Friendable Inc.’s (OTC Pink: FDBL), Transformation from Debt to Equity Financing – Roadmap for Growth in 2017

Date : 02/14/2017 @ 7:00AM
Source :InvestorsHub NewsWire
Stock : Dolat Ventures, Inc. (PC) (DOLV)
Quote : 0.0475  -0.0025 (-5.00%) @ 4:00PM

Friendable Inc.’s (OTC Pink: FDBL), Transformation from Debt to Equity Financing – Roadmap for Growth in 2017

Friendable Inc.s (OTC Pink: FDBL), Transformation from Debt to Equity Financing Roadmap for Growth in 2017

Miami, FL -- February 14, 2017 -- InvestorsHub NewsWire -- EmergingGrowth.com, a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies, reports on Friendable, Inc. (OTC Pink: FDBL)

This is Just what the Dr. ordered.

25% Growth since 2015

FDBL may not be at these levels much longer. 

See the Full Press Release and other stories on Friendable at EmergingGrowth.com

http://emerginggrowth.com/?s=FDBL

 

Friendable, Inc. (OTC Pink: FDBL), is currently in discussions with high net worth individual investors and investment bankers who have the ability to assist with the transformation of debt into equity and with a capital raise that will produce up to 15 months of working capital, which is exactly what the Company needs to build value for our loyal shareholders.

As the Company enters a pivotal 2017, management believes its restructuring of the Companys current debt, as well as a simultaneous significant capital raise is the best path forward to achieve continued organic user growth of the Friendable app, new product roll out, and monetization testing in several areas of the business.

Robert A. Rositano Jr., Friendable, Inc. CEO stated, "We believe a $3-million-dollar financing with no debt will give the Company up to 15 months of operating capital that will allow the Friendable app, and soon Fan Pass Live, to deliver accelerated growth in a marketplace that has emerged as one of the most rapidly growing sectors; live streaming video."

Friendable, Inc. (OTC Pink: FDBL) has invested heavily over the last several months to ensure Fan Pass (http://www.fanpasslive.com and http://www.fanpass.live) is Robust, user-friendly and appealing to their target audience.

Fan Pass, http://www.fanpasslive.com and http://www.fanpass.live, is designed to provide performing artists and celebrities with the opportunity to broadcast live, exclusive, uncut, and uncensored content to subscribers of their channel in real time. Upon its release, the platform will enable a unique and powerful connection between performing artists, athletes, celebrities, agents and their existing base of social media followers and fans by providing real-time access to events that would typically only be experienced by insiders, or individuals with VIP, on-location access.

Robert A. Rositano Jr., Friendable, Inc. CEO, stated, "The Fan Pass brand is expected to capture the essence of this new category of live, interactive broadcasting and the power of leveraging exclusive, premium content with an existing base of social media followers and fans. We believe Fan Pass, by coupling existing connections between millions of loyal social media users and the celebrities they follow with a platform to access live, engaging and exclusive content, will be uniquely positioned to develop recurring monthly revenue streams for both the company and the celebrities."

Fan Pass is expected to feature exclusive, uncut and uncensored video streaming of celebrity events such as recording studio sessions, behind-the-scenes action on music video sets, special interviews and backstage access before, during or after events to provide the ultimate fan experience.

Friendables path to revenue with Fan Pass includes monetizing social media fans and followers of celebrities through a multi-level subscription based platform.

Friendable, Inc. (OTC Pink: FDBL) is looking forward to a strong conversion rate, as each celebrity or artist will be required to market their Broadcaster channel to their social media fans and followers, further, generating subscription revenue based on conversion.

Celebrities that Friendable has had previous or existing relationships with have, upwards of 20-50 million social media followers.

Austin Mahone, a singer / songwriter that Friendable, Inc. (OTC Pink: FDBL) has worked with previously has 13 million fans on Facebook alone. If he were to convert only 2% of them with a revenue sharing monthly subscription of $1.99, that alone, would generate over $500,000.00 per month.

Friendable, Inc. (OTC Pink: FDBL) is working to secure commitments from celebrity artists as they move closer to launch and will announce these commitments as they are received.

Facebooks Mark Zuckerberg has stated that he is "obsessed" with live streaming.

Could this be what pushes Friendable, Inc. (OTC Pink: FDBL) over the top?

Could they be the next social media takeover candidate?

 

FDBL may not be at these levels much longer. 

See the Press Release and other stories on Friendable at EmergingGrowth.com

http://emerginggrowth.com/?s=FDBL

 

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About EmergingGrowth.com

EmergingGrowth.com is a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies. Through its evolution, EmergingGrowth.com found a niche in identifying companies that can be overlooked by the markets due to, among other reasons, trading price or market capitalization. We look for strong management, innovation, strategy, execution, and the overall potential for long- term growth. Aside from being a trusted resource for the Emerging Growth info-seekers, we are well known for discovering undervalued companies and bringing them to the attention of the investment community. Through our parent Company, we also have the ability to facilitate road shows to present your products and services to the most influential investment banks in the space.

All information contained herein as well as on the EmergingGrowth.com website is obtained from sources believed to be reliable but not guaranteed to be accurate or all-inclusive. All material is for informational purposes only, is only the opinion of EmergingGrowth.com and should not be construed as an offer or solicitation to buy or sell securities. The information may include certain forward-looking statements, which may be affected by unforeseen circumstances and / or certain risks.  This report is not without bias. EmergingGrowth.com has motivation by means of either self-marketing or EmergingGrowth.com has been compensated by or for a company or companies discussed in this article. Full details about which can be found in our full disclosure, which can be found here, http://www.emerginggrowth.com/disclosure-3325/. Please consult an investment professional before investing in anything viewed within. When EmergingGrowth.com is long shares it will sell those shares. In addition, please make sure you read and understand the Terms of Use, Privacy Policy and the Disclosure posted on the EmergingGrowth.com website.

Sources include recent Friendable, Inc. press releases as well as the following: http://www.wsj.com/articles/twitter-acquires-live-video-streaming-startup-periscope-1425938498 http://www.fool.com/investing/2016/07/14/think-facebook-and-twitters-live-videos-are-a-fa-2.aspx http://expandedramblings.com/index.php/periscope-statistics/ http://www.businessinsider.com/facebook-live-video-stats-from-tubular-2016-7

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