Life Clips Inc (fka LCLP)

[BuyerBeWhere]

I think the game plan is precipitated from the falling out with their auditors. In short, LCLP was told in no uncertain terms that, basically, "if your paper trail is this screwed up, there's no way you can ever hope to secure necessary funding to continue as a going concern. You have two options: Liquidate the company or get this goat screw of a mess cleaned up. In any case, we're out." Having said that, liquidating the company would cost more than any of them make in salary in a year (not to mention the follow-on lawsuits that would be spawned by past creditors seeking their money back) ~ so there was really only one viable course of action to pursue...and that was getting the paperwork caught up in order to be able to approach potential commercial investors / loan underwriters in order to keep the company going. Should Victoria succeed at doing that, THEN perhaps we'll be able to see a company 1-5-10 year plan and some inkling of an idea of what direction she'd like to take this Frankenstein.