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Fantastic! Thank you, Simmons! That post should be stickied.
So the deal is closed and we now completely own the makers of Mobeego. Fantastic news! Great to be part of a company that does what it says it is going to do!
They look quite different to me.
Not so at all.
Me too, Goro. I've seen 360º images, and had no idea the cameras could be bought so inexpensively.
Exactly, Simmons.
You're welcome, Cabroncita. I'm very psyched about this acquisition.
Today's amendment extends the date after which Batterfly Energy Ltd. (the Israeli company being bought by Life Clips) may terminate the Purchase Agreement if the Acquisition has not closed by such date. Originally the date was June 30th. That was clearly defined in black and white. Today it was extended to July 14th. That means Batterfly had one entire week (from June 30th until today) in which it could have terminated the agreement if it had wanted to. Obviously it didn't, or it would have. Neither would it have agreed to extend the date if it wanted out. And if Life Clips was interested in "putting the heat on", then they wouldn't have extended. The need for an extension probably had to do with the Israeli tax authorities.
"While the closing of the Acquisition remains subject to various customary closing conditions, the Israeli tax authorities have granted preliminary approval of the tax treatment for the Acquisition being sought by Batterfly’s shareholders, and accordingly, the Company expects the closing of the Acquisition to occur during the week of July 11, 2016."
New Form 8-K filed today. The Amendment concerns Life Clips' purchase of Batterfly Energy Ltd., the makers of Mobeego. Life Clips expects the closing to occur next week!
"The Amendment extends from June 30, 2016 to July 14, 2016 the date after which any party to the Purchase Agreement may terminate the Purchase Agreement if the Acquisition has not closed by such date. While the closing of the Acquisition remains subject to various customary closing conditions, the Israeli tax authorities have granted preliminary approval of the tax treatment for the Acquisition being sought by Batterfly’s shareholders, and accordingly, the Company expects the closing of the Acquisition to occur during the week of July 11, 2016."
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11481362
There's no dilution.
I really know nothing about the camera, Prof, except what I've read. Nor was I aware of any crowd funding involved. Do you know where I might find any more info on that? Thanks in advance.
Yes, it is good to see the "big boys" over here. Fingers crossed indeed!
A quick scan of the reviews shows that some users reported being able to use their phone after recharging with Mobeego for many hours longer than the "up to 4 hours of extended battery life" advertised. It depends on how they were using their phone, which of course is the same when using the phone's initial charge. For example, one reviewer got 3 hours while using the phone's GPS - a known battery hog.
Another reviewer said he used it while camping. "My phone was at 5% when I plugged this in and my phone charged until it reached 92% and the battery can was dead. This was better than I expected and was able to use my phone the rest of the day until I charged it that night at camp." So it all depends on how the phone is being used.
As for Amazon advertising it for only Apple products, thank you.I don't see mention of Android or Windows phones either. So I issued a correction and notified Amazon that it also works on Android and Windows phones, and included a link. I would imagine that the company has already done this, but just in case.
I loved reading the ratings at Amazon! There were 88 reviews, and the vast majority of them were five-star excellent. This is very encouraging! A couple poor reviews, but those were apparently because the reviewer didn't understand that this is a one-use disposable battery, or that one purchases the starter kit with the adapter only once, and thereafter buys only the replacement battery.
https://www.amazon.com/Mobeego-Single-Lightning-Connector-Starter/product-reviews/B01EUD2OBK/ref=cm_cr_getr_d_paging_btm_1?ie=UTF8&showViewpoints=1&sortBy=recent&pageNumber=1
Outstanding! Thanks, Kano!
Here is the Form 8-K that says otherwise.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11443139
There are definitely going to be fireworks on Monday! :0D (But not on the stock market, which sadly will be closed):
It is a rarity, isn't it. Glad it's our rarity!
Great day. Now on to the Mobeego full launch!
Up is my favorite direction. :0D
Great news!!!
"CHARLOTTE, NC--(Marketwired - June 30, 2016) - Life Clips®, Inc. (LCLP), an innovative brand of products revolutionizing the way people capture, manage, enjoy, and charge the devices that share life's moments, announces that the company has signed an exclusive distribution agreement with CITIES Market for the Life Clips® 4K Action Camera & Accessories for the exclusive right to distribute to Best Buy, Best Buy.com, Target & Target.com."
http://finance.yahoo.com/news/life-clips-r-signs-exclusive-182416120.html;_ylt=AwrC1DGkZHVXel0AoI3QtDMD;_ylu=X3oDMTByOHZyb21tBGNvbG8DYmYxBHBvcwMxBHZ0aWQDBHNlYwNzcg--
We also just had the US soft launch of the mobeego charger, and the full launch is in July, and July starts tomorrow! This is getting exciting!
Yes, I imagine they will be, with the US full launch coming in July.
Nice recovery indeed!
Ion (ion) doesn't produce the SoloVu Action camera. No connection.
"lon"? Are you possibly referring to Huey Long of Huey Long & Associates? Huey Long is supplying the SoloVu 4K action camera. Huey Long & Associates have not gone bankrupt.
The news release about Life Clip's retail agreement with Huey Long is here.
Appreciate you coming back to us with that, Remind2. Thanks.
No such thing has happened.
If the referendum takes effect, it won't be for several years. Meanwhile Life Clips is based in North Carolina, incorporated in Wyoming.
It really is, Penny. Amazing progress in recent months.
In my opinion too, Cabroncita. Very impressive company!
Shareholder Update
https://globenewswire.com/news-release/2016/06/27/851497/0/en/Life-Clips-CEO-Issues-Shareholder-Update.html
CHARLOTTE, N.C., June 27, 2016 (GLOBE NEWSWIRE) -- Life Clips(LCLP)®, Inc. , an innovative brand of products revolutionizing the way people capture, manage, enjoy, and charge the devices that share life's moments, issues the following shareholder update from CEO Bob Gruder.
Dear All Current & Prospective Shareholders,
First and foremost, I want to thank all of you for your support. Everyone at Life Clips(LCLP)® Inc. has had a very busy & successful 60 days and our plans are for it to get bigger and better. For those that just started becoming familiar with (LCLP) here is some of our recent accomplishments:
Tuesday May 3, 2016 (LCLP) announced a binding letter of intent to purchase Israeli battery maker, Batterfly Energy, ltd owner of Mobeego®, an affordable & award winning one time use tetherless, disposable battery that plugs directly into one’s mobile device, iPad, or action camera. (full release can be read here)
Monday June 6, 2016 it was announced that (LCLP) was taking all necessary action to up-list to the OTCQB®Venture Market Place. (full release can be read here).
On Friday June 10, 2016Life Clips(LCLP)® announced that the company had successfully up-listed to the OTCQB Venture Market Place and that (LCLP) signed and entered into a definitive agreement for the acquisition of Batterfly Energy, ltd. (full releases can be read here).
These aforementioned announcements and the swift execution of these announcements are but a small example of how we conduct business at Life Clips(LCLP)®, Inc. We say what we do and then very quickly and professionally do what we say, which allows us to hopefully create a real trust with you, our shareholders. This as well allows us to conduct ourselves with integrity; something that is not always present with a “Penny Stock” Company.
Currently Mobeego® is in 14 different countries including the U.S.A and is in over 1000 retail stores worldwide and we anticipate many more on the way both abroad and within the U.S. The July 1, 2016 Mobeego® Full / Hard U.S. Launch is quickly approaching and everyone at (LCLP) is extremely excited especially since we have been communicating with several big box retailers within the U.S. and these conversations so far have been extremely positive.
With all the excitement surrounding Mobeego® it’s important to remember that Life Clips(LCLP)® is not a “1 trick pony.” The LifeClips 4k Action Camera has several key features that competitors do not come standard with, such as an internal gyroscope for greater image stabilization, built in motion detection for activation, and a 12 mega-pixel image camera. The LifeClips® camera will come with video options of 4k, 2k, 1080p and 720p. The camera will come with a standard 32GB memory card. The LifeClips® camera will also feature burst mode, time lapse & looping video modes.
In addition to the aforementioned features it’s worth mentioning that other competing models retails for $399 and $499 while the LifeClips® 4k Action Camera retails for $189.99 USD. Pre-Sale is currently underway for the LifeClips® 4k Action Camera and we anticipate shipping to consumers at the end of June.
To all (LCLP) shareholders, potential shareholders & customers, thank you for being a part of this journey with us. Everyone at (LCLP) is dedicated to growing this company into a large global brand and an overwhelming success, the best is ahead!
Best Regards,
Bob Gruder.
Life Clips, Inc.(LCLP)
CEO
About Mobeego®
The Mobeego® brand launched in November 2015. Mobeego® is available within 15 different countries and has sold north of 450,000 units. Mobeego®’s anticipated revenue before the end of Q3 of this year is $1,000,000. The Mobeego® product is an affordable & award winning one time use wireless, disposable & recyclable battery that plugs directly into one’s mobile device, iPad, or action camera. The products can be seen at the Mobeego site: www.mobeego.com.
About Life Clips(LCLP)®, Inc:
Life Clips (LCLP) is a developer and manufacturer of action cameras aimed at families, action sports enthusiasts, and those on vacation. Life Clips(LCLP) also offers innovative accessories like one time use batteries Mobeego® for mobile devices. Our future cameras will allow for live streaming and filming an event from more than one perspective. High quality videos and stills can be taken from unique positions. www.LifeClips.com
Safe Harbor Statement
In addition to statements of current and historical fact, this Press Release contains forward-looking statements. The words “forecast,” “will,” “intend,” “anticipate,” “project,” “intend,” “expect,” “should,” “believe” and similar expressions are intended to identify forward-looking statements. Although we believe that we have a reasonable basis for each forward-looking statement contained in this Press Release, we caution you that these statements are based on a combination of facts and factors currently known by Life Clips(LCLP) and its projections of the future, about which it cannot be certain. These forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors, including those discussed in “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Life Clips’ annual report on Form 10-Q and quarterly reports on Form 10-Q filed with the Securities and Exchange Commission (the “SEC”), as well as matters discussed in Life Clips’ financial statements and related notes and other filings with the SEC, which may cause its actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Accordingly, all forward-looking statements should be evaluated with an understanding of their inherent uncertainty. Except as required by law, Life Clips(LCLP) assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
CONTACT INFORMATION:
Robert Gruder
Chief Executive Officer
info@lifeclips.com
Investor Relations
David KugelmanAtlanta Capital Partners, LLC
(404) 856-9157
(866) 692-6847 Toll Free - U.S. And CanadaImage: Primary Logo
Source: Life Clips, Inc.(LCLP)
Received another e-mail today. A two-and-a-half hour introductory workshop to the September Somatics training course.
Special 2.5-hour Workshop:
Introduction to Somatic Exercise Teaching
Somatic Exercise Teaching
Saturday, July 30, 2016 * 10:30 AM - 1:00 PM
Only $45!
SaltTreeYoga * Ottawa, Illinois
For Chiropractors * Massage Therapists * Physical Therapists * Dancers * Yoga Teachers
Yoga Therapists * other bodyworkers * or anyone considering teaching somatic exercises
Dear xxxx,
We wanted to share news of this exciting workshop for those interested in teaching Somatic Exercises, or understanding them and how they can help in greater depth.
Are you (and your clients/patients) frustrated with the results they are getting?
Do they leave your office or clinic feeling great, only to return on their next visit back to where they were when they last saw you?
Are you, personally, experiencing aches and pain, from a previous injury or from your occupation?
Chances are this is caused by habitual movement patterns. We, as professionals, must address these patterns to create permanent change. The only way we can do this is by getting the brain's cerebral cortex involved. In Clinical Somatics, we engage the cortex to make lasting changes through specific movements that are slow, gentle, and easy for those with pain and limitation to advanced movers, athletes, and yogis.
In this workshop, we'll:
Discuss why this work is different
Learn why we must engage the brain to make the changes
Discuss the 3 reflexes that are the root of the problem
and that you can release and reverse with Clinical Somatic Education
Learn the unique and proven principles that make Clinical Somatics so effective
Learn specific movements you can immediately apply to your clients/patients
If you have clients/patients with chronic pain, recurring sports injuries and poor posture, you will find immense benefits in this workshop.
This workshop provides valuable stand-alone information and tools in a convenient, short workshop, but can also serve for you as an introduction to a more in-depth 3-day certification in Somatic Exercise Teaching by Somatic Systems Institute to be held at SaltTreeYoga September 10-12, 2016.
(See the next section of this email for more information on that training course, or click here.)
--Only $45--
I think you're right.
Great news about the US soft launch. Can't wait for the full launch next month!
Definitely exciting!
I like the packaging. "Energy Drink for your mobile"
This one has a lot of potential.
It's a good concept.
Hey, Billymack, thanks so much for posting that!
Now Somatics is doing a new teacher training course in Chicago, starting September 10th.
https://we304.infusionsoft.com/app/page/somatic-exercise-teacher-training-20169?
This is in addition to the course starting July 23rd in Massachusetts.
http://somatics.org/training/cse