Friendable Inc (FDBL)

[rut2k9]

How is it possible that this stock is down today. LOL.

Because there are BILLIONS of shares lined up to be converted and sold from prior toxic financings.

Because this company has managed to put itself in a position where they can no longer get toxic financing, the financing of last resort, so they've invented an even last resortier financing, hitting up beleaguered shareholders for cash. Cash they will put in the pockets of the only two employees, who also happen to be the only two officers and the only two board members.

Because they have no real business model, and if they did, they have much better competition who is already established, and even then, they have no money to execute, and no expertise either.