Replies to post #62688 on Decentral Life Inc (WDLF)

[Wrangler1]

The comments I refer to are not the podcast you reference. Rather it was from the 11/15/22 Shareholder update video. Link is at the bottom.

A direct quote from Ken from the update is below:

“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.”

I interpret these comments as the MJ Link liquidity event being days away. How you interpret it is up to you. But it is this type of comment, coupled with their inability to actually announce a liquidity event over FIVE MONTHS LATER AFTER THIS QUOTE that has the stock price trading at a dismal .0011. It’s pretty clear to me their inability to close a liquidity event has this stock price in the tank, because their entire business model rests on this. As a result of this, I do not trust Ken’s words as it relates to liquidity events. What will change my level of trust is actually following through on his words and getting a liquidity event accomplished.

Apparently the “market” does not care about the 300% revenue growth from 2021 to 2022, particularly since their 2022 annual revenue was $933K. Not even $1M in revenues. The talk of this being a company ready for the NASDAQ is far fetched to me.