Replies to post #15074 on Friendable Inc (FDBL)

[raangel]

Nope not 100%..R/s hasn't been approved yet.

it might not get approved honestly, and even if it does get approved-HKUP is also requesting the power to abandon the R/s.

(1)
an amendment of the Company’s Articles of Incorporation to effect a reverse stock split of the Company’s outstanding common stock at a ratio of 100 to 1 and grant to the Company’s Board of Directors the authority to abandon such proposed amendment notwithstanding authorization of the proposed amendment by the shareholders and not effect the reverse stock split, in its sole discretion; and


(2)
an amendment of Article IV, Section B(8) of the Company’s Articles of Incorporation to eliminate the Series A shareholders’ right to approve the voting powers, designations, preferences, privileges and restrictions granted to or imposed upon any wholly unissued series of Preferred Stock.

Information Statement Pursuant to Section 14(c)

Side note: we are already this low so it makes sense to drop the bid out now so we can fill at the par value of $.0001 for a possible 100%+ ROI.

@.0001
$10=100,000 shares
$50=500,000 shares
$100=1,000,000 shares
etc..

although..any shares bought at this point could be reduced because of the potential reverse split.