FRIENDABLE, INC. : Entry into a Material Definitive Agreement, Financial Statements and Exhibits (form 8-K)

Item 1.01 Entry into a Material Definitive Agreement

On October 6, 2022, Friendable, Inc. (the "Company") entered into an agreement with the Centillion Group Inc with respect to the distribution online and offline, and monetization of certain data acquired by the Company in the course of its business. The Company will be entitled to receive, as a one time, first money payment, the first $100,000 of sales generated from this data sharing arrangement, with a revenue share of 38% of such data revenues thereafter, increasing to a 40% share in year two of the agreement. The initial term of this agreement is for 3 years from October 6, 2022, automatically renewing for 2 year increments unless either party terminates upon no less than 120 days notice prior to the end of the initial or renewal terms.

The above description of the transaction is qualified in its entirety by reference to the Collaboration Agreement attached hereto as an Exhibit.

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Item 9.01 Financial Statements and Exhibits.

Exhibit
Number   Exhibit
  10.1     Collaboration Agreement by and between Friendable Inc and  Centillion
         Group Inc.

104      Cover Page Interactive Data File (embedded within Inline XBRL document).


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