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RideShare Rental, Inc., formerly YayYo, Inc., announces $2 million extension of ACME Auto Leasing LLC line of credit


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RideShare Rental, Inc., formerly YayYo, Inc., announces $2 million extension of ACME Auto Leasing LLC line of credit
BEVERLY HILLS, Calif., Jan. 21, 2021 RideShare Rental, Inc., formerly YayYo, Inc. (“RSR” or the “Company”) (
Other OTC:YAYO), a leading provider of vehicles to the rideshare and delivery gig economy industry, acting through its wholly-owned subsidiary, Rideshare Car Rentals, LLC, today announced that ACME Auto Leasing LLC has increased their line of credit to the Company by $2 million.
The extension will be used to fund additional passenger vehicles for the rideshare industry, including the purchase of transit high top cargo vans for last -mile logistics. The bulk of the funds will be allocated towards the purchase of electric vehicles (EV) to launch RSR’s EV strategy for the rideshare space. ....

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