Replies to post #24225 on World Moto Inc (fka FARE)

[EOT]

"somebody explain in simple terms why are we not dropping from the abysmal as predicted
Maybe later today ?"

lol. Look at where that prediction came from!! Lol

If you haven't noticed, anyone that wants to sell will get filled instantly.

What does that tell you about FARE!!!!

[Truth022809]

at this point I own 300k shares of the company and have been holding them for 3 years. They are so worthless to me at this point that I am holding onto them as well. As for why the company has not disappeared yet, I am not sure. right now I believe that the principals of the company own a large chunk of shares, as well as the creditors that torched them with some pretty horrible funding deals. Eventually, if they don't ever have any filings, or get to the end of this year and don't show any substantial sales, the company will be gone. They have no money to operate, so unless they were able to secure real purchase orders and convince someone to finance the orders, they wont be able to continue as an ongoing concern.