Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Haha
Why it’s true. So many crypto’s with no use case 10-20 cents . At least there’s a use here
Ive seen crypto with a lot more outstanding “shares” run. Just need to keep the news coming
If a crypto with 50B coins out can be .10-.20 cents so could this with continued progress
Those will go quick I think. 3’s to 5’s by end of week IMO
First day in how long there’s been a bid? Amen
I’d say so. Finally
Vimeo! Nice press release
It’s been so peaceful though lol
Got rid of that soulless woman
Probably
Could be. Broadcaster kind of company maybe.
Interesting surge of volume
Excellent
http://www.fanpasslive.com but yes fanpass.live does not
When is the “coming 2019” getting added to the fanpass site?
Haha coiled so tight it’s about to choke
Like FDBL? Hahah. Copy and paste I see
True but we have no choice but to give it another chance lol.
Let’s give the brothers another shot at redeeming this train wreck. I see something on the horizon.
Spent $1000 instead of $100.
Looked good while it lasted. Lol
My account says fdbl .001 wow.
I’d like to think they’ll align themselves with someone who’s going to pay more attention and execute. If so, could see much higher than that. Will see
Definitely not. 8 times in 2 years. That’s like throwing the elliptical on 20 and saying “there you go buddy keep up the pace”
Interest rate hikes. Political hit job
Well hopefully the make some good out of this. Can easily do it but the company needs to be treated correctly.
https://www.sec.gov/oiea/Complaint.html for those that don’t know how to google
Sec Complaint Form. Google that and fill out
Because I’m sure the revs are sent to CheckMate Mobile. Oh it’s ok, management “approved” that too. Just more conflict of interest aka Self Dealing
No there’s no hope. They don’t even have the bandwidth to update Friendable which a 10 year old could have developed. Looking at the fins they’ve squandered the money on themselves and that would be no different going forward. If he said “I’m going to put $1,000,000 of my own money in since all I’ve been doing is taking” I’d have some hope and then I’d have to see it to believe it.
So they were charging off “rent” for an office that was really a ~$120 a year P.O. Box. Wow
Btw that is the very definition of SELF DEALING
Audit firm should have a duty to report “conflicts of interests” approved by the conflicting individuals themselves. Audit firm is supposed to work for shareholders but apparently it looks like they found one to work for THEM. “Eh conflict of interest approved by the officers no big deal they approved it” Unreal
Exactly except they should be matching investment 10 to 1 and even if they said it I’d have to say “you first buddy” because it be a lie.
They’ve done nothing for the salaries they’ve taken.
I rather take 200-400k and dev my own app. Launch a coin AFTER it works and go “public” that way. I’ve got plenty of BTC to pay the exchange fee too. Sold all of it at $18000 a coin and just bought back the same amount. Can drop to 0 and I’ll still be ok. But BTC could have a turn around soon. Drops more I’ll buy more.
Yep, had they made the first giant step (for them) at releasing Friendable 2.0 and it worked well I’D have had some confidence. Who makes contact with shareholders after blatant abandonment and the first words out of their mouth are “Give me more money”. The words should have been “We will be releasing”
All the below but couldn’t set aside 50 F’ing grand they supposedly need to release Friendable 2.0?
“Financing activities for the year ended December 31, 2016 generated cash of $3,496,442 as compared to generating $1,331,170 of cash for the year ended December 31, 2015. This increase in cash provided from financing activities is mostly attributed to the Company and its current lenders desire to fund certain transactions related to the Company’s celebrity marketing activities, general awareness and strategic investment in Hang With, Inc.”
Marketing what? A piece of garbage. Business 101 - Have a working product first
The Self Dealing wreaks here, that’s all I got to say.
Self-dealing – The controlling stockholder’s duty of loyalty is most often invoked in the context of self-dealing. There are two basic elements in the self-dealing analysis:
(i) The controlling stockholder is on both sides of the transaction and dictated its terms; and
(ii) There is a special benefit to the controlling stockholder in which the minority stockholders do not share.
Conflict of Interest
There are several related party transactions reported within this annual report. All conflicts of interests between such related parties have been duly approved by the required board and/or shareholder approvals. Please see below for further disclosure:
Dean Rositano and Robert Rositano are both directors and 14.1% and 13.6% stockholders respectively of CMI. At CMI, Dean Rositano also serves as President and Chief Technology Officer, while Robert Rositano serves as Chief Executive Officer. They will both continue their respective roles at CMI while serving as directors and officers of Friendable, Inc.
In February 2014, CMI sold the iHookup mobile app to Friendable, Inc. for a purchase price of $293,750. Friendable, Inc. paid the purchase price by issuing 1,175,000 shares of its Series A Preferred Stock, priced at $0.25/share, to CMI.
Dean Rositano and Robert Rositano are both directors and stockholders of Friendable, Inc.. At Friendable, Inc., Dean Rositano also serves as President and Chief Technology Officer, while Robert Rositano serves as Chief Executive Officer and Secretary. The majority stockholder of Friendable, Inc. is Copper Creek Holdings, LLC, a Nevada limited liability company owned and managed by Robert Rositano and his wife, Stacy Rositano.
https://www.akingump.com/images/content/2/2/v4/22475/Duties-of-Controlling-Stockholders-PLI-Article-June-2012.pdf
SALARIES FOR WHAT????
8. RELATED PARTY TRANSACTIONS AND BALANCES
During the nine months ended September 30, 2018, the Company incurred $344,400 (2017: $364,000) in salaries to officers and directors with such costs being recorded as general and administrative expenses.
During the nine months ended September 30, 2018, the Company incurred $465,425 (2017: $688,837) in app hosting, app development and rent to a company with two officers and directors in common with such costs being recorded as app hosting, product development and general and administrative expenses.
As of September 30, 2018, the Company had a stock subscription receivable totaling $4,500 (December 31, 2017: $4,500) from an officer and director and from a company with an officer and director in common.
As of September 30, 2018, accounts payable includes $858,624 (December 31, 2017: $481,078) payable to a company with two officers and directors in common, and $712,331 (December 31, 2017: $474,583) payable in salaries to directors and officers of the Company. The amounts are unsecured, non-interest bearing and are due on demand.
The above transactions were recorded at their exchange amounts, being the amounts agreed by the related parties.
As of September 30, 2018, accounts payable includes $858,624 (December 31, 2017: $481,078) payable to a company with two officers and directors in common, and $712,331 (December 31, 2017: $474,583) payable in salaries to directors and officers of the Company. The amounts are unsecured, non-interest bearing and are due on demand.
Hey everyone we need 50 grand and more money from you....Holy F