Replies to post #36703 on World Moto Inc. (fka FARE)

[Sujitta]

it's so embarrassing.....

[Jeep_Guy]

From the 2016 10K -

'We anticipate that the first licensees will begin commercial operations of HailYes in the first half of 2017.' How did that work out? The app does not work. This statement was a lie.

From the 2015 10K -

'The Moto-Meter has entered the production phase, and we began filling orders in October 2015. We have currently sold our inventory of Moto-Meters and are waiting on further funding in order to begin the next production run of the Moto-Meter.' They sold no meters. They also raised $320,000 in 2016. What happened to the next production run? It never happened. This was a lie.

From the 2015 10K -

'During the second half of 2015, we transitioned from a company of development into a company of production and sales. Over the next twelve months, we intend to make a concerted effort to promote the Moto-Meter™ and HailYes™ app in high value markets throughout the world. We intend to advance our sales strategies by streamlining our operations and directing the majority of our resources to increased marketing and sales.' That was two years ago. Not only did no sales ever occur, they completely shut down all social media accounts.

From the 2013 10K -

'Once we begin the manufacturing phase of our initial inventory, we will roll out at the same time our preliminary advertising and viral cognizance program to begin to generate awareness of our products. During this manufacturing phase, if not before, we will solidify our market channels, including any bricks and mortar outlets and any resellers. Distribution is planned first for Thailand, and then Brazil, India and Nigeria. Therefore, we believe that we will begin to generate initial sales revenues in approximately the second half of 2014.' How did that work out? None of this ever came true it was all a lie.

So please tell us all again about the staff they are hiring and training? Or the products they are building? You think that's all true because they said it on their filings?

They say whatever it takes to get people like you to keep buying.

[Jeep_Guy]

Still waiting for an example of another company that pretended to go out of business as part of their business strategy.