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Here you go:
Robert Frederick Gruder
Home Address:
2 Current:
1) 215 E Barden Rd, Charlotte, NC 28226
2) 4400 W Spruce St, Apt 326, Tampa, FL 33607
Previous: 830 Hungerford Pl, Charlotte, NC 28207
Email:
rgruder@gmail.com
bgruder@lifeclips.com
Cell:
704) 905-2286
Home phone:
704) 277-2999
Good work.
April1925, the cloud service information is news to me. Maybe I just missed it before. I don't recall it being discussed here on the board. Thank you for finding it.
Happy 2017!
Today was our largest volume day in seven years.
It isn't every day you see volume like THAT!
Merry SMAS!
Woo hoo! Up 192% just like that.
Up would be nice. :0D
Fourteen million in volume.
I kept myself busy by writing off-topic memos to myself, and then deleting them. Well, that's not completely true. One of them was a personal attack.
It's also important to note that with all today's volume, the pps never fell below yesterday's close and ended up over 15% higher. Which some would call a "green" day.
The colors don't mean much. They are red if the trade goes through on the bid or causes the pps to go down, and they are green if it goes through on the ask or causes the pps to remain the same or go up. Classifying a trade as a buy or a sell is rather meaningless, since all trades are both a buy and a sell. Someone sells to someone who buys. The most important thing to note about today is that the pps went up over 15%.
Today's was by far the largest volume this stock has ever seen.
Major volume today!
OTC Markets has reduced Life Clips Inc.'s Morningstar rating to two stars again.
http://www.otcmarkets.com/stock/LCLP/filings
Today OTC Markets has also restored LCLP's Morningstar rating to three stars. They had lowered it to two stars at the end of November.
http://www.otcmarkets.com/stock/LCLP/quote
Good response!
OTC Markets has restored LCLP's SEC Reporting status to "Current", and has updated the financials.
http://www.otcmarkets.com/stock/LCLP/financials
What a lovely day!
Nice ending for the day.
Well I'm glad we agree that funding has been received.
It is boilerplate language. It is not the company warning investors of bankruptcy.
That the company has managed to receive funding is clear.
Again, I am simply responding to your message in which you warned that the language in today's 10-Q amounted to the company preparing investors for bankruptcy. As I stated, the language you quoted is standard boilerplate language that has appeared in our 10-Q's for years, and does not constitute a warning of bankruptcy.
They're prepping the investors for it...
Quote:
Maybe the company is delaying the Q report so they can have one more Christmas party (courtesy of the shareholders) before they declare bankruptcy?
Quote: "The Company has no agreements in place with its shareholders, officer and director or with any third parties to fund operations beyond the end of the Company's September 30th, 2016 period ended. The Company has not negotiated nor has available to it any other third party sources of liquidity."
That the company has managed funding is right there in the 10-Q's.
I'm pointing out that your warning that the language in today's 10-Q amounts to preparing the investors for bankruptcy is the same language that has always appeared in the 10-Q's. It's boilerplate, not a warning of bankruptcy. The company uses the same language each quarter, and yet still manages funding.
It's just boilerplate. They said the same thing on page 16 of the 10-Q in May.
"The Company has no agreements in place with its shareholders, officer and director or with any third parties to fund operations beyond the end of the Company’s March 31, 2016 period ended. The Company has not negotiated nor has available to it any other third party sources of liquidity."
May, 2016 10-Q
And they said the same thing on page 15 of the 10-Q in February.
"The Company has no agreements in place with its shareholders, officer and director or with any third parties to fund operations beyond the end of the Company’s December 31, 2015 period ended. The Company has not negotiated nor has available to it any other third party sources of liquidity."
February 2016 10-Q
And they said the same thing on page 11 of the 10-Q in November, 2015.
" The Company has no agreements in place with its shareholders, officer and director or with any third parties to fund operations beyond the end of the Company’s September 30, 2015 quarter."
November, 2015 10-Q
And they said the same thing on page 13 of the 10-Q in May of 2015.
"The Company has no agreements in place with its shareholders, officer and director or with any third parties to fund operations beyond the end of the Company's 2014 fiscal year. The Company has not negotiated nor has available to it any other third party sources of liquidity."
May, 2015 10-Q
Sounds like boilerplate to me.
Me too! :0D
I wasn't saying that I made the same mistake as Gruder. I was saying that I made the same mistake as the person to whom I was responding. We both misread the form and thought Gruder had fifteen days instead of five.
I made the same mistake, Zeek. I actually read it, but somehow saw fifteen where it only says five days. Extensions for a number of filings including 10-K annual reports are for fifteen days. But extensions for 10-Q quarterly reports are only for five days. So like you I thought he still had a few days. Oh, well. So he's delinquent this time.
"The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D,or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date;"
So Gruder filed for an extension, but then didn't meet the five-day deadline. Now we're seven days delinquent on filing the 10-Q quarterly report, and Morningstar has downgraded Life Clips Inc. from three stars to two. This is bad. And if Gruder doesn't fix this very quickly, it will be worse.
Yes it can!
When it comes to that particular back and forth I avoid offering myself up as a punching bag. I take responsibility for my own investment choices. I don't whine or scapegoat or attack others.
So the SEC complaint matters, but the judge's ruling on that complaint doesn't matter? Sorry. I don't agree. Either they both matter, or neither matters. I'm not the one who keeps bringing that old case up, but it clearly matters to some.
And I was reminding everyone that when we talk about that old SEC case we need to remember how the judge ruled. So thank you for posting his ruling again.
"The Securities and Exchange Commission announced today that on May 1, 2008, the Honorable Willis B. Hunt, United States District Judge for the Northern District of Georgia, entered the Final Judgement as to Defendant Stinger Systems, Inc. ("Stinger"). Stinger was enjoined from further violations of Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. Stinger consented to the entry of the final judgement without admitting or denying any of the allegations of the Commission's Complaint."
Just saying if we're going to talk about a SEC case from 2008, we should mention how the judge ruled.
You're welcome, Cuthy.
If we're going to bring up that 2008 case against Stinger Systems, Inc., then in order to give a fair picture we should also mention how the judge ruled in the case. There were no fines or penalties or admission of violations.
"The Securities and Exchange Commission announced today that on May 1, 2008, the Honorable Willis B. Hunt, United States District Judge for the Northern District of Georgia, entered the Final Judgement as to Defendant Stinger Systems, Inc. ("Stinger"). Stinger was enjoined from further violations of Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. Stinger consented to the entry of the final judgement without admitting or denying any of the allegations of the Commission's Complaint."
judge's ruling