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Acquisition in Mobile Dating Apps - FDBL Friendable App Surpasses 1 Million Downloads

MIAMI, FL / ACCESSWIRE / April 21, 2016 / Mobile App Friendable, (OTC Pink: FDBL) just announced that they have achieved over 1 Million (1,028,215) Downloads.

As of April 17, 2016, the app currently has 708,760 active users.

Friendable, Inc. (OTC Pink: FDBL) the mobile-social network focused on the future as opposed to sharing the past, brings meeting new people and relationships up to today's way of thinking.

Looking at dating site acquisition data, Match Group, Inc. (NASDAQ: MTCH) is an American Internet company that owns and operates several online dating web sites including OKCupid, Tinder, and Match.com.

Match Group, Inc. operators IAC/InterActiveCorp acquired OKCupid for US $50 million in February 2011. Just prior to that, in September of 2010, OKCupid claimed to have only 3.5 million active users. This represents less than 5X the current active users of FDBL now.

FDBL just reported earlier this month that for March, the downloads of the Company's Friendable app increased 558% over the previous months of January and Februrary 2016.

As these numbers continue to grow and validate the widespread acceptance of the app and its brand, FDBL could begin to look attractive to some of the major companies in the space.

At this time, Friendable's (OTC Pink: FDBL) approximate market cap is a meager $1 million.

Try Friendable for iPhone:
https://itunes.apple.com/us/app/friendable-free-meet-new-people/id674962256?mt=8

Try Friendable for Android:
https://play.google.com/store/apps/details?id=friendable.com.friendable

Friendable brings meeting new people and relationships up to today's way of thinking.

Acquisition in Mobile Dating Apps - FDBL Friendable App Surpasses 1 Million Downloads

Other Stocks to Watch:

Last Wednesday, Ascent Solar Technologies, Inc. (OTCQB: ASTI), a developer and manufacturer of state-of-the-art, flexible thin-film photovoltaic modules integrated into the company's EnerPlex series of consumer products, announced the completion of an agreement for the exclusive distribution of EnterPlex products within Germany with KOMSA, the Hartmannsdorf, Germany based distributor.

The company traded up 5% following the news before giving it back this Monday.

Rafael Guitierrez, SVP & COO of Ascent Solar & EnerPlex stated, "The German market is a natural forward step for European growth, particularly considering the success of our presence in the United Kingdom. Germany presents an exciting opportunity for revenue growth; and our partnership with KOMSA, a well-known and entrenched distributor in the region, will help EnerPlex quickly penetrate both physical as well as e-tail channels."

Brought upon by "Soaring Sales" and "Intense Demand", GreenGro Technologies (OTC Pink: GRNH) shares realized a 439% increase over the past 5 weeks. Prior to the profit taking we noticed yesterday, the stock had a market cap of over $26.7 million while it reported a net loss of over 3.5 million for its 2015 year end.

The company did however report sales for Q1 2016 coming in at about 10% below their entire sales for 2015. The data to look for which was not reported in the press release of April 12, 2016, is the Cost of Revenues, for the quarter. Shares closed down 15% yesterday on 10 million traded.

There is a current investor alert issued by A.A. McClanahan Jr., Esq. regarding Rocky Mountain High Brands (OTC Pink: RMHB) stating that Rocky Mountain High Brands is the subject of a Civil Litigation Action. The Complaint alleges among other things fraud, concealment, conspiracy leading to damages in excess of $3 million.

Since last Thursday, the stock has climbed 80% only to give it back in the last two trading sessions as it fell below the .05 mark.

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