I see A/S to go to 1B after rs--->
This Information Statement is being mailed on or about July 19, 2021 to the holders of record at the close of business on June 17, 2021 (the “Record Date”) of shares of the common stock of Life Clips, Inc., a Wyoming corporation, in connection with actions taken by the holders of a majority of our outstanding common stock as follows:
A. To effect a reverse split of the Company’s common stock on the basis of 15 (Fifteen) common shares for 1 (One) new common share.
B. To amend the Company’s Articles of Incorporation, to change the number of authorized shares of common stock of the Company to 1,000,000,000, $0.0010 par value, following the reverse split.
The action above was approved on June 24, 2021, by one holder of our Series A preferred stock representing a majority of our issued and outstanding Common Stock, as of such date, by execution of a written consent in lieu of a special meeting of stockholders (the “Majority Stockholder Consent”), approving the above matter, which had previously been approved by the Board of Directors of the Company on June 3, 2021, and recommended to be presented to the majority stockholders for their approval.
