Replies to post #50583 on Friendable Inc (FDBL)

[rut2k9]

it's not speculation.
There are 3.4 (3.38) BILLION shares outstanding. Actually, I bet it's a lot more, in FDBL.

Only 400 million shares are authorized in Fan Pass.

So that means if they maintain a similar valuation, it's 1 share of Fan Pass for every ~9-12 of FDBL. But if they do that, they can't raise any more money.

So add a zero. That means Fan Pass would be worth something like $0.001, and you'd get one share for every 90-120 shares of FDBL. That's not enough.

Add three zeros ... now Fan Pass is worth $0.10, and you get one share of Fan Pass for every 9,000-12,000 shares of FDBL. But why would they want a ten cent stock? Let's add one more zero.

That's a $1 stock, which they can then sell at $0.50 to toxic lenders with warrant coverage to raise money to pay their salaries, and you get 1 Fan Pass for every 90,000-120,000 shares of FDBL.

That's the reverse.

It's simple math.