Friendable Inc (FDBL)

[Highlandmike]

Interesting example they have here in the filing. I’d be better off just buying 5M common now. Would cost less.

“As an example, suppose Investor X purchases 1,000 Series D Preferred Shares under this Offering at $10.00 per share (for a total purchase price and value of $10,000) and the applicable lowest trading price of the Company’s common shares on conversion is $0.004 per share, Investor X would be entitled to receive 5,000,000 common shares on full conversion of the original Series D Preferred investment, calculated by applying 50% of $0.004 (or $0.002) against the original investment value of $10,000.”