GlobeNewswire

Social Life Network further expands 10-Q filing from Q1 2021

LOS ANGELES, Calif., May 24, 2021 (GLOBE NEWSWIRE) – Social Life Network, Inc. (OTC: WDLF) today announced that the company will need a few additional days to complete its first quarter 10-Q filing. The 5-day extension filed on May 17, 2021 did not give our audit firm enough time to complete its review procedures and file on May 24. “We are still working diligently with our audit firm and plan to complete the 10-Q filing this week, which has taken significantly longer than expected,” said CEO Ken Tapp. “We are convinced that our audit firm, which we have been using for 5 years without delay beyond the period of extension of filing in our quarterly or annual filings, will be able to complete its examination procedures in a few days. only needed to file our first quarter 10-Q, and then we can move forward with our robust schedule of shareholder updates through our podcast series. The Company will reschedule the schedule for its shareholder update podcast series in an upcoming 8-K, which will be filed immediately following the 10-Q filing. “We appreciate the patience of our incredible shareholders as we work on this latest delay. We know everyone is eager to hear from us and receive updates on each of our TBI licensees as well as the growth of Social Life Network as a technology business incubator this year ” , added director Todd Markey. “Please be patient with us this week, and know that we are striving to grow the business to add shareholder value, as we go through this time and file 10-Q quickly.” About Social Life Network, Inc. Social Life Network is a technology business incubator (TBI) which, through individual licensing agreements, provides technology start-ups with seed technology development, legal leadership and executive, which makes it easier for start-up founders to focus on raising capital, honing their business model and growing their number of network users. Our Seed Technology is an artificial intelligence (“AI”) powered social network and e-commerce platform that harnesses blockchain technology to increase speed, security and accuracy on social media niche that we grant to companies in our BIT. Since the launch of the company in January 2013, the company has launched niche social networks to serve the millions of professionals and consumers in the residential real estate industry, the global legal cannabis industry, vertical sports, including including racket sports, golf, cycling. , soccer, space exploration, car racing, travel, hunting, fishing and camping. The Company operates, in part, as a publicly traded technology incubator, and retains ownership of each licensee through shares and options when it achieves growth in the number of contracted users, described in its license agreements. This allows the company to minimize its expense and exposure to failed startup licensees who use its platform. For more information visit our website @ www.SocialNetwork.ai Watch our latest Shareholder Update podcasts @ www.SocialNetwork.ai/podcast Safe Harbor and Disclaimer This information does not constitute an offer to sell or a solicitation an offer to purchase securities or assets of Social Life Network, Inc. All information presented herein concerning the existing business and historical operating results of Social Life Network (“the Company”) and the estimates and projections relating to future transactions are based on documents prepared by the management of the company and involve significant elements of subjective judgment and analysis which may or may not be correct. Although the information provided here is believed to be accurate and reliable, the Company makes no representations or warranties, express or implied, as to the accuracy or completeness of such information. By providing this information, the Company reserves the right to modify or replace all or part of the information contained in this document at any time and assumes no obligation to provide the recipient with access to additional information. Nothing contained in this document is or should be taken as a promise or representation as to the future. Nothing in this press release should be construed as any indication of future income, results of operations or the share price of the Company. Todd Markey Investor Relations Social Life Network, Inc. [email protected] 1-855-933-3277