Friendable Inc (FDBL)

[SamTheTrader]

Yup.. When Big Money is ready we will move up Nicely,, Be Ready locosufer IMO

[locosurfer]

Yup see that. $FDBL

[SamTheTrader]

9s being bought up now

[SamTheTrader]

Waiting to see how far they are going to push it down

[SamTheTrader]

Nice Add at 9

Added 9!

[Penny2Dime]

Added 9!

[locosurfer]

Absolutely agree Sam. The volume over the last few weeks has been crazy for $FDBL. Of course we have seen dilution as indicated by the volume over those same last few weeks. Its the OTC . What I do like is this volume keeps getting bought up at at what seems to be a set price. Something up and we shall findout soon imo.

[SamTheTrader]

GM LS ,,Nice ,,definitely agree heavy accumulation going on here.. What every way you look at it dilution,, convertible note .. Someone is buying Heavy

G'morning Sam. Had a great weekend and looking forward to a great week with $FDBL. Stock still being accumulated in this price range imo./quote]

[locosurfer]

G'morning Sam. Had a great weekend and looking forward to a great week with $FDBL. Stock still being accumulated in this price range imo.

[SamTheTrader]

Gm all

[Itsjustmymoney]

If you see market maker PAUL on the ASK.... you know there's dilution and stock price manipulation is occurring. Do NOT touch stocks where PAUL is diluting and manipulating prices. You will get burned. IMO/others opinions.

[Rattlershehe]

You did not Warn anyone, FDBL puts this statement in all their Q reports.

Management plans to continue to raise financing through equity sales and the issuance of convertible notes, and to continue to expand its revenue from its FanPass app, and seek the acquisition of compatible businesses that will be beneficial to the Company. No assurance can be given that any such additional financing will be available, or that it can be obtained on terms acceptable to the Company and its stockholders.

There are real Traders, Flippers like me trying to help newbies like you. That is what this board is for. All you have to do is study the q reports, it's all in there.

I do believe FDBL will do a RS after 10billion AS shares. It will be FDBL's last RS, FDBL by then will have enough capital and earnings to rule the schoolyard. Now up to then, you need to hold, flip FDBL Properly. always remember if you know what the company is going to do then you can trade it and flip it properly, just trying to help

[Brickwall10]

Lmao over 600 million added. Warned you all

[downdraft]

Exactly. Since FDBL acquired Artist Republik, that may have triggered the terms of the deal in the employment agreement.

The problem being is that for every $100,000 the company raises via the preferred shares, those can convert at $0.0005 at some point, as long as the stock price stays down hear at $0.001, which is 200 million more shares for the OS.

I don't think it was intended to be so bad as the stock price was around 2 cents when the capital raise started a year ago. Back then, $100,000 would have only added 10 million shares to the OS at a conversion rate of 1 cent (half of the 2 cent stock price back then).

So who knows what's really going on. I still have some shares in case they make a break-out run. And if the stock drifts lower on dilution, I'll add more shares, as I like the idea of a potential buyout.

[Catchthedip]

The most recent news says they surpassed 111,000

[SamTheTrader]

Agreed

$FDBL building solid base in this price range for move up imo.

[locosurfer]

$FDBL building solid base in this price range for move up imo.

[SamTheTrader]

loading again at .001

[downdraft]

And I still can't see from the 10-Q where they're going to get the cash that looks like will be owed to the three 3 key employees, when Fan Pass Live surpasses 100,000 subscribers, which may have been the case when FDBL acquired Artist Republik.

For those that haven't seen the employment agreement from the 2019 PRER14C filing, it's worth a look. Could be in excess of $150,000 that the company has to come up with for bonuses... from somewhere.

This speculation assumes that the 100,000 subscriber level was met because of the acquisition. That may or may not be the case.

[locosurfer]

G'morning $FDBL.

[frugallife]

IF dIVINE CAN EAT DOG SHIT. THIS DOG SHIT CAN BOUNCE AGAIN 4 TIMES 40 % FLIP THIS TURD

[GeorgeTheStub]

Sure looks like it, and also looks like they hired some message board posters here and there around the boards to help them. Obviously they are desperate to dump the remaining shares before having to publish the real share structure.

[momotrader]

Thanks for the detailed response

Its always confusing how/when these small companies manage their conversions - its shady. All i know is looking at the chart in March, the volume exploded from March 14 til now and even still has held the March 15 lows through all of this dilution. I can make the assumption that they needed to accelerate the conversions into the end of the quarter .. either for the reasons you posted about April 3 or just to get the books ready for something larger.

I think next week will be very interesting .. especially if PAUL can lift.

GL.

[Itsjustmymoney]

Holy Sh*% what did FDBL dilute all the remaining Authorized Shares in the past two weeks? No wonder they are filing Q late. Looking for the .000s to stick soon IMO.

[downdraft]

Oh no, glad you asked. Maybe it's not for another 2 months.

From the 253G2 filing on 05/03/2021, "The preferred offering will terminate on twelve months from the day the offering was Qualified, subject to an extension for up to 30 days....."

And from the 253G2 on 03/21/2022, the company extended the offering for an additional 30 days. From this filing, the company amended the designation of the the series D Preferred Stock on March 3, 2022, so I jumped to the conclusion that must mean April 3rd, 2022.

However, in the first filing, I never saw a date that represented the "Qualified" date, so it's a little vague from the get go.

And of course on March 3, 2022, they did raise the AS to 3 billion shares, likely to accommodate the continued capital raise. You can see that in the March 22, 2022 8-k filing.

At the outset of the the Capital raise, it didn't look to bad for the conversion rate as the stock was trading around 2 cents, with the conversion rate being half of that. But any preferred shares that are converting now should be converting at $0.0005 per share.

Still, even though I know they are diluting (I've seen 10 and 20 million blocks of 5 and 6 digit trades going through this week), I was still trying to buy $0.001's all day, and only got 150k shares.

This play is very strange to me. The filings wreak of dilution to me, though preferred share conversions are far better than toxic loan dilution. And I like the story a lot, as well as their key investors.

My gamble is that a big record label or some other big party might want to buy them out as FDBL seems to be getting first dibs on a lot of new musicians to the scene.

I'm basically expecting the OS to balloon in April, but there seems to be plenty of buyers who are buying it up anyway. If they get a buyout offer, this thing could run like a mofo, which means I don't have to have a lot invested in order to make some decent money!

I can't come to any solid conclusions on this play so it's one of my lotto plays; risking only what I can afford to lose!

[momotrader]

Downdraft? Capital raise ending?

Where do you see that the capital raise ends tomorrow? Just wanted clarity on this. Seeing PAUL off the ask would be massive.

TIA.

[downdraft]

Capital raise ends tomorrow (actually April 3 unless they extend it again). Should make for an interesting week next week. There's clearly dilution going on yet I still can't get shares at $0.001. It wouldn't be the first time I saw large OS plays run like a beast. Only time will tell if this one can. I gotta have at least some shares because I hate missing big runs if they happen.

[SamTheTrader]

Agreed

$FDBL buyers keep buying this ticker up at this price. I keep saying that buying is not happening from inside the HUB like many other OTC tickers. Look at all that volume that has been pouring in and next to no posts here or anywhere in the HUB. Who is picking all of this up? Where are all the posters for this sort of volume everyday? Gloves are grabbing it and I will wait to see how this turns out.

[locosurfer]

$FDBL buyers keep buying this ticker up at this price. I keep saying that buying is not happening from inside the HUB like many other OTC tickers. Look at all that volume that has been pouring in and next to no posts here or anywhere in the HUB. Who is picking all of this up? Where are all the posters for this sort of volume everyday? Gloves are grabbing it and I will wait to see how this turns out.

I think they let this run next time ..Just my Opinion

[SamTheTrader]

low volume takedown here today

[SamTheTrader]

I think they let this run next time ..Just my Opinion

[locosurfer]

G'morning $FDBL. Once again volume started early. Buying continues despite the selling . Heavy accumulation at this price range.

[Shift-4]

Oh yeah, I'm brimming with positive sentiment about the past 3 days. There's nothing as exciting as losing >50% value in massive blocks of endless dumpage.

-$

[frugallife]

I WILL TAKE 1'S AND WAIT ON THOSE TO BE PUMP AGAIN. tHANK YOU.

[SamTheTrader]

Yup.. I Agree 100 percent !!,, Im giving it a little longer before i move on

That’s what most traders plan on doing Sam. But when they invest in diluting scans like this. That’s tough to achieve

[Brickwall10]

That’s what most traders plan on doing Sam. But when they invest in diluting scans like this. That’s tough to achieve

[SamTheTrader]

Agreed .. Definitely holding here for higher pps

[SamTheTrader]

Gm Everyone ///lets see what today brings

[kevhead]

Insane volume lately...FDBL$$

[MondoBongo]

loco brother....it’s a no brainier when you have high volume pushing off the bottom like with $FDBL....getting closer and closer on this ticker....its setting up for a big run....

"The Boys Are Back"

[locosurfer]

Volume Volume Volume. Things going to change and up we go imo. Reason why shares being absorbed like they are. $FDBL

[locosurfer]

Yup Sam, big buys yesterday and likewise stock continues to be picked up on the bid. Crazy how buyers keep stepping in and sucking up $FDBL stock.

[locosurfer]

$FDBL great volume. Its going to pop imo. That buying in this price range is solid. Not being picked up for no reason, something going on imo.

[LionCub1]

Things were looking really good until PAUL showed up, then it disappeared and then we get the big dump at .0011.

Hope a 10K gets released tomorrow, since it's due, to bring some volume in here. Last year, they filed a NT-10K for lateness.

[SamTheTrader]

Ask being bought up here now

[SamTheTrader]

They will let this one go soon IMO

[downdraft]

This sucker should be running hard today, with yesterday's nice news. All those sell orders the past 2 days certainly doesn't help. Still tempted here but I think I'll wait until they after they post the new OS until I make my next move.

[SamTheTrader]

I was expecting to see 2s today...Holding my shares here for now

[SamTheTrader]

I watched 10 and 20 Million buys go through yesterday at 14

[SamTheTrader]

Very late start for me today