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Tag: Boomerang Corporation

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Lotus Bio-Technology Development Corp, Inc. Initiates Company Name Change

IRVINE, Calif., Aug. 16, 2022 /PRNewswire/ -- Lotus Bio-Technology Development Corp. (OTC:LBTD) is excited to announce today that the company has begun the process of changing its name from Lotus Bio-Technology Development Corp. to Boomerang Corporation. Regarding the name change, CEO Hoyt Christopher said, "This new name more closely reflects the approachable, personalized nature of our current and future business model which aims to empower users by making healthcare easily accessible, customizable, and controllable." Boomerang employs a similar business model to EverlyWell (currently valued at $2.9 Billion) and Hims & Hers, Inc. (currently valued at $1.2 Billion). Boomerang delivers test kits directly to users that include self-collection sample devices. The user then ships thei...