Friendable Inc (FDBL)

[crazyjogger925]

here is the reality for those who really wish to see the LIGHT.through dec 31,2016 per the 10-k the a/s jumped up to 10 billion obviously to pay for many of the converter notes issued for cash received in 2016-convertible in 2017 NOW.as per the recently released 10-q thru march 31,2017 $628,000 cash was raised and i generously denote another billion shares added to pay for this amount..so far if all follow 11 billion shares should be accounted for.


"Our cash provided by financing activities of $628,060 for the three month period ended March 31, 2017 and $433,250 for the three month period ended March 31, 2016 consisted of the issuance of convertible debentures. "


per 10-q

Common stock, 10,000,000,000 shares authorized at par value of $0.0001, 1,557,092,583 (December 31, 2016 – 1,068,031,823) shares issued and outstanding (Note 4)


As of December 31, 2016, our articles of incorporation authorize the issuance of up to 10,000,000,000 shares of common stock with a par value of $0.0001 per share. Our board of directors may choose to issue some or all of such shares to acquire one or more companies or properties and to fund our overhead and general operating requirements. The issuance of any such shares will reduce the book value per share and may contribute to a reduction in the market price of the outstanding shares of our common stock. If we issue any such additional shares, such issuance will reduce the proportionate ownership and voting power of all current shareholders. Further, such issuance may result in a change of control of our corporation.

so per the 10q the a/s jumps from 10billion a/s to 20 billion a/s potentially dilutive shares but if you follow me in reality only about 11 billion shares have been accounted for meaning the approx extra billion to cover the $628,000 thousand raised thru march 31.

therefore there could be as much as 9 billion shares that have been not accounted for.imo a potential hugh wild card for fdbl?imo