Lotus Bio-Technology Development Corp. (OTCPK:LBTD) acquired Boomerangkit.com, LLC/Focal Point, Inc. from Focal Point, Inc. and Boomerangkit.com, LLC on July 6, 2022. Lotus Bio-Technology Development Corp intent to combine the businesses and assets of Focal Point, Inc. and Boomerangkit.com, LLC the into one operating entity. Lotus Bio-Technology Development Corp is pleased to announce that Zoltan Nagy will remain on as director, while Hoyt Christopher has been named Chief Executive Officer of the company.

Lotus Bio-Technology Development Corp. (OTCPK:LBTD) completed the acquisition of Boomerangkit.com, LLC/Focal Point, Inc. from Focal Point, Inc. and Boomerangkit.com, LLC on July 6, 2022.