Golf Trends Favor LifeApps Digital Media, Inc.
August 02 2013 - 8:02AM
Marketwired
Goldman Small Cap Research, a stock market research firm focused on
the small cap and microcap sectors, notes that it is no surprise
that the Golf Core Grip Workout System and mobile app sold by
LifeApps Digital Media, Inc. (OTCQB: LFAP) has enjoyed such
widespread popularity. After all, golf's increasing global
popularity combined with very favorable demographic trends is
clearly in the Company's favor.
For example, in the U.S., an estimated 1 in 5 golfers is a
woman, which is a fairly dramatic change from just 20 years ago.
The rise of women in the business world to the C-level suite has
had a modest impact in certain circles but a big shift in marketing
and thus popularity of professional female golfers in the LPGA has
been an interesting phenomenon as well. Unlike most women's sports,
one can always seem to find avid fans and followers of the
LPGA.
A more dramatic impact has come from Asia where golf has taken
the continent by storm, led in large part by the huge success
garnered by male and female golfers from Asia. In fact, golf is one
of the few sports that can tout large and actively engaged fans
from North America, Europe and Asia.
This engagement by the casual to committed golfer has enabled
LifeApps' Golf Core Grip Workout System to earn high marks and
sales in its online category. Developed by leading golf fitness
experts, the Core Grip is a revolutionary fitness workout system
for golfers that is designed to improve stability, power, distance
and control.
Interestingly, the Company not only benefits from sales of its
system due to the growth in the golf industry but from the
migration of technology utilization as well. A disproportionate
number of golfers that gravitate to workout systems like the Core
Grip, use smartphones and other mobile devices, as compared to
non-golfers, due to demographics and lifestyle choices. Considering
that Core Grip users can record their workouts, take the system
with them anywhere and get additional video instruction with its
mobile app, LifeApps should continue to enjoy meaningful sales of
this product and ensure broad adoption of related offerings in the
golf and other fitness segments.
To view articles, reports, and disclaimers, please visit
www.goldmanresearch.com. This report is the opinion of Goldman
Small Cap Research and was written based upon publicly available
information. LifeApps Digital Media, Inc. has not endorsed or
compensated GSCR for this report.
About Goldman Small Cap Research: Led by
former Piper Jaffray analyst and mutual fund manager Rob Goldman,
Goldman Small Cap Research produces small cap and micro cap stock
research reports, daily stock market blogs, and popular investment
newsletters. For more information, visit
www.goldmanresearch.com.
A Goldman Small Cap Research report is not intended as an
offering, recommendation, or a solicitation of an offer to buy or
sell the securities mentioned or discussed. Please read the
report's full disclosures and analyst background on our website
before investing. Neither Goldman Small Cap Research nor its parent
is a registered investment adviser or broker-dealer with FINRA or
any other agency. To download our research, view our disclosures,
or for more information, visit www.goldmanresearch.com.
About LifeApps Digital Media, Inc.:
LifeApps Digital Media, Inc. (OTCQB: LFAP) is a digital media
company focusing on health, fitness, sports publications, and
next-generation social networks. The company is a leading,
authorized developer, publisher and licensee for Apple iOS --
iPhone, iPod touch, and iPad -- and Android tablets on Google Play
and Kindle Fire and Androids via Amazon Mobile Marketplace. Health,
fitness and sports enthusiasts can benefit from the expertise of
top-tier sports physicians, performance fitness trainers and
professional athletes through LifeAppsĀ® multi-sport and fitness
publications and mobile apps. These subject matter experts create
the skills, drills and workouts that are featured in the family of
LifeAppsĀ® Digital Media products and publications.
For more information, please visit
http://www.lifeappsmedia.com.
Goldman Small Cap Research Rob Goldman, Analyst 410-609-7100
rob@goldmanresearch.com
LGBTQ Loyalty (CE) (USOTC:LFAP)
Historical Stock Chart
From Apr 2024 to May 2024
LGBTQ Loyalty (CE) (USOTC:LFAP)
Historical Stock Chart
From May 2023 to May 2024