v3.7.0.1

Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Statement of Operations [Abstract]
Revenues
Operating expenses
Research and development		29,236		83,395
General and administrative	48,390	68,261	55,442	158,973
Total operating expense	48,390	97,497	55,442	242,368
Loss from operations	(48,390)	(97,497)	(55,442)	(242,368)
Other income (expense):
Interest expense	(150,461)	(141,069)	(437,303)	(426,926)
Interest income		354		6,254
Change in fair value of derivative liabilities	(835,292)	(537,098)	(1,257,739)	(397,064)
Loss on debt settlement		(13,921)		(23,691)
Total other income (expense)	(985,753)	(691,734)	(1,695,042)	(841,427)
Net loss	(1,034,143)	(789,231)	(1,750,484)	(1,083,795)
Other comprehensive income (loss):
Foreign currency translations	92,025	(51)	41,126	(312)
Comprehensive loss	$ (942,118)	$ (789,282)	$ (1,709,358)	$ (1,084,107)
Net loss per common share - basic and diluted	$ (0.00)	$ (0.00)	$ (0.00)	$ (0.00)
Weighted average common shares outstanding - basic and diluted	1,490,145,045	459,543,354	1,490,145,045	437,598,000

Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=84228862&loc=d3e557-108580

World Moto, Inc. 10-Q