$FDBL Can a small company like Friendable, Inc. (OTC Pink: FDBL) break into the space and further, become an acquisition target? Some might say no, but they probably forgot that Friendable also gained access to 8 million users who have signed up to utilize Hang W/'s live streaming video technology as part of its investment commitment and Hang With, Inc. technology acquisition approximately two weeks ago.
Friendable CEO, Robert A Rositano Jr. stated "We believe the Hang W/ technology will create a differentiated offering for our brand in the live video streaming marketplace and allow the Company to capitalize on our many relationships in various celebrity circles."
Friendable expects that this new technology will allow the Company to extend its brand and begin to uniquely monetize the Friendable app.
Rositano further stated "Our strategy is one of diversification as we look ahead to 2017 and with the addition of live streaming video we are now able to leverage our existing relationships with major A-list celebrities, which have been cultivated over the past six months for an entirely new app that will focus on an artist's fan base to provide a new and unique experience to their global audience, because most fans can't always be there in person."
See the Press Release and other stories on Friendable at EmergingGrowth.com
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