Replies to post #56578 on Friendable Inc (FDBL)

[Zorax]

The 'lenders' were themselves most likely, and creating death spiral debt and massive dilution by prostituting their stock amongst themselves.

SAme ol same ol.

[rut2k9]

interesting! lenders giving fdbl almost #3.5 million in 2016 really hurt shareholders in the long run.fdbl revenue stream fell far short of even covering the 3 salaries of over $400,000 annually.at that time beginning 2017 fdbl selling price was in a death spiral where
cv notes could never be repaid.right now it would take over 60 billion potentially dilutive shares to cover our debt.imo

If only shareholders had been warned .......
oh that's right, they were.

They call it "toxic" for a reason.