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WDLF

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Social Life Network (OTC: WDLF) Now Accepting Bitcoin as Payment from TBI Licensees, Tapp Says
Posted on Friday April 23, 2021

LOS ANGELES, CA, April 23, 2021 (GLOBE NEWSWIRE) -- Social Life Network, Inc. (OTC: WDLF) announces today that it will begin accepting Bitcoin as a payment from its Technology Business Incubator (TBI) licensees. Having stunned markets with their revealing bet on Bitcoin earlier this year, Tesla announced they will now start accepting the world’s largest electronic currency as payments for its electric cars. Following the lead of companies like Square, MicroStrategy, and dozens of other high profile publicly traded companies, Social Life Network is now going to add Bitcoin to its own balance sheet. Chief Executive Officer Ken Tapp on Friday tweeted: “Our licensees can now pay us with Bitcoin”. Social Life Network announced in January of 2019 that its licensee, HuntPost.com, was going to accept cryptocurrency alongside fiat currency, through its newly launched e-marketplace. The purchase of products and services through the e-marketplace for HuntPost and the other Social Life Network licensees marketplace platforms is currently provided through the PayPal, BitPay and dozens of other international payment gateways. On March 30th of this year, PayPal Holdings Inc announced that it has started allowing U.S. consumers to use their cryptocurrency holdings to pay at millions of its online merchants globally, a move that could significantly boost use of digital assets in everyday commerce,” said Director Todd Markey. In addition to lending increased legitimacy to electronic currency use throughout the Social Life Network licensee e-marketplaces, management’s embrace of Bitcoin as a source of payment for the 5% licensee fee on revenue from its TBI participating companies, fits their forward thinking growth strategy. “Social Life Network will only use internal and open-source software and any Bitcoin paid to the company by our licensees will be retained as Bitcoin and not converted to a fiat currency. The 5% revenue share that we have built into our TBI licensee agreements will remain, priced in dollars,” added Tapp. About Social Life Network, Inc. Social Life Network is a Technology Business Incubator (TBI) that, through individual licensing agreements, provides tech start-ups with seed technology development, legal and executive leadership, making it easier for start-up founders to focus on raising capital, perfecting their business model, and growing their network user-ship. Our seed technology is an artificial intelligence ("AI") powered social network and Ecommerce platform that leverages blockchain technology to increase speed, security and accuracy on the niche social networks that we license to the companies in our TBI. Since the launch of the company in January of 2013, the Company has launched niche industry social networks to service the millions of business professionals and consumers in the residential real estate industry, the legal global cannabis industry, sports verticals including racket sports, golf, cycling, soccer, space exploration, auto racing, travel, hunting, fishing and camping. The Company operates in part, like a publicly traded tech incubator, and retains ownership in each licensee through stock and options ownership when they reach a contracted user ship growth, outlined in their licensing contracts. This allows the Company to minimize its expenses and exposure to failed startups licensees that use its platform. For more information, visit our website @ www.SocialNetwork.ai Watch our latest shareholder update podcasts @ www.SocialNetwork.ai/podcast SAFE HARBOR & DISCLAIMER This information does not constitute an offer to sell or a solicitation of an offer to buy securities or assets of Social Life Network, Inc. All information presented herein with respect to the existing business and the historical operating results of Social Life Network ("the Company") and estimates and projections as to future operations are based on materials prepared by the management of the Company and involve significant elements of subjective judgment and analysis which may or may not be correct. While the information provided herein is believed to be accurate and reliable, the Company makes no representations or warranties, expressed or implied, as to the accuracy or completeness of such information. In furnishing this information, the Company reserves the right to amend or replace some or all of the information herein at any time and undertakes no obligation to provide the recipient with access to any additional information. Nothing contained herein is or should be relied upon as a promise or representation as to the future. No information in this press release should be construed as any indication whatsoever of the Company’s future revenues, results of operations, or stock price. Todd Markey Investor RelationsSocial Life Network, Inc. ir@socialnetwork.ai1-855-933-3277


Social Life Network (OTC: WDLF) Files $40,000,000 Complaint in The United States District Court for the Southern District of California
Posted on Monday April 19, 2021

Social Life Network, Inc Social-Life-Network-WDLF-Shareholder-Update LOS ANGELES, CA, April 19, 2021 (GLOBE NEWSWIRE) -- Social Life Network, Inc. (OTC: WDLF), announces today that it has filed a $40,000,000 complaint against a convertible debt funder for multiple alleged federal securities laws violations. The complaint may be accessed at our website via the following link: https://www.socialnetwork.ai/LGH-filing.pdf “Our management team has been focused for months on researching and identifying the [alleged] illegal securities activities referenced in the complaint that damaged our shareholders," said CEO Ken Tapp. "We need for our shareholders to know that we will not relent in our efforts to identify and pursue those who have engaged in illegal securities activity of our stock and preyed upon the retail shareholders supporting the growth of companies like our own.” About Social Life Network, Inc. Social Life Network is a Technology Business Incubator (TBI) that, through individual licensing agreements, provides tech start-ups with seed technology development, legal and executive leadership, making it easier for start-up founders to focus on raising capital, perfecting their business model, and growing their network user-ship. Our seed technology is an artificial intelligence (“AI”) powered social network and Ecommerce platform that leverages blockchain technology to increase speed, security, and accuracy on the niche social networks that we license to the companies in our TBI. Since the launch of the company in January of 2013, the Company has launched niche industry social networks to service the millions of business professionals and consumers in the residential real estate industry, the legal global cannabis industry, sports verticals including racket sports, golf, cycling, soccer, space exploration, auto racing, travel, hunting, fishing, and camping. The Company operates in part, like a publicly traded tech incubator, and retains ownership in each licensee through stock and options ownership when they reach a contracted user ship growth, outlined in their licensing contracts. This allows the Company to minimize its expenses and exposure to failed start-ups licensees that use its platform. For more information, visit our website @ www.SocialNetwork.ai Watch our latest shareholder update podcasts @ www.SocialNetwork.ai/podcast SAFE HARBOR & DISCLAIMER This information does not constitute an offer to sell or a solicitation of an offer to buy securities or assets of Social Life Network, Inc. All information presented herein with respect to the existing business and the historical operating results of Social Life Network (“the Company”) and estimates and projections as to future operations are based on materials prepared by the management of the Company and involve significant elements of subjective judgment and analysis which may or may not be correct. While the information provided herein is believed to be accurate and reliable, the Company makes no representations or warranties, expressed or implied, as to the accuracy or completeness of such information. In furnishing this information, the Company reserves the right to amend or replace some or all the information herein at any time and undertakes no obligation to provide the recipient with access to any additional information. No information in this press release should be construed as any indication whatsoever of our future revenues, results of operations, or stock price. Todd MarkeyInvestor RelationsSocial Life Network, Inc.ir@socialnetwork.ai1-855-933-3277 Attachment Social Life Network, Inc


Social Life Network (OTC: WDLF) Files $5,000,000 Complaint in The United States District Court for the Southern District of Florida
Posted on Friday April 09, 2021

LOS ANGELES, CA, April 09, 2021 (GLOBE NEWSWIRE) -- Social Life Network, Inc. (OTC: WDLF), announces today that it has filed a $5,000,000 complaint against a convertible debt funder for multiple alleged violations of Federal Securities Laws. Shareholders can review the complaint at this link: https://ecf.flsd.uscourts.gov/doc1/051123235625 “Our management team is sending a clear message that we are not going to sit back and allow the [alleged] illegal trading activities referenced in the complaint to damage our shareholders,” said CEO Ken Tapp. “Our board is in unanimous agreement to support our litigation team 100% with any resources it requires and to identify and pursue participants in illegal trading activity of our stock, which injures small retail shareholders supporting the growth of companies like our own.” About Social Life Network, Inc. Social Life Network is a Technology Business Incubator (TBI) that, through individual licensing agreements, provides tech start-ups with seed technology development, legal and executive leadership, making it easier for start-up founders to focus on raising capital, perfecting their business model, and growing their network user-ship. Our seed technology is an artificial intelligence (“AI”) powered social network and Ecommerce platform that leverages blockchain technology to increase speed, security and accuracy on the niche social networks that we license to the companies in our TBI. Since the launch of the company in January of 2013, the Company has launched niche industry social networks to service the millions of business professionals and consumers in the residential real estate industry, the legal global cannabis industry, sports verticals including racket sports, golf, cycling, soccer, space exploration, auto racing, travel, hunting, fishing and camping. The Company operates in part, like a publicly traded tech incubator, and retains ownership in each licensee through stock and options ownership when they reach a contracted user ship growth, outlined in their licensing contracts. This allows the Company to minimize its expenses and exposure to failed startups licensees that use its platform. For more information, visit our website @ www.SocialNetwork.ai Watch our latest shareholder update podcasts @ www.SocialNetwork.ai/podcast SAFE HARBOR & DISCLAIMER This information does not constitute an offer to sell or a solicitation of an offer to buy securities or assets of Social Life Network, Inc. All information presented herein with respect to the existing business and the historical operating results of Social Life Network ("the Company") and estimates and projections as to future operations are based on materials prepared by the management of the Company and involve significant elements of subjective judgment and analysis which may or may not be correct. While the information provided herein is believed to be accurate and reliable, the Company makes no representations or warranties, expressed or implied, as to the accuracy or completeness of such information. In furnishing this information, the Company reserves the right to amend or replace some or all of the information herein at any time and undertakes no obligation to provide the recipient with access to any additional information. Nothing contained herein is or should be relied upon as a promise or representation as to the future. No information in this press release should be construed as an indication of our future revenues, results of operations or stock price. Todd Markey Investor RelationsSocial Life Network, Inc. ir@socialnetwork.ai1-855-933-3277


Social Life Network (OTC: WDLF) 10-K Recap and 2021 Growth Plans
Posted on Wednesday April 07, 2021

Social Life Network, Inc WDLF LOS ANGELES, CA , April 07, 2021 (GLOBE NEWSWIRE) -- Social Life Network, Inc. (OTC: WDLF) a Tech Business Incubator, provided shareholders with a video update on April 5th, following their 2020 Form 10-K filing on March 31st. The update included the following topics relating to the Company’s 2020 achievements, and its 2021 growth plans. The shareholder video update can be viewed by visiting https://www.SocialNetwork.ai/podcast Topics discussed in the shareholder update were: 10-K review: Business model as a Tech Business Incubator (TBI) and how Social Life Network generates revenue and value from their ten TBI licensees;2020 financial overview, including the reduction of annual expenses from $4.85M in 2018, to $3.59M in 2019, to $536K in 2020;All convertible debt from 2019 and 2020 was completely retired by Q1 of 2021;MjLink debt owed to the Company of $364,688 was paid in full during Q1 of 2021; TBI licensee update: MjLink progress overview for their Reg A pre-IPOHuntPost and LikeRE preparing for a Reg A pre-IPO offerings, and both companies will begin a podcast series in April to educate shareholders on growth and Reg A progress.RacketStar, GolfLynk, FutPost and CycleFans will begin a podcast series in the coming weeks to educate shareholders on their 2021 growth plans.TBI Licensee agreements were changed for 2021 so that each licensee will generate more revenue for Social Life Network, than the previous licensing agreements for 2020.The launch of three new networks in Q2 of 2021, for Motor Sports, Space, and the RV industries, with launch dates TBD. "We are happy to report a tremendous year of growth in 2020,” said CEO Ken Tapp. “The tech companies in our incubator program saw a substantial increase in user growth during 2020, in part due to social distancing measures carried out worldwide. We significantly strengthened our balance sheet by eliminating all debt that we accumulated in 2018, 2019 and 2020, while managing to reduce our annual expenses by 89% from $4.85M in 2018 to just $536,507 in 2020. Management expects 2021 to be a breakthrough year for the company and its shareholders." “Director Todd Markey, goes on to say: "Now that our convertible debt has been completely eliminated, as well as our success in getting MjLink.com, Inc. qualified for a Regulation A Tier 2 pre-IPO offering in late 2020, we hope that our shareholders have now developed a much greater sense of confidence with management's ability to continued growth in 2021, and beyond.” The Company has planned a shareholder update podcast series that will run twice a week on Monday and Thursday, starting April 12th and ending May 27th. The 14 schedule podcasts will be preceded by weekly press releases that will announce the time and topics of each event. About Social Life Network, Inc. Social Life Network is a Technology Business Incubator (TBI) that, through individual licensing agreements, provides tech start-ups with seed technology development, legal and executive leadership, making it easier for start-up founders to focus on raising capital, perfecting their business model, and growing their network user-ship. Our seed technology is an artificial intelligence (“AI”) powered social network and Ecommerce platform that leverages blockchain technology to increase speed, security and accuracy on the niche social networks that we license to the companies in our TBI. Since the launch of the company in January of 2013, the Company has launched niche industry social networks to service the millions of business professionals and consumers in the residential real estate industry, the legal global cannabis industry, sports verticals including racket sports, golf, cycling, soccer, space exploration, auto racing, travel, hunting, fishing and camping. The Company operates in part, like a publicly traded tech incubator, and retains ownership in each licensee through stock and options ownership when they reach a contracted user ship growth, outlined in their licensing contracts. This allows the Company to minimize its expenses and exposure to failed startups licensees that use its platform. For more information, visit our website @ www.SocialNetwork.ai Watch our latest shareholder update podcasts @ www.SocialNetwork.ai/podcast SAFE HARBOR & DISCLAIMER This information does not constitute an offer to sell or a solicitation of an offer to buy securities or assets of Social Life Network, Inc. All information presented herein with respect to the existing business and the historical operating results of Social Life Network ("the Company") and estimates and projections as to future operations are based on materials prepared by the management of the Company and involve significant elements of subjective judgment and analysis which may or may not be correct. While the information provided herein is believed to be accurate and reliable, the Company makes no representations or warranties, expressed or implied, as to the accuracy or completeness of such information. In furnishing this information, the Company reserves the right to amend or replace some or all of the information herein at any time and undertakes no obligation to provide the recipient with access to any additional information. Nothing contained herein is or should be relied upon as a promise or representation as to the future. No information in this press release should be construed as any indication whatsoever of our future revenues, results of operations, or stock price. Todd Markey Investor RelationsSocial Life Network, Inc. ir@socialnetwork.ai1-855-933-3277 Attachment Social Life Network, Inc


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