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QUESTION: What updates can be shared about the lawsuit with LGH?

Does management have any idea how long it will take to reach a conclusion?

ANSWER: We do not have any idea as to how long we will be in the lawsuit with LGH, nor do we have any updates that can be shared at this time (as-of January 1st, 2024).

When we have information that can be shared, it will be done so in an 8-K filing.

QUESTION: Will the company execute a reverse stock split (R/S) at or above a certain share price amount (E.g. $0.01, $0.02, $0.05, or more?)

Or will it execute a reverse stock split at or around the current share price?

ANSWER: On December 31, 2023, our Board unanimously approved to irrevocably cancel the Reverse Stock Split of our issued and outstanding shares of Common Stock at a range of 100 to 1 and 50,000, that could have been executed within 24 months from the Effective Date of May 31, 2023. Our Board unanimously approved the cancellation of the Reverse Stock Split because it no longer aligned with our business plan to uplist the company to a major stock exchange within the twenty-four-month timeframe that was approved in the May 31, 2023 Corporate Action.

QUESTION: Is the plan to still do a share buyback if one or more of the lawsuits are won by the company?

ANSWER: YES, the company will most definetly be doing a share buyback with all funds (minus the legal fees) that come from the one lawsuit outstanding. If you are a shareholder that is unaware of both lawsuits that we filed against convertible debt funders in 2021, you can use both of these links to learn more:

Complaint filed against a convertible debt funder in Q2 of 2021, for more than $43M in damages - https://www.wdlf.ai/wdlf-news/social-life-network-otc-wdlf-files-an-amended-43253342-million-dollar-complaint-in-the-united-states-district-court-for-the-southern-district-of-california

QUESTION: Do you have strategy for strengthening the balance sheet of the company and increasing shareholder interest in supporting the share value and, hopefully the share price, before executing a reverse stock split (R/S)?

ANSWER: Yes, we have a plan in motion already to increase shareholder value and interest in our stock, and we expect to accomplish that goal.

R/S has been cancelled: On December 31, 2023, our Board unanimously approved to irrevocably cancel the Reverse Stock Split of our issued and outstanding shares of Common Stock at a range of 100 to 1 and 50,000, that could have been executed within 24 months from the Effective Date of May 31, 2023. Our Board unanimously approved the cancellation of the Reverse Stock Split because it no longer aligned with our business plan to uplist the company to a major stock exchange within the twenty-four-month timeframe that was approved in the May 31, 2023 Corporate Action.

SAFE HARBOR AND DISCLAIMER

This information does not constitute an offer to sell or a solicitation of an offer to buy securities or digital assets of Decentral Life, Inc.

All information presented herein with respect to the existing business and the historical operating results of Decentral Life (“the  Company”) and estimates and projections as to future operations are based on materials prepared by the management of the Company and involve significant elements of subjective judgment and analysis which may or may not be correct.  While the information provided herein is believed to be accurate and reliable, the Company makes no representations or warranties, expressed or implied, as to the accuracy or completeness of such information. In furnishing this information, the Company reserves the right to amend or replace some or all of the information herein, including but not limited to its business model, business strategy, and business execution at any time and undertakes no obligation to provide the recipient with access to any additional information.  Nothing contained herein is or should be relied upon as a promise or representation as to the future. This information includes certain statements, estimates and projections provided by the Company with respect to its anticipated future performance.

The Decentral Life TBI Program and Business Plan,  as  described in the presentation section of this website, must be adequately funded in order to operate and grow. There are no guarantees that the company will be able to generate enough revenue or raise enough capital to continue existing business operations.  Users of our Technology and SaaS Platform  may need to be licensed and registered with state and federal agencies, in order for it to be legally used, provided or even sold to our clients, or   otherwise require certain  compliance systems,  including for  instance: ((a)  establishing Money Transmitter License (MTL) with the Financial Crime Enforcement Network (FinCEN) in every U.S. State we or our clients operate; (b) being  registered as a national securities exchange; (c) operating  under an exemption from registration, such as the exemption provided for Alternative Trading System under SEC Regulation ATS; (d) Investment Company Act and Section 12(g) Exchange Act considerations; (e) compliance with US Money Laundering statutes; (f) Securities Act of 1933 considerations of the existence or non-existence of investment contracts; (g) registration as a broker-dealer or clearing agency with the SEC and FINRA.  The approval of such licenses and registrations and compliance systems implementation is never guaranteed, and if the required approvals are not received our Technology Platform would need to be changed to become compliant with the required rules and regulations to legally operate.

The information on this website and on this web page may also contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.  These statements are identified by the use of the words “could”, “believe”, “anticipate”, “intend”, “estimate”, “expect, “may, “continue, “predict, “potential, “project” and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this presentation.  You should not place undue reliance on these forward-looking statements.  Although we believe that our plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections.  Actual results to differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company's filings with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

No information in this website should be construed as any indication whatsoever of Decentral Life's, MjLink or Indoor Harvest Corp., our clients, their future financial results, revenues, token price, or stock price.
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