Friendable Inc (FDBL)

[rut2k9]

Exactly.
They have exhausted their traditional (non-traditional) fundraising options. They can't even sell heavily discounted shares to toxic lenders! All that is left is to hit up their shareholders, under the guise that it will be less dilutive.

And if you really think anything will change in 6 weeks or 6 months or 6 years, well, then you haven't been paying attention.