LifeApps (OTC: LFAP) Soars on Birth Control Agreement
Author By Sophia VidaPosted on Shares of LifeApps more than doubled and a hit a new 52-week high on Tuesday, a move that may have been sparked by a recent announcement the company made last week.
On May 26, 2016, LifeApps Brand announced its entry into an agreement with FemCap Inc. The FemCap is an FDA-approved, non-hormonal contraceptive device that is designed to remain in place during sexual activity to prevent sperm from entering the cervix.
LifeApps, a digital media company, is known for a library of available app titles on the Apple App Store, including the tablet magazine YouWorkout (also available on Android Tablets and Kindle Fire).
Shares hit as high as 8 cents on Tuesday.
Disclaimer: We have no position in LifeApps Brands Inc. (OTC: LFAP) and have not been compensated for this article.
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