Life Clips Inc (fka LCLP)

[Dolly Llama]

I think like probably most of us, I was expecting a 10-Q quarterly report for the second quarter to come out sometime in late July or August. A quarterly report would have been long overdue by now. But I should have noticed that a year ago no quarterly report was issued after the end of the second quarter. Instead that is when the Company issued its 10-K annual report. So the Company is simply following the same pattern as last year, except this time the 10-K will be late. However the SEC grants more time to file 10-K's than it does to file 10-Q's. (90 days instead of 45.) Since this year's 10-K annual report wouldn't have been overdue until tomorrow, and since an extension was filled today giving us 15 more days, we're still good.

Here's the link for Life Clip's SEC filings:

http://www.otcmarkets.com/stock/LCLP/filings

From today's filing:

"[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;"