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Typically when they reference quarters they mean fiscal quarters starting on January 1st. So the third quarter began on July 1st.
Today's tweet:
$LCLP Our Belfrics acquisition is going better than expected. Given the challenges of 200 employees over 5 different countries around the globe, we feel between our combined teams we will close this on or before the third quarter.
— Life Clips, Inc. (@infolifeclips) July 30, 2021
You're welcome.
Well, as I said, in the PR of July 14th the first date they mentioned (by end of the second quarter) had already passed. And only a few days later on July 22nd they clarified and said the acquisition date would be by the end of the third quarter. That seems clear enough to me that they are saying they expect it to happen by the end of September.
It clearly states on or before July 30, 2021, or at such later or earlier date agreed to in writing by the parties.
Some confusion over when Life Clips will close its acquisition of The Belfrics Group seems to have come from the July 14th PR which stated:
Very interesting. Thanks for posting that tweet.
That would make it Powder Hour. ;0)
We knew they were going to do it. Today's filing makes it official.
RW OUT - REVERSE SPLIT OFFICIALLY CANCELLED
Life Clips Inc. has withdrawn the DEF 14C of July 20, 2021, thereby officially cancelling the reverse split. Today's filing makes it official.
https://www.sec.gov/Archives/edgar/data/0001604930/000149315221017829/formrw.htm
Hey, great news!
Right. The company could always change its mind and cancel the R/S. But if not, it will still depend on FINRA approval, and will be on FINRA's timeline. We just don't know exactly when that would be.
You're welcome. Yes, it does seem very straightforward.
You're welcome. I'm not sure how long it will take. They seem to be backlogged these days, so it could be awhile.
Check the shareholder update sticky post above.
Most welcome!
Why, thank you! :0D
Just for clarification, there seem to be two issues under discussion at the moment.
1) The amended filing today concerning "the offering". For our purposes today's filing is not substantially different from the previous filing. This is not news to us. It was posted many times on our board and extensively discussed. We know about the offering.
2) The R/S. It has yet to be approved, and is not imminent.
Hope this helps.
I don't see why today's amended filing will have any effect tomorrow, since it's not news to us.
Back on my computer now. Looks like the confusion about the filing date was due to today's amended filling.
I think I see what you mean about the date of the filing being changed in the post that was posted today. It's difficult for me to view it because I'm now on my mobile phone. However it's always easy to verify the true date of a filing by going to OTCMarkets.com or the company website.
Right. That filing was posted numerous times on this board and discussed here extensively.
You're right. Many associate a reverse split with penny stocks that were sitting for a long time at .0001, followed by a reverse split, and then followed with the pps declining slowly again back to .0001 as the company dilutes. But that's not the case with LCLP. Under the right circumstances an R/S can be quite good for stocks. I've seen it.
Hey, yeah, how about that. A tweet of appreciation from Life Clips to shareholders.
$LCLP Life Clips was the number one traded stock on OTC Markets today with 16,122 trades. We appreciate all of our shareholders, both new and old. pic.twitter.com/PU2rVX39oB
— Life Clips, Inc. (@infolifeclips) July 16, 2021
Life Clips was the number one traded stock on OTC Markets today with 16,122 trades. We appreciate all of our shareholders, both new and old.
I am SO glad I held onto this! Years ago I put more into LCLP than I could really afford to lose. Then I thought I'd lost my investment in Life Clips years ago. But now under a new CEO look what has happened! A few days ago I got my whole investment back plus a really nice profit, with plenty of free shares left to spare. On yesterday's dip I decided to take another risk and buy more. And now look what's happened!
I'm going to hold, because I see this going places.
Best wishes to everyone.
Up is my favorite direction. :0D
Goldmine is right!
Yes indeed!
Today's tweet from Belfrix Global !
Belfrics Global
@Belfrics
·
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.” $LCLP
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
— Belfrics Global (@Belfrics) July 16, 2021
Congratulations, everyone! Many of us have been waiting a loooooong time on this stock, and it certainly has paid off.
She could be a professional who was hired to drum up opposition. Or she could be quite sincere. I dealt with people like that in my professional career who were quite insane, but quite sincere.
LGBTQ Loyalty Holdings Prepares for Post-Pride-Month Initiatives
https://newsfilter.io/articles/lgbtq-loyalty-holdings-prepares-for-post-pride-month-initiatives-7d08732e03d559b421b72ae48b77d2da
https://static.newsfilter.io/7d08732e03d559b421b72ae48b77d2da.html
Following successful webinar on advancing equality, the Company embarks on strategic marketing campaign to promote lineup of LGBTQ financial products
WEST HOLLYWOOD, Calif, July 01, 2021 (GLOBE NEWSWIRE) -- LGBTQ Loyalty Holdings, Inc. (OTC:LFAP) ("LGBTQ Loyalty" or "the Company''), a diversity- and inclusion-driven financial methodology and data company, announces through its wholly owned subsidiary, Loyalty Preference Index, Inc., the availability of its on-demand Pride Webinar.
"We are in the midst of a social revolution where people from all walks of life are looking to support brands, products and services that align with their principles and core values," said Bobby Blair, CEO of LGBTQ Loyalty Holdings. "Our recent webinar kicked off a strategic marketing campaign to promote our financial products designed to empower, support and engage the LGBTQ community and its allies."
Some key highlights from the webinar include:
Martina Navratilova, LGBTQ Loyalty board member and tennis legend, shares her excitement over Wall Street and corporate America evolving to embrace the LGBTQ community over the last few decades.
Barney Frank, LGBTQ Loyalty board member and former congressman, provides his insight into recent legislation's impact on LGBTQ equality in the workplace.
Billy Bean, LGBTQ Loyalty board member and vice president & special assistant to the Major League Baseball commissioner, highlights his work as an ambassador for MLB and how it has grown to embrace and celebrate the LGBTQ community.
Orlando Reece, LGBTQ Loyalty board member and VP, category development officer for Univision Communications, discusses the disproportionate impact the LGBTQ community has faced financially amid the pandemic.
Bobby Blair shares how he started LGBTQ Loyalty and its mission to advance equality after his career in media.
Additionally, the webinar provides a brief overview of the LGBTQ100 ESG Index performance and methodology by Larry Roan, LGBTQ Loyalty board member, and Aashu Virmani of Fuzzy Logix. Other participants in the webinar include representatives of ProcureAM, the ETF's fund advisor; and GHS Investments, an investment company that recently invested in the Company, which discuss why now is a great time to launch and invest in an ESG product.
LGBTQ Loyalty will be continuing the momentum around its financial products via a comprehensive marketing campaign in partnership with E5A Integrated Marketing. It is anticipated that this campaign, launching Aug. 1, will focus on targeting a large audience of retail investors across social, digital and alternative channels.
"We are so proud to work with LGBTQ Loyalty on marketing the LGBTQ + ESG100 ETF (LGBT)," said Andrew Corn, CEO of E5A Integrated Marketing. "We plan to market to the LGBTQ community, its supporters and, more broadly, investors who are engaged with environmental, social and governance (ESG) compliance. LGBT provides the potential for investors to build wealth while aligning their values and positively influencing LGBTQ Diversity & Inclusion in Corporate America."
About LGBTQ Loyalty Holdings, Inc.
LGBTQ Loyalty is a diversity- and inclusion-driven financial methodology and data company that quantifies corporate equality alignment with the LGBTQ community and minority interest groups. The Company has benchmarked the first-ever U.S. Loyalty Preference Index, which it believes empowers the LGBTQ community to express their preferences for the nation's high-performing corporations most dedicated to advancing equality. The Loyalty Preference Index, branded as LGBTQ100 ESG Index, is an environmental, social and governance (ESG) index, offering an added perspective for those seeking to align with equality-driven, ESG-responsible corporations. LGBTQ Loyalty's leadership includes seasoned authorities in the financial industry and LGBTQ community. For more information, please visit www.lgbtqloyalty.com.
Thanks. That's really good news.
Yes, there's Robert Tull. So is he our primary ETF person?
Thanks, that's very encouraging.
This is a very interesting stock. Did I read that Barney Frank is on the board of directors?
This is a very interesting stock.