World Moto Inc (fka FARE)

[Harpo1]

Might take some time and significant sales generation to get back to share price of $.002

Remember Yahoo shows market cap at approx. 1 MM wit market data from Sept. 2015 report.

Lets use a price to sales ratio of 10 times.

So we need at least 10 MM in sales per year to see a share price of $.002. And likely double that amount of sales or $20 MM given the extra shares they had to issue to keep their operation running this past year.

Should be very interesting when they complete and get current all SEC filings.

We should do this review again after seeing the SEC filings. We will know the final outstanding share count, and real sales data.

I guess that time will tell all.

Go FARE!!!!!!!!!!!!!