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Thursday, 07/07/2016 5:01:34 PM

Thursday, July 07, 2016 5:01:34 PM

Post# of 48252
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

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