0001493152-21-017219.txt : 20210719 0001493152-21-017219.hdr.sgml : 20210719 20210719165303 ACCESSION NUMBER: 0001493152-21-017219 CONFORMED SUBMISSION TYPE: 1-A/A PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20210719 DATE AS OF CHANGE: 20210719 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Life Clips, Inc. CENTRAL INDEX KEY: 0001604930 STANDARD INDUSTRIAL CLASSIFICATION: PHOTOGRAPHIC EQUIPMENT & SUPPLIES [3861] IRS NUMBER: 462378100 STATE OF INCORPORATION: WY FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 1-A/A SEC ACT: 1933 Act SEC FILE NUMBER: 024-11514 FILM NUMBER: 211098419 BUSINESS ADDRESS: STREET 1: 18851 NE 29TH AVE., STREET 2: SUITE 700 - PMB# 348 CITY: AVENTURA STATE: FL ZIP: 33180 BUSINESS PHONE: 800-292-8991 MAIL ADDRESS: STREET 1: 18851 NE 29TH AVE., STREET 2: SUITE 700 - PMB# 348 CITY: AVENTURA STATE: FL ZIP: 33180 FORMER COMPANY: FORMER CONFORMED NAME: Blue Sky Media Corp DATE OF NAME CHANGE: 20140407 1-A/A 1 primary_doc.xml 1-A/A LIVE 0001604930 XXXXXXXX 024-11514 true Life Clips, Inc. WY 2013 0001604930 3861 46-2378100 1 0 18851 NE 29TH AVE. SUITE 700 AVENTURA FL 33180 800-292-8991 Jonathan Leinwand Other 39303.00 0.00 0.00 0.00 39303.00 2022339.00 0.00 8170239.00 -10153275.00 39303.00 0.00 -91239.00 0.00 4807112.00 0.00 0.00 Common Stock 1259831337 000000000 OTC Markets Series A 1000000 000000000 None Debt Securities 0 000000000 None true true Tier2 Audited Equity (common or preferred stock) Y N Y Y N N 1000000000 1259831337 0.0125 5000000.00 0.00 0.00 0.00 5000000.00 Accell Audit & Compliance, P.A. 10000.00 Jonathan D. Leinwand, P.A. 40000.00 4850000.00 true AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY DC PR A0 A1 A2 A3 A4 A5 A6 A7 A8 A9 B0 Z4 Life Clips, Inc. Common Shares 0 0 0 None PART II AND III 2 partiiandiii.htm

 

PART II

 

EXPLANATORY NOTE

 

This Amendment to Form 1-A/A is being filed by Life Clips, Inc. solely for the purpose of amending and providing Exhibit 12.1. Accordingly, this Amendment consists only of Part I, this Explanatory Note, Part III, the signature page, and the amended exhibit. The Offering Circular is unchanged and has therefore been omitted.

 

 
 

 

PART III — EXHIBITS

 

Item 16. Exhibits

 

  (a) Exhibits.

 

Exhibit

Number

  Description
2.1*   Articles of Incorporation of Life Clips, Inc., as Amended
2.2*   Amended Bylaws of Life Clips, Inc.
4.1*   Form of Subscription Agreement for Common Stock
6.1*   Executive Employment Agreement, dated as of June 30, 2017, by and between Life Clips, Inc. and Victoria Rudman incorporated by reference to Form 10-K filed by Life Clips on July 11, 2-18
6.2*   Amendment to Stock Purchase Agreement with Batterfly Energy Ltd. incorporated by reference to Form 8-K filed by Life Clips on July 7, 2016
6.3*   Stock Purchase Agreement with Batterfly Energy Ltd., incorporated by reference to Form 8-K filed by Life Clips on June 14, 2016
6.4*   Employment Agreement of William Singer incorporated by reference to Form 8-K filed by Life Clips on March 7, 201
11.1*   Consent of Accell
11.2**   Consent of Jonathan D. Leinwand, P.A. as contained in Exhibit 12.1
12.1**   Opinion of Jonathan D. Leinwand, P.A.

 

**Filed herewith

*Incorporated herein by reference

 

 
 

 

SIGNATURES

 

Pursuant to the requirements of Regulation A, the issuer certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form 1-A and has duly caused this offering statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Miami, State of Florida, on July 19, 2021.

 

  LIFE CLIPS, INC.
   
  By: /s/ Robert Grinberg
    Robert Grinberg
    Chief Executive Officer

 

This offering statement has been signed by the following persons in the capacities and on the dates indicated below:

 

Signature   Title   Date
/s/ Robert Grinberg   Director and Chief Executive Officer   July 19, 2021
Robert Grinberg   (Principal Executive Officer)    
         
/s/ Victoria Rudman   Chief Financial Officer and Director   July 19, 2021
Victoria Rudman   (Principal Financial and Principal Accounting Officer)    
         
/s/ William Singer   Director   July 19, 2021
William Singer        
         
/s/ Dr. Charles Adelson   Director   July 19, 2021
Dr. Charles Adelson        

 

 

 

EX1A-12 OPN CNSL 3 ex12-1.htm

 

Exhibit 12.1

 

 

Jonathan D. Leinwand, P.A.

18305 Biscayne Blvd.

Suite 200

Aventura, FL 33160

Tel: (954) 903-7856

Fax: (954) 252-4265

   
  E-mail: jonathan@jdlpa.com

 

July 19, 2021

 

Board of Directors

Life Clips, Inc.

18851 NE 29th Ave., Suite 700

Aventura, FL 33180

 

Ladies and Gentlemen:

 

We are acting as counsel to Life Clips, Inc., a Wyoming corporation (“Life Clips”), for the purpose of rendering an opinion as to the legality of the shares of Life Clips’ common stock (the “Shares”), to be offered and distributed by Life Clips pursuant to an offering statement to be filed under Regulation A of the Securities Act of 1933, as amended, by Life Clips, with the U.S. Securities and Exchange Commission (the “SEC”) on Form 1-A, for the purpose of registering the offer and sale of the Shares (“Offering Statement”).

 

The offering statement, and pre-qualification amendments, cover the contemplated sale of up to $5,000,000 in Shares of its Common Stock at a price of $.005-$.02 per share.

 

In connection with the opinion contained herein, we have examined the offering statement, as well as pre-qualification amendments, the certificate of incorporation (as amended) and bylaws, the resolutions of the Life Clips’ board of directors and stockholders, as well as all other documents necessary to render an opinion. In our examination, we have assumed the legal capacity of all natural persons, the genuineness of all signatures, the authenticity of all documents submitted to us as originals, the conformity to original documents of all documents submitted to us as certified or photostatic copies and the authenticity of the originals of such copies.

 

Based upon the foregoing, we are of the opinion that the entirety of the Shares being sold pursuant to the offering statement are duly authorized and will be, when issued in the manner described in the offering statement, legally and validly issued, fully paid, and non-assessable.

 

No opinion is being rendered hereby with respect to the truth and accuracy, or completeness of the offering statement or any portion thereof.

 

We further consent to the use of this opinion as an exhibit to the offering statement and to the reference to our firm under the caption “Legal Matters” in the offering circular. We assume no obligation to update or supplement any of the opinion set forth herein to reflect any changes of law or fact that may occur following the date hereof.

 

  Very Truly Yours,
   
  JONATHAN D. LEINWAND, P.A.
   
  By: /s/ Jonathan Leinwand
    Jonathan Leinwand, Esq.