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Wednesday, June 29, 2022

Stock Insights on Net Profits Ten Inc (OTCBB: FARE)

Net Profits Ten Inc (OTCBB: FARE) has been moving in a series of crests and troughs since the start of the year, trading around $ 0.07 per share, but the stock did saw a major bullish rally in the month of December ,2013 when its touched its high of $0.12 at a trading volume of around $3.40m..

The share price saw it’s highest of $0.12 while its lowest was $0.02 in last one year. The stock maintains normal liquidity with average volume of 3 million shares per day.

Net Profits Ten Inc (OTCBB: FARE) isn’t touted by paid promoters at this time, had been moving apparently on its own in all these months, and the company hasn’t filed any significant new document, the factors which can fuel a positive price movement are few. One such possible factor is the press release issued by FARE on Monday after the close.

To find out what OTCMAGIC projects for Net Profits Ten Inc (OTCBB: FARE) for both short term and long term please click here; FARE

The company tried to brag about another interview, supposedly conducted by a Chinese financial network, and supposedly to be broadcast next month. which could lead to a positive share price movement.

Net Profits Ten Inc (OTCBB: FARE) designs, develops, manufactures, and markets the Moto-Meter products that provide moto-taxi fare metering and other communication capabilities primarily in Thailand. The company also focuses on the development of Wheelies, an advertising product that displays static and streaming media on the wheels of motorcycles and automobiles. It sells its products through social media, direct sales, and trade shows. World Moto, Inc. is based in Pathumthani, Thailand.

Net Profits Ten Inc (OTCBB: FARE) is pleased to announce that it has released a new Yes™ video highlighting the speed and simplicity of virtual shopping for consumable items from local convenience stores.

To find out what OTCMAGIC projects for Net Profits Ten Inc (OTCBB: FARE) for both short term and long term please click here; FARE

A recent TechCrunch article noted that m-commerce services, such as Yes™, represent the most important wave of retail innovation since consumer brands first began selling goods and services online 20 years ago. The article goes on to predict that mobile-enabled commerce will create multiple billion-dollar companies and the world’s next “super unicorn” or $100B+ company.

Paul Giles, CEO of World Moto, commented, “Increasing competition in the e-commerce space has driven success in this marketplace to the final front — last mile delivery. With advantages on price and assortment having reached the point of diminishing returns, the new online battle is being fought over the efficiency of getting a product to the consumer as quickly as possible and at the lowest possible cost. Delivery within 15 minutes places Yes™ first in the world and we intend to be one of these companies.”

Net Profits Ten Inc (OTCBB: FARE) Fundamentally FARE is a typical development stage company with $179 million cash and total assets of $421 million. The company has total liabilities of $62 million resulting in positive equity. FARE trading in red yet continues to trade in impressive volumes, however does not seem to be moving anywhere close to its earlier position in the near future.

To find out what OTCMAGIC projects for Net Profits Ten Inc (OTCBB: FARE) for both short term and long term please click here; FARE

 

 

 

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