Friendable Inc (FDBL)

[sweet crude]

The toxic notes have been locked up (read)

"Well, on June 9, 2015, HKUP effected a major consolidation of its convertible debt on June 5, 2015, with Coventry Enterprises, LLC becoming the major note holder of the Company. Coventry entered into Debt Purchase Agreements totaling $240,818 with the Company’s other convertible note promissory holders, thus placing a large overhang of potential converting notes into friendlier hands.

This is a major development as this now gives HKUP room to run without fear of constant selling of new shares from note conversions from group of toxic funders."

http://www.wallstreetnewscast.com/profile/hkup.html

They have taken those notes out of the hands of toxic dumpers like Asher and Beaufort, and placed them with friendly hands. Just based on price and volume i dont really see any dumping or dilution here.