LGBTQ Loyalty Holdings Inc (LFAP)

[John Kent]

Indexes are almost back to all time highs lfap is a failed venture racked up $14mill in debt in 1 year with no etf in sight.

$EQLT backed by UBS was a gay etf and shutdown last year with $12.5 mill aum in 5 years due to lack of interest.

$PRID another one only has 3 mill aum in 3 years of operation.

So far in 2020 more etfs have closed down than launched.

LFAP is having issues raising AUM missed their launch date with no new date given. Pride month is about gone and not a peep from the company it speaks volume about how much water the ship is taking on

https://www.google.com/amp/s/www.forbes.com/sites/lcarrel/2020/04/30/more-etfs-closed-so-far-this-year-than-launched/amp/