Social Life Network’s TBI program poised to grow rapidly through roll-up mergers
LOS ANGELES, CA, Jan. 03, 2023 (GLOBE NEWSWIRE) -- 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-denver-ein-presswire-newsmatics-amazoncom-inc-5f7aebd9504b1f05b10cb8bbd5fd5390 ) that one of its TBI companies operating in the hunting, fishing and camping industry, HuntPost.com, is in conversation with 17 trade show operators, representing 60 shows and more than $20 Million in annual revenue.
“The business model of roll-up mergers by HuntPost.com is meant to rapidly increase their bottom-line revenues, while implementing state of the art technology with each trade show attending retailer that ties directly into the HuntPost Social Marketplace,” 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 through the process of strategically rolling up companies that will result in immediate and significant 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 through these 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/
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Social Life Network, Inc.