Friendable Inc (FDBL)

[boovester]

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!