World Moto Inc. (fka FARE)

[Harpo1]

Guys,

Lets get real here about where we are possibly at........some thoughts.

The current market cap from 2015 year end report shows outstanding shares of 1.49 billion. is approx. 2.19 million using Friday's closing price of $.0015.

FARE had to sell shares for the last 12 months of 2016 to manage their business. So lets say that the current shares outstanding is now approx. 2 billion.

This gives us a market cap of $ 3 million using Friday's close of $.0015.

So lets say they begin to get sales and do $10 million in sales for 2017. And lets we use a price to sales of 10 x. That makes the market cap to sales or price to sales at $ 100 million.

With 2 billion shares outstanding the share price would be $ .05.

So this should give us a real figure of merit estimate as to the near term pricing of this stock. Should we see sales or price to sales multiples be higher or lower then naturally these numbers should be adjusted.