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And I am guessing this is what one would consider HUGE and WAY UP! You don't have far to fall when jumping from the basement window. LOL
And if a 100000:1 R/S happens before an uptick.. you are making peanuts on the flip. I understand what your saying just think there may be better plays with a better upside
And how would an R/S help anything. Historically an R/S sounds the death knell. how would that incentivize buying
So the question is why would anyone at this point buy millions as is happening currently. This is puzzling unless one thinks this stock will increase.
I suppose the shorts could still make a 100th of a cent assuming they pull out before no bid occurs. Dicey gamble
Thx , however it is not what I am reading or hearing in the blog, it is what I am not seeing in due diligence for empirical data. I still haven't seen a PR, news blurb, 8f, CEO statement, fulfillment of promise for financing, or any other indication the owners are still backing this entity. While the pps is certainly very cheap is it even worth throwing good money after bad? Good luck to you
I am not being contrary, I really would like to know what positive there is and why one would stick with this. What makes anyone say this will be huge when even the owners don't appear to support their own product. I have seen nothing that would justify a ounce of hope for this.
Unless Mr. Rositano makes good on his statement of securing financing , this will happen. It is time for him to come clean and offer to his investors information regarding this issue. .. I f he reads this blog or even if he doesn't he must know he is on a sinking ship and his livelihood is in critical jeopardy. He will not be able to sell lemonade at a curbside road stand otherwise
So BR what is your take on recent developments. Rumored FDBL for sale for 50 K. Just wondering
Didn't get a chance to finish my thought, Stay away from Robert and Dean Rositano. I my opinion they are selling snake oil. Look at their history and you will find a pattern of failure all the while taking money from investors. I could be wrong, but don't think so
ican only hope that when people do their due dikigenx=ce on anything these guys do, they will come across post like this
Robert and Dean have been living the high life. I think they think they are fooling prospective buyers with a 'New Opportunity' However, a person can only fool others so long before others realize there is going on behind the curtain. That is Ihookup, hang with, FDBl and now Fan Pass. Beware all prospective buyers. This larcenous Duo will take your money, promise large returns, live like kings with your money, will fool investors into loaning money for cheap shares. I don[t know if what they do is illegal but it should be. This is a due diligence exercise and everyone going forward should realize who and what these brothers are about
WARNING. I hope this helps others in future should they read these posts. I know they will try doing this again. Warning.
Like buying deck chairs on the Titanic
Robert and Dean Rositano, if you read this silly blog, you have taken us, the investors for a ride. As recent as 2 weeks ago you promised shareholders 51% in a new entity: Fan Pass. Months , years ago you promised rollouts of innovative products endorsed by and to be used by celebrities. You promised exciting marketing by well known producers. You posted User numbers world wide ( probably specious numbers). You have dangled carrots in front of investors willing to give it a go. You have wasted millions of dollars , promised conversions for loan debt all to end up with a pathetic report yesterday. Yes you may have won your slices of the ever diminishing pie. Now as you embark upon starting a new equity, with the hopes of new venture investment capital coming from unsuspecting investors, do you really believe this will go unnoticed. Enjoy what financial benefits you and your family have now, I predict your gravy train, present and future iterations, will crash. No doubt the next few stops will be diminished PPS until you have no choice but to follow your past modus operendi and reverse split FDBL. Your continued silence is evidence your business acumen is non-existent but your larcenous behavior is spot on.
LOL Nope I still like the thrill, you never know there could be a surprise around the next corner. Good luck to all of us!
KngmAz, you must have on a very expensive pair of rose colored glasses. I was long only because I like the thrill ride, but I suspect the ride is coming to an end.
It is crazy to think this has any chance unless CEO wakes up
Well we have only a few more days to wait to see if a debt deal is done. It is the opinion of many here that may be in the next PR. It the hope for many that is true. I can't fathom why else CEO went thru trademark process if all along he had no intentions to succeed with no possible financial support. His goose is cooked if he once again reams the investing community. Unless they change their names they will be pariahs. Let's hope they have a plan. GLTA
I do think these are conversions. That being said CEO could do more to help this. Volume in and of itself does not show interest. In this case it is dumping. A business needs upside as well. If CEO does not do something he will have no choice but to go down path of reverse. there are only 3 hundredths of a penny left before zero. Yes there has been potential, yes there has been trademark success, yes there have been promises of rollout, but there has not been solid evidence of debt restructuring, or financial support. This appears to be another iteration of a Rositano ruse, structured to look legit but really is just a shell game. If FDBL does not recover soon, it will delist and we will lose investment. That is a truism. Why could this company not meet it's qtrly report requirement time and time again. It is indicative of failure or very poor mgt. Either way it is time for FDBL to stop this slide and prove it is still viable. If not Rositano ( bros.) should never try fooling the investment community again.
Si comprende. I was part of the "buy" crowd. The overall selling is considerably higher at a lower pps. Don't know how this will affect long range. I am holding on for the thrill ride. Hope I get it. GLTA Tx.
`forgive my Ignorance, that looks like a 22 M sell not buy. Am I wrong?
why ?
Well the start of another week, no news! and the same expected posts declaring FDBL will have a big week and others declaring FDBL will split or tank.
Wonder what CEO is doing? Is there any reason at this point to wait any longer to roll this baby out. C'mon it's time.
That wouldn't be Dennis Rodman / and Renshaw,, would it ?
No responses. I think the 51% ownership claim is wishful thinking.
Good question. Where did the 51% fdbl stockholder ownership claim come from. The sentence in the PR is above the article by-line not a part of the article. Apart from that there are no other references to this claim. Can anyone confirm this claim?
LOL good because there is a tremendous load on board that needs to be delivered.
Your mouth to god's ear. They need to weigh anchor or this ship will be left in port.
Name your source for this allegation
Volume has flat lined for a reason. Why do you think people are not snapping this up.
What shares, 1 share for every 1 Million, so you get 30 shares ( pick a number) meanwhile it will take time to make up for FDBL losses. I don't see this as positive IMO
Fan Pass , the new OTC entity , will have no positive impact on FDBL and in all likelihood cause it to fail as Rositano can now file chapter 11 for FDBL as he develops his new creation.
BR you have been an unwavering supporter for FDBL , but you have to see how this new development could dampen ongoing support for FDBL. Negotiated funding sources for the new Fan Pass subsidiary won't help FDBL debt. It will take another year for this new OTC entity to hit the market. Prediction: One year from now a new OTC entity will hit the market and new unknowing investors will buy into a new scam. meanwhile FDBL will continue to languish as there is no reason to invest in a dying company. It does appear to look like a scam. For the sake of those of us who held out hope for this company I hope I am wrong. GLTA
Unfortunately I concur unless some announcement is made regarding the nature of that dividend. If it were a share for share transfer option, or a 51% split or some fair distribution but as I see this now it appears FDBL CEO has developed another scheme to sell a new shiny object and long term FDBL holders will not recoup losses. Again why would anyone continue to have faith in FDBL increasing in value if the new application has no impact on bottom line for FDBL shareholders. How utterly disappointing this is
I believe FDBL has sunk it's own boat with this announcement. If Fan Pass will be the new entity to bet on, there is no reason for FDBL to be viable. If Fan Pass was a product of FDBL things would be different. What reason is there to invest in FDBL now. Dead!
I am not sure how FDBL will benefit as Fan Pass will be a separate equity. It is possible FDBL will die on the vine as energy is behind Fan Pass
Tx. I am assuming your last question was sarcasm or do you think this is a scam as well?
Again , will you please post your source(s) for this information. As a moderator for this board I would think integrity counts for something.
SEC agents don't raid private properties. Why are you stating thing as fact? Can you provide a source for your information?