The underlying message on my last post is to point out that these type of companies (FDBL, WWTH) do not care whatsoever about their shareholders. Just look at the horrendous drop in WWTH pps, as well as FDBL's pps over the past few months.
Friendable was not created to build and expand on the premise that shareholders would benefit. FDBL was exclusively created so upper management could sell the company for a quick buck. Problem is, for them to accomplish just that, they have to dilute endlessly at the expense of the shareholders. Did the brothers use ANY of their own shares to slow down the dilution? Did they use any of their share to help finance expenses to grow the company? No, they did not, because they do not care about you, or me, or any shareholders for that matter.
Nothing good happens when a company CEO admits that he started the company to sell it. Good honest business people build companies to last, and put their heart, soul and money into building a going concern that will last, and it is not the case here. This is all of course in my own opinion.
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