Friendable Receives $1.6 Million Investment and Completes Technology Acquisition With Access to 8 Million Users

CAMPBELL, CA — (Marketwired) — 10/13/16 — Friendable, Inc. (the "Company") (OTC PINK: FDBL), today announced that it has received an investment commitment in the amount of $1.615 million and in connection with this commitment, the Company has completed the acquisition of live streaming video technology from Hang With, Inc.Under the terms of its agreement with Hang W/, Friendable will receive a royalty free, perpetual license to integrate and utilize the Hang W/ live streaming video