Wednesday, October 18, 2017 5:38:49 PM
Friendable has already pledged "essentially all the assets of the company" per filings.
They have pledged all their trademarks, all their intellectual property, all domain names, etc.
And per filings, they have pledged the assets of Fan Pass too.
They have nothing left to pledge for a debt offering, or any other vehicle to clean this up. The toxic lenders have them by the short hairs.
This isn't something that can be changed. It's contractual.
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