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that is a true statement. I called the Investors Relations number listed on the website (friendable.com) and a guy picked up. He mentioned he is not doing business with FDBL anymore. I called the reception at Friendable and it went to CEO's voicemail. I left a voicemail telling him my concerns about the stock going down.
Not sure why you are scaring people. The note is convertible ONLY if Friendable defaults on 8% interest payment.
21 MILLION trades in the first one hour - another 100 MILLION day today
Or more.
Every word of your post made sense.
There is difference between getting some air time vs being seriously trying to make a difference.
If you see there were other brands like Beluga Vodka which were shown in the video. However in the case of Friendable, it was shown for 3 seconds in full focus AND it was shown that JLo was a member and ready to be friendable. JLo wouldn't endorse that kind of insert just like that where her name and brand gets associated with a penny stock company. I see this as her realizing the value and endorsing Friendable.
Do you see the difference now?
Friendable app is shown in FULL FOCUS FOR 3 SECONDS in J Lo video
AMAZING. There were other brands shown in the video. But Friendable is featured more prominently. It is featured in full focus for 3 seconds.
AND THEY SHOWED JLO to be a member of Friendable. WOW!!
Music video shows JLo to be a member of Friendable. This is AMAZING strategy. Not just get eyes in the video but hardcore followers of JLo can follow her in Friendable. What an AMAZING idea, who ever thought about it!
A convertible bond can only result in dilution if Friendable defaults on the bond. With the way things are going I don't see this happening. So stay putt.
Celebrity Friendable Meets. This is the next big thing. The use cases are endless. Celebrity events can have pre or post event social meetup which can be hosted through Friendable.
Friendable Windows Universal App would help accelerate adoption.
This checks the box for desktop. Right now we don't have an app for desktop users.
Remember how Netflix exploded? They made their app available on every device in this universe...
Silicon Valley venture firms are investing heavily in social apps.
Spread the word and get their attention. All we need is a token investment to improve the brand recognition. They don't need the money. They are well funded.
And they have integrated Facebook API in the app which is HUGE. We have the opportunity to convert all 1.6 BILLION users to become Friendable users.
Stop misleading people!
How will the OS go higher? There is NO DILUTION coming.
Target of 4 mil users by 2016 - this means $0.35 per share or higher - here is how:
by end of 2016:
***
targeted registered users = 4 mil
per user valuation = $25
fair market valuation = $100 mil
outstanding shares = 293.4 mil
***
fair market price = 100 mil / 293.4 = $0.35 per share
This is the least value it can have without any multiple. All publicly traded companies have multiples of 10 - 20 X. You do the math with the multiple. It could be anywhere between $1 - $3.
This is not a scam. Just have faith in their management. FDBL is not a scam. They are publicly traded company for a reason. Be a part of their success!
0.085 PER SHARE is the FAIR MARKET value of FDBL - here is how
Outstanding shares = 293.4 M
Registered users = 1M (close to)
Each user is valued at - 25$ as per the prospectus - lookup online on their website
Fair MKT valuation = Registered users * per user valuation = 1M * 25 = 25 M
Fair FDBL share price = Fair MKT valuation / Outstanding shares = 25 M / 293.4 M = 0.085
SO FAIR MARKET PRICE IS 0.085 PER SHARE
yes confirmed. Someone bought 12million shares after session close.
Yes they do indirectly. App downloads result in more registered users and users using the friendable app.
They have a great revenue model. Involves in app purchases, advertising/comm using location based retailers/restaurants/shops etc.
Their CEO is great. He founded the first internet IPO in 1993. All pointing to a making of a great company
what do you mean no news? They had crossed 1million downloads and have 800k registered users. Thats a big milestone.
To put this into perspective, in contrast OkCupid was bought out by Match.com when they had 5million users for 50 MILLION dollars.