Life Clips Inc (fka LCLP)

[Dolly Llama]

It's just boilerplate. They said the same thing on page 16 of the 10-Q in May.

"The Company has no agreements in place with its shareholders, officer and director or with any third parties to fund operations beyond the end of the Company’s March 31, 2016 period ended. The Company has not negotiated nor has available to it any other third party sources of liquidity."

May, 2016 10-Q

And they said the same thing on page 15 of the 10-Q in February.

"The Company has no agreements in place with its shareholders, officer and director or with any third parties to fund operations beyond the end of the Company’s December 31, 2015 period ended. The Company has not negotiated nor has available to it any other third party sources of liquidity."

February 2016 10-Q


And they said the same thing on page 11 of the 10-Q in November, 2015.

" The Company has no agreements in place with its shareholders, officer and director or with any third parties to fund operations beyond the end of the Company’s September 30, 2015 quarter."

November, 2015 10-Q

And they said the same thing on page 13 of the 10-Q in May of 2015.

"The Company has no agreements in place with its shareholders, officer and director or with any third parties to fund operations beyond the end of the Company's 2014 fiscal year. The Company has not negotiated nor has available to it any other third party sources of liquidity."

May, 2015 10-Q

Sounds like boilerplate to me.