World Moto Inc. (fka FARE)

[EOT]

AFRICA AFRICA


No update Regarding the Moto Meter for 2016. Yet.

BUT IT SHOULD HUGE!!!

http://r.search.yahoo.com/_ylt=AwrBTvaqY.1YN6IACes5ByI5;_ylu=X3oDMTEzMjBrNzYwBGNvbG8DYmYxBHBvcwMxBHZ0aWQDTU9DQTAxXzEEc2VjA3Ny/RV=2/RE=1491981354/RO=10/RU=http%3a%2f%2fwww.marketwired.com%2fpress-release%2fworld-moto-signs-mou-for-new-moto-meter-distributor-in-rwanda-pinksheets-fare-2092836.htm/RK=0/RS=CBGQwKvTjDbloJ2IKx.CPRM_0FU-

From WM Press Release..
READ CAREFULLY.; tick tock
"as the preferred form of contract between the Company and distributors rather than more formal instruments in order to expedite agreements and offer flexibility to the distributor in establishing juristic entities and negotiating investment."


Outside Source confirming the PR:
http://r.search.yahoo.com/_ylt=AwrBTzFocu1YFbcAaEE5ByI5;_ylu=X3oDMTEzNmViazNqBGNvbG8DYmYxBHBvcwMyBHZ0aWQDTU9DQTAxXzEEc2VjA3Ny/RV=2/RE=1491985129/RO=10/RU=http%3a%2f%2fallafrica.com%2fstories%2f201602161006.html/RK=0/RS=qA5qziKixWmVlvMm.8dEAj3jYBU-

"With components such as GPS tracking, black box and mileage gauge, the moto-meter is expected to help motorbike transporters to charge accordingly, but also track stolen bikes and the sales will begin in the capital Kigali, where riders operate under tight government regulation and have a close relationship with the state security apparatus."

"Motorcycle taxis in Kigali have often been used as an extension of the policing system to track down criminals and suspects, and the moto-meter is expected to allow the state to continue this tradition using more modern technologies."


"Rwanda is set to introduce meters with the aim of enhancing the security of operators of commuter motorcycles, better known as taxi-moto"

"Despite the fact that some taxi-moto operators are not even aware of the fact that the moto-meter will soon be introduced"