Posted On: 05/03/2016 2:20:59 PM
Post# of 74540
$LCLP LOI to Purchase Israeli Battery Maker, Batteryfly Energy, LTD:
CHARLOTTE, NC--(Marketwired - May 3, 2016) - Life Clips, Inc. (OTC PINK: LCLP), an innovative brand of products revolutionizing the way people capture, manage, enjoy, and share life's moments, announced today that it has entered into a binding agreement to purchase Batteryfly Energy, LTD in a transaction valued at approximately $6 million. The transaction consideration will be a combination of cash, stock, and capped royalties.
CHARLOTTE, NC--(Marketwired - May 3, 2016) - Life Clips, Inc. (OTC PINK: LCLP), an innovative brand of products revolutionizing the way people capture, manage, enjoy, and share life's moments, announced today that it has entered into a binding agreement to purchase Batteryfly Energy, LTD in a transaction valued at approximately $6 million. The transaction consideration will be a combination of cash, stock, and capped royalties.
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