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Friendable Inc. (OTC Pink: FDBL), Acquires Hang With, Inc. Technology – Mark Zuckerberg is Obsessed with this Tech
Date : 11/07/2016 @ 7:46AM
Source : InvestorsHub NewsWire
Stock : Friendable, Inc. (PC) (FDBL)
Quote : 0.0033 0.0 (0.00%) @ 7:54AM
Friendable Inc. (OTC Pink: FDBL), Acquires Hang With, Inc. Technology – Mark Zuckerberg is Obsessed with this Tech
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Friendable Inc. (OTC Pink: FDBL), Acquires Hang With, Inc. Technology Mark Zuckerberg is Obsessed with this Tech

Miami, FL -- November 7, 2016 -- InvestorsHub NewsWire -- EmergingGrowth.com, a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies, reports on Friendable, Inc. (OTC Pink: FDBL)

Could this be what pushes Friendable, Inc. (OTC Pink: FDBL) over the top?

Could they be the next social media takeover candidate?

FDBL may not be at these levels much longer.

See the Full Press Release and other stories on Friendable at EmergingGrowth.com

http://emerginggrowth.com/?s=FDBL

Friendable, Inc. (OTC Pink: FDBL), Approximately two weeks ago, announced that it has received an investment commitment in the amount of $1.615 million and in connection with, completed the acquisition of live streaming video technology, from Hang With, Inc.

Also included in the transaction is a royalty free, perpetual license to integrate and utilize the technology with the Friendable app, from Hang With, Inc.

In order to best communicate what Friendable, Inc. (OTC Pink: FDBL) believes is a game changing app release with the investment community, Friendable, Inc. retained Hayden IR.

Brett Maas, Managing Partner of Hayden IR, added, Friendable is an exciting technology story on the cusp of significant growth with its unique social media app set to launch in the coming months.

Facebooks Mark Zuckerberg has stated that he is obsessed with live streaming.

Twitter (NASDAQ: TWTR), and Facebook (NASDAQ: FB) have recently jumped on the live video bandwagon, and with contracts to stream live NFL games, Bloomberg TV, and the Democratic and Republic conventions one could say they are thriving.

Friendable CEO, Robert A Rositano Jr. stated We believe the Hang W/ technology will create a differentiated offering for our brand in the live video streaming marketplace and allow the Company to capitalize on our many relationships in various celebrity circles.

Twitter, Inc. quietly purchased Periscope for just under $100 million in early 2015.

As of August 12, 2015, Periscope had only 10 million users and 2 million daily active users.

Can a small company like Friendable, Inc. (OTC Pink: FDBL) break into the space and further, become an acquisition target? Some might say no, but they probably forgot that Friendable also gained access to 8 million users who have signed up to utilize Hang W/s live streaming video technology as part of its investment commitment and Hang With, Inc. technology acquisition approximately two weeks ago.

Additional details to come.

Could this be what pushes Friendable, Inc. (OTC Pink: FDBL) over the top?

Could they be the next social media takeover candidate?