InvestorsHub Logo
Followers 4
Posts 743
Boards Moderated 0
Alias Born 01/18/2010

Re: BostonRon post# 50287

Friday, 10/13/2017 12:41:35 PM

Friday, October 13, 2017 12:41:35 PM

Post# of 60952
you read it again. Here it is.

"The Company has been quiet in recent months due to the confidential nature of the negotiations with our funding partners, as well as the issues surrounding our partner relationship. I would like to send my sincere apologies to our shareholders that had requested information on the status of both Fan Pass and Friendable over the previous months, as we were simply advised to stay quiet until an agreement was reached. We have been through several rounds of negotiations to achieve this short-term financing that allows Friendable to pursue our strategy for diversification and are pleased to announce its completion," continued Rositano Jr., CEO.




"has been quiet" ... past tense
"advised to stay quiet until an agreement was reached" and "pleased to announce its completion" so the "until" has passed.

It really can't be more clear.
There is NO REASON he can't disclose information to the owners of the company.

If there is MATERIAL news, including a relationship with a financing or an offering of any sort, he is REQUIRED to disclose it and failure to do so is illegal.

And if he has made no disclosures, than you can assume there is no material news, including any involvement by the company in any offering.