Life Clips'® CEO Issues Shareholder Update

CHARLOTTE, N.C., June 27, 2016 (GLOBE NEWSWIRE) -- Life Clips®, Inc. (OTCQB:LCLP), an innovative brand of products revolutionizing the way people capture, manage, enjoy, and charge the devices that share life's moments, issues the following shareholder update from CEO Bob Gruder.

Dear All Current & Prospective Shareholders,

First and foremost, I want to thank all of you for your support. Everyone at Life Clips® Inc. (OTCQB:LCLP) has had a very busy & successful 60 days and our plans are for it to get bigger and better. For those that just started becoming familiar with (LCLP) here is some of our recent accomplishments:

Tuesday May 3, 2016 (LCLP) announced a binding letter of intent to purchase Israeli battery maker, Batterfly Energy, ltd owner of Mobeego®, an affordable & award winning one time use tetherless, disposable battery that plugs directly into one’s mobile device, iPad, or action camera. (full release can be read here)

Monday June 6, 2016 it was announced that (LCLP) was taking all necessary action to up-list to the OTCQB® Venture Market Place. (full release can be read here).

On Friday June 10, 2016 Life Clips® announced that the company had successfully up-listed to the OTCQB Venture Market Place and that (LCLP) signed and entered into a definitive agreement for the acquisition of Batterfly Energy, ltd. (full releases can be read here).

These aforementioned announcements and the swift execution of these announcements are but a small example of how we conduct business at Life Clips®, Inc. We say what we do and then very quickly and professionally do what we say, which allows us to hopefully create a real trust with you, our shareholders. This as well allows us to conduct ourselves with integrity; something that is not always present with a “Penny Stock” Company.

Currently Mobeego® is in 14 different countries including the U.S.A and is in over 1000 retail stores worldwide and we anticipate many more on the way both abroad and within the U.S. The July 1, 2016 Mobeego® Full / Hard U.S. Launch is quickly approaching and everyone at (LCLP) is extremely excited especially since we have been communicating with several big box retailers within the U.S. and these conversations so far have been extremely positive.

With all the excitement surrounding Mobeego® it’s important to remember that Life Clips® is not a “1 trick pony.” The LifeClips 4k Action Camera has several key features that competitors do not come standard with, such as an internal gyroscope for greater image stabilization, built in motion detection for activation, and a 12 mega-pixel image camera. The LifeClips® camera will come with video options of 4k, 2k, 1080p and 720p. The camera will come with a standard 32GB memory card. The LifeClips® camera will also feature burst mode, time lapse & looping video modes.

In addition to the aforementioned features it’s worth mentioning that other competing models retails for $399 and $499 while the LifeClips® 4k Action Camera retails for $189.99 USD. Pre-Sale is currently underway for the LifeClips® 4k Action Camera and we anticipate shipping to consumers at the end of June.

To all (LCLP) shareholders, potential shareholders & customers, thank you for being a part of this journey with us. Everyone at (LCLP) is dedicated to growing this company into a large global brand and an overwhelming success, the best is ahead!

Best Regards,

Bob Gruder.
Life Clips, Inc.

About Mobeego®

The Mobeego® brand launched in November 2015. Mobeego® is available within 15 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 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

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 info@lifeclips.com Investor Relations David Kugelman Atlanta Capital Partners, LLC (404) 856-9157 (866) 692-6847 Toll Free - U.S. And Canada

Source:Life Clips, Inc.