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Jeep_Guy

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Jeep_Guy

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Monday, 11/07/2016 11:04:25 PM

Monday, November 07, 2016 11:04:25 PM

Post# of 39541
You guys actually READ the previous SEC filings right? As in open the page and read the whole filing?

Anyone who has already understands why this company hasn't sold a bunch of meters and it has nothing to do with a drug charge from the 80's or laziness.

It's spelled out in the filings. It's straight from World Moto. Their business platform relies on government regulation of the motorcycle taxi industry. It relies on governments subsidizing the cost of the meter after mandated use has been passed. The cost of the meter relative to the market they are hoping to sell in is sky high.

None of this has happened yet. All you have to do is read what World Moto disclosed to everyone over and over again.
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