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Did you see any dates for expected response by? All I saw was the filing date. Any kind of SEC action here is good but I'm not sure what we're being protected from after the theft of value of our buy in price happened many years ago. There were several people in on this scam imo. We were informed by a poster here on ihub of Blair's past scam. Too late though.
Id like to know how much they profited from this scam. They still need to be interviewed as material witnesses. They were part of this scam regardless and should have gone public with their suspicions something was wrong. Bobby Blair deserves prison.
https://www.sec.gov/files/litigation/admin/2024/34-100796.pdf
Send Bobby messages on his twitter and linkedIn account.
They did nothing… we’re given free shares of a POS company to be on a dysfunctional board. Bobby Flair pumped and lied and got paid of selling shares… the board members had no idea what was going on..
EVERYONE NEEDS TO CONTACT HIM TO DO SOMETHING WITH SHELL.
I would prefer it to be a criminal case and handled through the SEC and FBI.
CLASS ACTION LAWSUIT DO WE DO IT..not sure how to go about it.
Agreed. There are a lot of people who have lost similarly if not more, including myself. Bobby the crook needs to held accountable
I lost 30k in this pos. Bobby Blair needs to go to prison for life.
Leys not forget the role Barney Frank and Martina Navritilova played in building confidence in the business model.
CLASS ACTION LAWSUIT ANYONE KNOW A LAWYER THAT WILL WORK FOR SHAREHOLDERS
Trust me, I have been. He is a crook.
HE IS VERY ACTIVE ON FACEBOOK--=> https://www.facebook.com/bobby.blair1?mibextid=ZbWKwL CALL HIS AZZ OUT ON FACEBOOK...HE IS POSTING THERE RECENTLY
Yes indeed. Our only recourse is to go after Bobby and his crew
This was a big con job from the beginning. our only recourse is to go after Bobby Blair and the officers. Blair has a history of being a con.
We were fleeced by professional cons.
The time for LFAP to voluntarily deregister from the SEC by filing a FORM 15 and to thereafter become an alternate reporting security on the OTC was after their last posted Financials, ie., the company would have needed to be current in their Financials at the time of deregistering. By going into default by not posting any Financials the company no longer qualified to deregister from the SEC and once the SEC Enforcement files an Administrative Proceeding for the Financials delinquencies it is too late for the company to remedy the delinquent Financials.
This linked post will explain the outcome for LFAP will 100% be revocation of the company's stock registration(s).
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167347498
What if the file a form to no longer SEC report and just stay pink like post of OTC just filing unaudited financials.
It would not matter if any person(s) or entity wanted control or ownership of the shell because the SEC Admin. Law Judges will revoke the company's stock registrations regardless to ownership or changes of control of the company.
The only remedy for LGBTQ Loyalty Holdings Inc after the company's stock registration(s) are revoked is to file a FORM 10 that requires audited Financials for a minimum of the last 2 years of operations. That is usually an insurmountable task because any auditor would have extreme difficulty reconciling all operations and finances prior to the two years of auditing required. Thus, even if LGBTQ Loyalty Holdings Inc wanted to continue business operations it would be as a private company with no public stock, and when companies can no longer use stock for funding operations there is little to no incentive to continue operations whereby the only source(s) of revenues could come from operations.
Hi Renee thats for the response....Can a custodian take the ticker or the note holder(s)? Can the shell be sold?
With all OTC stocks that receive an SEC Admin. Proceeding for severely delinquent Financials the SEC will move to have LFAP's stock registration(s) revoked. When, not if, that happens the LFAP ticker will no longer exist and the stock will not be allowed to trade on any public market. Essentially, LGBTQ Loyalty Holdings Inc will become a private company. Shareholders will still own their shares but the shares can never be traded at any price, on any public market.
In the meantime LFAP will be on the Expert Market with no displayed bids or asks.
Bottom line is for shareholders to get rid of their shares while they can before they will own them forever with no value.
Hi Renee...you're the best on DD. What happens next here?
LFAP SEC Admin. Proceeding for severely delinquent Financials:
https://www.sec.gov/files/litigation/admin/2024/34-100796.pdf
https://www.facebook.com/bobby.blair1?mibextid=ZbWKwL CALL HIS AZZ OUT ON FACEBOOK...HE IS POSTING THERE RECENTLY
ALL SHOULD CALL HIM OUT ON HIS ASS ON FACEBOOK...NOT PM ON HIS POSTS.
https://www.facebook.com/bobby.blair1?mibextid=ZbWKwL
How the hell isn’t this guy Bobby Blair not in jail yet?
Mr. Scammer low life Bobby Blair needs some jail time.
He’s a real POS and should not be allowed to promote any business
Can also leave comments about what a POS he is here
https://www.facebook.com/HappeningOutTV?mibextid=ZbWKwL
Don't know his number but you can message him on Facebook, less than a 1% chance that he replies though lol.
https://www.facebook.com/bobby.blair1?mibextid=ZbWKwL
You would think note holder or some custodian would come in here with clean shell and low shore count
HOPEFULLY something comes into shell or something.
Just noticed the share structure was updated in 6/9/24. Considering how delinquent this stock is in reporting anything, why would someone think it's important to update the share structure?
It takes money. Money that we were fleeced of.
I guess an option would be to see if note holders want the shell or it goes to courts for custodianship....how do we get that ball rolling.
I'm all for it. We need to go after Barney Frank and Martina Navratilova too. They lended their name to add credibility and also took advantage of us. Bobby Blair should be a target of the SEC. We were lied to. I lost big here.
Presently on tiktok doing videos about REIP Tokens. That's his latest enterprise as he also has it updated on linkedin. Let us say hello to Bobby. Reip token also has a website.
I assume this : https://reiptokens.com/investing/
Pass this on someone take take custodian in the courts since the pos BOBBY BLAIR SCREWED US....let's all go after him. Who has his current info.???????????
Hopefully the note holders take over and we get a business merged in....And your right Bobby will get his in someday.
He's moved onto a new scam. People like him have horrible endings. He has no conscience. He's a psychopath. And so are the other con artist posters who encouraged people to hold onto this pos as it tanked.
Yep will probably sit EM for a while still. Maybe someone swoops in here and takes it over. SS still decent all things considered.
SEC revocation is next. Bobby the crook has abandoned this a long time ago.
Way to go Bobby! Expert Market
What an absolute Douchebag!
He implied everything was going well and so did many posters. I think they were all in on it.
HOW DO WE GET A HOLD OF THE POS CEO! WE ALL NEED TO TRY!
I am glad you see that… still expecting merger? Lol
Yes...I see that, but can someone pick up the shell in the courts/custodianship?
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Confirmation Regulation FD applies to social media April 2, 2013
https://www.sec.gov/news/press-release/2013-2013-51htm
LFAP Acquires LGBT Loyalty to Create the First-Ever LGBT Loyalty ''Preference'' Index Traded Fund
ACCESSWIRE February 14, 2019 https://finance.yahoo.com/news/lfap-acquires-lgbt-loyalty-create-141500544.html?soc_src=strm&soc_trk=fb&fbclid=IwAR2qb6TXwHzF6OtARB9eg_DEg_pIHNuA0KxsKR137bR4HeVIHLBd71B3d3Q
WILTON MANORS, FL / ACCESSWIRE / February 14, 2019 / LifeApps Brands Inc., (OTC PINK: LFAP) ("LifeApps"), an emerging growth digital media company, has purchased LGBT Loyalty LLC, a New York limited liability company from Maxim Partners, LLC, a New York limited liability company. Through LGBT Loyalty, LifeApps intends to create, establish, develop, manage and capitalize a LGBT Loyalty (ETF) Index Traded Fund, supported through newly created dynamic business channels. ''Connecting the world's most supportive LGBT companies to the dynamic loyal and time-tested spending power of the LGBT community is a consequential step forward for the LGBT movement and investing community,'' said Bobby Blair, CEO of LifeApps. ''The acquisition of LGBT Loyalty from Maxim Partners provides us with a tremendous opportunity to make a major impact to the LGBT community we intend to serve.''
The LGBT Loyalty (ETF) Index Traded Fund is expected to be the first ''preference'' index fund to survey a representative group of LGBT consumers to determine the top public companies that best support and are supported by the LGBT community. We expect the S&P 500 to represent the universe of companies surveyed. Expert LGBT economists have repeatedly stressed the value of the LGBT brand loyalty to corporations. We believe the companies that best capture the spending trends and loyalty of the LGBT consumer will be better positioned for financial growth and success. In 2017, LGBT consumer buying power was over $917 billion in the US market alone. Our business strategy is targeted to part of the $3.7 trillion purchasing power of the LGBT consumer demographic worldwide.
More than 450 million people identify themselves as LGBT worldwide and the LGBT community is composed of some of the most loyalty driven consumers in the world. Same-sex households have a 23 percent higher median income compared to mainstream households. The LGBT consumer is 1.23 times more likely to buy brands that reflect their lifestyle and 1.56 times more likely to consider themselves a spender rather than a saver. Fortune 500 companies have mandated diversity and equality as part of their marketing profiles, and we intend to become a leading conduit between this incredibly powerful consumer group and respective LGBT social-impact driven companies around the world.
SEC final ruling on rule 6C-11 for open ended management ETF’s September 26, 2019
https://www.sec.gov/news/press-release/2019-190
Reference Page
https://lgbtqloyalty.com/reference-page/
Blueprint & Latest News
Initial Capital November 4, 2019
https://www.sec.gov/Archives/edgar/data/1704174/000165495419013088/etf_exl.htm
Registration statement Form N-1A filed November 15, 2019
https://www.sec.gov/Archives/edgar/data/1704174/000165495419013088/etf-t1_n1aa.htm
Registration statement Form N-1A filed December 10, 2019
https://www.sec.gov/Archives/edgar/data/1704174/000165495419013782/etf-t1_n1aa.htm
short-form registration statement, Form 8-A filed January 6, 2020
https://www.sec.gov/Archives/edgar/data/1704174/000165495420000126/etf_8a12b.htm
Statement of Additional Information (“SAI”) ,Form-497 filed January 14, 2020
https://www.sec.gov/Archives/edgar/data/1704174/000165495420000395/etf_497.htm
LGBTQ100 ESG Index Reconstituted Ahead of LGBTQ + ESG100 ETF Launch May 14, 2021 12:03 ET
https://www.globenewswire.com/news-release/2021/05/14/2230111/0/en/LGBTQ100-ESG-Index-Reconstituted-Ahead-of-LGBTQ-ESG100-ETF-Launch.html
LGBTQ + ESG100 ETF Trading Symbol: LGBT Summary Prospectus May 14, 2021
https://www.sec.gov/Archives/edgar/data/1704174/000089418921003087/procureetftrusti497klgbt.htm
Video: LGBTQ Loyalty (OTC Pink: LFAP), (NASDAQ: LGBT) Emerging Growth Conference 5/26/21
https://www.youtube.com/watch?app=desktop&v=yk-zYu7rJak
LGBTQ Loyalty Announces $10M Financing Commitment From NYC-based Investment Group May 28, 2021 9:28AM
https://www.otcmarkets.com/filing/html?id=15000298&guid=p1RUkKQ9u5KFpth#EX99-1_HTM
CNN write-up: June is Pride Month, Wall Street has taken.notice, Tue June 1, 2021
https://www.cnn.com/2021/06/01/investing/pride-month-lgbtq-stocks/index.html
CNBC Video: What to know about the world’s first LGBTQ ETF for pride month, Wed June 2, 2021
https://www.cnbc.com/video/2021/06/02/what-to-know-about-the-worlds-first-lgbtq-etf-for-pride-month.html?&qsearchterm=etf
Market Watch Opinion: There’s a new LGBTQ-focused ETF — here’s how it differs from two others that failed June 4, 2021
https://www.marketwatch.com/story/theres-a-new-lgbtq-focused-etf-heres-how-it-differs-from-two-others-that-failed-11622821358
LGBTQ100 + ESG ETF
Shares will be listed on Nasdaq, Inc.
To start off LFAP is the creator of the LGBTQ Index 100
utilizing ProcureAM’s PAL (Procure Asset Launchpad) in which
ProcureAM helps bring ETF ideas to life. In this situation LFAP = Creator
of LGBTQ Index 100 and ProcureAM = ETF Fund Manager.
ProcureAM charges a manager fee of 25BP (or in layman terms .0025%)
for Assets Under Management.
The LGBTQ ETF Index 100 charges a management fee of 75BP
(.0075%) on all Assets Under Management. ProcureAM is paid 25BP
(.0025%) for duties as acting manager of the fund.
For Example: LGBTQ Index 100 has $1,500,000,000 AUM
LGBTQ Index 100 Management Fee:
$1,500,000,000 X .0075 = $11,250,000
LFAP keeps 50BP (.0050%) and ProcureAM is paid 25BP (.0025%) as
acting manager of fund.
LFAP revenue = $1,500,000,000 X .0050 = $7,500,000
ProcureAM revenue = $1,500,000,000 X .0025 = $3,750,000
What many here don’t realize, we are entering a whole new realm
of investing with this first ever “Preference Based Index”. This
will be the first index ever where a selected/targeted group will
select the companies that make up the ETF. Also, as technology
advances, our ETF’s performance will be for-seen by using Big
Data Analytics, AI, and Machine Learning. We are looking at a
new way to beat the market by using big data as raw material,
combined with machine learning, to build ETF portfolios that
could potentially outperform active management — even actively
managed ETFs.
You can read more about Big Data and ETF’s in this link
rovided. Also watch the video within the article of Rob Tull
explaining the technology:
https://www.google.com/amp/s/www.cnbc.com/amp/2019/08/24/artificial-intelligence-and-machine-learning-are-the-next-frontiers-for-etfs.html
This is where Fuzzy Logix is tied in with our LGBTQ Index 100.
Fuzzy Logix uses high powered Graphics Processing Units which
can sort through data at an alarming speed. The software from
Fuzzy Logix ultimately helps predetermine which companies will
outperform the market. More can be explained in this video
attached:
https://youtu.be/V8HBSfawGa8
This is how the our ETF (LGBTQ Index 100) was predicted to
outperform the S&P 500 (see slides 8 & 9 of attachment:
https://drive.google.com/file/d/13a-yxFXVBtt8GZXN7WmcCuu1U7i9r_5V/view
Revenue for LFAP will be accrued in 3 ways:
•Advertising
•Sales of Corporate Loyalty Program/ Loyalty Packages
•ETF Management Fee
The average ETF costs about $250,000 a year to maintain based on
complexity. Our Breakeven for our ETF is approx $40,000,000 AUM.
With this in mind, our ETF will have a yearly maintenance fee of
$200,000 given $40,000,000 X.0050 = $200,000.
More on expenses of ETF’s can be read here:
https://www.etf.com/sections/features-and-news/cost-run-etf?nopaging=1
This ETF is rumored to be the next big thing in the ETF world.
HACK accrued $1,500,000,000 AUM in approx 6 months of operation.
We could possibly match pr exceed HACK’s AUM.
LFAP has little to no overhead:
•Rent
•Salaries
•ETF Maintenance Fee’s
LFAP has 3 revenue streams: Advertising, Loyalty Packages, and ETF management fees.
Latest videos released 9/24 from BODs on YouTube
Robert Tull
https://youtube.com/watch?v=Mv-bTvK3acE
Billy Bean
https://youtube.com/watch?v=o0iXwXina7s
Barney Frank
https://youtube.com/watch?v=ckeEJMXObmk
Bobby Blair
https://youtube.com/watch?v=GPws-ia3Gcw
Company Contact:
LifeApps Brands Inc.
2435 Dixie Highway
Wilton Manors, FL 33305
info@lifeappsmedia.com
(954) 947-6133
https://lgbtqloyalty.com/
SOURCE: LifeApps Brands Inc
Share Structure
Chart Source: ~~~ https://www.marketscreener.com/LGBTQ-LOYALTY-HOLDINGS-IN-58457883/
Chart Source~~~ https://www.stockscores.com/charts/charts/?ticker=LFAP
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