Congrats WDLF and WDLF shareholders:)
Lots of good things in the recent podcast.. I was tempted to do a point by point summary (might still do one if I get bored later this weekend).. but any serious shareholder should take the roughly 10 minutes it takes to hear the update straight from Ken Tapp himself (the CEO).. the link to the recorded podcast is on this board.
For those who are not familiar with the process or types of things that occur before a company uplists or goes public.. there is usually a roadshow to present to analysts, larger investors (institutional) and retail. Ken talked about this occurring in the coming weeks (and btw for those expecting a "blackout" in company information, it looks like we have more communication to look forward to according to Ken, starting with Oct. 11, 12.. might actually get some interesting pieces of info in those investor decks:).. also it was projected that filings will be accelerated for this next quarter so we won't need to be in the quiet period for very long.
Record revenue.. collected all ACs (account receivables).. and revenue looks to be growing going forward. No further dilution leading into the UPLISTING according to Ken.. which is exciting considering everything else that is taking place (they had previously considered raising the share count by 2 billion)..
What really excites me is thinking about the 15 percent stake in each of these incubator companies in addition to the 5 percent going forward.. and how there is going to be a multiplyer effect in 2023 and going forward into the future. The number of potential liquidity events is going to GREATLY expand.. and then add the extra revenue stream on top of that and you can see the power of this business model. We are currently at such a small market cap.. it's not hard to see the huge opportunity for growth!
I like the heads up on the office expansion:).. supports this idea of needing more space for this obvious expansion. Very bullish:)
Again could say more.. but people should seriously listen to Ken's own words. I clearly don't understand the naysayers perspective in light of what we now know about WDLF. Very solid company, management and plan going forward. Ken took away a lot of the ammunition (announcing record revenue, cash now on the books, no dilution, continued communication to look forward to (no significant quiet period).. VERY impressive progress being made!
Very proud to be a WDLF shareholder!:)
Cy
This is my opinion.. please do your own DD.. this is not investment advice.. I simply try to find the best companies to put my
money.. and I post on boards where I either have an interest in the stock or own shares.
