AppLife Digital Solutions Inc (ALDS)

[MegaDeath]

FORM 8-K

Item 8.01 other Events.

On January 29, 2021, APPlife Digital Solutions, Inc. (the “Company”) entered into a binding letter of intent (the “LOI”) with a private company (“Private Co”) that will distribute hemp and CBP products globally. The LOI contemplates the Company will provide a non-exclusive license to the Private Co to use the Company’s market ready website and mobile website e-commerce platform in exchange for fifteen percent (15%) equity ownership in Private Co and a quarterly distribution of two and one half percent (2.5%) of gross revenue. It is anticipated definitive agreements will be negotiated between the parties to reflect the terms of the LOI.

This Current Report on Form 8-K contains forward-looking statements. These forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Forward-looking statements are based upon assumptions as to future events that may not prove to be accurate. Actual outcomes and results may differ materially from what is expressed in these forward-looking statements.

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