Lotus Bio-Technology Development Corp. announced that it has acquired 100% of Boomerangkit.com, LLC and parent company, Focal Point Inc., with the intent to combine the businesses and assets of the two companies into one operating entity. LBTD announced that Zoltan Nagy will remain on as director, while Hoyt Christopher has been named CEO of the company.

Christopher has been in the health and wellness space for 12 years, acting as owner and operator of multimillion-dollar companies, as well as serving as senior executive for some of the biggest CPG brands in the industry. He is known as a high-energy executive with a keen eye for developing new marketing, sales, and operations strategies. LBTD is dedicated to surrounding Christopher with a winning team, and looks forward to announcing additional board members in the near future.