World Moto Inc. (fka FARE)

[Jeep_Guy]

Landing a government contract as a result of a government mandate was always World Moto's stated objective. Read their SEC filings it's all in there.

The Thai Ministry of Transport oversees the taxi business in Thailand. The local taxi drivers already grease the palms of corrupt people. That's how they keep their business a cash business and also how they've kept Uber and UberMoto out of Thailand for the most part.

You're suggesting World Moto approach them and make a similar deal. Ok. So a Canadian man working on a Thai Visa goes to this person and offers him X amount of shares in a company that is no longer in business as a negotiating tool.

Who do you think will win? The local Thai taxi drivers or the Canadian with shares in a defunct business?

How long have you been here nwar? Your idea is actually a good idea and World Moto tried this in December of 2012 bringing Julpas Kruesopon on it's board of directors and giving him 500,000 shares. This news along with the news that the Moto Meter would be hitting the streets of Bangkok in the Spring of 2013 is why I invested in this company 4.5 years ago.

BTW the deal never went anywhere and paying the guy off didn't get meters on the streets.

https://finance.yahoo.com/news/world-moto-inc-advisor-prime-210500975.html