Friendable Inc (FDBL)

[pennypuptech]

TFER - They sure did take on a lot these last months... however none are due until next year. It's convenient how they started taking a ton of these as the survey was completed... More information is needed, however there is more than meets the eye here.

Company sold to Asher a $27,500 face value 8% Convertible Note with a term to March 20, 2014

Company sold to Hanover a $76,500 face value, 12% Convertible Promissory Note with a term to September 18, 2014.

On November 4, 2013 the Company entered into a securities purchase agreement (the “LG SPA”) with LG Capital Funding LLC (“LG”), pursuant to which the Company will sell one-year, 6% Convertible Redeemable Notes to LG ( the “LG Notes”) and may receive tranches of financing of up to $50,000 in the aggregate. LG has funded $15,000 at closing on November 12, 2013, (the “Initial Funding”). The Company can request additional tranches of financing (up to $50,000 in the aggregate) from LG within 90 days of the Initial Funding. The term of each funding under the LG Notes is one year,

8% Convertible Redeemable Promissory Note to LG, in the amount of $20,000, with a term to November 4, 2014

the first GEL Note will be no later than July 3, 2014, and second is no later than September 3, 2014,

8% Convertible Redeemable Promissory Note to GEL, in the amount of $20,000, with a term to November 4, 2014