There is only 8m coming available this week

Then up to 15-50m depending on conversion for the April 03 which will be convertible come Sep/Oct

It’s not a s**m, it’s just taking longer for people to realize their value so they’re getting short-sighted... I trust the team in place and look forward to the upcoming developments as they happen!

The ETF will pay LFAP 0.75% managed funds (or assets under management), that’s the typical “management fee” and there’s also a potential % for expense ratio...

So one $1B AUM, LFAP would be paid a “management fee” of $7.5m per annum... MAXIM would likely share in that amount too...

and then 0.25% is typically allocated to shareholder servicing

I really don’t care about the day to day price movements, I’m just saying that there are shares coming free which may have a short-term impact on the price...

I’d love to see 0.04 so then I can take advantage of the 5-VWAP conversion at a 20% discount to get closer to my conversion floor of 3c... I’d still have to hold for 180 days though from March 26

I know the person holding 50% of that 8m Common Stock and they come free this week for trading once he gets his letter of opinion and then the shares are transferred to his trading account...

01/07/2019-07/07/2019 = 181 days....

So then that $40k transaction took place Jan but was disclosed to me as Feb, and is free to trade this week

*pre-Feb

I can’t comment on anything per-Feb as I don’t know the specifics but this week is the week that Feb 19 preferred or locked up open market shares become free to trade. Not all though as some agreed to be locked up for a further 6 months as we’ve spoken about.

Just to add to my note, they are only allowed to convert a small % of the daily average volume as well, so while the volume stays low, those who purchased $20,000 worth @ 0.005 will only be able to convert a small amount

I know for a fact 100% that there are locked up shares coming free this week - they were purchased in early Feb 19 at 0.005 by friends and family - on a 6 month lock up for initial funding... so what I say is not “speculative” - maybe they didn’t expect the price to rise so significantly and then fall back, who knows... but I’m holding preferred shares atm which were purchased 03/26 and are part of the 04/03 funding transaction....

This is 100% conversions coming available to trade, you’re either holding through this or averaging down. Prospectus for the ETF gets filed through Procuream soon, there should be more news coming our way... I’m holding and it’s tough to watch but looking to add some more soon.

Technicals are resetting though

I don’t disagree with that, I think they have interest in keeping it down until creation of the ETF

MAXIM, Bobby, BOD reputation... it’s all of them and reputations risk is at play... still 29 days in May to watch further events unfold

Is good for those who are new they can weed out her bs

All shares issued are restricted stock which means they’re locked for 180 days and cannot be touched!

Learn to Read Apostle - $25k Annually, compensated monthly

Keep up the good work posting, it makes people realize you’re just here to shoot the sh*t

Doesn’t get any better or more accomplished than this...

Mr. Tull will be leading in the creation and execution of our LGBTQ Preference Index

From 2005 to 2019, he has been a consultant to many ETF issuers in the U.S. and international markets.

From 2000 to 2005, Mr. Tull was the Vice President of New Product Development at the American Stock Exchange LLC (AMEX) and Executive Director of AMEX ETF Services, the international ETF consulting arm of the AMEX.

Mr. Tull led the development of over 275 ETFs across equities, commodities, currencies, money markets, active strategies, and fundamental and factor indexes.

Prior to this he held several senior banking roles

My sources tell me good things are coming... and they are currently working with Bobby on seeking mutual fund engagements

Don't forget about ESPN as a sponsor as well and that's just the start

Look at you popping up trying to scare people to sell you cheapies

Last time you were here was the last rise in price.

Your old tricks won't work with us here

Good day for longs here :) congratulations to the believers, holding for 0.5-$1

100% can't expect every week to be huge % gains that's unsustainable, still more developments/news to come

I’m sorry for your loss

Wrong fund - it’s going to be June

Again Shares are moving to stronger and stronger hands, those who bought yesterday are going to want 0.5+ - laughable that people set stop losses in OTC, be a couple took some losses yesterday on stupid trading...

Definitely a bullish feel here

I’m going to pick that it stays slow and steady for a bit here. We should continue to channel trade, unless a catalysts pushes this

Today’s action proves that it was purely one idiotic seller yesterday

$LFAP LONG AND STRONG

1 impatient seller

Maxim is definitely controlling this, we should see continues upward momentum today.

Bobby was meeting with Billy Bean this week, so I assume while also filing the 8k and closing out that funding he was also talking to Billy Bean about potential opportunities with the MLB.

This is going to be huge and MAXIM understands the potential here

For the OTC funding doesn’t get any better than this. I would expect that there might be some continued churning in this range so a good opportunity for newbies to grab shares.

Nothing has changed for $LFAP, just a single idiotic seller.

That dip was ~700k shares out of a a total of 13m traded for the day. A drop in the ocean. Looking back another 30-40m+ traded between 0.13-0.19 for the past 3/4 weeks....

BREAKING DOWN THE 8K:
- $LFAP gets funding for $1.5m “Working Capital”
- 1,500,000 allocated “Series B Preferred Stock” at a $1.15 (so on conversion 1,725,000 - the “Conversion/Dividend Stated Value”).
- IF Maxim/LFAP choose to buy back Series B Preferred Stock, they can do do at $1.35 (the “Redemption Stated Value”)
- no stock can be converted for at least 180 days
- at 24 months the stock will automatically convert, either at (1) 0.10 if the share price is above 0.10 or (2) a 20% discount to the lowest volume weighted average price during the five (5) trading days immediately prior to the automatic conversion date.
- The Series B Convertible Preferred shall have no voting rights. So this is PURE FUNDING until converted.

Tell me where the bad news is...? Nothing but positive news here!

For full transparency:
- 1,725,000 would at 0.10 be converted to 17,250,000;
- at worst case 0.03 floor would be converted to 57,500,000 in to the OS

So upon conversion it would lead to 17,250,000 to 57,500,000.

But I do know that 14,950,000 (86.86%) at 0.1 is locked up by an Institutional Investor who will not toxically convert as they already have a large interest in the success of $LFAP (you can probably guess who) - so when looking at worst case, the amount of shares not locked up by the Institutional Investor are 2,300,000 to 7,666,667

People need to realize what a gem we have here instead of letting one person choosing to stupidly dump take away from what is happening here with this company

BREAKING DOWN THE 8K:
- $LFAP gets funding for $1.5m “Working Capital”
- 1,500,000 allocated “Series B Preferred Stock” at a $1.15 (so on conversion 1,725,000 - the “Conversion/Dividend Stated Value”).
- IF Maxim/LFAP choose to buy back Series B Preferred Stock, they can do do at $1.35 (the “Redemption Stated Value”)
- no stock can be converted for at least 180 days
- at 24 months the stock will automatically convert, either at (1) 0.10 if the share price is above 0.10 or (2) a 20% discount to the lowest volume weighted average price during the five (5) trading days immediately prior to the automatic conversion date.
- The Series B Convertible Preferred shall have no voting rights. So this is PURE FUNDING until converted.

Tell me where the bad news is...? Nothing but positive news here!

For full transparency:
- 1,725,000 would at 0.10 be converted to 17,250,000;
- at worst case 0.03 floor would be converted to 57,500,000 in to the OS

So upon conversion it would lead to 17,250,000 to 57,500,000.

But I do know that 14,950,000 (86.86%) at 0.1 is locked up by an Institutional Investor who will not toxically convert as they already have a large interest in the success of $LFAP (you can probably guess who) - so when looking at worst case, the amount of shares not locked up by the Institutional Investor are 2,300,000 to 7,666,667

BREAKING DOWN THE 8K:
- $LFAP gets funding for $1.5m “Working Capital”
- 1,500,000 allocated “Series B Preferred Stock” at a $1.15 (so on conversion 1,725,000 - the “Conversion/Dividend Stated Value”).
- IF Maxim/LFAP choose to buy back Series B Preferred Stock, they can do do at $1.35 (the “Redemption Stated Value”)
- no stock can be converted for at least 180 days
- at 24 months the stock will automatically convert, either at (1) 0.10 if the share price is above 0.10 or (2) a 20% discount to the lowest volume weighted average price during the five (5) trading days immediately prior to the automatic conversion date.
- The Series B Convertible Preferred shall have no voting rights. So this is PURE FUNDING until converted.

Tell me where the bad news is...? Nothing but positive news here!

For full transparency:
- 1,725,000 would at 0.10 be converted to 17,250,000;
- at worst case 0.03 floor would be converted to 57,500,000 in to the OS

So upon conversion it would lead to 17,250,000 to 57,500,000.

But I do know that 14,950,000 (86.86%) at 0.1 is locked up by an Institutional Investor who will not toxically convert as they already have a large interest in the success of $LFAP (you can probably guess who) - so when looking at worst case, the amount of shares not locked up by the Institutional Investor are 2,300,000 to 7,666,667

BREAKING DOWN THE 8K:
- $LFAP gets funding for $1.5m “Working Capital”
- 1,500,000 allocated “Series B Preferred Stock” at a $1.15 (so on conversion 1,725,000 - the “Conversion/Dividend Stated Value”).
- IF Maxim/LFAP choose to buy back Series B Preferred Stock, they can do do at $1.35 (the “Redemption Stated Value”)
- no stock can be converted for at least 180 days
- at 24 months the stock will automatically convert, either at (1) 0.10 if the share price is above 0.10 or (2) a 20% discount to the lowest volume weighted average price during the five (5) trading days immediately prior to the automatic conversion date.
- The Series B Convertible Preferred shall have no voting rights. So this is PURE FUNDING until converted.

Tell me where the bad news is...? Nothing but positive news here!

For full transparency:
- 1,725,000 would at 0.10 be converted to 17,250,000;
- at worst case 0.03 floor would be converted to 57,500,000 in to the OS

So upon conversion it would lead to 17,250,000 to 57,500,000.

But I do know that 14,950,000 (86.86%) at 0.1 is locked up by an Institutional Investor who will not toxically convert as they already have a large interest in the success of $LFAP (you can probably guess who) - so when looking at worst case, the amount of shares not locked up by the Institutional Investor are 2,300,000 to 7,666,667

BREAKING DOWN THE 8K:
- $LFAP gets funding for $1.5m “Working Capital”
- 1,500,000 allocated “Series B Preferred Stock” at a $1.15 (so on conversion 1,725,000 - the “Conversion/Dividend Stated Value”).
- IF Maxim/LFAP choose to buy back Series B Preferred Stock, they can do do at $1.35 (the “Redemption Stated Value”)
- no stock can be converted for at least 180 days
- at 24 months the stock will automatically convert, either at (1) 0.10 if the share price is above 0.10 or (2) a 20% discount to the lowest volume weighted average price during the five (5) trading days immediately prior to the automatic conversion date.
- The Series B Convertible Preferred shall have no voting rights. So this is PURE FUNDING until converted.

Tell me where the bad news is...? Nothing but positive news here!

For full transparency:
- 1,725,000 would at 0.10 be converted to 17,250,000;
- at worst case 0.03 floor would be converted to 57,500,000 in to the OS

So upon conversion it would lead to 17,250,000 to 57,500,000.

But I do know that 14,950,000 (86.86%) at 0.1 is locked up by an Institutional Investor who will not toxically convert as they already have a large interest in the success of $LFAP (you can probably guess who) - so when looking at worst case, the amount of shares not locked up by the Institutional Investor are 2,300,000 to 7,666,667