InvestorsHub Logo
Followers 544
Posts 12941
Boards Moderated 4
Alias Born 06/22/2007

Re: Duey18 post# 29078

Monday, 07/01/2019 1:17:10 AM

Monday, July 01, 2019 1:17:10 AM

Post# of 47901
LFAP is creating the ETF, is the Index Provider and will receive revenues from licensing the Index.

* LFAP is the "authorized participant" from definition of an ETF
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=149644812

* More "authorized participant" detail: see pg. 14 under 'Business Overview'
* Expected revenue at breakeven: see pg. 17 under 'Revenue'
https://www.sec.gov/Archives/edgar/data/1510247/000161577419008113/s118370_10q.htm