Boston, MA 09/09/2013 (wallstreetpr) –LifeApps Digital Media Inc. (OTCMKTS:LFAP) a digital media company mainly focuses on fitness, sports publications, health and next-generation social networks. It is leading, publisher, authorized developer, and licensee for Apple iOS – iPhone, iPad and iPod Touch – and Android tablets on Kindle Fire and Google Play and Androids. People who are excited about fitness, health and sports will benefit from the expertise of top-tier performance fitness trainers, sports physicians, and professional athletes via LifeApps multi-sport and mobile apps and fitness publications.
LifeApps is an emerging growth company, which designs applications, products, new media and next-generation social networks for fitness, health, sports and entertainment enthusiasts. Rachel Buehler an advisor board member of LifeApps, won Portland Thorns FC over the Western New York Flash, 2-0 in the inaugural NWSL Championship.
David S. Dawson VP of Operations at LifeApps said “We are very proud of Rachel and what Portland Thorns FC accomplished Saturday night at Sahlen’s Stadium. The Western New York Flash is a very good team,” and further added “The strong defense of the Thorns, led by Rachel, managed to hold Abby Wambach scoreless. And they did it a player down for the final 34 minutes! It was an exciting game. And to top it off, Rachel scored her fifth international goal with the US Women’s National Team Tuesday night against Mexico. It’s been a great week for Rachel.”
Rachel Buehler who in the Algarve Cup joined the US Women’s National Team in 2008 was a standout player for Stanford, has also won two Olympic Gold Medals along with the team and also made to the Women’s World Cup Final in 2011. In January Together with Tobin Heath and Alex Morgan she was allocated to the Portland Thorns FC as one of three members of the US Women’s National Team. She is 29th woman to have over 100 appearances with the US Women’s National Team.
Robert Gayman, the CEO of LifeApps said “Rachel really embodies the quality of athletes and fitness experts that are associated with the LifeApps and Sports One Group brands and community of subject matter experts.”
A stock market research firm that focuses on small cap and microcap sectors named Goldman Small Cap Research is bullish on LFAP with an opinion that the company is in a position to monetize the positive trends in the digital publishing industry which is booming. This industry has gained 83% in n digital readership from spring 2012 to spring 2013 which is massive.
A recent survey by The Mequoda Group revealed that 57% of the respondents preferred tablet rather than smart phones. This shows the growth of the digital publishing and interactive apps is enormous. Be it smart phones or tablet, LifeApps is clearly going to gain from growth in this segment.
LifeApps with new content in the offering is poised to broaden its profile and readership reach over the coming quarters. What is interesting to see is that the stock has fallen multiple times and every time it has fallen there has been accumulation from smart investors and the ultimate results was they have benefitted.
Every time the stock has fallen and made a bottom the stock has rebounded by as much as 75%, Hence it is safe to presume that there has been considerable amount of interest from smart investors and the accumulation is also happening at lower levels.
Whenever LFAP has fallen the stock has smart investors buying in at lower levels, currently TrendSpotter is showing a buy along with 20-50 Day MACD Oscillator also the stock is trading above 50-Day moving average.