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8-K

Decentral Life, Inc. (WDLF)

8-K 2022-12-27 For: 2022-12-27
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UNITED

STATES

SECURITIES

AND EXCHANGE COMMISSION

Washington,

D.C. 20549

FORM

8-K

CURRENT

REPORT

Pursuant

to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 27, 2022

SocialLife Network, Inc.

(Exact name of registrant as specified in its charter)

Nevada 000-55961 46-0495298
(State<br> or other jurisdiction<br><br> <br>of<br> incorporation) (Commission<br><br> <br>File<br> Number) (IRS<br> Employer<br><br> <br>Identification<br> Number)
6400 S. Fiddlers Green Cir. Suite #1180<br><br> <br>GreenwoodVillage, CO 80111
--- ---
(Address<br> of principal executive offices) (Zip<br> Code)

(855)

933-3277

Registrant’s

telephone number, including area code:

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written<br> communications pursuant to Rule 425 under the Securities Act
Soliciting<br> material pursuant to Rule 14a-12 under the Exchange Act
Pre-commencement<br> communications pursuant to Rule 14d-2(b) under the Exchange Act
Pre-commencement<br> communications pursuant to Rule 13e-4(c) under the Exchange Act

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Social Life Network, Inc. referred to herein as “we”, “us” or “us”

ITEM

8.01 OTHER EVENTS

On December 27, 2022, our licensee, WeedLife.com (“WeedLife”), a company participating in our technology business incubator program of which we own 15%, announced that WeedLife executed a Letter of Intent (the “LOI”) with Saving Grace Oil, Inc. (“Saving Grace”) to purchase Saving Grace, a CBD company. We will be issuing a press release regarding the LOI after we file this Form 8-K, which press release is attached hereto as Exhibit 99.1.

ITEM

9.01. EXHIBITS

(a) Exhibits. The following exhibit is filed with this Current Report on Form 8-K:

Exhibit<br><br> <br>No. Description
99.1 Press Release
104 Cover<br> Page Interactive Data File (embedded within the Inline XBRL document)
| 2 |

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SIGNATURES

Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated:<br> December 27, 2022
Social<br> Life Network, Inc.
By: /s/ Ken Tapp
Ken<br> Tapp,
Chief<br> Executive Officer
| 3 |

| --- |

Exhibit99.1

Social Life Network’s TBI program growingthrough roll-up mergers

LOS ANGELES, CA, DECEMBER 27, 2022 – Social Life Network, Inc. (OTC: WDLF), a Technology Business Incubator (TBI) that holds a 15% stake in each of the companies that participate in its TBI program, has announced (Read press release: https://apnews.com/press-release/ein-presswire-newsmatics/business-20e3a63a7b866fd2eafd4aa20e05076d ) that one of its TBI companies operating in the legalized cannabis industry, WeedLife, Inc. has executed a Letter of Intent to acquire Saving Grace Oil, Inc, a CBD company.

“The business model of roll-up mergers by our TBI companies is meant to rapidly increase their bottom-line revenues, while leveraging their social networking audience to increase product and brand awareness,” said CEO, Ken Tapp. “Our focus in the TBI program during the second half of this year has been to aid companies like HuntPost.com and WeedLife.com through the process of strategically rolling up companies that will result in immediate and meaningful bottom-line revenue growth”, added Tapp.

Social Life’s TBI program supports sector specific social networking ecommerce companies, each of which it owns a 15 percent interest and receives 5% of their revenues. Multiple TBI licensees are currently aiming to increase bottom-line annual revenues by $25 million in 2023 through strategic roll-up mergers.

About Social Life Network and Decentral Life, Inc.

Decentral Life is a SaaS company providing blockchain and AI technology through license agreements, with a division of the company, Social Life Network, that operates a Technology Business Incubator (TBI) that provides tech start-ups with executive leadership and consulting, making it easier for start-up founders to focus on raising capital, perfecting their business model, and growing their customer base and usership.

Since the formation of the company in January of 2013, the TBI program has aided in the launch of niche industry social network and ecommerce marketplaces that service the tens of millions of business professionals and consumers in the residential real estate industry, the legal global cannabis industry, sports verticals including racket sports, golf, cycling, soccer, space exploration, motor sports, travel, hunting, fishing, and camping.

For more information, visit our website @ https://www.WDLF.ai/

Safe Harbor & Disclaimer

This information 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”, “possible,” “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 may 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 press release, including the industry data presented herein, should be construed as any indication whatsoever of actual future financial results, revenues, or stock price.

Todd Markey

Investor Relations

Social Life Network, Inc.

ir@WDLF.ai

1-855-933-3277