Friendable Inc (FDBL)

[rut2k9]

an r/s usually is not a good thing.i could live with like a small one but it seldom happens that way.still there could be good news but who knows at this point?imo

typically, after a reverse split, the share price declines, and over time, in this situation it's likely to plummet. Again, this is not about psychology or even financial performance. This is systemic, and built into the capital structure.

They are funded by printing new shares, and selling them -- at a steep discount -- to toxic funders who have a built-in incentive to sell the stock. It's guaranteed profit for them, and guaranteed dilution and an endless flow of selling for you.

If there is a reverse split, they will have a high enough share price to accommodate this funding mechanism. Get the stock to $1, issue shares at $0.70 or $0.50 with warrant coverage ... repeat.

But, you will be diluted, massively.
And, at a higher price, the toxic funders have an incentive to short the stock and a price that allows it.

So they get $1M worth or stock at a 50% discount to market.
They immediately short the stock. If it goes up, they present the shares they just got (or the warrants). If it goes down, they profit. When it reaches their price, they present their warrants and sell the stock, profiting a second time.

It's free money.