World Moto, Inc. (OTC:FARE) f.k.a. Net Profits Ten Inc Creeps Up

World Moto, Inc. (OTC:FARE) f.k.a. Net Profits Ten Inc is the current Awesome Penny Stocks (APS) pump job. Despite the lack of any significant achievement, yesterday it closed in the green.

FARE closed up 8.19% at $0.189 on 21 million shares traded. After the close the company issued another fluff press release.

This time FARE announced the “unveiling” of a new service called “Yes”. In theory for something to be unveiled it should have been under a veil before that. That’s hardly the case. A video which looks like a commercial for the service has been available since the whole pump job started in December.

Additionally, as usual the press release is vague especially when it comes to how, when or if this will actually affect the business of FARE; a business which has gone nowhere so far.

APS is also doing its part. In one of their latest emails the pumpers say that “a new all time high was reached during market hours, and this usually indicates the start of more green days ahead!”

Traders are free to decide whether there is any value in that statement. It certainly wasn’t the case with Superior Venture Corp (OTC:SVEN), the previous APS pump job.

There is a chance FARE could continue to run for some time. There may even be some chance for traders to make some money. The problem is there’s no telling when the pump will end and FARE will crash.