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General Grievous

12/02/15 2:05 AM

#19504 RE: Sujitta #19502

Lol ok i see what the discussion was about...yup this is a no brainer pos...thing is all they really need is one big order say 10k and that wilp get their name out their and theyll be able to expand other biz ventures they have..but i sweqr to god these people are screw ups who dont wanna work hard..just a free ride.....

Jeep_Guy

12/02/15 10:09 AM

#19509 RE: Sujitta #19502

Facts don't matter here.

They are not counting on revenues. I posted this on 11/23 and it is cut and pasted from the latest SEC filing to which amazingly some people choose to ignore.

...Given our cash position of $1,100 as of November 18, 2015, and the proceeds from our convertible debt and equity financings, management believes that our cash on hand and working capital are sufficient to meet our current anticipated cash requirements through November 25, 2015...
...We are targeting an additional $500,000 over the next 12 months in additional working capital...
...Accordingly, we expect to continue to use debt and equity financing to fund operations for the next twelve months...

It's straight from World Moto. They are counting on debt and equity financing to pay their salaries.

They have intentionally withheld any alleged sales and have outright stated they need more toxic financing to pay the bills.