Life Clips Inc (fka LCLP)

[Dolly Llama]

If we're going to bring up that 2008 case against Stinger Systems, Inc., then in order to give a fair picture we should also mention how the judge ruled in the case. There were no fines or penalties or admission of violations.

"The Securities and Exchange Commission announced today that on May 1, 2008, the Honorable Willis B. Hunt, United States District Judge for the Northern District of Georgia, entered the Final Judgement as to Defendant Stinger Systems, Inc. ("Stinger"). Stinger was enjoined from further violations of Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. Stinger consented to the entry of the final judgement without admitting or denying any of the allegations of the Commission's Complaint."

judge's ruling