Replies to post #31459 on World Moto Inc (fka FARE)

[EOT]

Will be in the financial report.

[Jeep_Guy]

#31123

[sewer182]

Here it is




World Moto, Inc.
Consolidated Statements of Operations and Comprehensive Loss
(Unaudited)


For the three months ended


March 31,


2016 $0

2015 $0


Revenues
$0 - $0 -

Operating expenses:

Research and development
54,159 102,825
General and administrative
90,712 99,249
Total operating expenses
144,871 202,074

Loss from operations
144,871 202,074

Other income/expense:

Interest expense
285,857 323,170
Other income
(5,900 ) -
Change in fair value of derivative liabilities
(140,034 ) 352,807
Loss on settlement of debt
9,770 (70 )
Total other expense
149,693 675,907

Net loss
$ (294,564 ) $ (877,981 )

Other comprehensive income (loss):

Foreign currency translations
(261 ) (449 )

Total comprehensive loss
$ (294,825 ) $ (878,430 )

Net loss per common share - basic and diluted
$ (0.00 ) $ (0.00 )

Weighted average number of common shares outstanding – basic and diluted
1,147,960,137 415,699,254

The accompanying notes are an integral part of these unaudited financial statements.