DECENTRAL LIFE INC - WDLF STOCK NEWS

Social Life Network (OTC: WDLF) has filed a $43,253,342 First Amended complaint against a convertible debt funder, citing multiple federal securities law violations. CEO Ken Tapp emphasized the management team's commitment to pursuing illegal securities activities detrimental to shareholders. The company functions as a Technology Business Incubator, supporting tech start-ups with resources to enhance their operations and capital raising efforts. This complaint aims to safeguard shareholder interests amidst ongoing challenges from alleged illegal activities affecting the company's stock.

Social Life Network announces the launch of WEnRV, a new RV traveling social networking platform, now live. The RV industry is booming due to COVID-19 social distancing and remote work trends. Thor Industries reports a backlog of orders exceeding $14 billion, indicating strong market demand. WEnRV aims to fill a gap in the RV sector, with its president expressing enthusiasm for the platform's potential impact and media partnerships. Users can sign up for early access this week, highlighting a proactive approach to engaging the growing RV community.

Social Life Network (OTC: WDLF) is in the final review stage for its application to up-list from OTC Pink to OTCQB. The company aims to enhance visibility and broaden the access of its shares to retail investors. However, it recently closed at $0.0095, just below the $0.01 minimum bid price, requiring a reset of a thirty-day requirement for compliance. The company has launched an investigation into this stock price decline, considering possible manipulation or warrants flooding the market. The firm continues to operate as a tech business incubator focusing on niche social networks.

Social Life Network (OTC: WDLF) has filed its first quarter 10-Q report for 2021, signaling progress in its tech business incubator model. CEO Ken Tapp announced the audit firm's review completion, while Director Todd Markey highlighted that licensee MjLink.com, Inc. is nearing its liquidity event following a successful Regulation A tier 2 pre-IPO offering. The company aims to enhance long-term shareholder value by addressing necessary 10-K and 10-Q filing adjustments. An audio podcast update regarding these developments is available for shareholders.

Social Life Network (OTC: WDLF) has announced a delay in filing its first quarter 10-Q due to insufficient time for its audit firm to complete review procedures. The company has requested an additional few days for the filing, which was initially due on May 24, 2021. CEO Ken Tapp expressed confidence in their audit firm, which has a history of timely filings. Additionally, updates regarding TBI licensees and the company's growth will be postponed until after the 10-Q filing. The firm appreciates shareholder patience during this process.

Social Life Network, Inc. (OTC: WDLF) will start accepting Bitcoin as payment from its Technology Business Incubator (TBI) licensees. This move aligns with industry trends set by companies like Tesla, Square, and MicroStrategy. The CEO, Ken Tapp, announced that Bitcoin payments will be retained as cryptocurrency, not converted to fiat, indicating a commitment to digital currency. Their TBI model allows licensees to pay a 5% revenue share in dollars while integrating Bitcoin into their marketplace alongside traditional payment methods.

Social Life Network, Inc. (OTC: WDLF) has filed a $40 million complaint against a convertible debt funder for multiple alleged violations of federal securities laws. CEO Ken Tapp emphasized the management's commitment to addressing illegal activities that have harmed shareholders. The company's business model focuses on supporting tech start-ups through licensing agreements, harnessing AI and blockchain technology to enhance niche social networks. This legal action aims to protect retail shareholders and uphold the integrity of the company’s operations.

Social Life Network, Inc. (OTC: WDLF) has filed a $5,000,000 lawsuit against a convertible debt funder for alleged violations of Federal Securities Laws. CEO Ken Tapp emphasized the company's commitment to protect its shareholders from illegal trading activities. The company operates as a Technology Business Incubator, providing tech startups with essential resources, including AI-powered social networks and blockchain technology. This strategic approach minimizes financial exposure to unsuccessful startup licenses and supports the growth of various niche industries, such as real estate and cannabis.

Social Life Network (OTC: WDLF) recently updated shareholders via video on April 5, following their Form 10-K filing on March 31. Key points included a significant reduction in annual expenses from $4.85M in 2018 to $536K in 2020 and the complete retirement of all convertible debt by Q1 2021. The company anticipates growth with changes in licensing agreements projected to enhance revenue. Additionally, new networks in diverse industries are set to launch in Q2 2021. Management expresses confidence in achieving significant growth in 2021.