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The true bottom line here is LCLP is just a vehicle for Belfrics to speed up the process in getting access to the US capital market.
Spain is another large market that is strategic in their plans. There will be more news next month I would think as they have meetings planned in other countries as well.
With all the compliance issues with the worlds largest exchanges this is Belfrics time to strike and strike fast. Belriym blockchain is KYC compliant, has multiple use cases and is targeting governmental markets, its being adopted by governments already. Thing is alot of the middle eastern countries still rely on paper copies of private information, belrium is a safe secure and compliant way to bring instant access to stored information.
Regional Exchanges are a bonus but I'm thinking way bigger. Governments and banks around the globe have been trying to find secure ways to enter the crypto market so it can be more regulated and less dangerous for investors, Belrium brings that advantage.
Longterm i see mass adoption of Belrium blockchain based exchanges, data banks and belfrics digital bank coming once its fully adopted.
Near term exchanges will see a large increase in volume due to regulatory compliance issues from large exchanges boosting revenues dramatically.
With all the series C stock being issued through belfrics milestone reaches laid out in the deal, which is voting rights if I'm not mistaken. I see Praveen taking over as CEO of LCLP and it becoming BELF.
Thats my take on what will play out
Yep subscription service eliminating transaction fees will be big to attract investors to their platform, there are alot of traders looking for a good platform with binance now being gone
Agreed more and more people are watching closely it will be the deal announcement that is the launch point
DD for new interested investors
https://twitter.com/Ver20123/status/1424927278601891842?s=19
LFG!!!
.03 coming
Its only dilution if they are selling directly into the market, these shares are being sold to investors that will most likely hold for a large return, not flood the market. Even so the benefits from doing a reg a far outweighs toxic notes with variable conversion rates. They are doing this right imo.
Nope not one bit
Its only up to 5 million$ worth it the dollar figure that matters most. 250mil shares at .02 1 billion at .005, as well they are not selling these reg a shares to your typical retail investor, they don't want to sell them to people just for them to dump them.
$LCLP These are our verticals. These are our divisions. This is the market. pic.twitter.com/bzwzxLXmOk
— Life Clips, Inc. (@infolifeclips) August 5, 2021
Next 8k should be the appointment of praveenkumar imo then its game on
Pretty minor dilution, goes to show there is a hell of alot more shorting happening than anything else.
Yep those that have the strength to hold and block out the noise will benefit here there's no doubt about it imo
Shouldn't be long now one would think until the company can upload to OTCM
Far from it we are golden here
Not saying there isn't any but I would say its minimal I've seen companies dilute way more than 60 mil shares in a week lol I've seen companies dilute 400 to 500 million in a week, that is toxic this is minimal and trying to protect the pps.
I asked on timing of the acquisition and they couldn't give an exact date but they said it depending on attorneys and accountants but it will be coming soon.
Agreed dilution will be very minimal here and the value that belfrics is bringing here will make alot of those that are manipulating LCLP regret it
Talk to the company they've been nothing but transparent
So I talked to IR to confirm some things.
The Reg A is up to a max of 5million$, all shares sold are to accredited investors and will not be hitting the float instantaneously, the shares are only being sold to investors who see the longterm value within the company not someone who is going to dump them. The 1billion shares is a maximum not what will actually be sold. For example 5million$ of shares sold at .03 is only 167million shares.
The remaining convertible debts owed have been removed from variable rates and put into a fixed rate and will be paid off over time. The plan is to have these paid off and not converted into common shares.
I suggest to anyone looking for proper info to reach out to IR and not rely on FUD from message boards.
IMO the company is being strategic and trying to maintain shareholder value, people are falling for the FUD being created without doing proper due diligence. I'm holding long the future value here is to big to ignore.
Official filing for reverse split withdrawal just hit EDGAR
It was filed on Friday we will see it update with edgar
R/s canceled!!!!!
I missed it sorry, I didn't see it, such a shame
Its becoming more apparent that all the FUD was just a loading opportunity for those looking to get in low