World Moto Inc (fka FARE)

[Sujitta]

Stairman,

The company is not a scam. The have a bad business plan and bad management and worst of all a death spiral financing.... it's a toxic convertible, people scour SEC filings daily looking for these and right away jump on the short side. I have no interest in saving anyone. This trade has paid for multiple trips to party in Thailand off money I have made shorting this stock. I still predict lower prices and soon a reverse split.

The company it self said in their last SEC filing that they would run out of money August 31.

Now management is taking stock instead of cash for services rendered.

That means the company IS out of money. The next 10Q is due Nov. 15th for the period ending at the end of September. Look at the cash position when they file it..... and look at revenues... I wonder if it will show Col's meter....... HAHAHAHAHAHAHAHAH 1 meter sold, that would be something......

I am short the stock. I make money when the stock goes down and after the announcement of the Aegis funding I posted here that the deal was done, cooked, going sub penny. Look it up, it's all there.