC compliant- slowly
> UberMoto?...may have connection to HailYes?
> Some countries/ cities want taxi meter to easily collect taxes
It will be interesting to see what the Q's have!
Ubermoto seems to be doing well in Vietnam
https://www.travelcodex.com/2016/06/review-ubermoto-in-southeast-asia/
Thanks for the update. Let's hope for some positive news soon. IMO- I don't see any obstacle in the way of MM. We only need some sales/contracts to prove market. After that it's just a matter of marketing.
The IP value will be determined if the company can get a contract from a city or country and dramatically expand revenue. Know one knows yet if the market exist but it seems logical to me.
you could be right...but don't you think you should wait for Q's first before making predictions?
they haven't announced any sales yet...give me a break!
you seem to forget they have patents in 22 countries. This IP could be worth billions.
Good post! Seems logical to me that WM will find a city or gov't contact for MM. With one contract many more will follow. The IP could be worth billions...certainly high risk...but potential high return.
WM should have no problem raising money if they have some sales. One City or Gov't contract will change everything....low revenue sample sales until then.
High Risk Speculative Investment at this time.
IMHO- Patents (IP) could be worth billions
I belonged to the Largest Angel Investment Group in country (Orange County, CA) several years ago. Deals are typically 30%-49% equity....are you sure you want an Angel?
Angle Investors are pre Investment Bankers....about 5 years ago would have been a good time.
Thank you! If WM goes out business (very doubtful IMO) so what...this is a risk investment at this time until we see 10's.
Great buying time as we await 10Ks
.......or.....
Good time to sell out
WM is a high risk/ high return company
Purchased some shares today at $0.0008. I hope for some good news soon. A few MM sales and a dynamite PR would do it IMHO.
Maybe...we will know soon after SEC Reports.
WM is a start up until they have sustainable income...period. IMHO it will take a city or gov't contract.
The difference IMHO is that if WM cracks a couple of cities for MM, then the company will be 100X share price in a year or so. The RISK/ REWARD of speculative stocks.
....many investors don't understand new companies...especially startups in a brand new market...WM is the 'FIRST' motorcycle taxi meter that is patented...normally it takes about 8 years to crack a new market from my years of experience at HP. WM is not an investment, it's pure speculation at this point.
Yes...I don't trust anything they say....only SEC reporting. This is a poorly managed company FOR SURE.
I'm surprised they are so low...of course new companies get diluted...this is a high risk company/ opportunity. Maybe time to get out- for some.
Oh Please...I've started about six different successful companies...some where startups (un-profitable) for years. My current company was unprofitable for six years.
How can you make predictions on WM without knowing the facts?.
No doubt a good point...it depends on market acceptance, we should know soon if the market sees value in MM...? If they can land one city contract then it's off to the races...if not a waste of time/money.
Yes, I agree...this is a start up in a brand new industry with patents that the apps would love to have. WM has Hugh Potential- that's why I'm buying shares.
Share price may be difficult to compute if WM can sell market opportunity. They have patents that could be worth billions someday if they have market acceptance.
I remember a few years ago when Medbox went from $0.01 to $240 in one day when they announced their Medicine/ Marijuana Vending Machine Box. They were acquired, maybe out of business now?.
It's all about 'marketing'.
I'd buy a sh#t load of stock if anyone has had favorable news from WM management??
I agree, WM should have a great future but the question is will they? I hope they sell out to a larger company that has built a growing company before.
Great product is absolutely no guarantee for success.
I've asked WM for an update. In June, they told me they had some small orders. I doubt we will see much revenue to date- contrary to what the pumpers say.
My guess is that they are broke...let's hope they find some money or sell to a larger company.
GOOD LUCK manipulating a stock that trades a few hundred dollars per day.
relax, fin will be released some day...soon I hope.
Not sure why you think inquiries have lead to substantial sales? Where are the world press reports? Have you ever sold anything?
I have over 10MM shares, large sales would be great, but I predict about $10,000- $20,000 in sales, maybe 2 to 3 time pop in sp with financials and several great PR's.
Note: the way it works in sales, $20K this year, maybe $2MM next year.
Exciting time ahead....even I few meters will prove the market!!