Social Life Network (OTCMKTS:WDLF) is trading sideways this morning. The stock has lost almost 45% over the past month.
Social Life Network Further Extending The First Quarter 2021 10-Q Filing
- WDLF announceD today the Company will need an additional few days to complete the filing of their first quarter 10-Q filing. The 5 day extension filed on May 17th, 2021 did not allow for enough time for our audit firm to complete its review procedures to file on May 24th.
- The Company will be re-postponing its shareholder update podcast series schedule in an upcoming 8-K, that will be filed immediately after the filing of the 10-Q.
“We are still working diligently with our audit firm and aim to complete the 10-Q filing this week that has taken much longer than we expected,” said CEO Ken Tapp. “We are confident that our audit firm, that we have been using for the past 5 years without delays beyond the extension period filing in our quarterly or annual filings, will be able to complete its review procedures in only a few more days needed to file our first quarter 10-Q, and then we can then move forward with our robust schedule of shareholder updates through our podcast series.”
“We appreciate the patience from our amazing shareholders while we work through this latest delay. We know that everyone is anxious to hear from us and receive updates on each of our TBI licensees as well as Social Life Network’s growth update as a tech business incubator this year,” added Director Todd Markey.
Market Action
As of 12:44, WDLF stock is down by 1% to $0.0109. The stock has seen a total volume of 25.98 million shares – compared to its average volume of 120.32 million. The stock has moved within a range of 0.0107 – 0.0111 after opening the trade at $0.0110.
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