Company: GVSE
Filing Date: 2025-07-16
Form Type: S-1/A
Source: 0001641172-25-019925
Chunk: 37

Company: Gameverse Interactive Corp
Filing Date: 2025-07-16
Form: S-1/A
Chunk 37
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 which there
can be no guarantee. These factors raise substantial doubt about our ability to continue as a going concern.

To fund our operations for at least the next twelve
months, we anticipate that we need approximately $1.3 million. With the Company’s available cash at March 31, 2025 of $1,159,783
the Company anticipates that it can conduct planned operations for approximately eleven months without raising additional funds. The
anticipated net proceeds from this offering will provide further runway for the Company to fully launch, market and grow the TruWorlds
platform, which may also include ramping up our development efforts to accelerate the timing of our initiatives.

Critical Accounting Policies

In Footnote 2 of our Audited Financial Statements
for the years ended December 31, 2024, and 2023, found elsewhere in this filing, we include a discussion of the most critical accounting
policies used in the preparation of our financial statements. There has been no material change in the policies and estimates used in
the preparation of our financial statements since the completion of the 2024 and 2023 audits.

Off-Balance Sheet Arrangements

We do not have any off-balance sheet arrangements
as such term is defined in Item 303(a)(4) of Regulation S-K.

Financial operations overview

Revenue

We have not generated any revenue through March
31, 2025 and we currently do anticipate generating any meaningful revenue from our services related to the launch of our TruWorlds
platform and sale of our TruCoins tokens until at least 2026.

Operating Expenses

To date, the majority of our operating expenses relate
to salaries and wages as well as contract services related to: technology evaluation, creation, and programming of the TruWorlds platform,
capital raising and business development. These activities and related expenditures have been recorded and reported as Operating
Expenses in our Financial Statements.We anticipate that our operating expenses will increase in the future to support our
launch of the TruWorlds platform, and the increased costs of operating as a public company. These increases will likely include increased
costs related to the hiring of additional personnel and fees for outside consultants, lawyers, and accountants, and expenses related
to maintaining compliance with exchange listing and Securities and Exchange Commission requirements, insurance, and investor relations
costs.

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<div align='center'>BUSINESS</div>

Overview

The story of Gameverse Interactive began in 2022 when our founders