The rally in the Lingerie Fighting Championships Inc (OTCMKTS:BOTY) stock continued on Monday and it continued to demonstrate strong momentum as well amidst heavy interest from investors.
Yesterday, the stock soared by 16% as investors continued to pile on to it in a big way and that took its gains over the course of the past week to as much as 80%. In light of this significant gains recorded by the stock, it could be a good idea for investors to note that last week the company announced the launch of its channel named LFC Network on Roku.
In order to launch the channel, Lingerie Fighting Championships got into a partnership with Scuffle Inc. That potential launch of the channel is a major development for the company since it is going to broadcast all LFC events and also provide a dedicated platform from which the talents could be showcased to a wider audience.
Shaun Donnelly, who is the Chief Executive Officer of the company, stated that it has been a long term goal of the company of launching a dedicated channel of the nature. However, it had not been done so far since Lingerie Fighting Championships did not have enough content.
Market Reaction:
On Monday, BOTY stock soared 17% at $0.0028 with more than 345.85 million shares, compared to its average volume of 58.01 million shares. The stock has moved within a range of $0.0025 – 0.0032 after opening the trade at $0.0025. Over the past 52-week, the stock has been trading within a range of $0.0000 – 0.0089.
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