Replies to post #42273 on LGBTQ Loyalty Holdings Inc (LFAP)

[groverdongles]

I just asked that. I know the "LFAP" company makes money based on how well the ETF performs, but why would people by that? It seems like LFAP is going to disintegrate into dust after this

[Dumotier21]

ok I will try and explain this again.

the LGBT ETF is the product. LFAP is the company.

The ETF earns revenue, LFAP recieves the revenue earned.

this is not an exact comparison but its similar in broad concept.

A Bank sells CDs to the public, peope give their money and earn 2% annually for their CD.

The Bank turns around and takes the money they got and invests it ansdd earns 5-6% on loans. They make a profit of 3-4% off of other peoples money. All of the people who bought CDs not just the 1 person buying a CD.


So, do you want to buy a CD, or do you want to buy a piece of the bank selling for less than 3 cents a share at the moment?

If you think its better to be the CD buyer than it is the bank God bless you and good luck.

[Dr PennyStock]

Simple. The ETF is indexed to the price of about 300 companies, and it will give you about 40% interest in one year.

LFAP will make money in commissions, depending of how much money is invested in the ETF, so it could give millions in profits, and the stock can run to dollars, giving 5,000% - 10,000% in profits in a few months.

Now decide yourself what is better. 40% per year, or 5,000% in a few months?