Life Clips Inc (fka LCLP)

[MovedOn]

It's most likely Gruder's (a.k.a. Goober) continued share dilution that are being bought on the so called dips. He has plenty of shares to dilute with even at these low prices to keep the lights on in his failing endeavor.

Looks like Goober may already be selling into these cheap shares for petty cash knowing he won't be able to make the HP payments requirements. He has another big HP payment coming on April 1st of a whopping $125K PLUS $330K minimum in royalty fees for 2017. that's $1/2 MIL in payments he has to make in 2017 and where ares the products????. $75K was it for the 1st QTR after all those distribution agreements were put in place prior.

His ineptitude in business by bighting off more than he can chew and giving away shares to his cronies who we haven't heard one peep from any of them are all derailing the company, investor confidence and the pps and it will soon be Chap11.

He's gone into zero communication mode for a reason and that's not good for investors......and thus here the pps stands at 2 measly pennies. He sure chirped loud and a lot when he needed to deceive and sell into all the misguidance he gave investors, especially at those higher prices.