$LCLP CEO Bob Gruder stated, “This financing, by affiliates of our existing shareholders allows us to move forward to close on our much anticipated Batteryfly acquisition. I believe this is a great testament to the faith our existing, private investors have in the direction of LifeClips and the products the Company is bringing to market. I appreciate their eagerness to keep investments within its group and am excited to have support by similarly long-term minded individuals.”

https://finance.yahoo.com/news/life-clips-inc...00338.html