Decentral Life Inc (WDLF)

[MNK3240]

MjLink pre-IPO and impact on WDLF:
First of all, MjLink is offering a Reg A pre-IPO, it’s not quite IPO.

What is Regulation A?
Reg A is a type of offering which allows private companies to raise up to $50 Million from the public. Like an IPO, Reg A+ allows companies to offer shares to the general public and not just accredited investors.

Impact on WDLF:
MjLink is a wholly owned subsidiary of WDLF. It means WDLF owns 100% common shares of MjLink.

Through this pre-IPO, WDLF is selling a part of its equity interest (I.e., up to 20m common shares) of MjLink. Because of this, WDLF will lose some equity interest in MjLink but as long as they own more than 51% of the common shares in MjLink, WDLF will still be the parent company and MjLink will still be the subsidiary of WDLF.

So this deal will bring up to $50m dollars to MjLink or in other words to WDLF for giving up a part of their shareholdings in MjLink to outsiders. WDLF and MjLink will be $50m richer. All good.

It’s a win win for everyone. We should all be happy about it.

Hope this helps!

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MjLink Regulation A Pre-IPO Offering: This offering of up to 20,000,000 shares of Common Stock, is sold through a Regulation A offering at ($2.50) per share of MjLink.com, Inc. to NON-Accredited Investors.