Increasing its revenue and decreasing its net loss from the same three-month and nine-month period in 2021, while further decreasing its operating expenses by 62% year-over-year for the same nine-month period in 2020 LOS ANGELES, CA / November 5, 2021 / Social Life Network, Inc. (OTC: WDLF) announces today, and as reported in its 3rd quarter...
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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.