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So did I, Van. Couldn't resist.
How about that! The HP guy who signed the agreement on page 29 is their Director of Consumer Accessories.
I believe it, Van.
You kept saying news was coming, Simmons, and you sure were right!
Done!
Life Clips signs agreement with HP Inc., a successor company to Hewlett-Packard. HP recorded over $57 billion in revenue in 2014. This is definitely not the little leagues, folks!
The agreement (Form 8-K filing)
About HP Inc.
More about HP Inc.
That's what I was thinking!
About HP, Inc., with which Life Clips just entered into an agreement. HP Inc. is a successor company of Hewlett-Packard. HP Inc. recorded over $57 billion in revenue in 2014. This is definitely not the minor leagues, folks!
http://www8.hp.com/us/en/hp-information/index.html
http://www8.hp.com/us/en/hp-information/executive-team/team.html
https://en.wikipedia.org/wiki/HP_Inc.
Here is a link to the 8-K with the Trademark License Agreement included.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11603340
New 8-K form just filed.
http://ih.advfn.com/p.php?pid=nmona&article=72504805&symbol=LCLP
"On September 22, 2016, Life Clips, Inc. entered into a Trademark License Agreement (the “Agreement”) with HP, Inc. (“HP”). Pursuant to the Agreement, the Company has been granted a sublicense to use, reproduce and display the HP trademarks in various territories on HP Branded Products, which are products that HP has approved for sale and distribution. The territories included are the United States, Canada, Australia, New Zealand, Israel, 26 countries in Europe, five countries in Africa, and 38 countries in Latin America. The initial term of the agreement will last until December 31, 2019, and shall automatically renew for an additional two year term, unless the Company provides written notice of non-renewal 180 days prior to the expiration of the initial term. As consideration for the sublicense, the Company shall pay to HP a cash fee of $250,000, consisting of $125,000 due on October 1, 2016 and $125,000 due on April 1, 2017. In addition to the cash payments, the Company shall also pay to HP royalties in amounts of 4% on Hardware for HP Branded Products, 10% on Accessories for HP Branded Products, and 10% on services for the HP Branded Products. The minimum royalties due to HP are $330,000 for the 2017 calendar year, $990,000 for the 2018 calendar year, $1,750,000 for the 2019 calendar year, and $500,000 per quarter during the renewal term, if applicable. The Trademark License Agreement is filed as Exhibit 10.1 to this current information report."
Somatic exercise teacher training program in Chicago in January.
https://we304.infusionsoft.com/app/page/somatic-exercise-teacher-training-20171?
Any time, Tmac. :0D
Well, it relates to the registration of a class of securities pursuant to Section 12(g) of the Exchange Act and is effective pursuant to General Instruction A.(d) so that any form of prospectus filed by the registrant with the Commission pursuant to Rule 424(b) under the Securities Act that constitutes part of the Registration Statement shall by reference be incorporated into the “Description of Securities” filed with the SEC under File No. 333-198828. :0D
Form 8-A12G filed. Anyone want to be first?
http://ih.advfn.com/p.php?pid=nmona&article=72494539&symbol=LCLP
Don't know, MrArchAngel. However Life Clips usually files its 10-Q forms about a month-and-a-half after the quarter ends. That would have been mid August. Hasn't filed yet this time, so we'll see.
Life Clips, Inc. filings
It's still breakfast here, but I'll take it. ;0)
Nice volume. Over half a million shares traded. At these prices that's upwards of $180,000 moving.
Hey, you nailed it, Simmons. A nice 10,000 buy brought us to the high of the day.
Nicely put, Tmac.
Form 8-K filed today.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11574351
And now 2 million in volume today.
Interesting.
Hey, thanks for finding that, otcrx3.
I was able to access it at this link:
https://otc.watch/groups/share-life-lclp/forum/
Great post!
Same here, Tmac!
I think so too, Mick. Nice to see Life Clips getting all this attention.
Oh, I don't agree with that.
Same here, GoodWill.
So much good news on this company!
Hey, you were right about that news that was coming. This is great, Simmons. Thanks!
The Walters' problems don't seem to go away.
http://www.politico.com/story/2016/04/david-bowser-resigns-mimi-walters-aide-221682
Me? Oh heavens, I lack the patience for such things. Sorry. I find all this very interesting, but legal sleuthing is definitely not me. ;0)
US Representative Mimi Walters, the wife of Monarch Staffing Inc. President, Secretary and Treasurer David Walters, once faced an ethics investigation relating to her husband's company.
http://articles.latimes.com/2012/jun/15/local/la-me-walters-ethics-20120615
More interesting information on US Representative Mimi Walters, the wife of Monarch Staffing President, Secretary and Treasurer David Walters.
According to the LA Times, "This project is part of “The 55” — our coverage of California’s congressional lawmakers. We’re using public records to show each member's minimum net worth. The rankings are calculated using financial disclosure data for the 2014 calendar year compiled by Roll Call. The financial disclosure rules allow lawmakers to report broad ranges of minimums for both assets and liabilities, starting at $1 to $1,000 and topping out at $50 million or higher, so it is impossible to offer precise figures.Roll Call’s formula since 1990 has been to take the total minimum reported value of assets minus the total minimum reported value of liabilities to calculate minimum net worth used to rank members. Members are required to file reports annually with the clerk of the House and the Senate Select Committee on Ethics."
Here is what the article discloses about her finances:
http://static.latimes.com/how-much-are-they-worth/mimi-walters/
The status of the company Monarch Staffing Inc. is currently listed as "Revoked" on the Nevada Secretary of State website. US Representative Mimi Walter's husband's name David Walters appears prominently. His name is listed as President, Director, and Treasurer. The company's business license expired 9/30/2011.
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=SFGkMC6ztGezoh%252bYvg6nUA%253d%253d
A fee of $37,925.00 due 9/30/2016 would be required for reinstatement. That's just over a month before election day in which she is running for reelection to the US House of Representatives. If the fee is not paid by the deadline, it will increase by another $6,225.00, including Annual List Fee, Business License Fee, and Business License Late Fee.
http://nvsos.gov/sosentitysearch/FeeDetails.aspx?ctok=SFGkMC6ztGezoh%252bYvg6nUA%253d%253d
How very interesting. I didn't know that US Representative Mimi Walters, who is currently running for reelection to the US House of Representatives, was a huge shareholder in her husband's penny stock MSTF that was suspended by the SEC and is now languishing on the gray market. I would think it would prove embarrassing to her. Would love to see this stock back off the gray market.
[url][/url][tag]insert-text-here[/tag]The paper may support her. Maybe it would be better to contact her opponent Ron Varaseth. He is running against her. Maybe he can look into her husband's shady involvement with MSTF.
https://ballotpedia.org/Ron_Varasteh
http://www.ronvarasteh.com/
http://us-campaign-committees.insidegov.com/l/51349/Committee-to-Elect-Ron-Varasteh
Well, she was a member of the California Senate, but not a US Senator. Now she's a US House member. Members of the US House are just called Representatives.
https://ballotpedia.org/Mimi_Walters
But really, the fact that her husband has left MSTF to languish on the grey market all these years should be brought to the attention of the electorate during her re-election campaign this year.
Our CEO's wife Mimi was a former California Senator. She is now a member of the US House of Representatives. She's up for re-election this November. I think questions should be raised about her husband's business practices. At the very least it is a disgrace that he allowed his MSTF to go on the grey market. It's extremely rare for stocks to come off the grey market once they go on. But it can be done, and he should do it. A lot of people were harmed.
Thanks. Bizarre, isn't it? Just that old website monarchstaffinginc.com that was recently renewed and active again, and now is once again unavailable. And CEO David Walter's wife Mimi is a politician in California.
https://en.wikipedia.org/wiki/Mimi_Walters