LOS ANGELES – February 28, 2018 – YayYo, Inc today announces It has launched its Ambassador referral program for its previously announced subsidiary, RideShare Car Rentals, LLC.
The Ambassador program is designed for driver to be able to earn their car for free and then for them to earn additional income by referring other drivers. The Ambassador program not only pays drivers for all their referrals but also pays them on referral of drivers that are referred by the drivers they bring in.
Information on the Ambassador program can be found at https://www.ridesharerental.com/ambassador
The www.RideSharerental.com platform is also a peer-to-peer platform where individuals and fleet owners can list their cars to rent to rideshare drivers.
“We see the Ambassador program as a way for drivers to earn additional income as rates go down for the rides they make as rideshare drivers. ” said Ramy El-Batrawi, CEO. “The benefits to the company are huge. It not only gives us a powerful word of mouth marketing program, but it also keeps drivers in their cars longer. ”
Those interested in renting cars can go to www.RideShareRental.com
The Company was also qualified on March 17th, 2017 by the Securities and Exchange Commission for a Regulation A+ Initial Public Offering to raise gross proceeds of $50 million. Interested investors can purchase shares directly at www.YayYoIpo.com.
YayYo, Inc., also recently announced that the Company has filed an application to list its common stock on the NASDAQ Capital Market..
This release contains certain statements that are, or may be deemed to be, forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934, and are made in reliance upon the protections provided by such Acts for forward-looking statements. We have identified forward-looking statements by using words such as “expect,” “believe,” and “should.” Although we believe our expectations are reasonable, our operations involve a number of risks and uncertainties that are beyond our control, and these statements may turn out not to be true. Risk factors associated with our business, including some of the facts set forth herein, are detailed in the Company’s Form SEC filings.