LOS ANGELES, CA, May 11, 2022 (GLOBE NEWSWIRE) – Social Life Network, Inc. (OTC: WDLF) and Decentral LifeThe Social Life Network, Inc. division, announced today that it has formulated several stock splits from 100-for-1 to 150-for-1, with a minimum share price of five cents, in order to get it up. listing on the NASDAQ or NYSE.
“Since announcing in May 2021 our intention to list companies on the NASDAQ or NYSE, management has made a commitment to protect shareholders through the process,” said CEO Ken Tapp. “Shareholders are often overlooked by companies that focus on lists of smaller stock exchanges, and we never say a word when it comes to showing how much shareholders value the TBI (Technology Business Incubator) business model. When we set it up a year ago for that. creating a company structure to grow and qualifying to list up, our main priority is to ensure that our shareholder base remains intact throughout the process.So, formulating a reversible stock split of five cents or higher is our critical goal back in Q4 2021 when first announced to shareholders that we will not do a reverse stock split until the stock price reaches that price or higher.I am happy that we have formulated a 100-for-1 to 150-for-1 reverse stock split.This means we can do RS with a stock price of five cents or higher, so that the company qualifies for the price early deals on the NASDAQ or NYSE ”, added Tapp.
The management team strives to meet all the requirements in order to be listed on the NASDAQ or NYSE. The minimum bid price is one of the requirements to be met, which is usually achieved through a reverse stock split by a company that currently trades on a smaller exchange under that minimum bid price. In addition to the minimum offer price, the company must meet all other minimum requirements. To learn more about the prerequisites for listing on the NASDA or NYSE, use the links below:
About Decentral Life
The company announced on August 16, 2021, a new division has been formed that will focus entirely on social networking and a globally decentralized cryptocurrency project, called Decentral Life. On 28 Januaryth, 2022 The Company launches an Initial Coin Offering (pre-ICO) for WDLF Tokens. Decentral Life now provides services, tokenization and support software for public and private companies to conduct their own token offerings.
About Social Life Network
Social Life Network is a Technology Business Incubator (TBI) that, through individual licensing agreements, provides technology startups with seed technology, legal and executive leadership, making it easier for startup founders to focus on raising capital, refining business models, and growing businesses. user-ship network. Since the company’s inception in January 2013, the Company has launched an industry-specific social network and e-commerce marketplace to serve millions of business professionals and consumers in the residential real estate industry, a legitimate global cannabis industry, sports verticals including closely. sports, golf, cycling, football, space exploration, motor sports, travel, hunting, fishing, and camping. Now operating as Decentral Life, the TBI program will focus on blockchain, NFT and cryptocurrency companies to participate in technology incubator programs in 2022 and beyond.
For more information, visit our website @ https://www.WDLF.ai/
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This information also contains certain forward statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by using the words “can”, “believe”, “anticipate”, “intention”, “estimate”, “expect” , “can”, “continue”, “prediction”, “potential”, “can”, “job” and similar expressions are intended to identify home-looking statements. All home-looking statements are only spoken on the date of this presentation. You don’t have to rely on this hopeful claim. Although we believe that the plans, goals, expectations and intentions reflected or suggested by the hopeful claim are reasonable enough, we cannot guarantee that such plans, goals, expectations or objectives will be achieved.
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Social Life Network, Inc.