It's hard to stay positive...so kudo's to you Lakota. Like so many things in this world...there was good and bad in the recent update. I'll start with the bad. Doesn't sound like we will get much movement any time soon. Fortunately, that is the only "bad" I took away from the update. The good is that anyone that wants more shares, should be able to get them. Definitely at .005, which has been available for months now. but might even get 4's or even lower. I'm still surprised after all this time, that the pps is this low. I get that the company hasn't "proven" the concept with liquidity events...but...they also haven't sold a single share in 3 years. IMO, the selling pressure is just those investors that couldn't hang on any longer. I can understand their frustration and the fact they ran out of patience.
A few bullet points I took away from the recent update:
-haven't diluted, and won't be diluting
-no rs this year, and will only happen for an uplist
-recent lawsuit, you could tell Ken is not happy about at all!! And not only will fight to show how disingenuous the lawsuit is, but will let us (shareholders) know the details of how disingenuous it is
-transfer agents also potential clients
-more updates soon from LikeRE, Outdoorsmen, and the joint venture
-all companies are ready to go, once the market conditions are favorable
And most importantly for me...
-the TBI's have a minimum charge they pay WDLF.
-that minimum charge is basically how WDLF can remain viable without selling shares
While it's taking "Forever", Ken has been smart enough to keep the burn rate lower than revenue coming in. So few pennies set themselves up to keep from dilution. And the upside still seems enormous when they finally get this rolling!!
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