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Promising products, promising direction, promising future, just an unethical and incompetent person at the helm. Essentially, a real POS of a human being.
From Goober back on June 27th:
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.
CEO
So this is "the best"...an over 75% drop in pps since this PR? Replace "best" with "failure" and there you go. Why do you think all the PRs have stopped...they stopped because the dump is over. He made his money off the backs of his valued shareholders. His past business failures involving public companies have all been disasters, this one too appears to be on it's way as there is no investor confidence with the pps where it's at today.
Enjoy:
http://www.fool.com/investing/high-growth/2005/01/26/stingers-scary-ceo.aspx
Please share, after all, that's what these chat boards are for.
No ones heard from Bernardturd in months.
Not going to happen on low volume.
Low volume = no pps movement upward (no buying). It just means that Goober's taking a break from diluting.
High volume = pps moves down because Goober's diluting again.
It's really that simple. That's the way Goober runs this company....with deceit and lies. That's why no ones buying.
Not true; more deception from Goober. This past Thursday and Friday is proof.
Just in terms of volume and the pps movement, over 500k shares traded on Thursday and it showed major selling pressure which could be nothing but dilution. There was no bad news; the only other explanation to sell at these low levels would be his cronies cashing in on their free shares; there is no other source for that much selling pressure. On Friday, low volume and a rise in pps which means retail was buying a little more than selling.
Except for a couple trading days out of many...High volume = selling pressure and thus continuing dilution. low volume means Goober's taking a break from dilution and retail grabbing a few shares at these low prices.
It's so obvious...
"soon"...as in the length of a piece of string? You have no idea unless you have something quotable or written from Bernard. Soon means nothing if it's based on a hunch which is what this comment sounds like. Soon can mean next week or next year the way this guy runs a business.
All I know is that with no news, this thing only runs on chat board hype and the hype has been spent, thus any runs are met with lower highs. It all comes down to whether you think some good news will be coming and whether your in at these prices when or even if that news ever makes it and then it has to indeed be good news.
Doesn't matter how it's spelled, he's a crony and it's obvious he's selling already....
As of to say to all the shareholders...."Hey, I'm now part of the Goober team of mismanagement and deception and thank you for your money you poor and misguided shareholder".
Isn't anyone getting tired of getting screwed by Goober? It's so fricking obvious he has no intention of making the shareholder feel a part of his company plans other than the being screwed part.
RS soon? Wouldn't that just be the icing on Goobers cake.
Nothing but more shares given away to a new crony of his to sell and the pps is the proof.
bgruder@lifeclips.com.
Don't be shy, ask him the tough questions that are practical (elude to some transparency, yet stay within SEC reason) and then share on the board....if he replies. Good luck.
Lets just say that Goober isn't communicating with me anymore.
Too many shares out there on the sidelines waiting to be sold that will continue to keep this from any momentum upwards. "Booby Goober" in his poor business acumen, funded this entire company through shares so he has zero skin in it financially.
I guess you haven't noticed the SS change between June and September? He even gave some away to his cronies...his Board of Deviants. Why do you think he went silent for so long after all these distribution agreement announcements....cause he was diluting.
Everything will need to be crossed for this to ever have a chance. Goober's lack of business prowess and savvy and no regard for the shareholders is why the pps has tanked and remains tanked. No major investment backer has taken this on which speaks volumes considering what he claims to have accomplished.
He got what he wanted, but it's all been at the shareholders expense. He accomplished what he set out to do, but the deals have been extremely costly and it's all been with shares. That way, if the Mobeego battery fails and the camera fails in term of market acceptance and revenue generation, the shareholder looses, not him.
Everything has been off the backs of shareholders and that's why even with all this promising news and agreements, the pps can't get a leg to stand on anymore. So many entities out there with shares yet to sell because of him and he doesn't give a crap about the shareholders except to have deceived long enough to raise/steal money and take a stab at a business.
I'll agree with you if this thing goes back above $.70 without a RS.
There was no reason to have let this slide as far as it did. Just because we finally have a few goods days on the pps doesn't mean we are all root for Bob like so many, don't count your chickens.... Many are still way down and it's a long way to go from the depths he took the investment community just with his poor leadership.
Just so you know....
The only good news is that the filing of the annual report took place; that is it!
Now the bad news outside of the financials and stock....
- The filing was at the very last minute = poor leadership.
- The company continues to keep folks in the dark = mischievous behavior.
- No employees = poor vision
- The filings do not address the status of the Mobeego distributor endeavors which should be the current most tangible revenue generator = lack of transparency.
- No mention as to whether the HP payment deadline was made.
- No mention of the distribution agreements.
- no mention of expected revenue for Q1
Unless I'm missing something, the company and more importantly, the leadership, is totally incompetent. Goobers past is a clear sign that he does not have what it takes to grow a business much less run one.
Lets see if the Goober was too busy diluting to file on the very last minute after a formal filed delay because we all know how "management" has been so "dedicated" to fleecing the shareholders. Aren't his 3 peeps he gave 100s of thousands of shares to helping out with the managing of this so called business?...oh that's right, they are on the Board of Deceivers.
Registrant has been unable to complete its Form 10-K for the year ended June 30, 2016 within the prescribed time because of delays in completing the preparation of its financial statements and its management discussion and analysis. Such delays are primarily due to Registrant’s management’s dedication of such management’s time to business matters. This has taken a significant amount of management’s time away from the preparation of the Form 10-K and delayed the preparation of the audited financial statements for the year ended June 30, 2016 .
This will hit sub penny by the end of next week if Goober does not file or if the filing indicates a failing business...i.e. no HP deal, distribution agreements falling through, camera production delays....but he won't tell the investment community that, what was I thinking. He doesn't share anything anymore and what he was sharing in June and July are probably all lies.
AND THIS POST IS ON TOPIC! IT SOLE ABOUT THE LEADER OF THE COMPANY
A whopping $4-5K traded today....wow, those dips don't have a chance.
PLEEEEEZZZZE. This is dead until some positive news comes out or maybe Bernarturd just finally gave up.
Well there's now the proof Goober has been diluting all during the pump. I brought this up numerous times the last 3 months. He probably started right around his deceiving conference call.
As of Sept. 29 2016.
A/S 300,000,000 (no change).
O/S 70,836,334 (was 53,330,00 back in June).
Float 22,690,429 (was 12,105,000).
So about 16.5 million shares added to the OS. I presume the 3MM he gave away to his peeps falls under the OS since they were never identified as restricted. So that leaves about 12MM between him and the promo with an average price of say .30 cents to be conservative = $4MM is cash he's and the promo gotten from the dump. The only way he didn't have the cash to pay HP is if he pocketed it, and we all now that is a very good possibility.
Have you tried to reach out to the cheat?
Need any sort of news for this to go anywhere. It has more than stalled since the last measly run to .003.
Wrong! I never got mine.
I even asked Goober about it when we were on speaking terms and he said he would personally look into it and make sure one was on it's way. It never arrived...deception is his nature.
Too bad such a good product had to fall into the hands of a greedy, conniving SOB.
Thanks tat4tat for the DD. It must have just snuck onto the OTC data page.
Well there's now the proof Goober has been diluting all during the pump. I brought this up numerous times the last 3 months. H probably started right around his deceiving conference call.
As of Sept. 29 2016.
A/S 300,000,000 (no change).
O/S 70,836,334 (was 53,330,00 back in June).
Float 22,690,429 (was 12,105,000).
So about 16.5 million shares added to the OS. I presume the 3MM he gave away to his peeps falls under the OS since they were never identified as restricted. So that leaves about 12MM between him and the promo with an average price of say .30 cents to be conservative = $4MM is cash he's gotten from the dump. If he didn't make the HP payment, then he's a fricking scam artist.
You and I surely don't see eye to eye on this CEO and company direction, your very pro and I'm very con, not on the product, but certainly on the leadership, but I'll admit, that was some good investigating/DD.
You and I are on the same page my friend. Great product, exceptionally malice leadership.
Goober could have steered his conference call in a more realistic way to maintain investor loyalty/confidence, instead he took the low road and deceived the investment community. He diluted into all these pumps just like a typical penny stock leader would do after formally announcing he wasn't going to follow that, that he and his company were different. As I've said before, his spots haven't changed even after all these years.
I guess it comes down to this....Can the product's popularity and actual sales, and I'm referring more to the battery, trump his deceptive ways and get this company off the ground?
I still have shares, but sold most in the high 40s when it was clear the pump and dump was in full swing.
The money is coming off the backs of the investors, it has for the last 2 months. I'm sure this deal has been in the works for a while and he knew he was going to need money quick to make it happen. That's why there was no quarterly financial filed this go-around, it would have revealed this. He was on time the past 3 QTRs...so one should then ask themselves...why did he miss this one?
Why do you think the pps wasn't taking off with all these distribution announcements in June and July? It because he was milking (diluting) these pumps to obtain the funds to support this and who knows what else; plus stock insider was getting their share of the pot he gave them for the pump. The big problem I have with this A$$ of a CEO is that Goober could have waited a little longer to fund this endeavor with the Mobeego sales instead of investor backs AND that he deceived everyone in saying he's got the shareholder value in mind...Bullcrap! Then he starts giving away shares. Note that the Board of Directors creation was made public through a 8-K filing, not a PR because it showed shares being given away. So it's been a month, has the board met or are they too busy selling their free 750k shares that were available for immediate sale.
The deception continues.
Wait for oil to hit the high $30s, then buy DNR. DNR follows oil price very well.
Oil is headed lower before years end.
Maybe his peeps are selling, you know, those 3 guys he calls Board of Directors that he gave away all those shares to...what a hoot! Most people can't be selling because they didn't buy at these levels. Goober just continues to dilute, plain and simple. That's why there is and will continue to be no momentum upward.
Why not ask him why the financials are over a month late (FY ended June30th) and/or for a share structure update. He won't do it because it shows just how much he's diluting. Try it. He won't respond to my emails or calls anymore. More investors need to hold him accountable, especially with his shaky and unsuccessful history on starting a business. This time though, he does have a product. I'll only give him that.
bgruder@lifeclips.com
WRONG! As you can see, as the buys and sells show, as the spots do not change on Goobers back...he is diluting the shit out of it again.
He's a worm that just keeps wiggling his way into more $ off the backs of shareholders. Google him and his previous attempts at creating a business...his history shows he's a swindler and can and will never make anything work positive for the shareholders, just himself and his peeps. If you havene't heard, his peeps are his newly developed BofDs who got 3MM free shares for nothing except to use their names. i'm sure those shares have started to reach the market already being 25% of them were available for immediate sale.
The cow that keeps on milking shareholders.
Oh, ask Goober where the 10K is...it's only a month+ late and my guess he's holding off because it has to show the share structure and he's not done milking this go around.
There was no "hell of a run" on the Mobeego announcements except when it was initially announced Gruder was going to acquire the company. Once acquired he started his pumping/promotion scheme and distribution announcements so he could dilute the hell out of the stock. so with all that positive news for nearly 2 months, the pps suffered.
Q: Why don't you think the 4th QTR financials haven't ever been released?
A: Because it would show the share structure and thus all the dilution that has and is taking place.
The biggest laugh I had was when the S-1 was filed and he spun it as a way to up-list to the NASDAQ.
What about all those shares he gave to his so called directors? It looks like the 750K of them have already hit the market.
What a conniving little squirmy worm he is. Great product, immoral, greedy, deceiving leadership.
GLTY
Goober doesn't want to file because it will show the updated share structure. This will indeed be evidence of all the dilution that has been going on the last 3 months and he doesn't want to do that...he wants to keep diluting and ride everything (including his life style) off the backs of shareholders because that's the color of his spots.
Wrong! Dilution and his new peeps that he gave away millions of shares to who are methodically selling....that's what's keeping it down and reaching new lows.
I never got my Mobeego starter kit either and I know I was eligible. Goober even confirmed in an email back when I inquired about not getting one that I should have received one. Just another slight by Goober. Product looks viable, CEO looks like a scam artist.
Gruders peeps are methodically cashing in on their 750K shares he gave them. He calls them Board of Directors...what a hoot! I have another name for them....or maybe they are the bookies he owes money to.
Sorry, stick a fork in this one with no financing and nothing to write home about in the latest financial release. If it does recover, it will be short lived and even lower highs reached. Benarturd can't get financing because no one with any money to loan has any confidence in him and his businesses.
Watching your dog drive is more interesting than watching this stock. Fizzle fizzle....no surprise with that kind of filing.
Not much to review, it's all in the interpretation of the news/filing/announcement. Here are the extremes in my opinion:
Pessimistic View: Gruder hired 3 of his peeps, Moe, Larry and Curley and called them Directors of the board giving them each 1MM shares each for a total of 3MM shares where 750K shares can be immediately sold into the market.
Optimistic View: Gruder setting up a board of directors with competent business folks in another step to grow the business and turn it into a legitimate company worthy of an uplisting. AND I would presume with a handshake deal with the 3 of them that they do not immediately sell the 750K shares into the market, much less the remaining 2,250K shares in the next year until they do what they are suppose to do....grow the business and increase share holder value.
I guess we'll see what the market thinks and whether the 3 of them start unloading their shares. I know what I think.
Waiting patiently for another chance like I did last time at .0068.
GLTY. Hopefully the long overdue rise in pps keeps it's momentum
Taste some more. It's all good for you.
So nothing on financing? Everything is riding on that.
Not today.
Not sure if it's an all out scam, but the CEO is certainly shady due to his past...something I've been claiming for months now and finally a few on this board have shared my opinion. Investors are getting fleeced; it's just a matter if Goober continues his greedy path or is serious about growing a business with shareholders who got him this far to begin with.
I too have yet and probably will never receive my starter kit, so at this time I do not have a hands on experience of the Mobeego battery. I'm sure it works, just not as great as pumpers or the company says it is. I'm still invested, but not nearly as much. sold majority when pps was in high .50s
I have exchanged about 6 different emails with Goober until he stopped responding because I started asking some tough questions which were just that, tough; they did not compromise business ethics or ask for info that couldn't be made public. Examples: What's the hold up of releasing the Q4 financials? If your S-1 filing was more about uplisting to NADAQ, why can't you get the financial filings out on time? When is the latest share structure going to be posted on OTC? Why not start putting some dollar values to distribution agreements/orders?
Needless to say, no word back anymore. I don't think he likes me anymore...too bad, so sad. The announcements keep coming, but the pps keeps dropping. If there was some other CEO w/o the scamming history running this company, the pps would be 2 bucks today, if not higher with all that positive news. GLTY.