The Awareness Group LLC entered into a letter of intent to acquire APPlife Digital Solutions, Inc. (OTCPK:ALDS) in a reverse merger transaction on November 28, 2023. As of February 27, 2024, APPlife Digital and The Awareness Group agreed on the final terms for the acquisition and partnership and are working with respective legal counsel towards a final executable agreement. Under the final terms TAG will become a wholly-owned subsidiary of APPlife.

TAG?s shareholders will initially own approximately 50.1% of APPlife?s outstanding common shares, with the ability to increase to a 90% supermajority based on meeting certain performance objectives1. The acquisition transaction is structured to catalyze TAG's growth to benefit all ALDS stockholders. TAG will operate freely (subject to applicable legal and regulatory requirements) with its own board of directors and highly experienced executive team to position it to achieve the highest possible growth.

ALDS has a $10 million Equity Line of Credit (ELOC) from which TAG is to receive up to $4.9 million of growth capital and ALDS is to receive up to $5.1 million of the proceeds. The performance objectives for TAG in order for TAG?s shareholders to receive a 90% supermajority ownership and to have the right to elect APPlife?s board of directors and executive team to assume decision-making control of ALDS, and to cause APPlife to transfer the legacy assets and operations of APPLife to a private entity are as; TAG achieves $35 million in audited revenue, filed with the SEC; APPlife receives $5.1 million through proceeds of the ELOC or from another source arranged by TAG, or a combination thereof; and ALDS legacy shareholders will maintain no less than 10% of APPLife through an uplisting to a national exchange. The Awareness Group becoming publicly listed on the OTCQB under the ALDS ticker.

The Awareness Group (TAG) will appoint a majority of the board of directors and shall have sole approval over TAG operations and APPlife Digital Solutions (ALDS) board of directors shall have sole approval over ALDS operations. TAG and ALDS management will each continue to run their respective businesses separately, with current ALDS Chief Executive Officer Matthew Reid and current TAG Chief Executive Officer Pablo Diaz, becoming co-Chief Executive Officer's. ALDS will remain an SEC fully-reporting entity. The transaction is expected to close before December 31, 2023.