Life Clips Inc (fka LCLP)

[Dolly Llama]

Thanks, Bishop123. I rely on the public statements released by the company.

This is from page 6 of today's 10-Q:

Life Clips is restructuring to become a global consumer electronics company focused on developing hardware and accessories for mobility through the Mobeego brand and Digital Imaging Products through the Hewlett Packard (HP) brand. We are developing the design, sourcing, logistics and sales operations to quickly increase our sales of our existing products and put us in a position to launch new product in 2017.
 
The company will continue to focus on the development of mobile power and imaging products. We are immediately increasing our sales efforts on our unique products that are already available such as the Mobeego one-time charger for mobile devices. This device allows you to use your smartphone, tablet or any mobile device up to 4 hours on a single emergency charge. Once your done you simply dispose of the recyclable battery.

Outside the standard SEC filings the company hasn't issued any letters to shareholders in a while. We really need to hear directly from the new CEO about his intentions. He really should have introduced himself to us as well. Questions remain about our relationship with Mobeego. The last we heard the company was in default on payments to Mobeego. I see that Mobeego is still selling onlne at places like Amazon. So we need to know if a deal has been reached about the default, and what it is. And what is this "new product" to potentially be launched in 2017? Lots of questions.

But I'm relieved that the quarterly report has at last been posted. I'm hopeful about the future.