Replies to post #54627 on Friendable Inc (FDBL)

[rut2k9]

Oh, the app may never launch, true.
I meant the public company/spinoff.

Spin it off at $6 or $8 or $10 (meaning for every 100 million shares of FDBL you get 1 or maybe 2 shares on Fan Pass)

Immediately start issuing toxic debt to fund "development"

Pay your salaries with toxic debt while stock craters.

Rinse

Repeat

[smallstockinvestor]

Why does it seem that many otc companies offer something as an enticement to get new investors but many of these promises never materialize. Many stocks to the same and they follow the same pattern. Yet there are other otc stocks that do that , promises made and broken, but they move on and company goes on. It's like some companies are legit and some are not. What is a key to picking the legit out and leave the non legit stocks in the dust? This stock seems to be a vehicle for the Bros and nothing legit.