EVmo Inc (OTCMKTS:YAYO) formerly known as RideShare Rental Inc new CEO Stephen Sanchez and former CEO Ramy El-Batrawi tell Proactive RideShare Rental has changed its name to EVmo Inc (Electric Vehicle Mobility), to better reflect the company's embodiment of focusing more on electric vehicles.
Whats more, Acuitas Group Holdings has officially become the company's largest and controlling shareholder, where El-Batrawi has now sold 6,000,000 of his shares of EVmo common stock to Acuitas. Sanchez says the group's goal now is to up-list to the Nasdaq in the next 6-8 weeks.