Friendable Inc (FDBL)

[rut2k9]

1. They are indeed inflating the projected participation. If you invest, you may be the only one, not generating near enough capital to launch a project.

2. They probably won't launch Friendable 2.0. It's not like they've executed well in the past.

3. Why isn't management participating? They should be first in line. They have the most to gain. They have sucked the most from the company already.

4. This financing is the financing of last resort. It strongly suggests that even the toxic lenders have said "no more."

5. This doesn't fix the capital structure. It fixes the debt (balance sheet) but you still have billions of shares outstanding and billions of warrants.


why would anyone participate?
Why would anyone trust these brothers?