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Get this: I'm trying to cancel an open sell order @ thirty cents @ TD, but the broker isn't taking it.
Here we go>>>>>
Friendable Updates Shareholders on Fan Pass Spin-Off and 2018’s Strategic Path Forward
PRESS RELEASE GlobeNewswire
Dec. 11, 2017, 06:00 AM
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.
Visit our social media properties
Facebook: http://facebook.com/friendable
Twitter: https://twitter.com/friendableapp
Instagram: https://www.instagram.com/friendableapp/
Cautionary Language Concerning Forward-Looking Statements
This press release contains forward-looking statements. The words or phrases "would be," "will allow," "intends to," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "project," or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected by Friendable, Inc. The iTunes rankings should not be construed as an indication in any way whatsoever of the future value of the Friendable's common stock or its present or future financial condition. The public filings of Friendable, Inc. made with the Securities and Exchange Commission may be accessed at the SEC's Edgar system at www.sec.gov. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. Friendable, Inc. cautions readers not to place reliance on such statements. Unless otherwise required by applicable law, Friendable, Inc. does not undertake, and Friendable, Inc. specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.
I pray that you're right, King. Still holding property, too.
It has been 0X1 for the last few weeks. Sad, but true.
So, why are you here, Rut?
Hi
That company is registered in US and has IP in US. We are registered in ASIA and have our IP in Asia.
They were incorporated in 2007-2008CE. We in 2006 CE.
Their quarterly revenue run rate is $2500 per quarter. And are a listed company with a marketcap of about $1.6m.
We are a privately held company with a valuation of over $60bn. Our http://crowdsales.online platform itself which hosts our ICO's and ITO's itself has more than $8bn assets under management.
I hope that helps.
And apologies for the late reply. Due to our ICO's we receive an unmanageable quantum of emails. We make every attempt to answer each and every one. But it takes time.
With warm regards
The Automatski Team
-
Got filled a few minutes later.
Ordered submitted to buy 2.4M at .0001 15 minutes ago. Nothing executed yet. ?????????????
Any idea how much has been subscribed to?
details, Ben?
The Bros ARE "geniuses", aren't they...
or Bye, like in good bye.
Hey Jogger: Are you quoting the Company, or is this your own investigative reporting?
Does anyone know Will Richards, former employee?
Venntro Media Group Ltd.
Minton Place Victoria Street
Windsor, Berkshire,SL4 1EG
United Kingdom
United Kingdom View Map>>
P: +44 1753 271280
www.venntro.com
Description
Founded in 2003, Venntro is the award-winning global media group that connects people to a life they'll love through dating, lifestyle and social networking technology. With tens of millions of registrations worldwide, Venntro provides services to customers across seven major English-speaking territories. With a diverse portfolio of international...more
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seriously????????????????
If I were the BROS., I'd be hiding in a very deep cave.
OK< so I spent $100
You heard that too, Lighter.
Thanks for clearing up the mess, Ron.
HI Ron:
Any word on that pending news?
Your right on with that rut, and so the noose will eventually tighten on their necks. Stay tuned...
Hello Bros:::::
What does fiduciary mean?
Fiduciary duty requires board members to stay objective, unselfish, responsible, honest, trustworthy, and efficient. Board members, as stewards of public trust, must always act for the good of the organization, rather than for the benefit of themselves. They need to exercise reasonable care in all decision making, without placing the organization under unnecessary risk.
To all O&D's and all interested parties:
https://www.bridgespan.org/insights/library/boards/fiduciary-responsibilities-board-members
Right now, the offer is 1, but sadly no one is going to buy this pos @ 1 or 2 or 3 or even 10.
We're both wrong: 600,000,000 times .0001 = $60,000.00
That's only $6K.
Prediction: If the one's get picked, we go to the moon.
Thank you, Lighter.
Hate to say it, but you're probably right. Maybe time to get the certs and wallpaper my bathrooms.
is the bid gone? And, CDEL is offering @ l
Question to Kingman: Can you influence the bros. to finally make FULL- disclosure?
Does anyone, other than the bros, REALLY know what's going on?
What is "way up", Tub?
From: "Adam S. Tracy
Attorney/Blockchain Enthusiast - The Tracy Firm, Ltd.
Public Shells/Reverse Mergers
Chicago, Illinois - United States
Oct 24, 2017 - Contrary to popular opinion, Initial Coin Offerings ("ICOs") have not been taken over by the SEC. They remain, when done properly, a viable means of raising capital without the headaches of compliance with securities laws. When properly structured, Cryptocurrency when built on decentralized blockchain, remains exempt from securities laws. We have successfully represented over 20 ICO issuers. Read more about our turn key solution."
GOOD news?
Shows that "someone" really knows what's going on...
Again, UR right on the money, Rut.
If a big bunny is not pulled out of the hat, baby the rains will fall.
OK< just wanted to make sure that "the buck" literally stops with the Bros. They don't have an investment banker, SEC attorney, CPA, etc.?
UR right, Rut. Who are the overseers?