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WDLF

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Latest Financial News for WDLF


Social Life Network Up Listing to the OTCQB - The Venture Market
Posted on Thursday June 03, 2021

LOS ANGELES, CA, June 03, 2021 (GLOBE NEWSWIRE) -- Social Life Network, Inc. (OTC: WDLF) announces today that it has received a final review from the OTC Markets, on its up-listing application to move the company from trading on the OTC Pink to the OTCQB (The Venture Market). The Eligibility Requirements for an existing public company to begin trading on the OTCQB can be found at https://www.otcmarkets.com/corporate-services/get-started/otcqb With Social Life Network up listing to the OTCQB, Inv


Social Life Network Files First Quarter 2021 10-Q
Posted on Wednesday May 26, 2021

LOS ANGELES, CA , May 26, 2021 (GLOBE NEWSWIRE) -- Social Life Network, Inc. (OTC: WDLF) announces today the Company has completed the filing of their first quarter 10-Q filing. “We are pleased to announce that our audit firm has completed their review of our first quarter 2021 financials, and we have filed the 10-Q financial report,” said CEO Ken Tapp. “2021 is a significant year for our tech business incubator as we grow ever closer to three of our licensees potentially reaching their liquidity events.” “MjLink.com, Inc., one of our licensees, completed its qualification of a regulation A tier 2 pre-IPO offering in September of 2020, marking a major milestone in our company business model for incubating a company to the beginning of its liquidity event,” added Director Todd Markey. “This process has been a learning curve for the company these past few years, and as we began the 2021 year we identified additional work related to our 10-K and 10-Q filings that needed to account for the future liquidity events so to protect long-term shareholder value.” The Company is providing a shareholder update that reviews the 10-K amendment and the 10-Q filing, in an audio podcast that can be accessed at https://www.SocialNetwork.ai/podcast on Wednesday May 26th, 2021 @ 5PM Pacific / 8PM Eastern. 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 and 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 Relations Social Life Network, Inc. ir@socialnetwork.ai 1-855-933-3277


Social Life Network Further Extending The First Quarter 2021 10-Q Filing
Posted on Monday May 24, 2021

LOS ANGELES, CA, May 24, 2021 (GLOBE NEWSWIRE) -- Social Life Network, Inc. (OTC: WDLF) announces today the Company will need an additional few days to complete the filing of their first quarter 10-Q filing. The 5 day extension filed on May 17th, 2021 did not allow for enough time for our audit firm to complete its review procedures to file on May 24th. “We are still working diligently with our audit firm and aim to complete the 10-Q filing this week that has taken much longer than we expected,” said CEO Ken Tapp. “We are confident that our audit firm, that we have been using for the past 5 years without delays beyond the extension period filing in our quarterly or annual filings, will be able to complete its review procedures in only a few more days needed to file our first quarter 10-Q, and then we can then move forward with our robust schedule of shareholder updates through our podcast series.” The Company will be re-postponing its shareholder update podcast series schedule in an upcoming 8-K, that will be filed immediately after the filing of the 10-Q. “We appreciate the patience from our amazing shareholders while we work through this latest delay. We know that everyone is anxious to hear from us and receive updates on each of our TBI licensees as well as Social Life Network’s growth update as a tech business incubator this year,” added Director Todd Markey. “Please exercise patience with us this week, and know that we are endeavoring to grow the company to add shareholder value, while we get through this period and file the 10-Q expeditiously.” 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 and 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 Relations Social Life Network, Inc. ir@socialnetwork.ai 1-855-933-3277


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


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