Friendable Inc (FDBL)

[rut2k9]

How is it a joke?

There are at least 3,388,135,026 shares issued and outstanding in FDBL.
There are only 400,000,000 shares authorized for Fan Pass, and usually you don't issue all that you have authorized.

Simple math says there is no way they can do this 1-for-1.
They really can't do it 10-for-1, or even 100-for-1.

It's a reverse split, disguised as a spin off. That's just simple math. No speculation. There is no other answer.