Life Clips Inc (fka LCLP)

[Dolly Llama]

How does this reflect on the product, if you can't meet standard filing timelines..ever.. not in a single instance

While I agree with you that it reflects poorly on a company to file late, the company has filed on time many times.

In all the company has filed eight 10-Q quarterly reports. Four of those were on time, two others received five-day extension which they met, so they were not delinquent. Two received extensions but missed the extended deadline and were delinquent - one by 9 days, and one by 22 days.

Also the company has filed two 10-K annual reports. One was on time, and one received a fifteen-day extension which it missed by one day, so it was one day delinquent.

And of course now the current 10-K missed its extended deadline and is 20 days delinquent.

Here is the breakdown, which can be checked at the link below. Keep in mind that 10-Q quarterly reports must be filed within 45 calendar days after the end of the quarter, and can receive an extension of 5 calendar days. 10-K annual reports must be filed within 90 calendar days after the end of the quarter, and can receive an extension of 15 calendar days.

Last quarter 2014 10-Q filed on time.

First quarter 2015 10-Q filed on time.
Second quarter 2015 annual 10-K filed on time.
Third quarter 2015 10-Q filed on time.
Fourth quarter 2015 10-Q filed within extended deadline.

First quarter 2016 10-Q filed on time.
Second quarter 2016 annual 10-K missed extended deadline by 1 day.
Third quarter 2016 10-Q missed extended deadline by 9 days.
Fourth quarter 2016 10-Q missed extended deadline by 22 days.

First quarter 2017 10-Q filed within extended deadline.
Second quarter 2017 annual 10-K missed extended deadline. Now 20 days delinquent as of today.

LCLP filings