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In 2019 when LFAP hit .26 I believe the float was around 275M vs 414M now. I remember that I had as many shares as Barney Frank.
They know what they are doing and they’ve done a nice job of maintaining a nice share structure for investors.
Never a better time to be holding LFAP shares IMO.
Easy money from here
Ran to .26 just on the announcement of the planned ETF. Almost time for LFAP to start skipping pennies again.
Christmas in September will only last so long
LFAP hit .26 on just the announcement of the ETF a couple of years ago, when the float was close to 300M shares. When AUM news hits it’s going to be explosive.
Obvious that people are loading here
Can’t believe I got to add .006s. It really is like Christmas in September.
The big retail holder dumping millions of shares to retail longs will make this even thinner on the way back up. Easy money from here with updates coming soon.
Anyone who wants to dump down here will have plenty of takers for their shares. It won’t be long before LFAP is skipping pennies again.
Some of us know where this is going... which is why no one is selling down here. Easy money.
Someone fumbled 2 million shares at the 1 yard line...
Update is imminent and will send it
No kidding. Can’t believe I get to add down here. Updates coming soon.
Lots of misinformation on this board... if you think LFAP is issuing 220M shares, you might want to ask Bobby about the actual plan. 413M float and floor is UFO ETF value... LFAP will be skipping pennies again soon.
Easy money down here.
Always be ready in case someone has to sell a little before the Friday bell to pay the rent. Bottom is in and huge upside from here. Have a great weekend everyone.
Nice reversal today... this is just getting started.
You’ve posted numerous times suggesting promoting LFAP vs the ETF. Everyone understands it’s the ETF that will be producing the revenue for LFAP.
As someone stated before, your contention that LFAP shouldn’t promote the ETF makes no sense, and would be like suggesting Apple should have promoted Apple and not the IPhone.
You might want to check with the SEC, because LFAP CEO Bobby Blair tweeted last night “Our ETF marketing campaign is launching in the next few days.”
Lol, Bobby didn’t just figure out they needed SEC approval... it was submitted long ago and just took longer than expected. Now the process is finished and the marketing campaign will begin.
So many are going to be scrambling to get back in LFAP next week.
Easy money down here
This will move back up quickly. It’s just a question of which day we start seeing the media blitz. And btw Bobby is very responsive to those who have been supportive of LFAP.
Marketing campaign has been planned for months and starts on Monday. August is going to be a fun month for LFAP
Soon, there will magically be few shares under .02
Anyone watching the price action the last few weeks can tell it’s just been Ask pressure applied to get retail to bail before next week
Can’t ask for much more than a three-week walk down to bottom it two days before the start of a marketing campaign
Just two trading days until the beginning of the marketing campaign. Big volume today.
We’ve all seen this formula so many times... walk it down slowly for two weeks to load shares from the impatient and those who need the money, then let it move up quickly so the sellers panic buy back in much higher
Sometimes it’s just too easy lol
LFAP simply wants the option to pay down the GHS credit line draw with shares.
So the facts are:
- GHS provided a $10M line of credit
- GHS is willing to take shares rather than cash to pay back the credit drawn by LFAP
And as shown in the S1, they aren’t saying they will need to issue GHS 220M shares. They may issue 25% of that, 50% of that... Just depends on how fast they add AUM.
Again, if you want an idea of projected AUM check other ETFs like UFO... then compare common variables such as influence of BOD members, attractiveness of niche, and historical performance compared to the market indexes.
Lots of speculation on this board... and so little of it is accurate
I asked Bobby last night and he responded within minutes. Things are progressing perfectly with LFAP.
LFAP has a $10M line of credit and limited expenses. Float looks locked and marketing campaign starts a week from Monday. Uplisting and Nasdaq bell ringing coming soon. Huge upside from these levels.
Yes, they couldn’t secure the $10 million line of credit until the lender was confident that they were going to be bringing in plenty of AUM.
- no dilution
- huge marketing campaign imminent.
- most influential and connected BOD in the history of the OTC
- a handful of investors appear to have locked up the float at these levels
Perfect storm coming IMO.
If you’ve loaded, sit back and wait for the ride to begin. There won’t be any more shares made available, and they couldn’t keep LFAP a secret even if they tried.
Have a great weekend everyone.
Very well said. I wouldn’t mind more low volume walk down continuing into next week, so I can load more before the race to build positions starts... this is a rare OTC with no red flags and a huge marketing campaign imminent.
The best part is that dilution is off the table, which is so rare for an OTC. Only 380 million float and we are locking it up on low volume push downs.