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EOT

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Posts 12376
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Alias Born 05/05/2014

EOT

Re: A deleted message

Wednesday, 09/28/2016 7:38:24 PM

Wednesday, September 28, 2016 7:38:24 PM

Post# of 39542
Cause my brother took 6666

Here's the full email



Dear 8888,

We understand. We want the same things you want.

We also recognize that, respectfully, 93% of startups fail (http://www.businessinsider.com/startup-odds-of-success-2013-5) and there are far fewer US public companies today (https://www.bloomberg.com/view/articles/2015-06-24/where-have-all-the-publicly-traded-companies-gone-). Most companies go out of business and it is also commonplace for companies to miss filings. There is a main section on risks in the filings ("Risk Factors") as well as other areas that thoroughly detail the risk factors (From the SEC: Fast Answers - How to Read a 10-K" at https://www.sec.gov/answers/reada10k.htm). Moreover, the challenges of the Sarbanes-Oxley Act and recent public market trends are now common knowledge (read Mark Andreessen's remarks, once again below). In short, stuff happens.

That said, World Moto missed its filings and is currently in the last stage (audit) of rectifying that, i.e., bringing the filings current. WM paid the auditors - a major expense which says everything about WM's filing intentions. World Moto's actual business (not current stock prices) is in the best position it has ever been in.

We are not focused on the rear-view mirror. We are focused on the road ahead, and we are more determined than ever to drive the company to success.

Kind regards,

Mark Green

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