Friendable Inc (FDBL)

[Baltia_hopeful]

Toxic shares is a way to describe the financing used. It is not uncommon but it is called toxic by the effect it can have on the price per share. Shares are issued as payment or collateral for payment, then the person owed the debt sells the shares on the open market to recoupe payment. The increase in outstanding shares either depresses the share price or keeps it from rising. So as an example over the last few moths the toxic financing caused the share count to increase by almost double. At todays price of .006 if this had not happened the theoretical stock price today could be around.012 or twice as much. The fact that the share price has held with support around .005-.006 despite the increase in shares is interesting and suggests it is possible the stock has interest and the price could run if the share count were to stop increasing.