If you have done your research on Paul Giles et al then you realize that World Moto has successful management team, is located in a very exclusive Science and Technology Park that offers the company support and advantages in order to grow from incubator stage.
I feel that it is very speculative, at this stage, because even if the products are good ones, that the company will have enough capital to exploit their products. I feel that management seems to have a good business plan for the company and may have contingent possibilities for funding in the future. Remember, they sold a mil dollar private placement to someone before at a decent price. One of these may be income from the new Wheelies product which may come soon and the other from other sources that they may be in contact with. I have made a bet on this company to succeed. I hope that I am correct! I have seen negative comments but you will always see negative comments about penny stocks. I also think that we are in a world of new technology where many "better mousetraps" are coming to the forefront. I think that Wheelies and the Taxi Meter could grow very fast. I would love to hear the boards comments.