Replies to post #37113 on LGBTQ Loyalty Holdings Inc (LFAP)

[John Kent]

IF they had any AUM of consequence ETF would have launched. If their is hardly any AUM it will trade like LFAP with very little volume and sellers.

Go try trading an ETF with $10mill AUM or less and let me know your experience.

Anything less than $40mill is a money loser which means LFAP has to dilute more to meet expenses.

They won't get $5mill in the next 2 years very few ETFs raise that much in 2-3 years based on history.

Everyone laughed when I raised this issues months ago but here this sits no ETF or communication from Bobby and co on where things stand.

But hey it had historical support right?