CHARLOTTE, N.C., June 10, 2016 (GLOBE NEWSWIRE) -- Life Clips, Inc. (OTCQB:LCLP), an innovative brand of products revolutionizing the way people capture, manage, enjoy, & charge the devices that share life's moments, is pleased to announce that it has successfully completed its up-listing to the OTCQB® Venture Market Place.
(OTCQB:LCLP) believes that the OTCQB® Venture Market Place provides a high level of professionalism, transparency & confidence that lower OTC tiers do not provide. To be eligible, companies must be current in all their reporting and undergo an annual verification and management certification process with a minimum bid price of $0.01, all requirements (OTCQB:LCLP) meets.
Bob Gruder CEO of Life Clips stated: “As we move forward, grow & evolve as a company it is crucial that we remain current & transparent in order to provide a real sense confidence current and prospective shareholders can & should rely on.”
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.
About The OTCQB Venture Marketplace:
The OTCQB® Venture Marketplace is for entrepreneurial and development stage U.S. and international companies. To be eligible, companies must be current in their reporting and undergo an annual verification and management certification process. These standards provide a strong baseline of transparency, as well as the technology and regulation to improve the information and trading experience for investors. Companies must meet a minimum $0.01 bid price test and may not be in bankruptcy.
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.