Tags Posts tagged with "Life Clips"

Life Clips

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CHARLOTTE, N.C., Oct. 26, 216 /PRNewswire/ — Life Clips®, Inc. (LCLP), an innovative manufacturer of products revolutionizing the way people capture, manage, enjoy, and charge the devices that share life’s moments is pleased to announce that Robert “Bob” Finigan will become President of Life Clips. Robert Gruder, Life Clips’ present Chief Executive Officer will relinquish his duties as President so he can focus on directive actions and strategic planning for the Company.

Robert Gruder commented, “Bob will be a welcome addition to the Life Clips management team. With the advent of our Licensing Agreement with HP, Inc., we need to appoint individuals who can provide structure to Life Clips and Bob is just that person.”

Mr. Finigan has more than 20 years developing international brand strategies for retail, consumer product, fashion and technology brands. Robert has extensive experience with corporate strategy, branding, digital, marketing, and product development.

Robert has served as both Chief Branding Officer and Global Chief Marketing Officer of private-equity backed Modere, a social retailer that created a forward-thinking approach to overall wellness. At Modere, he was the architect of a new business model, brand development and strategy, R&D, and product development teams. As Chief Marketing Officer, Robert’s retail vision led a business model transformation, complete rebranding efforts, and has been a key force in driving the transition globally.

Prior to Modere, Mr. Finigan was Managing Partner and Chief Creative Officer for Seismic Partners.

Prior to Seismic, he served as Executive Vice President at Mood Media (MM.TO), a provider of Experience Design solutions. With more than 500,000 active client locations around the globe, Robert helped enhance the customer experience through interactive mobile marketing, visual, audio and sensory solutions.

Robert was founder, Chief Experience Officer/Creative Director for a successful technology firm, Vice President at Bank of America, and has held various executive leadership roles in agencies, design firms, start-ups and new venture development concepts through his firm, Black Labs Ventures.

About Life Clips®

Life Clips manufactures and sells action, dash, and 360 cameras. The Company is an HP partner to market these products. More information can be seen at www.lifeclips.com. Life Clips also sells its innovative one-time use emergency cell phone battery known as Mobeego. The Mobeego® brand be seen at the Mobeego site: www.mobeego.com.

Safe Harbor Statement

In addition to statements of current and historical fact, this Press Release contains forward-looking statements. The words “forecast,” “will,” “intend,” “anticipate,” “project,” “intend,” “expect,” “should,” “believe” and similar expressions are intended to identify forward-looking statements. Although we believe that we have a reasonable basis for each forward-looking statement contained in this Press Release, we caution you that these statements are based on a combination of facts and factors currently known by Life Clips and its projections of the future, about which it cannot be certain. These forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors, including those discussed in “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Life Clips’ annual report on Form 10-Q and quarterly reports on Form 10-Q filed with the Securities and Exchange Commission (the “SEC”), as well as matters discussed in Life Clips’ financial statements and related notes and other filings with the SEC, which may cause its actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Accordingly, all forward-looking statements should be evaluated with an understanding of their inherent uncertainty. Except as required by law, Life Clips assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

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Forward-Looking Statements

This Current Report on Form 8-K and other written and oral statements made from time to time by us may contain so-called “forward-looking statements,” all of which are subject to risks and uncertainties. Forward-looking statements can be identified by the use of words such as “expects,” “plans,” “will,” “forecasts,” “projects,” “intends,” “estimates,” and other words of similar meaning. One can identify them by the fact that they do not relate strictly to historical or current facts. These statements are likely to address our growth strategy, financial results and product and development programs. One must carefully consider any such statement and should understand that many factors could cause actual results to differ from our forward looking statements. These factors may include inaccurate assumptions and a broad variety of other risks and uncertainties, including some that are known and some that are not. No forward looking statement can be guaranteed and actual future results may vary materially.

Information regarding market and industry statistics contained in this Current Report on Form 8-K is included based on information available to us that we believe is accurate. It is generally based on industry and other publications that are not produced for purposes of securities offerings or economic analysis. We have not reviewed or included data from all sources, and cannot assure investors of the accuracy or completeness of the data included in this Current Report. Forecasts and other forward-looking information obtained from these sources are subject to the same qualifications and the additional uncertainties accompanying any estimates of future market size, revenue and market acceptance of products and services. We do not assume any obligation to update any forward-looking statement. As a result, investors should not place undue reliance on these forward-looking statements.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Effective October 13, 2016, the board of directors of the Company appointed Robert Finigan to serve as President of the Company. Mr. Finigan was granted 3,000,000 stock options on October 13, 2016 as compensation for his service as President, which shall vest as 500,000 shares at the end of the first three months, 500,000 shares at the end of the seventh month, 1,000,000 shares on the one year anniversary of the grant date, and 1,000,000 shares on the eighteen-month anniversary of the grant date.

Mr. Finigan has served in interim C-Level executive roles and board advisory positions for several start-up and technology companies as Founder of Black Labs Ventures LLC, a strategy consulting firm from 2015 through 2016, in addition to leading product and marketing efforts as Chief Marketing Officer and Chief Branding Officer for Modere LLC, a global health and wellness brand from October 2012 through 2016. Mr. Finigan served as Executive Vice President for Mood Media, a global media and entertainment company from 2002 through 2012, and served as Vice President of New Media at Bank of America from 1999-2002. Mr. Finigan obtained a BFA in Design and Photography from the Rochester Institute of technology, College of Imaging Arts and Sciences in 1997.

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CHARLOTTE, N.C., Oct. 17, 2016 /PRNewswire/ — Life Clips®, Inc. (LCLP), an innovative brand of products revolutionizing the way people capture, manage, enjoy, and charge the devices that share life’s moments, today issued the following Special Letter to Shareholders from its Founder and Chief Executive Officer, Robert Gruder.

Dear Shareholder:

I’d like to address the decline of share price in Life Clips stock. Let me begin by first stating that I could not be any more excited about the Company’s future and prospects. The current price per share is in no way indicative of the state of the company. We are meeting & exceeding our business goals and objectives, which includes generating revenue. As we continue to progress forward we are confident that the market will continue to see the long term value in Life Clips. I trust that the market will in short order begin to reflect where the company actually is which I believe to be far greater than its current share price.

I want to reiterate our desire to uplift to NASDAQ as soon as possible. Which means the Company currently has no plans to reverse the stock because it believes in its future prospects unless it would be in concert with an application to uplift to NASDAQ.

We have recently entered into some tremendous partnerships which we anticipate will propel Life Clips to become a world-wide leader in the action camera space. Additionally, we continue to follow our roadmap which we expect will accelerate our growth. Let me reiterate that Life Clips has recently entered into agreements which we expect will help propel us to the next level. We anticipate sharing some of this information in the very near future which will publicly validate our efforts as well as build investor confidence.

Sincerely,
Robert Gruder, Chief Executive Officer

About Life Clips®

Life Clips manufactures and sells action, dash, and 360 cameras. The Company is an HP partner to market these products. More information can be seen at www.lifeclips.com. Life Clips also sells its innovative one-time use emergency cell phone battery known as Mobeego®. The Mobeego® brand be seen at the Mobeego® site: http://www.mobeego.com.

Safe Harbor Statement
In addition to statements of current and historical fact, this Press Release contains forward-looking statements. The words “forecast,” “will,” “intend,” “anticipate,” “project,” “intend,” “expect,” “should,” “believe” and similar expressions are intended to identify forward-looking statements. Although we believe that we have a reasonable basis for each forward-looking statement contained in this Press Release, we caution you that these statements are based on a combination of facts and factors currently known by Life Clips and its projections of the future, about which it cannot be certain. These forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors, including those discussed in “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Life Clips’ annual report on Form 10-Q and quarterly reports on Form 10-Q filed with the Securities and Exchange Commission (the “SEC”), as well as matters discussed in Life Clips’ financial statements and related notes and other filings with the SEC, which may cause its actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Accordingly, all forward-looking statements should be evaluated with an understanding of their inherent uncertainty. Except as required by law, Life Clips assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. All distribution agreements call for minimum quarterly quotas. There is a risk that the distributor will not meet these quarterly quotas. In the event the quotas are not met the agreements are in breech which could void the agreement. Therefore the dollar volumes may not be attained.

CONTACT INFORMATION:
Robert Gruder
Chief Executive Officer
[email protected]

Life Clips Investor Relations:
David Kugelman
Atlanta Capital Partners, LLC
(404) 856-9157
(866) 692-6847 Toll Free – U.S. And Canada

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    Life Clips®, Inc. (LCLP), an innovative brand of products revolutionizing the way people capture, manage, enjoy, and charge the devices that share life’s moments is pleased to announce that it has closed on a distribution deal for Mobeego® products in Greece and Brunei. The Greece Distributors, October Ventures, LLC, has contractually committed to purchase a minimum of 400,000 units which represents a potential value of $1.3M. Azutech Sdn Bhd has contractually committed to purchase 10,000 units.

    Bob Gruder, CEO of Life Clips, Inc., states, “We continue to build our world-wide footprint. Our goal is to make the Mobeego product ubiquitous.”

    About Life Clips®
    Life Clips manufactures and sells action, dash, and 360 cameras. The Company is an HP partner to market these products. More information can be seen at www.lifclips.com. Life Clips also sells its innovative one-time use emergency cell phone battery known as Mobeego.The Mobeego® brand be seen at the Mobeego site: www.mobeego.com.

    Safe Harbor Statement
    In addition to statements of current and historical fact, this Press Release contains forward-looking statements. The words “forecast,” “will,” “intend,” “anticipate,” “project,” “intend,” “expect,” “should,” “believe” and similar expressions are intended to identify forward-looking statements. Although we believe that we have a reasonable basis for each forward-looking statement contained in this Press Release, we caution you that these statements are based on a combination of facts and factors currently known by Life Clips and its projections of the future, about which it cannot be certain. These forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors, including those discussed in “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Life Clips’ annual report on Form 10-Q and quarterly reports on Form 10-Q filed with the Securities and Exchange Commission (the “SEC”), as well as matters discussed in Life Clips’ financial statements and related notes and other filings with the SEC, which may cause its actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Accordingly, all forward-looking statements should be evaluated with an understanding of their inherent uncertainty. Except as required by law, Life Clips assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. All distribution agreements call for minimum quarterly quotas. There is a risk that the distributor will not meet these quarterly quotas. In the event the quotas are not met the agreements are in breech which could void the agreement. Therefore the dollar volumes may not be attained.

    CONTACT INFORMATION:
    Robert Gruder
    Chief Executive Officer
    [email protected]

    Life Clips Investor Relations
    David Kugelman
    Atlanta Capital Partners, LLC
    (404) 856-9157
    (866) 692-6847 Toll Free – U.S. And Canada

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    CHARLOTTE, N.C., Aug. 30, 2016 /PRNewswire/ — Life Clips®, Inc. (OTC-QB: LCLP), an innovative brand of products revolutionizing the way people capture, manage, enjoy, and charge the devices that share life’s moments, is pleased to announce that the company has signed an exclusive rep agreement with Retail Ready Group, LLC for distribution of its 4K action camera and Mobeego into some of the largest retailers in the world.

    Retail Ready Group has established relationships with outlets that include Bros. Corp, Central Markets, Dick’s Sporting Goods, Gamestop, JC Penny, Lowes, New Egg, Schnuck’s, 7-Eleven Corp (US), Market Street/United Grocers, Academy Sports, Albertsons, Battery’s Plus, Bulbs, Brookshire, Big 5 Sports, Conn’s Eton corp (OE), Fred Meyer, Fry’S, HEB, Home Depot, Menards, Meijer, Airport Wireless In Motion, Quick Trip, McLane Corp, REI, Safeway, Sportsman’s Warehouse, Synnex (Disty), Petra (Distyz), Voice Comm (Disty), Allsups Convenience Stores, and Paradies Shops.

    Retail Ready has over 70 years of combined experience in business and our goal is to help companies navigate the field of working with retailers, distributors, and e-commerce outlets.

    In response to this latest milestone, CEO Bob Gruder explained, “As Life Clips continues to open up new sales channels both internationally and here in the US, we’re excited that we’re able to have the experienced team of Retail Ready behind our brands. Retail Ready has relationships with some of the biggest retailers with customer bases that our products are targeted at and we’re more than ready to capitalize on such an opportunity.”

    About Life Clips®, Inc:

    Life Clips is a developer and manufacturer of action cameras aimed at families, action sports enthusiasts, and those on vacation. Life Clips also offers innovative accessories like one time use batteries Mobeego® for mobile devices. Our future cameras will allow for live streaming and filming an event from more than one perspective. High quality videos and stills can be taken from unique positions. www.LifeClips.com

    About Mobeego®

    The Mobeego® brand launched in November 2015. Mobeego® is available within 16 different countries and has sold north of 450,000 units. Mobeego®’s anticipated revenue before the end of Q3 of this year is $1,000,000. The Mobeego® product is an affordable & award winning one time use wireless, disposable & recyclable battery that plugs directly into one’s mobile device, iPad, or action camera. The products can be seen at the Mobeego site: www.mobeego.com

    About Retail Ready Group, LLC

    Retail Ready Group, LLC is a company comprised of retail industry experts. As former corporate professionals they’ve honed their sales and marketing skills by working with the largest retailers on the planet. The Company believes those skills and perspectives gives Retail Ready a distinct advantage when working with its retailer partners. With over 70 years of combined progressive business experience, Retail Ready Group, LLC, helps companies navigate the complexities of working with today’s retailers, e-commerce sites and wholesale distributors. For more information on Retail Ready Group, visit the corporate website: http://www.retailreadygroup.com

    Safe Harbor Statement

    In addition to statements of current and historical fact, this Press Release contains forward-looking statements. The words “forecast,” “will,” “intend,” “anticipate,” “project,” “intend,” “expect,” “should,” “believe” and similar expressions are intended to identify forward-looking statements. Although we believe that we have a reasonable basis for each forward-looking statement contained in this Press Release, we caution you that these statements are based on a combination of facts and factors currently known by Life Clips and its projections of the future, about which it cannot be certain. These forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors, including those discussed in “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Life Clips’ annual report on Form 10-Q and quarterly reports on Form 10-Q filed with the Securities and Exchange Commission (the “SEC”), as well as matters discussed in Life Clips’ financial statements and related notes and other filings with the SEC, which may cause its actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Accordingly, all forward-looking statements should be evaluated with an understanding of their inherent uncertainty. Except as required by law, Life Clips assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

    CONTACT INFORMATION:

    Robert Gruder
    Chief Executive Officer
    [email protected]
    Life Clips Investor Relations

    David Kugelman
    Atlanta Capital Partners, LLC
    (404) 856-9157
    (866) 692-6847 Toll Free – U.S. And Canada

    0 17

    Well, that was fast….It only took 3 days for Facebook’s (FB) new “algorithmic” editors to screw up the trending topics section. You heard that correctly. Less than 1 week since Facebook removed human editors and put an algorithmic system in place, the company trended a fake news story about Megyn Kelly, Fox Network’s news anchor.

    And the tough part is that this kind of mistake was pretty easily avoided. The story reported that Megyn Kelly had been kicked out of the conservative Fox News network for being a secret supporter of Hillary Clinton. This is not likely since no one on Fox would ever think of “bleeding blue” or “siding with the Dems.” But in any case, facebooks “internets” made the decision to highlight this fake story as trending. The story actually out trended Beyonce’s VMA extravaganza, which was heavily trending on competitor site Twitter’s news feed all morning. This would have been an easy catch from a human editor but it seems like the computers are having a case of the Mondays

    By trending the fake story, Facebook leant credibility to the hoax. According to reports Facebook’s algo relies on a number of different data points including different articles and posts about a given topic…a seemingly easily influenced approach to making fake stories go viral. This story on Megyn Kelly was a clear example of it and was actually first promoted to trending because it met the conditions for acceptance at the time (based on Facebook’s review guidelines). Upon re-review, however, the topic was deemed inaccurate and then removed…good work guys, crisis (not) averted.

    But worst case scenario for FB is this…it could confirm suspicions that the social networking site has been purposefully not reporting on conservative news in place of more liberally driven content to trend. Of course this bias-driven conspiracy theory has yet to be proven but still, Facebook wasn’t able to produce complete logs to back up its process to choose trending topics. It’s also not the first time that Facebook’s Trending section has been duped by the algorithm.

    This weekend there were other inaccurate and even inappropriate headlines listed under the trending section on the site. In fact, a story hailing Ann Coulter as a sexist as well as a video of a McChicken sandwich getting sexually assaulted made it to the top of the list. Facebook justified its decision to eliminate human editors last week by saying that the move was necessary in order to scale Trending topics to a broader audience.

    But the company is quickly getting an education in quality content over quantity of the content that gets the title of “trending.” Most of facebook’s users, ironically, are not fact checkers or journalists. Stories that get picked up as trending usually has a lot to do with other content that people look at and click-bait can easily be misunderstood with obvious consequences to the end result. However, Trending’s reliance on clicks and re-shares in this case makes Facebook’s once-helpful news module far less useful for everyone so the moral of the story? Due your own digging and rely on news outlets for news…not social media.

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    Life Clips, Inc. Receives Purchase Order from Distributor H.T. Hackney which Services 30,000 Retail Locations Throughout the U.S.

    CHARLOTTE, N.C., Aug. 26, 2016 /PRNewswire/ — Life Clips®, Inc. (LCLP), an innovative brand of products revolutionizing the way people capture, manage, enjoy, and charge the devices that share life’s moments, is pleased to announce that the company has received its first purchase order for its Mobeego® product, from distributor H.T. Hackney which services over 20,000 stores in the U.S.

    H.T. Hackney has been in business for over 100 years and is one of the largest wholesale distributors in the United States. Hackney services over 30,000 retail customers and stocks over 25,000 products & produces $4 billion in revenue. Their strategically located distribution centers enable them to provide a 22 state distribution network within the U.S.

    Bob Gruder, CEO of Life Clips, Inc., states, “This is the 1st step in being able to walk into convenience stores across the U.S. and purchase (LCLP)’s Mobeego®. The potential revenue that comes with such distribution is enormous and I am extremely excited for the immediate & long term future of Life Clips. HT Hackney is a quality organization with exceptional service.”

    About Life Clips®, Inc:

    Life Clips is a developer and manufacturer of action cameras aimed at families, action sports enthusiasts, and those on vacation. Life Clips also offers innovative accessories like one time use batteries Mobeego® for mobile devices. Our future cameras will allow for live streaming and filming an event from more than one perspective. High quality videos and stills can be taken from unique positions. www.LifeClips.com

    About Mobeego®

    The Mobeego® brand launched in November 2015. Mobeego® is available within 16 different countries and has sold north of 450,000 units. Mobeego®’s anticipated revenue before the end of Q3 of this year is $1,000,000. The Mobeego® product is an affordable & award winning one time use wireless, disposable & recyclable battery that plugs directly into one’s mobile device, iPad, or action camera. The products can be seen at the Mobeego site: www.mobeego.com

    Safe Harbor Statement

    In addition to statements of current and historical fact, this Press Release contains forward-looking statements. The words “forecast,” “will,” “intend,” “anticipate,” “project,” “intend,” “expect,” “should,” “believe” and similar expressions are intended to identify forward-looking statements. Although we believe that we have a reasonable basis for each forward-looking statement contained in this Press Release, we caution you that these statements are based on a combination of facts and factors currently known by Life Clips and its projections of the future, about which it cannot be certain. These forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors, including those discussed in “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Life Clips’ annual report on Form 10-Q and quarterly reports on Form 10-Q filed with the Securities and Exchange Commission (the “SEC”), as well as matters discussed in Life Clips’ financial statements and related notes and other filings with the SEC, which may cause its actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Accordingly, all forward-looking statements should be evaluated with an understanding of their inherent uncertainty. Except as required by law, Life Clips assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

    CONTACT INFORMATION:

    Robert Gruder
    Chief Executive Officer
    [email protected]

    Life Clips Investor Relations

    David Kugelman
    Atlanta Capital Partners, LLC
    (404) 856-9157
    (866) 692-6847 Toll Free – U.S. And Canada

      0 19

      Life Clips®, Inc. (LCLP), an innovative brand of products revolutionizing the way people capture, manage, enjoy, and charge the devices that share life’s moments is pleased to announce that it has closed on a distribution deal for Mobeego® products in Chile, via independent Chilean distributor Jorge Guinguis. The agreement calls for annual minimum quota purchases of 100,000 Mobeego ® units with a total value of at least $170,000 USD. Quarterly quotas must be met to maintain the agreement.

      This is the 3rd six figure international distribution agreement within the past 30 days for (LCLP). August 4, 2016 (LCLP) announces closing on a 400,000 unit Mobeego® distribution agreement within Spain and Portugal worth an estimated $700,000USD. On August 11, 2016 (LCLP) closed a distribution agreement in Brazil for 500,000 Mobeego® units worth an estimate $800,000USD.

      Bob Gruder, CEO of Life Clips, Inc., states, “Sometimes you have to let your results do the talking. These international distribution agreements are just the start as we pursue distribution in other countries & continue to push distribution within the USA.”

      About Mobeego®

      The Mobeego® brand launched in November 2015. Mobeego® is available within 16 different countries and has sold north of 450,000 units. The Mobeego® product is an affordable & award winning one time use wireless, disposable & recyclable battery that plugs directly into one’s mobile device, iPad, or action camera. The products can be seen at the Mobeego site: www.mobeego.com.

      Safe Harbor Statement

      In addition to statements of current and historical fact, this Press Release contains forward-looking statements. The words “forecast,” “will,” “intend,” “anticipate,” “project,” “intend,” “expect,” “should,” “believe” and similar expressions are intended to identify forward-looking statements. Although we believe that we have a reasonable basis for each forward-looking statement contained in this Press Release, we caution you that these statements are based on a combination of facts and factors currently known by Life Clips and its projections of the future, about which it cannot be certain. These forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors, including those discussed in “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Life Clips’ annual report on Form 10-Q and quarterly reports on Form 10-Q filed with the Securities and Exchange Commission (the “SEC”), as well as matters discussed in Life Clips’ financial statements and related notes and other filings with the SEC, which may cause its actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Accordingly, all forward-looking statements should be evaluated with an understanding of their inherent uncertainty. Except as required by law, Life Clips assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. All distribution agreements call for minimum quarterly quotas. There is a risk that the distributor will not meet these quarterly quotas. In the event the quotas are not met the agreements are in breech which could void the agreement. Therefore the dollar volumes may not be attained.

      CONTACT INFORMATION:
      Robert Gruder
      Chief Executive Officer
      [email protected]

      Life Clips Investor Relations
      David Kugelman
      Atlanta Capital Partners, LLC
      (404) 856-9157
      (866) 692-6847 Toll Free – U.S. And Canada

        0 37

        CHARLOTTE, N.C., Aug. 11, 2016 /PRNewswire/ — Life Clips®, Inc. (LCLP), an innovative brand of products revolutionizing the way people capture, manage, enjoy, and charge the devices that share life’s moments is pleased to announce that it has signed a distribution agreement with BConnexion of Brazil. The agreement calls for annual minimum quota purchases of 500,000 Mobeego ® units with a total value of at least $800,000 USD. Quarterly quotas must be met to maintain the agreement.

        Bob Gruder, CEO of Life Clips, Inc., states, “Once again we’ve proven our model to continue growing in the global marketplace. This agreement with BConnexion opens the door for more opportunity in Latin America. BConnexion has experience in selling green products. Because the Mobeego battery can be recycled, this is perfect fit for them. Industry analysis shows that this market will be a hotbed for growth over the next few years and establishing a market now could allow us to gain mass appeal during the boom phase.”

        According to research* from the GSMA, the international association of mobile service providers, estimates show that by 2020, smartphones are expected to comprise 68% of all phone connections in the region. In absolute numbers, this will mean that there will be more than 605 million smartphones in the region by the year 2020.

        “Our entry into Brazil presents a great opportunity and yet another revenue stream for Life Clips and the Mobeego® brand,” Gruder added. “BConnexion has a solid foothold within the Brazilian market and we’ll look to capitalize on their key relationships moving forward.”

        About Life Clips®, Inc:

        Life Clips is a developer and manufacturer of action cameras aimed at families, action sports enthusiasts, and those on vacation. Life Clips also offers innovative accessories like one time use batteries Mobeego® for mobile devices. Our future cameras will allow for live streaming and filming an event from more than one perspective. High quality videos and stills can be taken from unique positions. www.LifeClips.com

        About Mobeego®

        The Mobeego® brand launched in November 2015. Mobeego® is available within 16 different countries and has sold north of 450,000 units. Mobeego®’s anticipated revenue before the end of Q3 of this year is $1,000,000. The Mobeego® product is an affordable & award winning one time use wireless, disposable & recyclable battery that plugs directly into one’s mobile device, iPad, or action camera. The products can be seen at the Mobeego site: www.mobeego.com.

        Safe Harbor Statement

        In addition to statements of current and historical fact, this Press Release contains forward-looking statements. The words “forecast,” “will,” “intend,” “anticipate,” “project,” “intend,” “expect,” “should,” “believe” and similar expressions are intended to identify forward-looking statements. Although we believe that we have a reasonable basis for each forward-looking statement contained in this Press Release, we caution you that these statements are based on a combination of facts and factors currently known by Life Clips and its projections of the future, about which it cannot be certain. These forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors, including those discussed in “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Life Clips’ annual report on Form 10-Q and quarterly reports on Form 10-Q filed with the Securities and Exchange Commission (the “SEC”), as well as matters discussed in Life Clips’ financial statements and related notes and other filings with the SEC, which may cause its actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Accordingly, all forward-looking statements should be evaluated with an understanding of their inherent uncertainty. Except as required by law, Life Clips assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

        External Link For GSMA Research: http://knowledge.wharton.upenn.edu/article/why-latin-america-is-the-next-big-mobile-battleground/

        CONTACT INFORMATION:

        Robert Gruder
        Chief Executive Officer
        [email protected]

        Life Clips Investor Relations
        David Kugelman
        Atlanta Capital Partners, LLC
        (404) 856-9157
        (866) 692-6847 Toll Free – U.S. And Canada

          0 22

          CORAL GABLES, Fla., August 10, 2016 /PRNewswire/ — TechStockInsider.com, your best resource for today’s emerging technology industry, recently announced that the company has signed a distribution agreement that has now placed Mobeego in Spain and Portugal.

          The announcement called for a minimum purchase of 400,000 Mobeego units for sale & distribution. Tech Stock Insider comments on this latest announcement stating that this newest endeavor by the company not only adds another stream of Mobeego revenue but could have a major impact on the annual revenues for the company’s 2016 results. Based on a wholesale pricing for Mobeego units, this single order could be worth at least $520,000 in gross revenue.

          It’s the opinion of TechStockInsider.com that not only is this a positive because it brings in over half a million dollars on the low end but it also creates an entirely new, international sales pipeline in Spain and Portugal. With this new stream, in addition to the others that Mobeego & LCLP have globally as well as now in the US, 2016 could be slated to become a milestone year for Life Clips.

          About TechStockInsider.com

          Tech Stock Insider (www.techstockinsider.com) is your best resource for today’s emerging technology industry. Whether you’re looking for technology news, trends in technology, articles within the tech industry and more, TechStockInsider.com is your destination for it all. Our goal is to become the central hub for all who are seeking current Tech Stock News as well as tech industry, political and social news, articles, trends & overall insight, delivered in a way that we all can relate to. Learn as much as you can, then decide whether a position in a publicly traded Technology related stock is right for you.

          About Life Clips®, Inc:

          Life Clips is a developer and manufacturer of action cameras aimed at families, action sports enthusiasts, and those on vacation. Life Clips also offers innovative accessories like one time use batteries Mobeego® for mobile devices. Our future cameras will allow for live streaming and filming an event from more than one perspective. High quality videos and stills can be taken from unique positions. www.LifeClips.com

          About Mobeego®

          The Mobeego® brand launched in November 2015. Mobeego® is available within 16 different countries and has sold north of 450,000 units. Mobeego®’s anticipated revenue before the end of Q3 of this year is $1,000,000. The Mobeego® product is an affordable & award winning one time use wireless, disposable & recyclable battery that plugs directly into one’s mobile device, iPad, or action camera. The products can be seen at the Mobeego site: www.mobeego.com.

          Safe Harbor Statement

          In addition to statements of current and historical fact, this Press Release contains forward-looking statements. The words “forecast,” “will,” “intend,” “anticipate,” “project,” “intend,” “expect,” “should,” “believe” and similar expressions are intended to identify forward-looking statements. Although we believe that we have a reasonable basis for each forward-looking statement contained in this Press Release, we caution you that these statements are based on a combination of facts and factors currently known by Life Clips and its projections of the future, about which it cannot be certain. These forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors, including those discussed in “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Life Clips’ annual report on Form 10-Q and quarterly reports on Form 10-Q filed with the Securities and Exchange Commission (the “SEC”), as well as matters discussed in Life Clips’ financial statements and related notes and other filings with the SEC, which may cause its actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Accordingly, all forward-looking statements should be evaluated with an understanding of their inherent uncertainty. Except as required by law, Life Clips assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

          Contact:
          [email protected]

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