Friendable Inc (FDBL)

[rut2k9]

Smart people are able to look critically at facts and evidence and adjust opinions based on those facts.

For example, it has now been seven and a half months ... more than 200 days .... since the company announced it would "immediately" spin off Fan Pass.

Now, perhaps there has just been some challenges, and it's taking more time. I mean, I've said from day one that I think this spin off will happen, because it is their path forward. It is the easiest way to enable them to a) blow up Friendable, as they've destroyed its cap structure, and b) use Fan Pass, with a new, cleaner, tighter cap structure (via a ghastly back-door reverse split) as a vehicle to raise more capital through toxic debt.

I still think it will happen.

But it's been 200 days-plus. We got a vague "update" which really didn't update anything.

Don't you think you deserve a real update?