Replies to post #47632 on Friendable Inc (FDBL)

[rut2k9]

The revenue target for Friendable in 2-3 years is $240m/annum
And the valuation target is $2.4billion
This will imply a return of 7.4X in 2-3 years

The only way this company could do $240M in revenue is if they sold $480M of newly printed shares.

Absurd.

And they will never have a $2.4B valuation.

And frankly, I don't believe Automatski would make that statement. Far too much liability.