Life Clips Inc (fka LCLP)

[Dolly Llama]

NEWS: Form NT 10-K just filed - Notification that the annual report will be filed late.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11613972

[X] (a) The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;



[X] (b) The subject annual report, semi-annual report, transition report on Form 10-K, 10-K, 20-F, 11-K or Form N-SAR, or portion thereof will be filed on or before the 15 th calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q, 10-QSB, or portion thereof will be filed on or before the fifth calendar day following the prescribed due date; and

(c) The accountants statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.


Reason stated:

"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 . "