fbpx

DecentraL LIFE, Inc. (OTC: WDLF)

Press Releases and shareholder News Updates

MjLink.com, Inc. Announces $5 Million 506(c) Private Placement and $50 Million Reg A Offerings

MjLink Reg A Tier 2 IPO $50 million offering

Proceeds to expand the Company's international usership and acquire other technology and media companies.

Los Angeles, CA / December 8, 2020 / MjLink.com, Inc. announced today that it is seeking to raise up to $5 million in a Regulation D Rule 506(c) Offering and up to $50 million through a Regulation A Tier 2 initial public offering that the SEC qualified on September 28th 2020.

The Reg D 506(c) Private Placement Memorandum to Accredited Investors only may be accessed at https://www.mjlink.com/506c; the Reg A Offering Memorandum for non-accredited investors is available at: https://www.MjLink.com/invest.The Shares sold in the Reg D 506(c) Offering are subject to the applicable Rule 144 holding period; the Shares sold in the SEC Qualified Reg A Offering will be free trading.

MjLink.com, Inc. was incorporated in September2018 and operated as a subsidiary and Cannabis Division of Social Life Network, Inc. (OTCMKTS: WDLF) until August 6, 2020, at which time Social Life ceased funding MjLink's operations, MjLink began operating independently of Social Life, and MjLink funded its own operations. Social Life currently holds 15.17% of MjLink's outstanding common stock shares.

MjLink set its post-money valuation at $133,043,057 assuming the sale of all 25 million shares for $55 million, through the combined Reg A and Reg D offerings, totaling 60,474,943 acquirable issued and outstanding common stock shares. The Offerings' proceeds will allow MjLink to expand its international usership for each of its four niche social networks (MjLink.com, WeedLife.com, HempTalk.com and MjInvest.com) and enable MjLink to pursue its acquisition/expansion strategy of acquiring other technology and media companies in the global cannabis industry.


About MjLink.com, Inc
.

MjLink, a leading social networking platform in the cannabis industry worldwide, is the publisher of MjLink.com, WeedLife.com, HempTalk.com and MjInvest.com, which individual social networks connect business professionals to one another, consumers together with other industry enthusiasts, CBD companies to distributors and consumers, and industry C-suite executives with institutional investors, respectively. The MjLink social network platform was launched in 2013 and has become one of the largest social platforms used in the cannabis industry worldwide, accessed each month by usership from more than 120 countries.

To learn more about investing in MjLink, visit https://www.MjLink.com/invest


About Social Life Network, Inc.

Social Life Network is an artificial intelligence and blockchain powered social network and e-commerce technology company. 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, hunting, fishing and camping.

For more information, visit: www.SocialNetwork.ai

Disclaimer

This news release includes forward-looking statements within the meaning of section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities and Exchange Act of 1934, as amended. No information in this press release should be construed as any indication whatsoever of MjLink's future financial results, revenues, valuations, or stock price. There are no assurances that MjLink will be able to raise sufficient funds from either or both offerings to execute its business plan. These statements are made under the "Safe Harbor" provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein.

Contact:

IR Contact:


Todd Markey

This email address is being protected from spambots. You need JavaScript enabled to view it.

1-844-420-4208
×
Stay Informed

When you subscribe to our shareholder news updates, we will send you an e-mail when there is press or news posted about the company.

Social Life Network, Inc. Updates Shareholders On ...
HuntPost.com launches new eMarketplace Mobile App ...

Related Posts

SAFE HARBOR AND DISCLAIMER

This information does not constitute an offer to sell or a solicitation of an offer to buy securities or digital assets of Decentral Life, Inc.

All information presented herein with respect to the existing business and the historical operating results of Decentral Life (“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, including but not limited to its business model, business strategy, and business execution 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. This information includes certain statements, estimates and projections provided by the Company with respect to its anticipated future performance.

The Decentral Life TBI Program and Business Plan,  as  described in the presentation section of this website, must be adequately funded in order to operate and grow. There are no guarantees that the company will be able to generate enough revenue or raise enough capital to continue existing business operations.  Users of our Technology and SaaS Platform  may need to be licensed and registered with state and federal agencies, in order for it to be legally used, provided or even sold to our clients, or   otherwise require certain  compliance systems,  including for  instance: ((a)  establishing Money Transmitter License (MTL) with the Financial Crime Enforcement Network (FinCEN) in every U.S. State we or our clients operate; (b) being  registered as a national securities exchange; (c) operating  under an exemption from registration, such as the exemption provided for Alternative Trading System under SEC Regulation ATS; (d) Investment Company Act and Section 12(g) Exchange Act considerations; (e) compliance with US Money Laundering statutes; (f) Securities Act of 1933 considerations of the existence or non-existence of investment contracts; (g) registration as a broker-dealer or clearing agency with the SEC and FINRA.  The approval of such licenses and registrations and compliance systems implementation is never guaranteed, and if the required approvals are not received our Technology Platform would need to be changed to become compliant with the required rules and regulations to legally operate.

The information on this website and on this web page may also contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.  These statements are identified by the use of the words “could”, “believe”, “anticipate”, “intend”, “estimate”, “expect, “may, “continue, “predict, “potential, “project” and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this presentation.  You should not place undue reliance on these forward-looking statements.  Although we believe that our plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections.  Actual results to differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company's filings with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

No information in this website should be construed as any indication whatsoever of Decentral Life's, or any of the TBI licensees, or clients, their future financial results, revenues, WDLF token price, or stock price.
Decentral Life Logo