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No! They have been doing that for years. They are going to announce a merger with a big company shortly!! Most likely it is Uber.
Someone deleted my message regarding the new CEO for Uber and how he will help move things quickly forward...
An Explanation Please
You have said so many times that World Moto is dead. You also list the reasons?
Now, do you have an explanation for the latest news? Why would a dead company want to spend so much money to bring sec filings up to date??
Col, Where is your original post about the dates of 10q's and 10k from Mark Green.
I just want to find out the approximate date the next 10q is going to come out. Is it this month?
According to https://who.is/whois/worldmoto.com
Worldmoto is still active, most likely it is being updated - try the Diagnostics.
Where did you see the info regarding that it is own by someone else??
This is getting ridiculous. The bid has gone up to 57 million shares at 0.0004. This is supposed to be a dead company and it is out of business. Come on people, sell! sell! Let me get some shares!
I totally agree with you that someone is scooping up all the shares from frustrated share holders. From my experience, it is very difficult to buy at this low price. Could it be that WM is buying back all shares with the help of a new partner?
Col, I hope you know that some of the people here on this board are market makers. Their job is to control the PPS, so that it does not get excessively out of bounds! I estimate that together they must have at least 100 million shares in their hands. Otherwise, they will be easily overran by a dramatic change in supply and demand.
Let me try to understand this. Does mean that if someone place an order for 100000 shares at 0.0004 for example. It will get filled over time as soon as some shares, be it 500 or 15, becomes available? But this is exactly how market makers manipulate the share price! They can release the 500 or 15 shares at a time they wish to change the market price!
Col, I saw someone bidding for 49 millions(?) shares at 0.0004 yesterday. Could this mean that the company (i.e. World Moto) is trying to recoup some of its shares before making a big announcement?
A Quick Question
I saw someone bought 500 shares at 13:44:19 for 0.00041. That was worth about 20 cents! Could one of the experts here explain how I can place a 20 cents trade?
FARE 6/28/17 Snapshot
Jeep, Are you expecting 3rd Quarter 10q? If they are filing another 10q, it might be a good time to load up a couple million shares at this pps.
Sujitta, are you really from Thailand? World Moto is very much alive! Here is the entrance to the World Moto office building. You should go upstairs and take a picture of its office.
[url][/url][tag]https://www.google.com/maps/place/%E0%B9%80%E0%B8%88%E0%B8%A3%E0%B8%B4%E0%B8%8D%E0%B8%A2%E0%B8%B4%E0%B9%88%E0%B8%87+(8888)+%E0%B8%9A%E0%B8%88%E0%B8%81/@13.742836,100.5577661,3a,37.2y,319.94h,86.94t/data=!3m7!1e1!3m5!1sPlM2LIXzqRNyuzbRRmU0tA!2e0!6s%2F%2Fgeo3.ggpht.com%2Fcbk%3Fpanoid%3DPlM2LIXzqRNyuzbRRmU0tA%26output%3Dthumbnail%26cb_client%3Dsearch.TACTILE.gps%26thumb%3D2%26w%3D86%26h%3D86%26yaw%3D270.9495%26pitch%3D0%26thumbfov%3D100!7i13312!8i6656!4m5!3m4!1s0x0:0x3be9b8ec70713e6f!8m2!3d13.742834!4d100.5576582!6m1!1e1?hl=en[/tag]
Jeep, I did miss your post. Maybe we should repeat the important news once a week to catch everyone? I am only a casual investor. I only check in occasionally to see if the stock is still alive or not. As long as I see the market makers blaring out the same old "scam and fluff" stuff to regulate the stock, I am confident the stock is very much alive.
Wow! This is big news Col!! I better get my shares back before the others return from Easter break. Initially, I was going to wait for it to go down further, but it is already treble zeros, it is time to load up!
Thanks again for your hard work!
What happened? Here again:
Wow! World Moto is alive and well!!
They are now almost up to date with their SEC filings.
One more 10-q and 10-k for 2016 to go, we are back to the OTC pink.
Jeep,
Sorry, my message was broken into two parts, I will write it again here.
You might not know that Google is banned in China. No one can get there period. The only way for someone to download HailYes in China is through third party hosting sites.
This is for Alien's comment: If HailYes doesn't work, why do people download it?
The only way to download HailYes is through a third party app hosting site.
You might not know. Google is banned in China. You cannot get to it period!
Bike taxis for Bengaluru ...
Did you not see the article on bike taxis for Bengaluru (also called Bangalore, the capital of India's southern Karnataka state)?
Yes, the regulations cover the bike taxis as well.
"The two wheelers will have digital meters," HG Kumar added. The department is likely to keep the fares below that of auto rickshaws. The regulations restrict bike taxi service to city limits only…
Read more in the following link:
[url]economictimes.indiatimes.com/small-biz/startups/bike-taxis-for-bengaluru-by-one-on-one/articleshow/48551701.cms
[/url][tag]insert-text-here[/tag]
How about when FARE hits the penny land. However, I would rather see the other two mentioned stepping down before you!
Mike, I think you have just spoken the view of many members here from the bottom of their heart!
Once FARE goes back up, I think they should do the honorable thing by stepping down from their roles.
The timing of the conversion is important here. I think they know something is coming. They want to get more shares for their bucks. Based on my experience, it usually takes about four months to fix a missed annual filing. The four month period is up. It looks like that there will be a PR out on Monday about this! Last call to BUY!
Not many will be a millionaire even if FARE goes to $1 and beyond!
Right now, I bet there are many people here, each with a million shares or more. It will be interesting to know how many will be left once we get into the penny land? Just think that every jump of a penny up or down, that is 0.01 per share, your account will change by $10,000 or more. One really has to have a special kind of mentality to deal with that kind of a jump. At a minimum, you should be impervious to the negative thoughts presented by some of the ihub posts!
Nonetheless, I would expect many will sell long before we get into the penny land. It is just human nature. So, my advice is that if you don't have strong nerves, you should get out early. This stock is not for the weak-minded!
With price this low, I think it is a good time to BUY!
Thank you for the suggestions and advice regarding whether I should go short or long. Yes, I should do my own DD. It was not difficult to figure it out.
I did a quick look over the short reports over the last month. The volume of shorts is about 20 million shares, about 30% of the total volume of 67 millions. The daily ave volume for the past month is about 3.5 millions. Based on these facts, here are two points I like to share:
(1) Judging from past month’s data alone, it will take at least 6 days for the shorts to buy to cover their 20 million shares! (2) Most of the shorts were sold at 0.0014 since FARE stayed almost flat around 0.0013 for the last month. If the price goes above 0.0015, the scared weak shorts might start to buy to cover and create a mini short squeeze?
In addition, I don’t think FARE will go back down to the 0.0004 level or even below 0.0010 any time soon. There were just too many shares traded back in March and people are holding onto them. So, I don’t think buying short is a good idea for now. Just think of the probability of FARE going down to 0.0001 vs FARE going to 0.0026 and beyond!
Also, from all the discussions I have read, it seems that going long is a good bet right now. I know the history of FARE is ugly with a long decline, but it does not affect someone new. I tried getting some shares at 0.0012, but there seemed to be a huge back log. Remember, we are fighting with the weak shorts for shares as well.
Have just found out about this board. Sounds very interesting. Thinking of getting a couple millions of this stock. Should I go in short or long. Any suggestions anyone?