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BTW, I e-mailed him back and hopefully he'll call tomorrow. If you have a good question you want me to ask him nows the time to let me know.
Well, look what I got back from all my e-mails to IR:
Hello xxxx,
Thank you for your patience while waiting on a reply. As you can probably imagine, our inbox and voicemail system has been bombarded with questions and comments this past week... and getting back to everyone in a timely manner has been a challenge indeed.
It looks like you have multiple questions, so would you prefer I call you and we discuss all of your questions and concerns?
I would be more than happy to do so.
KEN TAPP | CEO
Social Life Network, Inc.
M 303-324-7668 | E ken@socialnetwork.ai
www.SocialNetwork.ai
I hate to say it, but even though I own 420k shares, I want to know if the shareholders ever got to vote on this, and also see what the % is if they raise the money. 2.26%
"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, in which the four individual social networks connect business professionals to one another, consumers together with other industry enthusiast, 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 users spread across more than 120 countries. MjLink.com, Inc. received qualification of a Form 1-A conduct a Regulation A Tier 2 initial public offering on September 28th, 2020. Social Life Network, Inc. ( OTC: WDLF ) owns 800,000 shares or 15.17% of MjLink's outstanding common stock shares, and will own 2.26% of MjLink's outstanding common stock if the total of $50,000,000 is raised through the Regulation A Tier 2 offering. To learn invest in MjLink.com, Inc. Reg A offering, visit https://www.MjLink.com/invest
https://www.einnews.com/pr_news/532309402/mjlink-com-inc-announces-5-million-506-c-private-placement-and-50-million-reg-a-offerings
At what point were the shareholders told this was going to happen?
Yeah, that was the article that convinced me to invest in WDLF. Thanks KJ2020
IR,
How did MjLink.com is a wholly owned subsidiary of Social Life Network, Inc. (WDLF), and is a cloud-based cannabis social network and digital media company.
https://www.crunchbase.com/organization/weedlife
Go to this?
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.
Can you point out to me where you announced the reduction from “wholly owned to 15.17%"
xxxx xxxx
Cowboyeeee or Chaka, you guys have been around a while and I still need help understanding this. I've e-mailed IR a couple of times, but with no response.
MjLink.com, Inc. was incorporated in September 2018 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.
and though I can't find it right now I know I've read that they were a wholly owned by WDLF 100%. What gives?
How did go from 100% to 15%?
Pretty easy to do the math here as it hit $.0099 yesterday:
The 32.8% Fibonacci ratio and the 61.8% Fibonacci ratio are calculated by subtracting the recent high from the recent low and targeting the impending rebound. Most of these points are calculated by your charting software.
https://www.warriortrading.com/fibonacci-retracement-definition/?gclid=Cj0KCQiA5bz-BRD-ARIsABjT4ngP-dyteARHN9US-N39SEt2kt6QzzR8qb0-2BWYMdrMk35OK9E3Bk0aAqsREALw_wcB
What an odd combination. Shares went on sale and I had cash available to buy them. Nice!
RSI for the last 5 days has finally dropped back to 44.17
https://www.barchart.com/stocks/quotes/WDLF/technical-chart?plot=BAR&volume=0&data=I:30&density=X&pricesOn=1&asPctChange=0&logscale=0&im=30&indicators=ACCUM;MFI(14,100);RSI(14,100);Volume&sym=WDLF&grid=1&height=210&studyheight=100
Bottom in for today? Catching falling knives and all that. Glad I was able to lower my average by a dime to $.6785
Happy now 355k@$.77258
That's seems pretty definitive to me.
I'll let everyone know if I get a reply from IR:
Post # of 21617
So, do I have this right "Social Life currently holds 15.17% of MjLink's outstanding common stock shares". Social Life AT THIS MOMENT IN TIME owns 100% of MjLinks. So, in effect 15.7% of WDLF shares are being spun off to start MjLinks. Will WDLF continue to get revenue from MjLinks? ??????? The other 84.83% will be held by private investors and Social life will receive $15.7% of the profit and have fewer shares? I'm confused.
Here is someone else.
“Cool:)
Now I'll stop talking about that other (great:) company.. lol
and I do appreciate Rockets DD..
and just to double, triple check.. we own 100 percent of MJlink?
that 15 percent stock ownership seems to add a little confusion..
would be nice to get some clarification from the CEO on this..
does anyone have his ear?”
Can you please tell me how this works
xxxx xxxx
Yes, he may be CEO of both, but how much of MjLinks, as a stand alone company, will Social Life (WDLF) get benefits from MjLinks?
So, do I have this right "Social Life currently holds 15.17% of MjLink's outstanding common stock shares". Social Life AT THIS MOMENT IN TIME owns 100% of MjLinks. So, in effect 15.7% of WDLF shares are being spun off to start MyLinks. Will WDLF continue to get revenue from MyLinks? ??????? The other 84.83% will be held by private investors and Social life will receive $15.7% of the profit and have fewer shares? I'm confused.
And what part of this will WDLF get since 100% owned by Social Life Network, Inc.
I agree and will probably do just that. I imagine it will be pretty active. What I was trying to say is I won't be trying to buy at bid instead of the ask! :¦»
I'm not going to play games with this one unless it looks like it's dropping pre-open. Whatever the ask is that's what my order will be.
I just missed on TSNP freeing up funds. Knowing my luck I'll probably be the first one to pay more than 1 cent.! ??
Well, that was fun trying to read the last 5k posts. Buying in tomorrow.
https://www.bbc.com/news/business-47292757 And there was a 60 minutes piece way back in 2015.
I see I misread this as HUMBL is not a publicly traded company.
"San Diego, CA, Nov. 12, 2020 (GLOBE NEWSWIRE) -- Tesoro Enterprises, Inc. (OTC Pink: TSNP) (“Tesoro”) announced today that it has entered into an agreement with HUMBL, LLC (“HUMBL”) to merge the two entities. In an all-stock transaction, the members of HUMBL will receive preferred shares of Tesoro in exchange for their HUMBL holdings."
Does anyone know how many shares of TNSP HUML shareholders will get for each of their shares?
9/30/2020Total shares outstanding:19,254,704 as of date: 9/30/2020Number of shares in the Public Float:256,933 as of date: 9/30/20202
Total number of shareholders of record:?626 as of date: 9/30/2020Additional class of securities
https://backend.otcmarkets.com/otcapi/company/financial-report/265824/content
https://www.otcmarkets.com/stock/HUML/disclosure
Though sosjtb is actually right (I believe) in his assessment of Pope and is pretty accurate. However, now that he seems to have the support of BHN- Basic Human Needs lnc, maybe, just maybe, he'll be able to get rid of the stop sign. If (BIG BIG IF) he accomplices that I will make a lot of money. Speculation to the 10 x 10th power fer sure!
Need to get rid of that STOP sign. https://www.otcmarkets.com/stock/IJJP/security
Short Volume (not shorted shares. https://www.otcshortreport.com/company/IJJP
Yeah, his track record stinks, and his spelling is as bad as mine, but maybe, just maybe, he finally got real backers for this latest project of his. There's suppose be news as early as tomorrow so we'll see if he keep a promise for once.
twitter.com/search?q=%24ijjp
https://twitter.com/search?q=%24IJJP&src=typed_query&f=live
twitter.com/ijjcorp
via: Twitter
Maybe there are requirements it couldn't meet before. Maybe not. In any case IJJP will get more exposure.
I mean it's obvious why APXT is getting all the attention, right? The SPAC and the company it's merging with, AvePoint, just exude sex appeal. See buzz words: the cloud, revenue profits (for a SPAC no less), recurring revenue, Microsoft, awards, growth potential, undervalued compared to competition, and on and on. Can you get any sexier than that?
This may be the best stock I have ever owned in over 30 years. It is a buy & hold stock even after the merger IMHO. Wish I had more to put into it it, but that's life.
Well, I through in the towel. Lost bunches and bought 1 share of TSLA with the money I had left. Good luck all.Should go up now.
Galaxy Next Generation Partners with Stand4Kind
http://irdirect.net/prviewer/release_only/id/4541870
Targeted to Launch in January 2021 and Drive Additional Revenue
TOCCOA, GA / ACCESSWIRE / November 24, 2020 / Galaxy Next Generation, Inc. (OTCQB:GAXY) ("Galaxy" or the "Company), a provider of interactive learning technology solutions, is pleased to announce its partnership with Stand4Kind, a provider of a way to replace negativity with positivity, by bringing kind actions and feelings into schools everywhere.
Stand4Kind offers a comprehensive set of programs, training and tools that make a real impact in school culture. Stand4Kind provides a way for schools increase mental health and suicide awareness and reduce bullying, working through the Anti-Bullying Coalition, a Utah-based non-profit. Additionally, Stand4Kind offers prevention training, curriculum certifications, assemblies and grant writing direction.
Galaxy will preload introductory material on its interactive panels providing a conduit to increase revenue and provide world-class safety awareness in schools. Marketing through Galaxy will open new resellers to Stand4Kind products and provide new points of entry into its core education sector.
Gary LeCroy, Galaxy's Chief Executive Officer, commented, "The partnership as a way to empower the students in our G2 classrooms and drive an additional revenue stream to the company if the lessons and activities are ‘activated' and purchased through the app that is preloaded. We will be including the app on all of our interactive panels starting in January 2021."
About Stand4Kind
Stand 4 Kind started because there was a problem in our schools: students were hurting and people didn't know what to do to stop it. We're committed to making sure that students have access to quality safety programs.
We provide impactful assemblies and programs, encourage a positive and safe school atmosphere by rewarding acts of kindness, and help schools afford state-of-the-art helplines and services. We also help schools apply for grants, find sponsors, and receive financial assistance to cover our programs and their own safety initiatives.
Stand for Kind believes every child deserves a non-threatening environment, and to feel like they belong. Through teaching empathy, self-esteem and kindness, we provide a way for schools to reduce suicide and bullying among students. Our goal is to change the culture and climate in schools nationwide.
For additional information on Stand4Kind, please visit: https://stand4kind.com
http://irdirect.net/prviewer/release_only/id/4536684
November 19, 2020
Galaxy Next Generation Continues to Convert Deferred Revenue and Backlog to Revenue, Ships Against Purchase Order from OEM Customer and Improves Balance Sheet
Remaining Convertible Debt Reduced to $1.35 Million
TOCCOA, GA / ACCESSWIRE / November 19, 2020 / Galaxy Next Generation, Inc. (OTCQB:GAXY) ("Galaxy" or the "Company), a provider of interactive learning technology solutions, is pleased to provide the following business and corporate update.
Since the end of the previous quarter ended September 30, 2020 when Galaxy had deferred revenue of $1.6 million and a backlog of $2.0 million, the Company has successfully converted a portion of the deferred revenue and backlog into revenue. Galaxy has shipped $0.5 million from its previously announced purchase order for an OEM customer.
Additionally, Galaxy has been awarded a new $170,000 purchase order from a school district in Texas.
On the corporate and financial side, Galaxy has strengthened its balance sheet by reducing its remaining convertible debt to $1.35 million.
Of note, CFO Magen McGahee purchased stock on the open market at prices ranging from $0.0026 to $0.0215. Please see SEC Form 4 filings from November 17, 2020:
https://www.sec.gov/Archives/edgar/data/1127993/000109181820000246/xslF345X03/primary_doc.xml
https://www.sec.gov/Archives/edgar/data/1127993/000109181820000245/xslF345X03/primary_doc.xml
Form 4. Haven't read it yet. http://filings.irdirect.net/data/1127993/000109181820000245/primary_doc.pdf
Sure is going up a lot on no news. Strange, but I'm happy about it of course.
Green, what an unfamiliar color. Let's see if it lasts not that I have a real choice.
IR,
When will the dilution stop? I’ve lost thousands of dollars because you have no regard for shareholders. The PPS is headed straight for triple zeros.
Ashamed I was taken in by your company,
xxx xxx
Galaxy Next Generation Reports First Quarter Fiscal Year 2021 Results
Thu November 12, 2020 8:30 AM|Accesswire|About: GAXY
Company Quarterly Record of $2.8 Million Revenue Plus Deferred Revenue
Backlog of $2.0 Million
Conference Call Scheduled for Today at 4:30 PM ET
TOCCOA, GA / ACCESSWIRE / November 12, 2020 / Galaxy Next Generation, Inc (GAXY). (OTCQB:GAXY), a provider of interactive learning technology solutions, today announced the Company's operating and financial results for the fiscal first quarter ended September 30, 2020.
Key Financial Highlights for Q1 FY 2020
Revenue increased 89% to $1.2 million
Deferred revenue of $1.6 million
Product Gross Margin of 49%
Gross Margin of 29% after freight and transit
Total Assets increased to $5.2 million
Backlog increased to $2.0 million
Key Business Highlights for Q1 FY 2020
Added production and manufacturing in Arizona to increase sales to OEM partners
Partnered with a Florida public school district (7th largest in nation) to provide protective gear for schools
Awarded a contract of $172,000 from Thompson School District in Loveland, Colorado for new Cloud-Based Intercom and Paging solution (a new product launched in Q1)
Received commitment for up to $600,000 in Cov-Shield products from school district in southern Texas
Received $1.5 million purchase order under its supply agreement from an OEM customer in additional to a previously provided order of approximately $0.9 million.
Expanded to Australia with new distribution partnership with Technology Core, Inc.
Sequential Quarterly Financials
Q1 2021
Q3 2020
Q2 2020
Q1 2020
Revenue
$1,178,213
$349,247
$876,529
$624,897
Year-Over-Year Revenue Growth
89%
32%
147%
25%
Gross Profit
$345,036
$218,663
$384,424
$131,218
Adjusted Net Loss*
($1,047,191)
($1,443,726)
($1,421,056)
($661,781)
Management Commentary
"We are extremley proud of our start to fiscal year 2021 as we continued to demonstrate impressive 89% growth of our income for our core technology interactive panels and related accessories and introduced our new product line of Cov-Shield protective products," commented, Gary LeCroy, Galaxy's Chief Executive Officer. "Our fiscal year first-quarter revenue, deferred included, of $2.8 million is more than all the revenue we generated in the previous fiscal year."
LeCroy concluded, "Our deferred revenue and backlog continue to increase and remain strong, a good indicator of future revenue trends. Our capital structure has improved with each passing quarter and we have a goal over the next twelve months to uplist to a major U.S. national exchange. We believe this is just the beginning of a major technology turnover cycle in the K-12 education market, as the way our students learn continues to evolve, and we look forward to being a major participant in it."
Shareholder Conference Call
Date: Thursday, November 12, 2020
Time: 4:30 PM ET
Dial-in: 1-844-985-2021 (Domestic)
1-973-528-0035 (International)
Participant Entry Code: 964230
If you would like to submit a question, please send an email with your question to IR@GalaxyNext.us prior to the call. Galaxy will do their best to answer all questions.
https://seekingalpha.com/pr/18083203-galaxy-next-generation-reports-first-quarter-fiscal-year-2021-results
Not that the dilution is new news. We knew that. It is good to see all those convertibles are officially paid off. Doesn't help the stock price apparently.