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There is only one thing that matters in my opinion, executing a liquidity event. They have touted this as a core element of their business model for several years. This stock belongs below trips now until they execute on an event Ken said would happen last year. The stock actually belongs right here, if not lower. Ken Tapp’s words and lack of explanation as to why things have not happened as he forecasted are the reason this stock belongs right where it is.
I do not expect anything exciting to happen tomorrow or Monday or next week or next month. I’ve heard the same excitement four times the past year coming out quiet periods and nothing ever happens. Don’t expect anything tomorrow either. I hope Ken proves me wrong.
Let’s just close one liquidity event.
Once again, Ken fails to live up to his word by not filing on time. He does this all the time. It has been a consistent pattern. He shoots from the hip with his smooth talking and rarely lives up to his word. He’s a fraud.
We can agree to disagree. I think you give “retail” shareholders way too much credit. I do not think this thought is on their mind at all. If they do as you say, sell in 10,000 share lots, that is a $150 sale. Most brokers charge $7 or so per trade. So they are losing 5% in commissions in addition to selling shares at a lesser price. I think they have much bigger fish to fry, like building a business, to waste their time doing what you claim they are doing.
So you think they (management) are simultaneously holding the stock price down while also selling shares. Why would they hold the stock back and sell shares. It makes zero sense.
They did $142k in revenues in Q1. I would expect around the same in Q2. I just don’t see any information from the company that would indicate sales are increasing. On a sequential basis Q1 was disappointing to me.
Hey son get it through your head that nothing is going to happen to this stock until there is news. The little trades daily mean very little. Daily trading represents an infinitesimal percentage of the stock. When it is ready it will move on news. Until then you should give your rage a break.
Didn’t happen. Nice try. Could have happened but no.
Up 2.5% is up from yesterday. But you can think as you wish.
Patience grasshopper. Patience. Stock is up today, so buy signal works for today. Cheers.
Buy signal just showed up. What a joke.
Well stated. All factual. I will go on the record now and say clearly I am not a paid basher. Although I did find Jonpar’s post entertaining and interesting. I am a very frustrated and angry shareholder of over 17 Million shares. The share price today has zero to do with bashing. It has everything to do with a lack of execution of their business plan and on Ken’s misguided and misleading communications over the past two plus years. End of story. If Ken and longs want to see a change in the pps, then Ken needs to actually execute a liquidity event that is valid and value adding. Until then, this will remain in the gutter.
The flow of negativity has come from the fact that Ken has not delivered on one liquidity event. And he provides no details as to why that has not happened. He has never addressed what happened in Q4 when he said liquidity events were going to happen before the end of 2022. He acts as if he never made the comments. And here we sit NINE months later and nada.
Market cap at $4.4M. And Ken somehow values WDLF in the billions.
It looks more like a Ponzi scheme of sorts. Ken makes it sound like these tech companies come to WDLF to help them grow their businesses and reach a liquidity event where in reality WDLF creates most of the TBI’s themselves and then puts them into their own TBI incubator. It is a fraud until proven otherwise.
The whole revenue growth thesis is nonsense. They had one quarter last year which was unusually high dues to collections due. Of course Ken didn’t provide any color on these collections. He just reported it as such huge revenue growth. 2nd Q will be dismal in revenue growth.
You make odd assumptions.
This week’s podcast was a complete waste of time. Once again Ken intimating a liquidity event for LikeRE in Q1 2024 and the same for MJLink in Q4 2023.
He said the same thing in 2022. Ken Tapp is a complete fraud. Never mentioned what happened after the Q4 2022 call when he said liquidity events were weeks away. Not one reason given. He is full of crap. He is a fraud. He is a complete joke.
The real reason no liquidity events have occurred is because investment bankers can see right through Ken’s BS. That is the truth, unless Ken is willing to tell us otherwise.
Still trying to connect the dots from the comments connecting the Wimbledon finals to WDLF, one of the biggest and egregious reaches I have ever seen on this board. LOL.
Tying Wimbledon to WDLF in any way is ridiculous. Come on man…
Let’s just close one freaking liquidity event. It has now been NINE months since a couple were right around the corner.
Ken Fraud is a piece of work.
Good seeing Kapil Bharti’s involvement here. He invented the IP.
Just a matter of time.
“Good morning Lakota! My faith, “opinion” is based on both pps activity AND Ken Tapp.”
Funny how he calls this answer middle of the road. Complete nonsense and not surprising. But then again he places blind faith in a man (Ken Tapp) who blocked investors from his investor club when they asked tough questions after he failed to execute on a liquidity event and backed off his commitment to not do a RS until $.05.
Ken Tapp is a fraud and cannot be trusted in my opinion until proven otherwise.
Ken Tapp is a fraud.
Good for you.
Agree. Particularly taking $5.M in the MJ Link offering that no one can get out. It’s criminal.
Par for the course. His schemes have been exposed.
In November of 2022 he said this about the MJ Link liquidity event:
“The MJ Link liquidity event and the announcement of that is right around the corner. And I hope to have that put out before, certainly before the end of this month and definitely before the end of the year. Keep an ear to the ground for that news update.”
This was nearly EIGHT months ago. What a joke of a CEO. One would think that if he put this type of news out there, that he would also have also to told investors what happened. Imagine the people who may have bought stock based on this news. You don’t tell investors this then pretend you never said it which is exactly what he did. He has not said anything about his since. And if you questioned this on his investor club site back then you would have been blocked.
Ken’s a fraud.
Do OTC stocks trade after hours?
Yes! Just like centralized exchanges like the NASDAQ or NYSE, the OTC markets also trade in extended hours. This means that after the markets are closed for the session, traders still have the ability to buy or sell shares, often to a limited extent.
For the Over the Counter markets, the extended trading hours have a pre-trading session from 6:00 AM to 9:30 AM EST, and a post-trading session from 4:00 PM to 5:00 PM EST, Monday through Friday. The OTC markets are closed on the weekends as well as the same statutory holidays that close the larger exchanges.
If you think they are going to do a RS soon, why did Garr convert all of his preferred shares to common? Seems to be counter intuitive to me if they plan to pull a fast one over investors and do a RS.
From December 22, 2022, press release…
“Social Life's TBI program supports sector specific social networking ecommerce companies, each of which it owns a 15 percent interest and receives 5% of their revenues. Multiple TBI licensees are currently aiming to increase bottom-line annual revenues by $25 million in 2023 through strategic roll-up mergers.”
Where’s that $25M revenues Ken? Q1 didn’t live up to expectations, with what $100K in revenues?
Have not heard of even one trade show being bought and closed by Huntpost.com. And they have 17 in the hopper??? At this pace they will be “negotiating” with these trade show operators for another 15 years. LOL.
Based on Q1 revenues and the fact they earn 5% of revenues of their TBI’s it is a safe assumption their TBI’s are making squat for revenues in 2023. The big names who are “advisors” haven’t meant a darned things to the bottom line, and some of these so called expert advisors have been in their roles for years. Ken should interview some of them. They probably don’t even know who the company is.
We are into July 2023. Ken seems to forget things he posts.
Ken and WDLF are frauds until proven otherwise.
This is good news. This is the first time I have heard about their commitment to execute one or more liquidity events prior to a RS since Ken backed off of the previously stated plan not to do so prior to a sales price of at least $.05. Unless I missed him addressing this since then.
QUESTION: Do you have strategy for strengthening the balance sheet of the company and increasing shareholder interest in supporting the share value and, hopefully the share price, before executing a reverse stock split (R/S)?
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.
You’d like that wouldn’t you?
If a liquidity event does not happen until after a RS, then retail will be crushed.
They have to get a liquidity event done prior to any thinking of a RS or uplist. Their whole business model is built on accomplishing liquidity events.
In November 2022 Ken strongly hinted that two liquidity events were imminent, MJLink and Huntpost. Here we are EIGHT months later and no liquidity event.
The SEC will not uplist this company without substantial progress on their business model. It’s delusional for Ken to think or say otherwise.
Podcasts are all smoke and mirrors to me until Ken delivers on a substantial liquidity event. In my eyes as a long investor Ken’s credibility took a major hit when he failed to deliver on a liquidity event and then when he blocked me from his investor club when I asked some basic questions. He remains a fraud in my eyes until proven otherwise.
I think their goal is to still uplist. They will need a RS to accomplish that at some point. I’d rather have it at as high a price possible before that happens. We’ll see.
Meant to say it would be nice if we had a nice run prior to the RS. Thanks for pointing out my grammatical error iRobot. I will be sure to return the favor.
That would be nice if no run prior to RS.
Feeling good about my substantial buy yesterday at .014. Thank you to whomever parted ways with the shares.
Great post and reminder of the experts involved in CUBT’s Metformin CRADA, including Dr. Bharti who is on the CUBT Board of Advisors and inventor of the Metformin IP and Dr. Chew the lead Investigator of the CRDA at the NEI. Connect the dots. Patience will pay off imo.
There ain’t no insider selling going on. LOL.
I added at .014. I am accumulating.
The only reason I ask is that they show some pretty hefty revenue projections. I recall someone here thought Year 1 was 2022. Not sure if that is accurate. I have never seen any actual revenues reported from Outdoorsmen.com. It would be good for the company to report actual revenues to these projections to show if they are on track or if these projections are once again pie in the sky projections with no actual history to support it.