Friendable Inc (FDBL)

[crazyjogger925]

the dec 11 friendable update mentioned the fan pass spinoff and the bros intent to pursue a possible merger or acquisition strategy.read below.imo


“Based on our user base having become an asset in and of itself, we feel it is in the best interest of the Company and our shareholders to pursue various opportunities to monetize these users. This includes seeking complementary business combinations, merger and acquisition strategies and ultimately a strategy that drives the restructure of the Company’s current debt. Alongside these efforts, we will continue to evaluate various ways in which value can be created for the Friendable brand and the Company’s shareholders. Stay tuned, as we focus on the road ahead and move down a parallel path of creating value for both Friendable, Inc. and Fan Pass, Inc.,” concluded Robert A. Rositano, Jr., CEO of Friendable, Inc."