Welcome to our dedicated page for Decentral Life Ord Shs news (Ticker: WDLF), a resource for investors and traders seeking the latest updates and insights on Decentral Life Ord Shs stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Decentral Life Ord Shs's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Decentral Life Ord Shs's position in the market.
Decentral Life announces the appointment of Jeff Gabrelcik as the new CEO of Outdoorsmen.com. Gabrelcik, a retired U.S. Air Force Chief Master Sergeant, brings over 35 years of diverse experience, including senior leadership positions at the Pentagon and entrepreneurial ventures in financial, software, and service industries. He has received over 55 medals and decorations during his military career. The company also highlights the role of Steve Reichert, a retired U.S. Marine Corps Officer, as Advisor to the Board, who has extensive experience in sensitive U.S. Government programs.
Summary not available.
Summary not available.
Summary not available.
Decentral Life, Inc. (OTC: WDLF) reported a remarkable 323% increase in annual sales, climbing from $292,139 in 2021 to $944,413 in 2022. Concurrently, the company significantly reduced its operating expenses by 60%, from $654K in 2021 to $260K in 2022. This operational efficiency led to a net income of $727,386 for 2022, compared to a loss of $2,091,687 in 2021. The net income surged by nearly 400% year-over-year, reflecting strong financial performance.
Decentral Life, Inc. (OTC: WDLF) announced on February 3, 2023, that it has officially changed its name from Social Life Network to Decentral Life. This rebranding reflects the company's current focus and future growth ambitions as a Technology Business Incubator (TBI) in the blockchain sector. CEO Ken Tapp expressed satisfaction with the name change, emphasizing its alignment with their business model. The company provides blockchain and AI technology through licensing and supports tech startups with leadership and consulting services. Since its inception in January 2013, Decentral Life has facilitated the launch of niche social networks and e-commerce platforms across various industries.
Social Life Network, Inc. (OTC: WDLF) announced the inclusion of iGuide Solar, Inc. in its Technology Business Incubator program. iGuide Solar specializes in solar-powered LED lane markers aimed at enhancing roadway safety. CEO Ken Tapp highlighted the $18 billion Federal funding for roadway safety from the Bipartisan Infrastructure Bill, emphasizing iGuide Solar's existing relationships with state transportation agencies. The company aims to achieve $40 million in sales from the Department of Transportation over the next three years.
Social Life Network (OTC: WDLF) reported a remarkable 318% increase in annual sales, reaching approximately $929,413 in 2022, up from $291,000 in 2021. The company managed to keep operating expenses consistent with the previous year, resulting in a significant boost to operating income. As they focus on blockchain and AI technology, their technology business incubator continues to support various niche industries.
Social Life Network, Inc. (OTC: WDLF) has reported that its TBI company, HuntPost.com, is engaging with 17 trade show operators, representing over 60 shows with an annual revenue exceeding $20 million. The company aims to enhance revenue through roll-up mergers, leveraging state-of-the-art technology to connect retailers within the HuntPost Social Marketplace. CEO Ken Tapp emphasized the strategic focus on revenue growth during the TBI program's second half. The TBI program nurtures sector-specific e-commerce firms, holding a 15% equity interest and benefiting from a 5% revenue share.
Social Life Network, Inc. (OTC: WDLF) announced that its Technology Business Incubator (TBI) company, WeedLife, Inc., executed a Letter of Intent to acquire Saving Grace Oil, Inc., a CBD firm. CEO Ken Tapp indicated that the roll-up mergers are aimed at boosting bottom-line revenues by leveraging social networking audiences. The TBI program supports companies aiming for $25 million in annual revenue growth in 2023 through strategic acquisitions. The TBI owns 15% in each participating company, receiving 5% of their revenues.
FAQ
What is the current stock price of Decentral Life Ord Shs (WDLF)?
What is the market cap of Decentral Life Ord Shs (WDLF)?
