Friendable Inc (FDBL)

[it_happens]

I think your analysis is correct.

I just don't see the app gaining traction in the US after all of the publicity. I'm not sure what demographic is watching the videos but I don't think they are downloading FDBL. I checked various Zip codes around the US and only found one zip with more than 10 profiles. I checked three Zip codes around Ohio State University (whoops "The" omitted). I found less than 20 profiles. Granted some users hide profiles but I checked Miami, NYC, Santa Monica and points in between and found a low number of profiles in each Zip. I live in the Denver area and checked many Zips but all 10 or less.

I think the app has potential but maybe the competition is too much now. I was glad to see bug fixes but the app still has bugs. I hope the numbers released next week are good but I am not counting on it. Maybe next month.