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Life Clips Inc (LCLP)

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Last Post: 5/24/2022 11:50:59 AM - Followers: 526 - Board type: Free - Posts Today: 1



18851 NE 29th Avenue

Suite 700 PMB# 348

Aventura, FL 33180

United States




Investor Relations
Atlanta Capital Partners LLC 
235 Peachtree Street NE, Suite 400 
Atlanta, Georgia 30303


Life Clips is the parent company of Belfrics Global and Cognitive Apps Software Solutions Inc. Belfrics Global is a Malaysian based blockchain provider and cryptocurrency exchange and platform that is licensed and regulated by Labuan Financial Services Authority (LFSA), Malaysia. With 10 operational offices in 8 countries, Belfrics' multi -feature trading platform offers digital assets, cryptocurrencies, leveraged forex instruments, and crypto derivative contracts to its clients. Belfrics blockchain has been recognized by Gartner as being a top 10 blockchain in terms of real-world projects and has received a patent for its Belrium KYC verification System (BKVS) by the Nigerian patent authority. Cognitive Apps is disrupting the space of mental health with its speech-based, AI-powered mental health analytics platform that empowers businesses to measure, understand, and improve the mental well-being of their employees, patients, and customers. Aiki delivers CBT and IPT therapies using a chatbot which also and includes the Yuru voice analysis solution that takes in other health data from Apple and Google HealthKit to make a more accurate analysis of one's mental health. Aiki was developed to capitalize on the trend towards artificial intelligence platforms utilized by employers to raise awareness of employees' mental health. Cognitive AppsApps' Yuru is a 3-in-1 tool developed by a team of licensed psychotherapists that makes use of vocal biomarkers to screen for early signs of mental health conditions, such as stress and depression. Yuru is available on Apple's App Store. For more information on Life Clips visit www.lifeclips.com For more information on Belfrics Global visit www.belfricsgroup.com For more information on Cognitive Apps Software Solutions visit https://cogapps.com


Life Clips To Enter Cryptocurrency Market With A Definitive Agreement To Acquire Global Blockchain And Digital Currency Platform Belfrics Group

July 14, 2021

AVENTURA, Fla., July 14, 2021 (GLOBE NEWSWIRE) -- Life Clips, Inc. (OTC Pink: LCLP) (the “Company”, “Life Clips”), announced today it has agreed to acquire Belfrics Group ("Belfrics"), a global blockchain technology firm that runs cryptocurrency exchanges on its proprietary platform. Belfrics currently has a presence in Malaysia, Singapore, India, Kenya, Tanzania, Nigeria, and Bahrain; and it has the capability to process over 1 million transactions per second. Belfrics CEO and Founder, Praveen Kumar, will remain the CEO of Belfrics, while Robert Grinberg will serve as CEO of Life Clips.

The cryptocurrency market is expected to reach $8 trillion dollars by 2030, while the market for blockchain technology is expected to add $176 billion to the US GDP during the same period. Founded in 2014, the Belfrics digital exchange platform, which was fully developed in-house, is one of the most compliant platforms in the cryptocurrency industry. Supported by the proprietary technology of Belrium blockchain KYC solution, the KYC and AML process of Belfrics Exchange is well accepted by regulators globally. With 10 operational offices in 8 countries, Belfrics provides localized and personalized support to digital currency traders. Through its blockchain Academy, Belfrics provides continuous training to traders, developers and blockchain enthusiasts in more than 20 countries. Belfrics is licensed and regulated by the Labuan Financial Services Authority (LFSA) in Malaysia.

Belfrics CEO and Founder, Praveen Kumar said, "This is an exciting time for Belfrics. After many years of hard work building a global exchange for cryptocurrency and the most secured trading platform, it is time to spread our wings globally. The acquisition of Belfrics by Life Clips will help expand the reach of both our cryptocurrency platform and our blockchain solutions, which will create an impact worldwide.”

Belfrics Group specializes in blockchain technology and digital asset exchange solutions. Belfrics runs two distinct business verticals: Digital asset exchange and blockchain division. Belfrics is one among the few regulated exchanges across the globe, that provides regulated digital asset trading solutions.

Belrium, the proprietary blockchain developed by Belfrics, acts the central focal point of the blockchain division. Belrium, which is a hybrid private-public blockchain solution, focusses on identity management on blockchain for decentralized transactions.

It has taken a tremendous amount of work to prepare Life Clips for this landmark moment. We are proud to have reached this milestone for our shareholders by becoming current and settling previous liabilities of the Company to the satisfaction of our acquisition candidate," said Life Clips CEO Robert Grinberg. Mr. Grinberg continued, "According to PwC, the total volume of mergers and acquisitions in the cryptocurrency industry more than doubled from $481 million in 2019 to $1.1 billion in 2020. The average deal size increased from $19 million in 2019 to nearly $53 million. Major global cryptocurrency exchanges like Binance, FTX and Coinbase made the top three acquisitions in the crypto industry in 2020. We welcome Praveen and his team to our family and look forward to providing them with the resources to take their world class cryptocurrency exchange and platform to the next level."

The Belfrics Group acquisition is expected to close in the second quarter. The final number of shares issuable upon closing is subject to adjustment prior to closing. All shares issuable pursuant to the acquisition will be restricted securities subject to statutory resale restrictions.




Robert Grinberg - Interim CEO
Victoria Rudman - CFO


Name Description

Charles Grinberg  

Robert Grinberg, 50. Mr. Grinberg began his professional career in the financial services industry in 1991. In 1997, he opened his own independent broker-dealer, Program Trading Corp. He further evolved his business model and became a private investor placing millions of dollars to work in various industries, from oil and gas, health care, logistics, biotech, to digital therapeutics. Robert has been privately financing companies since 2004. He has extensive knowledge of securities trading, private placements, and public financing. In 2018 Mr. Grinberg, along with a group of investors, acquired a multi-level company in South Florida, Stemtech.com. with a sales force of over 30 thousand strong in more than twenty countries. That same year he and a group of investors formed a partnership with Sensi Magazine. Sensi publishes print and digital magazines, creates community events, and connects people in local markets with a focus on fun-loving, healthy lifestyles.


Victoria Rudman

Ms. Victoria D. Rudman serves as the Company's Chief Financial Officer, Director. She also serves as Chief Financial Officer, Treasurer,and Secretary of Kalytera Theraputics, a company involved in Cannabinoid theraputics. She also serves as Chief Financial Officer, and Secretary of Kaya Inc., a company involved in Cannabis licensing and retailing. She also serves as the Chief Financial Officer of TheraKine Ltd., a private company involved in drug delivery technologies. Ms. Rudman has over 25 years of professional experience in multiple aspects of leadership, operations, accounting, finance, taxation and fiscal management. Ms. Rudman has spent most of her career in Fortune 50 global investment bank and retail brokerage firms as well as small cap public companies and startup ventures. She served as Chairman and CEO of Intelligent Living Inc. from 2011-2014. Previously,Victoria held various technology controllership positions at Morgan Stanley and acted as a Vice President at Bear Stearns and Director of Business Planning & Strategy at Visual Networks, where she was the lead project manager for the entire technology business enterprise, including IPO and strategic M&A. Victoria holds a Bachelor of Business Administration in Public Accounting from Pace University, Lubin School of Business.


Charles Adelson

Dr. Charles Adelson serves as a Company Director. He graduated from the University of Central Florida in Orlando, where he received a B.S. in Micro and Molecular Biology. Dr. Charles Adelson went on to receive his Doctor of Medical Dentistry at Nova Southeastern University’s School of Dental Medicine. He continued his studies there after completing a three-year postdoctoral surgical residency with extensive training in implant placement, periodontal s surgery, and regenerative bone therapy. Dr. Charles Adelson has participated in several medical missions sponsored by the Women of Hope. He traveled to both the inner cities and the rural areas of Jamaica, providing dental care to orphan children. In addition to dentistry and philanthropy Dr. Adelson is as well an experienced business man owning several commercial properties throughout South Florida.
Accounting/Auditing Firm
19720 Jetton Road
Cornelius, NC 28031
Securities Counsel
Anthony L.G., PLLC    
625 N Flagler
Suite 600
West Palm Beach, FL, 33401
Transfer Agent
Securities Transfer Corp.
2901 Dallas Parkway
Suite 380
Plano, Texas 75093

 Due dates for LCLP SEC filings:
10-Q quarterly reports are due 45 calendar days after the end of the quarter. May file for an optional 5 day extension.
10-K annual reports are due 90 calendar days after the end of the quarter. May file for an optional 15 day extension.
Reports must be submittted by 5:30 PM Eastern Time on the due dates.
If a due date falls on a weekend or an SEC market holiday, reports are due by 5:30 PM ET on the first following market day.
Extensions are calculated in calendar days, not market days, and they begin on the first calendar day after the due date.

1st quarter 10-Q quarterly report is due each year on May 15th (or 20th with extension)
2nd quarter 10-K annual report is due each year on Sept 28th (or Oct 13th with extension)
3rd quarter 10-Q quarterly report is due each year on Nov 14th (or 19th with extension)
4th quarter 10-Q quarterly report is due each year on Feb 14th (or 19th with extension)

$LCLP DD Package:

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LCLP News: Quarterly Report (10-q) 05/16/2022 10:28:38 AM
LCLP News: Current Report Filing (8-k) 05/13/2022 04:54:41 AM
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#47128  Sticky Note LCLP 10Q just posted: x-ray-eyes 05/16/22 02:34:41 PM
#46726  Sticky Note Bullish NEWS! Convertible debt paid. Misinformation addressed... (continued) SmellMyFinger 04/18/22 10:53:48 AM
#45329  Sticky Note I’ll guarantee we hit 10 cents. Mark this post. Mic ll 12/10/21 11:37:05 AM
#47159   Glad i sold on 74s...leak on news and drop,drop! winnaar123 05/24/22 11:50:59 AM
#47158   Not good with that huge sell at the Xylan 05/23/22 04:49:15 PM
#47157   Yeah .... righty. Jimmy Joe 05/23/22 01:40:07 PM
#47156   Lets make life clips GO BIGLY ernie44 05/20/22 09:14:59 PM
#47155   Yeah...... righty. Jimmy Joe 05/20/22 07:39:20 PM
#47154   $LCLP This is gonna explode. Watch. Junno1616 05/20/22 07:02:27 PM
#47151   The old wacamole game continues at Big Wheel 05/18/22 11:30:42 AM
#47150   Life Clips Reports Fiscal 2022 Third Quarter and x-ray-eyes 05/18/22 09:41:11 AM
#47149   Yes amazing chit. I had to paste and Mic ll 05/17/22 03:14:22 PM
#47147   That was me, very enlightening for those not aware x-ray-eyes 05/17/22 02:11:45 PM
#47146   Not many people saw the news imo. unless Big Wheel 05/17/22 01:09:28 PM
#47145   CEO SHOULD BE IN JAIL FOR STEALING OUR MONEY!!!! My face 05/17/22 12:23:43 PM
#47144   All in my opinion of course Someone posted Mic ll 05/17/22 11:46:53 AM
#47143   Yep, those large buys covered a short position Mic ll 05/17/22 11:45:46 AM
#47142   Agree, most penny CEO's have no idea that x-ray-eyes 05/17/22 11:35:29 AM
#47141   Those MMs are so obvious in their manipulation. Mic ll 05/17/22 11:28:06 AM
#47140   I have posted a few times that there x-ray-eyes 05/17/22 11:21:40 AM
#47139   LCLP - Pump and dump scheme Hugie 05/17/22 11:08:04 AM
#47138   I sold today on .0074...No increase of pps winnaar123 05/17/22 10:54:47 AM
#47137   I’m surprised it’s not green today. Needs PR Mic ll 05/17/22 10:32:36 AM
#47136   Agreed Tiger Money 05/17/22 10:07:14 AM
#47135   A lil' ol' PR would b nice Big Wheel 05/17/22 09:58:15 AM
#47134   It was definitely worthy of a higher price Tiger Money 05/17/22 09:22:30 AM
#47132   .010 tomorrow....10q whas not bad! winnaar123 05/16/22 04:39:18 PM
#47131   Results of Operations for the Three Months Ended x-ray-eyes 05/16/22 02:54:29 PM
#47130   For the nine month period ending 03/31/22 x-ray-eyes 05/16/22 02:43:14 PM
#47129   3 months ending 03/31/2022 Revenue: $2,964,111 x-ray-eyes 05/16/22 02:40:51 PM
#47128   LCLP 10Q just posted: x-ray-eyes 05/16/22 02:34:41 PM
#47126   Looks like just about 13,000,000 shares have been Xylan 05/16/22 09:52:18 AM
#47125   R-R-R-R-R-R-R-R-R--R-R-R-R-R-R--R-R-R-R-R--R-- CRICKETS. $LCLP Big Wheel 05/16/22 09:36:16 AM
#47119   EOD run, or will people waiting till the winnaar123 05/13/22 02:26:29 PM
#47117   Buyers on the ASK coming in now before winnaar123 05/13/22 01:19:25 PM
#47116   C'mon CEO of LCLP, release the financials...so many winnaar123 05/13/22 12:29:05 PM
#47115   https://www.mixedarticle.com/who-is-charles-adelson-dan-markel-brother-in-law-ar Jronpar 05/13/22 12:16:27 PM
#47114   Appears you may be right and the reason Jronpar 05/13/22 12:10:30 PM
#47113   Financials will light the fuse, tic toc..... $LCLP Rookiemove 05/13/22 11:39:07 AM
#47112   I think you're right, the Charles Adelson arrested x100xPercent 05/13/22 11:00:37 AM
#47111   L-2 soooo thin!! Runaway train could be coming Rookiemove 05/13/22 10:20:33 AM
#47110   I see an 8k came out booting one Xylan 05/13/22 09:47:21 AM
#47108   Looking good here....tomorrow should touch mid 7s...Glta ursa 05/12/22 08:32:04 PM
#47107   Release the KRAKEN!!!! GO $LCLP!!! Rookiemove 05/12/22 03:30:21 PM
#47105   Fin.news around the corner...Load before whe going north imo! winnaar123 05/12/22 11:18:52 AM
#47104   LCLP IS CLEARLY on a major growth trajectory Jronpar 05/12/22 11:02:12 AM
#47103   $LCLP https://twitter.com/BelriumOfficial/status/1524712407460892672 dukelasilvertbird 05/12/22 09:16:35 AM
#47102   Most of the OTC company's going down daily winnaar123 05/12/22 07:11:00 AM
#47100   Only if OTC markets has a giant bull x100xPercent 05/11/22 03:42:10 PM
#47099   They sure do and in this case, LCLP Jronpar 05/11/22 03:16:28 PM
#47098   Do they make vacuums with gears? x100xPercent 05/11/22 02:33:13 PM
#47097   Share vacuum in high gear! $LCLP Rookiemove 05/11/22 02:31:55 PM
#47096   When the financials are released we are going OTABC 05/11/22 02:23:48 PM
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