Friendable Inc (FDBL)

[rut2k9]

It's not fake, just premature.

Page 8 of the most-recent 10-Q:
"As of September 30, 2017, there were approximately 38,807,536,857 potentially dilutive shares outstanding."

That is, in fact, 38.8 billion shares that could, and ultimately will, be added to the share count. Not all, but most-certainly most.

And yes, the current cap structure only authorizes 15 billion, but they keep increasing it and they will continue to increase it as those holding convertible preferred stock force conversion. They are contractually obligated to increase the share count to allow conversions. Those contracts are subject to a General Security Agreement covering substantially all of the Company’s assets. (page 13 of the Q)

So these holders can take over and liquidate the company on a moment's notice if they are not paid, or if the company refuses to increase the authorized share count.