Morning Commentary & Reports For: (OTCQB: FARE), (OTCQB: ONVO)

New York, NY -- (ReleaseWire) -- 01/16/2013 --World Moto, Inc. (OTCQB: FARE) f.k.a. Net Profits Ten Inc. went down 9.15 % to $0.0745 on a traded volume of 24.50 million shares versus the average volume of 26.65 million shares. In the last one year, the stock went down more than 46%. The 52-week range for the stock is $0.03 and $2.50.The stock opened at $0.09.

On Friday, FARE filed an 8-K concerning a share purchase agreement with an undisclosed investor who bought about 3.7 million shares for $1 million. According to the filing the deal had been closed last Tuesday, but for some reason the company didn't make any announcement.

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Organovo Holdings Inc (OTCQB: ONVO), a creator and manufacturer of functional, three-dimensional human tissues for medical research and therapeutic applications, is working together with researchers at Autodesk, Inc., the leader in cloud-based design and engineering software, to create the first 3D design software for bioprinting.

The increased trading volume for Organovo Holdings, Inc. has continued into the beginning of 2013 as investors recognize the potential for both strong short and long term growth.

Organovo Holdings, Inc. (ONVO), formerly Real Estate Restoration & Rental, Inc., is a development-stage company. In 2012 MIT’s Technology Review added Organovo Holdings, Inc in its list of most innovative companies of the year.

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