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Monday, January 15, 2018 6:01:38 PM
this is from the 10-q ending sept 30,2017 for fdbl.
"In 2018, the Company intends to identify a merger candidate for Friendable, Inc., the ideal candidate would be in the technology sector, having a solid management team, business model and ultimately an “X” Factor opportunity for explosive growth in an underserved or emerging market. Additionally, the Company intends to complete the spin off “Fan Pass, Inc.”, file an S1 registration statement and become a stand-alone public company under the Fan Pass brand. Friendable, Inc. management also intends to resume their respective positions (those currently held at Friendable) as well as taking on these very same responsibilities for Fan Pass, Inc. Part of completing the Fan Pass, Inc. spin out and S1 registration statement will be a distribution of Fan Pass, Inc. shares to all Friendable, Inc. (FDBL) shareholders of record (record date TBD). "
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