Company: LSEB
Filing Date: 2025-07-15
Form Type: 10-K
Source: 0001199835-25-000233
Chunk: 275

Company: LSEB Creative Corp.
Filing Date: 2025-07-15
Form: 10-K
Item: Item 2
Chunk 275
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 $400,000 and a maximum of
$1,000,000 in order to expand the introduction and launch of the www.laurenbentleyswim.com e-commerce site to the retail
community and fashion world. The Company launched the site in October 2023. To achieve our goals the Company expects to commit the majority
of its funding to production of the swimwear lines, and to the advertising of the Company’s web site. There is no assurance that
the company will be able to raise the capital required to complete its goal and objectives and the Company is currently seeking capital
to further its business plan. Any capital raised will be through either a private placement or a convertible debenture and will result
in the issuance of common shares from the Company’s authorized capital. There are no agreements with any parties at this point
in time for additional funding; however, we are in preliminary discussions with various funders in the US. 

We
presently do not have any significant credit available, bank financing or other external sources of liquidity. Due to our operating losses,
our operations have not been a source of liquidity. We will need to obtain additional capital in order to expand operations and become
profitable. In order to obtain capital, we may need to sell additional shares of our common stock or borrow funds from private lenders.
There can be no assurance that we will be successful in obtaining additional funding.

To
the extent that we raise additional capital through the sale of equity or convertible debt securities, the issuance of such securities
may result in dilution to existing stockholders. If additional funds are raised through the issuance of debt securities, these securities
may have rights, preferences and privileges senior to holders of common stock and the terms of such debt could impose restrictions on
our operations. Regardless of whether our cash assets prove to be inadequate to meet our operational needs, we may seek to compensate
providers of services by issuance of stock in lieu of cash, which may also result in dilution to existing shareholders. Even if we are
able to raise the funds required, it is possible that we could incur unexpected costs and expenses, fail to collect significant amounts
owed to us, or experience unexpected cash requirements that would force us to seek alternative financing.

40

No
assurance can be given that sources of financing will be available to us and/or that demand for our equity/debt instruments will be sufficient
to meet our capital needs, or that financing will be available on terms favorable to us. If funding