Friendable Inc (FDBL)

[BeachBum]

If they cap, then how can they fund operations? Look at the deal made between FDBL and the old CEO of Artist Republik. The guy held on to an advisory position on top of a set % of the OS as it climbs. Quite a deal. Also, how will the company sell preferred convertible shares if there are not enough in the AS to fully dilute? I haven’t done the math but if the company can’t cover the burn, they need money to keep this up. You can WANT to cap the AS, but reality may get in the way. Also, they can reverse split and keep the AS as is. Many less commons and plenty of room to sell more preferred and commons. Does the filing detail reverse split option or is that left out?