Business
2050 Motors, Inc. Successfully Completes Marketing Sales Campaign for Its All Carbon Fiber Electric Auto
2050 Motors, Inc. Successfully Completes Marketing Sales Campaign for Its All Carbon Fiber Electric Auto.

About this update from Fomo Worldwide, Inc.
[{"type":"text","content":"\n2050 Motors, Inc. Successfully Completes Marketing Sales Campaign for Its All Carbon Fiber Electric Auto \n\n2050 Motors, Inc. Successfully Completes Marketing Sales Campaign for Its All Carbon Fiber Electric Auto\n\n\n LAS VEGAS, NV--(Marketwired - April 04, 2016) - Today Michael Hu, President of 2050 Motors, Inc. (OTCQB: ETFM), announced the successful completion of the marketing program of its all carbon fiber electric vehicle called the e-Go. The test program required prospective customers to place a $1000 deposit check to hold an early delivery position to purchase the ultra-lightweight carbon fiber electric vehicle. The marketing was only available for a two-week period ending March 31, 2016. The target test area was limited to Las Vegas and the surrounding areas where only a limited amount of advertising was done. As previously announced the first 25 vehicles received deposits in the first hour of the sales program. The program included many free options for these initial customers. Please see http://www.2050motors.com/pre-order/pre-order-form.html for details.Mr. Hu stated, \"The Company is proud to announce that in order to reward these initial buyers, 2050 Motors will not deposit any of the $1000 escrow checks and that all these checks will be returned to the customers. However, all participants will receive all the free options offered in this program and will retain their ordering position for the future delivery of the e-Go electrics.\" Michael Hu continued, \"If the results of this marketing study are extrapolated to just an area across the southern portion of the United States, 2050 Motors would have had enough deposits to sell almost all of its first year projected production for the e-Go (in just a two week period). Of course, extrapolation forecasts are not always predictable, but then this marketing test program was only conducted for two weeks with limited advertising in only one city: Las Vegas.\"Marketing data and customer participation in a regional pre-order launch program (such as the one 2050 Motors embarked upon) is a very valuable tool which other companies can use to evaluate their future marketing strategy. Therefore, 2050 Motors will not release the final results of this initial regional offer since we will be using this data to format our much larger nationwide campaign to sell our carbon fiber ...