A couple other ETFs that track LGBT equality in the workplace are PRID and EQLT which both have worked out well. Im not sure yet how this would affect current shareholders of LFAP, but the company owning an ETF like this would bring value I havent seen before.
Lol that is a bunch of BS that they wrote. First it says and/or (they will only create a loyalty reward program) as they know the NASDAQ would never approve an ETF as there are not enough measurable stocks out there to be included. What they wrote has nothing to do with how an ETF works.
Do I smell Cannabis/CBD +++++++++ Through LGBT Loyalty, we intend to create, establish, develop, manage and fund a LGBT Preference Index, LGBT Exchange Traded Fund and/or LGBT Loyalty Sponsor Fund.