Life Clips Inc (fka LCLP)

[x-ray-eyes]

Imagine trying to get large 1-A investors. Investor asks about the revenue and expenses of the company and finds the salaries of 300K and 150K when the revenue producing operations appear to be primarily overseas. Investor asks why the large salaries and travel expenses when cash is needed desperately by the offices overseas needing growth capital. Red Flag goes off as the Large investor knows the salaries are out of whack and says "no thanks" to the 1-A offering.

imo