Replies to post #13031 on World Moto Inc (fka FARE)

[Sujitta]

Let's do some math together.....

They received $500k over a month ago.... they spend around $70k a month. They had short term liabilities of over $200k and I am being generous.....

So let's say they are left with $300k.....

How long will that last?

300k divided by 70k is just over 4 months..... So by April they will be out of money again.

Plus, at the end of March you will see their 10K for the year ended December 310, 2014.

In that filing I predict they will be bumping up around 500 million shares outstanding and that won't include January, February or March. And they will be broke again.. sorry, the company will be broke but they will have done ok.

This is going to be fun to watch.