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Wednesday, August 23, 2017 11:53:48 AM
"Financing activities for the year ended December 31, 2016 generated cash of $3,496,442 as compared to generating $1,331,170 of cash for the year ended December 31, 2015. This increase in cash provided from financing activities is mostly attributed to the Company and its current lenders desire to fund certain transactions related to the Company’s celebrity marketing activities, general awareness and strategic investment in Hang With, Inc."
"As of December 31, 2016 Hang With had not delivered any of the preferred or common shares to the Company. During the year ended December 31, 2016, the Company had paid Hang With $575,000 which has been written off as a loss on investment. During the six months ended June 30, 2017, the Company had paid Hang With $175,000 in connection to the fourth Closing which has been written off as a loss on investment." more below
so now we move on to the fdbl recent pr.where did it say we received any technology or the incompleted fan pass live app from hang with?"
"Friendable intends to immediately dividend shares to all Friendable stock holders of record and prepare a registration statement for Fan Pass, Inc. to commence trading on the OTC exchange in the coming months. Additionally, the Company is taking delivery and full ownership of the existing technology and work product completed to date. Following this delivery, the Fan Pass application development will proceed forward utilizing Friendable's resources, rather than those of our previous partner."
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