Life Clips, Inc. (OTCMKTS:LCLP) Files An 8-K Changes in Registrant’s Certifying Accountant
Item 4.01 Changes in Registrant’s Certifying Accountant.
On December 10, 2018, Life Clips Inc. (the “Company”) dismissed L&L CPAS, PA (“L&L”) as its independent registered public accounting firm. The dismissal was approved by the Company’s Board of Directors on December 10, 2018. During the fiscal years ended June 30, 2016 and 2017 and the subsequent interim period through December 10, 2018, there were no (i) disagreements between the Company and L&L on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure, any of which, if not resolved to L&L’s satisfaction, would have caused L&L to make reference thereto in its audit report on the financial statements of the Company for such years, or (ii) “reportable events” within the meaning of Item 304(a)(1)(v) of Regulation S-K.
The Company provided L&L with a copy of this disclosure before its filing with the SEC. The Company requested that L&L provide us with a letter addressed to the SEC stating whether or not it agrees with the above statements. A copy of the letter from L&L is attached hereto as Exhibit 16.1
New Independent Registered Public Accounting Firm
The Company’s Board of Directors appointed Accell Audit & Compliance (“Accell”) as its new independent registered public accounting firm, effective as of December 10, 2018. During the two most recent fiscal years and through the date of the Company’s engagement of Accell, the Company did not consult with Accell regarding either (1) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company’s financial statements, or (2) any matter that was either the subject of a disagreement (as defined in Regulation S-K Item 304(a)(1)(v)), during the two most recent fiscal years.
Prior to engaging Accell, Accell did not provide the Company with either written or oral advice that was an important factor considered by the Company in reaching a decision to engage Accell as its independent accounting firm.
Item 9.01 Financial Statements and Exhibits.
| Exhibit No. | Description |
| 16.1 | Letter from L&L CPAS, PA |
Life Clips, Inc. Exhibit
EX-16.1 2 ex16-1.htm 19720 Jetton Road,…
To view the full exhibit click here
About Life Clips, Inc. (OTCMKTS:LCLP)
Life Clips, Inc., formerly Blue Sky Media Corporation, is engaged in developing software. The Company is focused on the marketing of the HP branded products, as well as the Mobeego products in the United States as well as internationally. The Company holds a sublicense to use, reproduce and display the HP trademarks in various territories on HP Branded Products. The Company’s products will be the HP branded action cameras, 360 cameras, dash cameras and still cameras. In addition, the Company will sell Mobeego batteries. The Company is focused on products, including Batteries, The Battery (Energy Unit) and Adapter. Its Energy Unit consists of a custom designed plastic casing, shaped as a small can of energy drink, hosting a lithium battery. The Company plans to sell its products through retailers directly and through distributors. In addition to its international sales, the Company plans to sell directly to retailers in the United States.