Replies to post #33428 on World Moto Inc. (fka FARE)

[Sujitta]

simple math, go back to the begining of 2016 and calculate the amount of money they raised and then start adding up the shares that were traded from the end of June to now.

then take the average price during that time and divide it by 50%

This is a back of the napkin calculation as to how much stock has been issued to the note holders. Now compare that number to how many shares have traded and you will have a comparison as to how many shares have been issues and how many shares have been traded.

These numbers do NOT include recent fundings into the company since the last reported one.

They need over $200k a year just to pay themselves so it is obvious they are still raising money and diluting shareholders.