Life Clips, Inc. (OTC-QB: LCLP) has signed a distribution agreement with BConnexion of Brazil, the company said.
The agreement calls for annual minimum quota purchases of 500,000 Mobeego units with a total value of at least USD800,000. Quarterly quotas must be met to maintain the agreement.
Life Clips develops and makes action cameras aimed at families, action sports enthusiasts, and those on vacation.
The Mobeego product is a one-time use wireless, disposable and recyclable battery that plugs directly into one´s mobile device, iPad, or action camera.