The Life Clips Inc (OTC: LCLP) stock was in action yesterday after the company’s Chief Executive Officer issued a letter to the shareholders. Robert Grinberg, who is also the Chairman and President of the company, sent a letter outlining the progress made by the company in recent times.
Following this development, investors piled onto the Life Clips in a big way and the stock soared by as high as 100%. In the letter, Grinberg stated that the company made significant progress with regard to the advancement of its strategic vision.
The CEO stated that he was proud that the company managed to get current status and became a fully reporting company with the United States Securities and Exchange Commission. He went on to state the Chief Financial Officer and the team of professionals that she led worked very hard towards the whole thing. He went on to state in the letter that greater transparency can prove to be a big positive when it comes to success for the stock in the financial markets.
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