Decentral Life, Inc 10-Q for FY2020 Q2

Decentral Life, Inc. (WDLF)

10-Q 2020-08-14 For: 2020-06-30

Added on April 09, 2026

About this 10-Q

Decentral Life, Inc filed this 10-Q on August 14, 2020, covering the quarter ended June 30, 2020 (FY2020 Q2).

Headline figures

Quarter ended June 30, 2020, as reported in this filing, compared with the same period a year earlier where the filing states it.

Revenue: $69.79K; down 46.8% from $131.19K a year earlier
Net loss: $100.79K; compared with a net loss of $1.42M a year earlier
Diluted EPS: $0.00; compared with -$0.01 a year earlier

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		Page

	PART I — FINANCIAL INFORMATION	F-1

ITEM 1.	Consolidated Financial Statements	F-1
ITEM 1A.	Risk Factors	3
ITEM 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	22
ITEM 3.	Quantitative and Qualitative Disclosures about Market Risk	35
ITEM 4.	Controls and Procedures	35

	PART II — OTHER INFORMATION	36

ITEM 1.	Legal Proceedings	36
ITEM 2.	Unregistered Sales of Equity Securities and Use of Proceeds	36
ITEM 3.	Defaults Upon Senior Securities	36
ITEM 4.	Mine Safety Disclosures	36
ITEM 5.	Other Information	36
ITEM 6.	Exhibits	37
	Signatures	38

Condensed Consolidated Balance Sheets		F-2

Condensed Consolidated Statements of Operations		F-3

Condensed Consolidated Statements of Stockholders’ Deficit		F-4

Condensed Consolidated Statements of Cash Flows		F-5

Notes to the Condensed Consolidated Financial Statements		F-6

	June 30, 2020			December 31, 2019
ASSETS
Current Assets:
Cash	$	14,935		$	6,057
Accounts receivable		15,500			20,500
Accounts receivable – related parties		333,500			257,500
Prepaid Expenses		6,864			20,933
Total Assets	$	370,799		$	304,990

LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)
Current Liabilities:
Accounts Payable	$	77,421		$	15,724
Loans payable – related party		38,675			10,000
Other current liabilities		50,000			40,000
Deferred Revenue		13,041			29,396
Payroll Protection Program Loan plus accrued interest		163,111			-
Convertible debt plus accrued interest		462,792			616,179
Total Current Liabilities		805,040			711,299
Long Term Debt		-			-
Total Liabilities		805,040			711,299

Stockholders’ Equity (Deficit):
Common Stock A par value $0.001, 10,000,000,000 shares authorized, 1,330,794,686 and 125,358,319 shares issued and outstanding, respectively		1,330,810			140,791
Common Stock B par value $0.00, 400,000,000 shares authorized, 25,000,000 and 0 shares issued and outstanding, respectively		-			-
Additional paid in capital		30,122,222			31,016,394
Common Stock to be issued		-			-
Common Stock Receivable		-			-
Preferred Stock par value $0.00, 300,000,000 shares authorized, 0 and 0 shares issued and outstanding, respectively		-			-
Accumulated deficit		(31,887,273	)		(31,563,493	)
Total Stockholders’ Equity (Deficit)		(434,241	)		(406,308	)
Total Liabilities and Stockholders’ Equity	$	370,799		$	304,990

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2020			2019			2020			2019
Revenues:
Digital subscription revenue	$	7,292		$	-		$	16,354		$	-
Digital marketing revenue		-			55,200			-			55,200
Advertising revenue		-			-			-			2,500
Licensing revenue		-			-			-			-
Licensing revenue – related party		62,500			-			125,000			25,000
Event revenue		-			75,985			-			75,985
Sales returns		-			-			-			-
Total revenue		69,792			131,185			141,354			158,685
Costs of goods sold		(10,744	)		181,934			(8,679	)		183,466
Gross margin		80,536			(50,749	)		150,033			(24,781	)

Operating Expenses:
Compensation expense		113,491			395,437			279,969			696,115
Non-cash stock expense		-			774,988			-			1,801,333
Warrant expense		-			-			-			-
Sales and marketing		2,650			37,115			8,282			108,655
General and administrative		77,815			119,418			129,402			234,314
Total operating expenses		193,956			1,326,958			417,653			2,840,417

Income (Loss) from operations		(113,420	)		(1,377,707	)		(267,620	)		(2,840,417	)

Other Expenses:
Interest expense		32,062			5,024			60,563			5,024
Other non-operating expenses (income)		(44,693	)		37,500			4,404			37,500
Total other expenses		12,630			42,524			(56,159	)		42,524

Net Income (Loss)	$	(100,789	)	$	(1,420,231	)	$	(323,779	)	$	(2,907,722	)

Income (loss) per share
Basic		(0.00	)		(0.01	)		(0.00	)		(0.02	)
Diluted	$	(0.00	)	$	(0.01	)	$	(0.00	)	$	(0.02	)

Weighted average shares outstanding:
Basic		1,330,794,686			125,358,319			1,330,794,686			125,358,319
Diluted		8,195,270,924			127,190,672			8,195,270,924			127,190,672

	Common Stock B				Common Stock A				Additional Paid in			Common Stock to			Common Stock		Accumulated
	Shares		Amount		Shares		Amount		Capital			be Issued			Receivable		Deficit			Total
Balance, December 31, 2018		-		-		117,817,319	$	117,817	$	27,763,019		$	25,000		$	-	$	(27,705,545	)	$	200,291
Common stock issued for services		-		-		3,750,000		3,750		1,207,595			-			-		-			1,211,345
Common stock issued for services to officers		-		-		500		49,500		-			-			-		-			50,000
Fair value of warrants issued		-		--		-		-		292,500			-			-		-			292,500
Common stock sold for cash		-		-	14,025,529			14,025		1,362,315			(25,000	)		-		-			1,350,340
Common stock from conversion of debt		-		-		284,373		284		9,716						-		-			10,000
Beneficial conversion feature		-		-		-		-		429,600						-		-			429,600
Common stock from warrant conversion		-		-		4,400		-		-			-			-		-			4,400
Net Loss for the year ended December 31, 2019		-		-		-		-		-			-			-		(3,857,948	)		(3,857,948	)
Balance, December 31, 2019		-	$	-		140,777,231	$	140,791	$	31,016,394		$	-			-	$	(31,563,493	)	$	(406,308	)
Common stock issued for service		-		-									-			-		-			-
Common stock issued to officers		25,000,000		-									-			-		-			-
Common stock issued to investors		-		-		415,470,876		415,471		(120,825	)		-			-		-			294,646
Common stock cancelled		-		-		-		-		-			-			-		-			-
Fair value of warrants issued		-		-		-		-		-			-			-		-			-
Net Loss for quarter ended March 31, 2020		-		-		-		-		-			-			-		(222,990	)		(222,990	)
Balance, March 31, 2020		25,000,000		-		556,248,107		566,263	$	30,895,559		$	-		$	-	$	(31,786,483	)	$	(334,652	)
Common stock issued for service		-		-		-		-		-			-			--		-			-
Common stock issued to officers		-		-		-		-		-			-			-		-			-
Common stock issued to investors		-		-		774,546,579		774,547		(773,347	)		-			-		-			1,200
Common stock cancelled		-		-		-		-		-			-			-		-			-
Fair value of warrants issued		-		-		-		-		-			-			-		-			-
Net Loss for quarter ended June 30, 2020		-		-		-		-		-			-			-		(100,789	)		(100,789	)
Balance, June 30, 2020		25,000,000		-		1,330,794,686		1,330,810		30,122,222			-			-		(31,887,272	)		(434,241	)

	●	The Company cancelled all previously created preferred class of stock;

	●	The Company delivered newly issued, common stock shares equivalent to approximately 89.5% of its outstanding shares as a control block in exchange for 100% of the Buyer’s outstanding shares;

	●	The court appointed receiver sold its judgment to the Buyer and the Seller agreed to pay the receiver $30,000 and the equivalent of 9.99% of the outstanding stock (post-merger) of the newly issued unregistered exempt shares;

	●	The Company’s then officers and directors were terminated, and Kenneth Tapp and Andrew Rodosevich became its Chief Executive Officer/Director and Chief Financial Officer/Director, respectively;

	●	The Company effected a 5,000 to 1 reverse stock split effective April 11, 2016, with each shareholder retaining a minimum of 100 shares;

	●	The Company changed its name from Sew Cal Logo, Inc. to WeedLife, Inc, and then to Social Life Network, Inc. effective in Nevada on April 11, 2016;

	●	The Company changed its stock symbol from SEWC to WDLF;

	●	The Company decreased its authorized common stock shares from 2,000,000,000 shares to 500,000,000 shares, effective on March 17, 2016.

Level 1:	Quoted market prices available in active markets for identical assets or liabilities as of the reporting date.

Level 2:	Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date.

Level 3:	Pricing inputs that are generally observable inputs and not corroborated by market data.

	(a)	any director or executive officer of our company;

	(b)	any person who beneficially owns, directly or indirectly, more than 5% of any class of our voting securities;

	(c)	any person who acquired control of our company when it was a shell company or any person that is part of a group, consisting of two or more persons that agreed to act together for the purpose of acquiring, holding, voting or disposing of our common stock, that acquired control of our company when it was a shell company; and

	(d)	any member of the immediate family (including spouse, parents, children, siblings and in- laws) of any of the foregoing persons.

	Shares available to purchase with warrants		Weighted Average Price		Weighted Average Fair Value
			$	-
Exercisable, December 31, 2018		16,300,000	$	0.05	$	-
Issued		1,594,853		0.18	$	-
Exercised		8,800,020	$	0.00	$	-
Expired		-			$	-
Outstanding, December 31, 2019		9,904,853	$	0.07	$	-

Exercisable, December 31, 2019		9,904,853	$	0.07	$	-
Issued		-		-		-
Exercised		-		-		-
Expired		-		-		-
Outstanding, March 31, 2020		9,904,853	$	0.07	$	-

Exercisable, March 31, 2020		9,904,853		0.07
Issued		-		-
Exercised		-		-
Expired		-		-
Outstanding, June 30, 2020		9,904,853		0.07

Exercisable, June 30, 2020		9,904,853	$	0.07	$	0.32

Note	Funding Date	Maturity Date	Interest Rate			Original Borrowing		Average Conversion Price		Number of Shares Converted		Balance at June 30, 2020
Note payable (A)	April 15, 2019	November 14, 2019		7	%	$	100,000		-		-	$	-
Note payable (B)	April 15, 2019	April 14, 2022		10	%	$	67,500	$	0.0000		20,192,296		-
Note payable (C)	May 24, 2019	December 23, 2019		10	%	$	80,000	$	0.0001		371,054,547		52,842
Note payable (C)	July 3, 2019	February 2, 2020		10	%	$	80,000		-		-		80,000
Note payable (D)	June 12, 2019	June 11, 2020		12	%	$	110,000	$	0.0019		362,104,881		8,657
Note payable (E)	June 26, 2019	March 25, 2020		12	%	$	135,000	$	0.0014		174,250,000		51,339
Note payable (F)	August 7, 2019	August 6, 2020		10	%	$	100,000	$	0.0007		111,115,731		35,000
Note payable (G)	August 21, 2019	August 20, 2020		10	%	$	148,500	$	0.0001		151,300,000		42,001
Note payable (H)	January 28, 2020	January 27, 2021		10	%		63,000		-		-		40,800
Total								$	0.0010		1,190,017,455	$	332,839

	(A)	On April 15, 2019, the Company completed a 7-month term original issue discount convertible note and other related documents with an unaffiliated third-party funding group to generate $100,000 in additional available cash resources with a payback provision due and was paid in full on November 14, 2019 of $117,700, which includes the original issue discount of $10,000 and interest of $7,700. In connection therewith, the Company issued 150,000 common stock shares and an additional 102,176 common stock shares on October 15, 2019, per the Company’s original agreement, 412,500 common stock warrants, and reserved 1,412,500 restricted common stock shares for conversion. The shares were issued during the three months ended June 30, 2019. The conversion price is fixed at $0.15. Pursuant to current accounting guidelines, the Company determined that the beneficial conversion feature of the note created a fair value discount of $13,333 at the date of issuance when the stock price was at $0.17 per share. On November 14, 2019, the Company fully met and timely paid its debt obligation.

	(B)	On April 15, 2019, the Company completed a convertible debenture at zero interest and other related documents with an unaffiliated third-party funding group to generate $375,000 in additional available cash resources, the funds of which will be released over the 90 days following execution of the agreement in the amounts of $67,500, $90,000, and $180,000, with a payback provision of $75,000, $100,000, and $200,000, respectively, over 36 months. In connection therewith, the Company issued 300,000 common stock warrants, and 20,192,307 restricted common shares as reserve for conversion. The note was unsecured and did not bear interest; however, the implied interest was determined to be 10% over 36 months since the note was issued at a 10% discount. Subsequently, on June 26, 2019 we nullified the agreement and other related documents with this funding group after the initial disbursement of $67,500. The Company refunded the initial tranche of $67,500, a 10% redemption fee of $7,500 for the principle amount plus for the original issue discount of $7,500, and other additional administrative fees of $30,000, which totaled $105,000. The 300,000 common stock warrants will remain issued and the reserved common shares will be reduced enough to satisfy the warrants.

	(D)	On June 12, 2019, the Company completed a 12-month convertible promissory note and other related documents with an unaffiliated third-party funding group to generate $110,000 in additional available cash resources with a payback provision due on June 11, 2020 of $135,250 which includes the original issue discount of $11,000 plus interest of $14,250. In connection with the note, the Company has reserved 14,400,000 common stock shares, which was subsequently increased to 502 million restricted common stock shares as reserve for conversion. The conversion price is a 35% discount to the average of the two (2) lowest trading prices during the previous twenty (20) trading days to the date of a Conversion Notice. The Company determined that because the conversion price is variable and unknown, it could not determine if the Company had enough authorized shares to fulfill the conversion obligation. On December 19, 2019, the Company converted $10,000 of principle into 284,373 shares of common stock at approximately $0.035 per share. As such, pursuant to current accounting guidelines, the Company determined that the beneficial conversion feature of the note created a fair value discount of $59,231 at the date of issuance when the stock price was at $0.11 per share.

	(E)	On June 26, 2019, the Company completed a 9-month senior convertible promissory note and other related documents with an unaffiliated third-party funding group to generate $135,000 in additional available cash resources with a payback provision due on March 25, 2020 of $168,000 which includes the original issue discount of $15,000 plus interest of $18,000. In connection with the note, the Company issued 100,000 common stock shares and has reserved 15,000,000, which was subsequently increased to 826 million restricted common shares for conversion. The conversion price is the lower of $0.08 or sixty five percent (65%) of the 2 lowest traded prices of the Common Stock for the twenty (20) Trading Days immediately preceding the date of the date of conversion. The Company determined that because the conversion price is variable and unknown, it could not determine if the Company had enough authorized shares to fulfill the conversion obligation. As such, pursuant to current accounting guidelines, the Company determined that the beneficial conversion feature of the note created a fair value discount of $72,692 at the date of issuance when the stock price was at $0.11 per share. The Company has not fully met and timely paid its debt obligation and is arrears. A default notice has not been issued.

	(F)	On August 7, 2019, the Company completed a 12-month convertible promissory note and other related documents with an unaffiliated third-party funding group to generate $100,000 in additional available cash resources with a payback provision due on August 6, 2020 of $121,000 which includes the original issue discount of $10,000 plus interest of $11,000. In connection with the note, the Company issued 100,000 common stock shares and has reserved 11,000,000 shares, which was subsequently increased to 567 million, restricted common shares for conversion. The conversion price is the lower of $0.08 or sixty five percent (65%) of the 2 lowest traded prices of the Common Stock for the twenty (20) Trading Days immediately preceding the date of the date of conversion. The Company determined that because the conversion price is variable and unknown, it could not determine if the Company had enough authorized shares to fulfill the conversion obligation. As such, pursuant to current accounting guidelines, the Company determined that the beneficial conversion feature of the note created a fair value discount of $73,750 at the date of issuance when the stock price was at $0.09 per share.

	(G)	On August 21, 2019, the Company completed a 12-month convertible promissory note and other related documents with an unaffiliated third-party funding group to generate $148,500, which will be distributed in three equal monthly tranches of $49,500, in additional available cash resources with a payback provision of $49,500 plus the original issue discount of $5,500 or $55,000 due twelve months from each funding date for each tranche, totaling $165,000. The Company generated $49,500 in additional available cash resources with a payback provision due on August 20, 2020 totaling $60,500 which includes the original issue discount of $5,500 plus interest of $5,500. In connection therewith, the Company has issued 50,000 common stock shares for the first tranche with another 50,000 common stock shares to be issued with each additional tranche, which will total 150,000 common shares; the Company has reserved 15,714, which was subsequently increased to 1.85 billion, restricted common shares for conversion. The conversion price is the 35% discount to the average of the two (2) lowest trading prices during the previous twenty (20) trading days to the date of a Conversion Notice. The Company determined that because the conversion price is variable and unknown, it could not determine if it had enough authorized shares to fulfill the conversion obligation. As such, pursuant to current accounting guidelines, the Company determined that the beneficial conversion feature of the note created a fair value discount of $26,654 at the date of issuance when the stock price was approximately $0.07 per share.

	(H)	On January 28, 2020, the Company completed a 12-month convertible promissory note and other related documents with an unaffiliated third-party funding group to generate up to $925,000, which will be distributed in multiple tranches to be determined, in additional available cash resources with a payback provision of principle debt without an original issue discount plus interest. The Company generated $63,000 in additional available cash resources with a payback provision due on January 27, 2021 totaling $69,300 which includes the principle plus interest of $6,300. The Company has reserved 41,331,475, which was subsequently increased to 728.3 million restricted common shares for conversion. The conversion price is the 39% discount to the average of the two (2) lowest trading prices during the previous fifteen (15) trading days to the date of a Conversion Notice. The Company determined that because the conversion price is variable and unknown, it could not determine if it had enough authorized shares to fulfill the conversion obligation. As such, pursuant to current accounting guidelines, the Company determined that the beneficial conversion feature of the note created a fair value discount of $40,279 at the date of issuance when the stock price was approximately $0.01 per share.

	●	Emergence of competing websites and applications;

	●	Inability to convince potential users to join our network or that of our licensees;

	●	Technical issues related to mobile and desk top compatibility; and

	●	Rise in safety or privacy concerns.

	●	to elect or defeat the election of our directors;
	●	to amend or prevent amendment of our certificate of incorporation or by-laws;
	●	to effect or prevent a merger, sale of assets or other corporate transaction; and
	●	to control the outcome of any other matter submitted to our stockholders for a vote.

	●	May prevent the Board from being independent from management in its judgments and decisions and its ability to pursue the Board responsibilities without undue influence.

	●	May present us from providing a check on management, which can limit management taking unnecessary risks.

	●	Create potential for conflicts between management and the diligent independent decision-making process of the Board.

	●	Present the risk that our executive officers on the Board may have influence over their personal compensation and benefits levels that may not be commensurate with our financial performance.

	●	Deprive us of the benefits of various viewpoints and experience when confronting challenges that we face.

	●	The need for continued development of financial and information management systems;
	●	The need to manage strategic relationships and agreements with manufacturers, customers and partners; and
	●	Difficulties in hiring and retaining skilled management, technical, and other personnel necessary to support and manage the business.

	Preferred Stock				Common Stock				Additional Paid		Common Stock to be		Common Stock		Accumulated
	Shares		Amount		Shares		Amount		in Capital		Issued		Receivable		Deficit			Total
Balance, December 31, 2019		-		-		1,500	$	15	$	-	$	-	$	-	$	(328,078	)		(328,063	)
Common stock issued for service		-		-		-		-		-		-		-		-			-
Common stock issued to officers		-		-		-		-		-		-		-		-			-
Common stock issued to investors						-		-		-		-				-			-
Common stock cancelled		-		-		-		-		-		-		-		-			-
Fair value of warrants issued		-		-		-		-		-		-		-		-			-
Fair value of beneficial conversion feature for convertible notes		-		-		-		-		-		-		-		-			-
Net Loss for year ended Mar 31, 2020		-		-		-		-		-		-		-		(2,969	)		(2,969	)
Balance, March 31, 2020		-		-		1,500		15	$	-	$	-	$	-	$	(331,047	)	$	(331,032	)
Common stock issued for service		-		-		-		-		-		-		-		-			-
Common stock issued to officers		-		-		-		-		-		-		-		-			-
Common stock issued to investors		-				-		-		-		-		-		-			-
Common stock cancelled		-		-		-		-		-		-		-		-			-
Fair value of warrants issued		-		-		-		-		-		-		-		-			-
Fair value of beneficial conversion feature for convertible notes		-		-		-		-		-		-		-		-			-
Net Loss for quarter ended June 30, 2020		-		-		-		-		-				-		13,421			13,421
Balance, June 30, 2020		-		-		1,500		15		-		-		-		(317,626	)		(317,611	)

	Consolidated			Social Life Network			MjLink.com
Revenue	$	141,354		$	125,000		$	16,354
Cost of Sales		(8,679	)		2,137			(10,816	)
Gross Margin		150,033			122,863			27,170
Operating Expenses		417,652			400,935			16,717
Loss from Operations		(267,619	)		(278,072	)		10,453
Other Expenses		(56,159	)		(56,159	)		-
Net loss	$	(323,779	)	$	(334,231	)	$	10,453

Exhibit Number		Description
31.1		Certifications of the Chief Executive Officer and Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
31.2		Certifications of the Chief Executive Officer and Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32.1		Certification of the Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
32.2		Certification of the Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
101.INS		XBRL Instance Document
101.SCH		XBRL Taxonomy Extension Schema Document
101.CAL		XBRL Taxonomy Extension Calculation Linkbase Document
101.LAB		XBRL Taxonomy Extension Label Linkbase Document
101.PRE		XBRL Taxonomy Extension Presentation Linkbase Document
101.DEF		XBRL Taxonomy Extension Definition Linkbase Document

	SOCIAL LIFE NETWORK, INC.

Date: August 14, 2020	By:	/s/ Ken Tapp
		Ken Tapp
		Chief Executive Officer
		(Principal Executive Officer & Chief Executive Officer)

	By:	/s/ Ken Tapp
		Ken Tapp
		Chief Financial Officer
		(Chief Financial Officer & Chief Accounting Officer)

1.	I have reviewed this Quarterly Report on Form 10-Q of Social Life Network, Inc.;

2.	Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.	Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.	The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and have:

	(a)	Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

	(b)	Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

	(c)	Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

	(d)	Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

	(a)	All significant deficiencies and material weaknesses in the design or operation of internal controls over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

	(b)	Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.


Date: August 14, 2020	By:	/s/ Ken Tapp
		Ken Tapp, Chief Financial Officer/Chief Accounting Officer
		(Principal Financial Officer/Chief Financial Officer/Principal Accounting Officer)