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Nice job! And that’s ok. We will all still meet in Vegas!
Friendable Updates Shareholders on Fan Pass Spin-Off and 2018’s Strategic Path Forward
Ya next week lol
Still with the 100 share paint jobs here. Amazing HAHAAH. All to hide the truth
“Dividend” - All a RUSE to keep bagholders from selling. Period
How about that .04 cent dividend. Wow that was worth letting the ANVIL drop from .43 wasn’t it. Hahahahahah
Hahah .28 cents combined now. Wahooo. Good thing those bags are full. But keep watching boys hahaha
ECSL .43 was a dream like I said it would be.
Ouch! I keep watching and it’s just dropping like an ANVIL.
I can’t wait to watch shorties run to cover Fan Pass shares too. Hahaha. Get the popcorn ready
I see a little uptick in volume. Going to be epic here soon.
CAMPBELL, CA , Dec. 11, 2017 (GLOBE NEWSWIRE) -- Friendable, Inc. (OTC PINK: FDBL), a mobile and social focused technology company, today released additional details on its planned Fan Pass spin-off and the Company’s strategic plans for 2018.
Fan Pass Spin-Off
The Company recently announced plans to spin-off its newly formed subsidiary “Fan Pass, Inc.” as well as the mobile app by the same name. The Fan Pass app is the Company’s latest mobile app being developed based on a niche discovered by the Company, following several celebrity driven marketing campaigns entered into by Friendable over the previous years. The app will provide live streaming video, alongside social broadcasting teams that the Company intends to deploy. These teams allow the company to control the live content and capture the exclusive back-stage and uncensored video of their favorite celebrity or performing artist.
“In addition to our ongoing development efforts on the Fan Pass mobile app, we are nearing completion of the S1 filing for Fan Pass, Inc. Soon, our shareholders will be notified of a share distribution of Fan Pass, Inc. shares, which will be in addition to and separate from their current holdings in Friendable, Inc.,” stated Robert A. Rositano, Jr., CEO of Friendable, Inc. “It has been a long and painstaking process of bringing development resources back up to speed on Fan Pass, following our strategic investment in a partner and eventual relationship fall out. Taking over full control of the app’s development from this team required the Company to devote significant resources to this process specifically and cost us several months of unforeseen issues that needed to be resolved. Fortunately, the app is now in an internal beta and testing phase. We are extremely pleased with the progress and believe we are on track for full release in 2018. We are continuing to pursue the proper funding and structure for Fan Pass, Inc. in order to complete the app and properly release it in 2018, which is also a priority for the Company. Additionally, we are working with our current funding partner to find a solution or opportunity that would allow Friendable to restructure its current convertible debt, which we believe is the best way to enhance value for the Company and our shareholders moving forward.”
Friendable 2018 Strategic Plans and Mobile App Update
The Company launched its first mobile app in late 2013 as a location based dating app. The app grew and eventually found its niche as a social networking app now known as “Friendable”. Today the app continues to grow organically, currently reporting approximately nine-hundred thousand (900,000) registered users.
“The Company believes it has made great strides in bringing the Friendable brand to the market, as well as having had tremendous momentum and success with the Friendable app over the years. As with any mobile app that requires critical mass or millions of monthly active users, the business model also requires significant investment to continue marketing, promoting and acquiring users. Keeping the network active and ultimately building a strong community of active users is what the Company believes will translate into many revenue opportunities. A strong, active user base not only helps to grow the app virally, it also multiples the Company’s opportunities to monetize each user on the advertising side, which has been driving force behind Friendable’s business model,” stated Robert Rositano Jr., CEO of Friendable, Inc.
“Based on our user base having become an asset in and of itself, we feel it is in the best interest of the Company and our shareholders to pursue various opportunities to monetize these users. This includes seeking complementary business combinations, merger and acquisition strategies and ultimately a strategy that drives the restructure of the Company’s current debt. Alongside these efforts, we will continue to evaluate various ways in which value can be created for the Friendable brand and the Company’s shareholders. Stay tuned, as we focus on the road ahead and move down a parallel path of creating value for both Friendable, Inc. and Fan Pass, Inc.,” concluded Robert A. Rositano, Jr., CEO of Friendable, Inc.
About Friendable (www.friendable.com)
Friendable, Inc. is a mobile technology company that develops, acquires, and invests in mobile applications with a social focus. In 2013, the Company released its flagship product Friendable, a mobile social application where users can create one-on-one or group-style meetups for food, drinks, live music, or any occasion. In 2017, Friendable, Inc. plans to release “Fan Pass”, a live streaming video application where fans can watch exclusive video content of their favorite celebrities by subscribing to celebrity channels. Through the Friendable and Fan Pass mobile applications, Friendable Inc. aims to become the premier social platform dedicated to connecting and engaging users to expand connections beyond today’s existing limitations.
Strange. Usually it’s other way around if you want to place the order.
Not for long. I’m heavy on LTC. Just a matter of time before I take it out. BOOM! Lol. And I will do it. Haha
1000 LTC heavy I am having a huge week and now FAN PASS news. Yikes
“A live streaming video application where fans can watch exclusive video content of their favorite celebrities by subscribing to celebrity channels”
Good thing I own Celebrity.Live and CelebrityLive.com. I’m going to market FAN PASS big with those!!!
Yep going to be HUGE
What we are seeing is called Globalization, Internationalization and then localization within those markets.
Automatski is def involved as far as I’m concerned and i suggest you listen to the CEO here: Btw CJ I know you seen this :)
Yep CJ does some good DD. Can’t wait to meet him in Vegas once this all launches
Hahaha the only thing of any value this company ever had dropping like an ANVIL to WORTHLESS. Good thing for that Divy!!! LOL
Wahoooo a .04 dividend!! Oh wait there won’t be a dividend
Elon Musk building solar panels now. The top of a 40 foot trailer is free real estate for a suntan aye? Charging batteries in perpetuity!! What fuel?? It’s up in the sky boys
0-60 in something like 4 seconds hauling 80,000 pounds. It’s going to moon faster than my Coinbase account
What’s worse....40 is just the beginning and that’s just one company. More will jump right on board.
Beer giant will add 40 Tesla Semi trucks to its supply chain and delivery network teslarati.com/anheuser-busch
Nope. Partner(s) plural. Keep reading
Wrong profile. Nice try
Totally related when FRIENDABLE is being used to raise funds.
But what is known is FRIENDABLE is conducting a fund raise and has mentioned “funding partners”
Of course it’s two separate entities lol. A buyer most likely or just a funding partner
In short Automatski is involved in some soon to be found out capacity otherwise Robert would have filled out those complaints already. You think he would want some entities subverting funds that could be going into the stock. They are a fund raiser no doubt working as a partner
And yes I could file if also. They research, find out it is NOT the rightful owner and boom. Bye bye
Bro, Friendable is a registered trademark and first use was Friendable, inc. We are in line for a USPTO filing for incontestability in 2018 also. They’ll never get their product on iTunes or google play never mind continue to market it on twitter and Facebook. If they did Robert merely needs to file an infringement complaint and bye bye
In short good luck Marketing FRIENDABLE on iTunes and GooglePlay, Twitter and facebook if they aren’t working with Friendable, inc in some manner. No litigation needed. It’s a infringement complaint and they alllll vehemently protect US trademarks.
Nope. I will be the first to file the trademark infringement to iTunes and GooglePlay. They’d shut down any other entities use of the US trademark owned by Friendable, Inc. East to do and costs nothing. Don’t need to be the owner of the trademark to file those complaints either. Nice try. Twitter also
Automatski won’t cut out the US markets.
Easy, they are trademarking “Friendable” in India. They are going to be running the show and Fan Pass gets spun off. They’re either a funding partner or a BUYER.
Exactly and my guess Automatski was in there somewhere too
Funny how there were 1Billion on the bid and filled not too long ago but only 100M on the ask now. Hmmm. Apparently no one has ANY buyers remorse what so ever. Any guesses who bought those BILLION and are holding???
FOMO will set in soon enough here. As we get closer to the end of token offering.
Once Robert announces the record date for Fan Pass shares also
CEO Automatski Suggest one reads his bio. Very smart guy. Nice to see he has a linkedin.
https://www.linkedin.com/in/adityay
@theautomatski with over 86,000 followers is no Robo. They do heavily market their offerings however. “FRIENDABLE” is one of them.
And another @theautomatski tweet:
'Friendable' The Worlds Social Network. bit.ly/2w0xR4g #funds #ETH #Ethereum #startup #blockchain #blockchain #funding #ITOs #money
http://crowdsales.online/