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Re: it_happens post# 6256

Wednesday, 12/14/2016 12:00:55 PM

Wednesday, December 14, 2016 12:00:55 PM

Post# of 48255
Gruder is completely inept at running a business much less stating one. LCLP is just his latest blunder. I would hope that the consequences of his ineptitude, which financially has fallen onto the backs of the "valued shareholder" also falls on him personally from an ethical/legal standpoint; that he is called out on his lying and cheating in the courts. He barely got by the last time with Stinger, but one would think his approach on getting the stock price increased or maintained in price through his dilution process has real legal merit to put him back into court, found guilty and put behind bars. The BS is just overwhelming and even recent:

Dear Shareholder:

I'd like to address the decline of share price in Life Clips stock. Let me begin by first stating that I could not be any more excited about the Company's future and prospects. The current price per share is in no way indicative of the state of the company. We are meeting & exceeding our business goals and objectives, which includes generating revenue. As we continue to progress forward we are confident that the market will continue to see the long term value in Life Clips. I trust that the market will in short order begin to reflect where the company actually is which I believe to be far greater than its current share price.

I want to reiterate our desire to uplift to NASDAQ as soon as possible. Which means the Company currently has no plans to reverse the stock because it believes in its future prospects unless it would be in concert with an application to uplift to NASDAQ.

We have recently entered into some tremendous partnerships which we anticipate will propel Life Clips to become a world-wide leader in the action camera space. Additionally, we continue to follow our roadmap which we expect will accelerate our growth. Let me reiterate that Life Clips has recently entered into agreements which we expect will help propel us to the next level. We anticipate sharing some of this information in the very near future which will publicly validate our efforts as well as build investor confidence.


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