World Moto Inc. (fka FARE)

[Cueva]

I can't think of a reason for WM to close shop except that they sold the IP. It seems new owner is not ready yet to announce ownership...maybe waiting for a gov't mandate/ contract or maybe they are forming new company.

Hopefully, the IP was sold to a well funded company that has resources to manufacture/ market MM around the world- and add significant impact on value.

For share holders the selling of IP will have a positive impact on SP. Long term SP may be determined by terms of buyout.

My guess is that GRAB or associated company owns IP.

IMO