Life Clips Inc (fka LCLP)

[Dolly Llama]

Today's 8-K, and the false letter to shareholders.

Here is the 8-K that was filed otday, 8/16/18. And below is the letter to shareholders that was released on the EIN news site on August 9th, but was later removed. The company says they did not issue the letter.

Today's 8-k

Item 8.01. Other Events


An unauthorized news release making statements about Life Clips was released by an unknown party on August 9, 2018. Life Clips did not authorize the news release and disclaims any statements made in the news release. The Company learned of the release on August 15, 2018 based upon an inquiry from a shareholder.



The news release was distributed through a news release distribution service that has since removed it from their site. It does not appear that the news release was widely disseminated or picked up by search engines or other news distributors.

And now below is the news release in question that was posted to the EIN news site on August 9th and later removed. The company stated in the above 8-K that they did not issue this news release:

AVENTURA, FLORIDA, UNITED STATES, August 9, 2018

/EINPresswire.com/ -- Life Clips, Inc. (OTC PINK:LCLP) (the “Company”) wishes to update shareholders as to recent events and to prepare them for several exciting activities that will transform Life Clips into a revenue producing, profitable company in the cannabis business. Life Clips is in discussions with a private company in the cannabis industry regarding an acquisition that will transform Life Clips into a quick growing cannabis company that investors will be proud to be a part of and to grow with.

Since becoming part of Life Clips, Inc. Management in January 2017, I have worked to execute the Company’s defined plan to expand into the cannabis businesses.

We believe cannabis is the most important medicinal plant on Earth and has the power to transform human health and wellness. With medical research and clinical data validating cannabis’ medicinal value, coupled with patients seeking safe alternatives for addictive prescription opioids and the American public wanting legal access, the future for Life Clips looks bright.

I want to take this opportunity to thank everyone at Life Clips, Inc. who has worked on identifying and selecting the new acquisition candidate that will bring exponential growth and value. And thank our shareholders for your patience and continued support during this process. Your time is now.

Aside from that, we have been working diligently with our accountants and legal representation to update our filing information on OTC Markets Pink to return the company to a "current" filing status and provide full transparency to our shareholders. A process that will be complete in the near future.

The above was released on EIN news service on August 9th, four days before the company issued three 10-Q's and went current.

OTCMarkets - LCLP