Company: INVUP
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001641172-25-001193
Chunk: 1903

Company: Investview, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 5
Chunk 1903
---

to experience some of the growth we expect from our health and wellness business unit, we may start to experience revenue growth that
was not available during 2024, although we do not expect that these possible lines of growth will in the short-term suffice to offset
the contraction in revenue we experience during 2024. We have otherwise sought to identify in our Risk factors discussion and elsewhere
in this Annual Report on Form 10-K, what we believe to be the most significant risks to our business, but we cannot predict whether, or
to what extent, any of such risks may be realized nor can we guarantee that we have identified all possible risks that might arise. Investors
should carefully consider all such risk factors before making an investment decision with respect to our common stock.

28

Commitments
and Contingencies

Related Party Debt

At
December 31, 2024, we had related party debt of approximately $2.7 million and debt of approximately $520 thousand.

Third-Party Vendor Buy-Back Program

Included
in the Apex sale and leaseback program that was discontinued in 2021, was a “guaranteed assets buy-back product”
underwritten, administered and managed by a third-party provider, Total Protection Plus (“TPP”), which was intended to
provide customers who participated in the Apex sale and leaseback program with a financial protection program (the “TPP
Program”), under which customers, provided they complied with certain TPP required claims procedures, could elect to collect a
cash payout in either a five-or-ten year interval after their initial purchase. As part of their sales and marketing materials, TPP
represented that they were a purported affiliate of a well-known global insurance brokerage firm that had sufficient capital
resources, reserves and liquidity to support any payouts needed to satisfy their obligations under the TPP Program. TPP was paid
substantial premiums for the program. In most instances, the premium for the TPP program was included in the package price for the
Apex program, at no additional cost to the customer.

Separately,
iGenius members who purchased ndau from the Company through an Oneiro sponsored ndau distribution program, were also given the
opportunity to participate in a TPP Program similar to the program offered to our Apex customers; which in this case was intended to
provide customers who purchased ndau with a financial protection program under which such customers, provided they complied with
certain TPP required claims procedures, could elect to collect a cash payout in either a five- or