World Moto Inc Recap

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World Moto Inc

OTC:FARE - Apr. 25th 6:31am

World Moto Inc’s alternate profiles:
$ 0.0145 0.0005 (3.57%)

Shares of World Moto Inc – a $5.5 million market cap Auto Parts company – have risen 3.57 percent to $0.0145 as of 8:07 PM. With the current share price, World Moto Inc has a P/E Ratio of 0.00.

World Moto Inc was incorporated on March 24, 2008 in the State of Nevada. The Company is an operational stage company seeking to address the need for fare metering and m-commerce for motor scooters and motorcycle taxis. Its products include: Moto-Meter, which has the basic functions of a taximeter in an enclosed taxicab, but with additional characteristics that, over time, will permit mobile commerce, GPS tracking, advertising and other capabilities. It currently plans for two Moto-Meter models, one with an LED screen and the other an LCD monitor. Wheelies, an advertising product. Wheelies displays static and streaming media on the wheels of motorcycles and automobiles, providing a new mobile medium for advertising, broadcasting, self expression and publishing. Yes, its a personal retail and delivery service superimposed on a mobile delivery infrastructure. The customers of the Company first will be resellers, such as Lucky Distributors, Ltd., and franchisees, who will then on-sell the Moto-Meters to the moto-taxi owners, which may be individuals or fleet owners. The Company uses several channels to market its products including social media, direct sales and trade shows.

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World Moto Inc