Company: IDVV
Filing Date: 2025-08-12
Form Type: 10-12G/A
Source: 0001683168-25-005941
Chunk: 53

Company: ModuLink Inc.
Filing Date: 2025-08-12
Form: 10-12G/A
Chunk 53
---
 to finance such future cash needs through public or private equity
offerings, debt financings, corporate collaboration arrangements, or project financing from financial institutions. However, outside financing
may be unavailable because of tight or volatile capital or financial market conditions may hinder our ability to obtain external financing,
costly and / or considerably dilute stockholders. We cannot be certain that additional funding will be available on acceptable terms,
or at all. If adequate funds are not available, we may be required to delay, reduce the scope of or eliminate one or more of our property
development projects.

Raising additional capital may cause a dilution of ownership interests to our existing stockholders or restrict our operations.

Until such time, if ever,
as we can generate substantial revenue, we expect to finance our cash needs through a combination of equity offerings, debt financings,
and development agreements in connection with any collaborations. To the extent that we raise additional capital through the sale of equity
or convertible debt securities, your ownership interest will be diluted, and the terms of these securities may include liquidation or
other preferences that adversely affect your rights as a stockholder. Debt financing and preferred equity financing, if available, may
involve agreements that include covenants limiting or restricting our ability to take specific actions, such as incurring additional debt,
making capital expenditures or declaring dividends.

If we are unable to raise
additional funds through equity or debt financings when needed, we may be required to delay, limit, reduce or terminate our property development
projects in our target markets.

We are indebted to Zenith (HK), a customer that accounted for approximately 72% of our revenues for the year ended December 31, 2024, in the approximate amount of US$124,549 as of March 31, 2025.

Pursuant to the Stock Purchase
Agreement dated January 22, 2025, the two convertible promissory notes were purchased and assigned to Zenith (HK) on January 30, 2025.
On February 28, 2025, Zenith (HK) waived all rights to convert the outstanding principal amount and any accrued but unpaid interest under
the two convertible promissory notes into equity securities of the Company. We owe approximately $124,549 pursuant to such notes. Both
notes have already become due and payable. We do not expect to generate sufficient cash flow to repay these notes within the next twenty-four
months. There is no assurance that we can generate sufficient cash flow to repay