Friendable Inc (FDBL)

[rut2k9]

Very simple and sad that some are making hings to be complicated and trying to investigate what's going rather than simply looking at the facts and inserting company names to legitimize what they are doing.

And they are about to do it again.

1. Spin off Fan Pass, at a higher price (via a massive reverse split)
2. Ignore FDBL. It's at zero anyway
3. News on Fan Pass. More news on Fan Pass. Fan Pass Fan Pass Fan Pass.
4. Toxic loans to Fan Pass. Price drops like an anvil.
5. Meanwhile, FDBL is discontinued, or they just go dark, or they "reorganize" or something. Doesn't matter. You aren't watching. But the app remains, and whatever paltry sum they generate from it the brothers keep, and shareholders get nothing.
6. When Fan Pass fails, they'll do it again.