Friendable Inc (FDBL)

[CoachMarc]

"more prs come out more will buy. I'm sure there is more to come."

They issued 7 PRs the past 12 days and the pps keeps dropping, how many PRs is it going to take??

And yes, you are right to worry about the dilution. My main issue with FDBL is the downloads numbers. Their performance for an app with a global reach is pitiful at best. In the past 6 months, the company could only muster an average of about 35,800 downloads per month. That would represent an additional 430,000 downloads for 2016. Even with compounded additional downloads, they won't crack 650,000 for the year and that just won't be enough to survive or to be a viable takeover candidate, imo. At that pace, it will take them well over 50 years to reach Friendster download numbers, and we all know what happened to Friendster...