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cybermich

02/13/21 3:06 AM

#40407 RE: Coopavesting #40402

And let me add Coopavesting (so folks reading this fascinating exchange can get all sides.. lol)

You make another great point.. but let me expand..

There is going to be a cash burn when creating a business and bringing it to market (MJlink as an example).. this is where the convertible debt has come in..

NOW that these assets are coming to market (after 8 + years of building this particular "business").. WDLF knows the spotlight is on them.. and therefore the opportunity and reason why the debt is being cleared up NOW..

When MJlink comes to market.. you are obviously right in that WDLF will get 15 percent from the "liquidation event".. and then 5 percent in recurring revenues.. the beauty of this is that when a company (like MJlink) comes to market and raises money (why do you think they are raising money?:).. its because MJlink will be a viable company with money in the bank to take advantage of the opportunity of the MJ space!!! Imo smart investors/speculators are seeing the VALUE..
is
It is no COINCIDENCE that a company all of a sudden is valued MUCH higher once it IPOs - it is because coming to market well capitalized UNLOCKS value:).. and WDLF and its shareholders will benefit from this..

The share price reflects this:)..

imo no surprise we are seeing a dramatic rise in the share price.

Btw.. I am not writing this post to explain anything to you:).. but some folks just don't get it.. :)

Cy

All the above is my opinion.. please do your own DD and make your own investment decisions. Good luck to all WDLF longs!