World Moto Inc (fka FARE)

[Richie R]

It seems the stock price is a little anxious lately. A very solid update would be nice.

I pulled this quote from an earlier press release:

“The Company announced that on January 11th it closed a private placement for $1 million at 27 cents, and although the company has more interested investors these funds would be sufficient to execute the business plan through to production and revenue.”

It could be in the past they were relying on the stock to generate the funds required to grow the business through production and revenue. Now that they have the secured the funds they might feel the total focus of the company resources should be on continuing implementing the business plan and move forward as quickly as possible. Again what seems like a slow business pace to some could actually in reality be an incredible fast speed for the amount of work involved.

They have stated in past press releases they are surprised the stock price is so low. So they do seem to notice but also not too quick to dream up some PR to get an artificial rise out of it. It could be possible they know when the product gets in high gear the stock price is will not be a concern for anyone. IMHO