ANSWER: We have no idea what the stock price will be at the time in which the company will need to conduct the R/S, however we are confident that our record growth over the past two years will continue over the coming years. That should lead to more investor interest and acquisition of new shareholders that might be monitoring our business growth, and find our current share price as a bargian. As explained in the latest Form 14C filing with the SEC, the company plans to execute an R/S before June 5th, 2025.  The R/S range is between 100 - to -1 and 50,000 - to - 1. The reason for a higher ration of 50,000 -to- 1 suits our business roll-up strategy for a higher priced stock when (if) the company can accomplish a listing on NASDAQ or the NYSE over the next two years. (SEE STRATEGY BELOW).


NOTE: It will take many months (from the June 5th Form 14C filing date) before it could potentially be approved by Finra, so the company could execute an R/S. That is because any time a public company files a Form 14C, at least 30 days must pass (from the date of the PRE 14C filing) before the SEC makes it effective. After the 14C Information Statement becomes effective, that company would then need to go through the steps for Finra to approve it, which could take many months for them to complete their review. After the approval to conduct the R/S, a company can then aim to match the execution date of an R/S with THEIR OTHER BUSINESS GROWTH STRATEGIES to provide for the best scenario of the health of the company, and value for its shareholders.

OUR STRATEGY: Knowing the amount of time that is required for an approval to execute a R/S for any public company is important for them, and their shareholders, to prepare well in advance. It is equally important to understand why the R/S would be executed.  Some companies execute an R/S to increase their share price to attract more shareholders that do not favor low priced stocks, conduct business acquisitions and mergers, raise capital, or a combination of these business strategies. It should be assumed that any or all strategies previously mentioned, including the liquidity events of our TBI companies, would lead to growth of the business. A large part of our own R/S strategy is to acquire companies (a portion of them or the entire company) to increase our revenue, book value, and the Technology IP (Intellectual Property) of other companies.  In the lead-up and through the process of this part of our business strategy, we expect to attract more investors (shareholders) that will in-turn equate into a more closely realized market cap, to our current and future book value.  THIS DOES NOT GUARANTEE THAT OUR STOCK PRICE WILL INCREASE TO, AND EQUATE TO, A PUBLIC MARKET CAP THAT MATCHES CLOSER TO OUR CURRENT OR FUTURE BOOK VALUE. It is however, in the opinion of our management team, a very successful technology business growth strategy.

ANSWER: YES, the company will most definetly be doing a share buyback with all funds (minus the legal fees) that come from the two lawsuits outstanding. If you are a shareholder that is unaware of both lawsuits that we filed against convertible debt funders in 2021, you can use both of these links to learn more:

Complaint filed against a convertible debt funder in Q2 of 2021, for more than $43M in damages - https://www.wdlf.ai/wdlf-news/social-life-network-otc-wdlf-files-an-amended-43253342-million-dollar-complaint-in-the-united-states-district-court-for-the-southern-district-of-california

Complaint filed against a second convertible debt funder in Q2 of 2021, for $5M in damages - https://www.wdlf.ai/wdlf-news/social-life-network-otc-wdlf-files-5-million-dollar-complaint-in-the-united-states-district-court-for-the-southern-district-of-florida

ANSWER: Yes, we have a plan in motion already to increase shareholder value and interest in our stock, and we expect to accomplish that goal well before we would ever do a reverse stock split. We expect one or more liquidity events to take place with our TBI companies, prior to doing any type of R/S. 

We have been explaining that business strategy for well over two years now, but for some reason there are many people on message boards spreading misinformation about the R/S timing - suggesting that it will be before any liquidity event. 

PLEASE IGNORE THE MISINFORMATION CAMPAIGN THAT IS SPREADING AROUND ON MESSAGE BOARDS, AND USE OUR COMPANY WEBSITE AND SEC FILINGS AS THE ONLY SOURCE FOR ACCURATE INFORMATION.