World Moto Inc (fka FARE)

[Jeep_Guy]

You're saying you have 24 million shares??

I get the desire to average down but anyone buying shares of this company right now should be prepared for a 100% loss.

When/if they bring their filings current and there is actually something positive to read in them there will be plenty of opportunity to invest.

Let's be realistic here. If they file and revenue/sales are reported, we know from their own admission that they have only been filling small orders to date. at $100+ a piece how much could possibly be reported? If they show $10,000 then they have sold 100 meters. My guess is they haven't sold 100 but let's call it $10,000. That is not going to send this stock to penny land. Anyone who's being realistic would admit this.

World Moto's business plan has always relied on regulation and mandates. Several companies have made the news lately in this industry. Uber, Lyft, GrabBike, Go-Jek, Ola, but where is World Moto? If mandates do get passed are governments going to award contracts to a company who is currently operating and profitable or go with World Moto?

I'm not trying to be negative. It's a serious question.