LGBTQ Loyalty Holdings Inc (LFAP)

[justthefactsmam]

lgbt's volume in not the issue. it seems we need to know the AUM for the ETF.

as i've stated before, if the "creation units" consisted of 25,000 shares and each creation unit sold for around $1 million, the value of each of those 25,000 shares should be around $40/share.

the shares being traded as lgbt are individual shares from a creation unit and those shares have NEVER approached $40/share since trading began.

why is that?

getting ready to sell those 220 million shares certainly suggests the etf is no where near break even. THAT's what is keeping lfap's share price down.