Friendable Inc (FDBL)

[Itsjustmymoney]

As of December 31, 2021, our articles of incorporation authorize the issuance of up to 2,000,000,000 shares of common stock with a par value of $0.0001 per
share and 50,000,000 shares of preferred stock with a par value of $0.0001 per share. On March 18, 2022 the Company further increased its authorized
common shares from 2 billion (2,000,000,000) to 3 billion (3,000,000,000) of $0.0001 par value each. On April 7, 2022 the Company again increased its
authorized common shares, this time from 3 billion (3,000,000,000) to 5 billion (5,000,000,000) of $0.0001 par value each. Our board of directors may choose
to issue some or all of such shares to acquire one or more companies or properties and to fund our overhead and general operating requirements and/or choose
to further increase the Company’s authorized capital. The increase and issuance of any such shares will reduce the book value per share and may contribute to a
reduction in the market price of the outstanding shares of our common stock. If we issue any such additional shares, such issuance will reduce the proportionate
ownership and voting power of all current shareholders. Further, such issuance may result in a change of control of our corporation
https://www.otcmarkets.com/filing/conv_pdf?id=15734070&guid=TcewkaseQ9xjdth