Company: RHNO
Filing Date: 2025-11-13
Form Type: 10-K
Source: 0001493152-25-022052
Chunk: 102

Company: RHINO BITCOIN INC.
Filing Date: 2025-11-13
Form: 10-K
Item: Item 1A
Chunk 102
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 Jye & Co submitted on behalf of PGESB a written response to the court, seeking to set aside the judgment
and initiate another round of case management. Additionally, on April 25, 2024, the solicitor delivered on-behalf PGESB a letter to
LHSB’s solicitor, proposing a settlement of MYR90,000.00 (“Proposed Settlement”). As of June 12, PGESB are still awaiting
response from LHSB.

In
the event that LHSB reject the Proposed Settlement, both parties are required to serve Written Submission and Reply Submission by June
21, 2024 and July 5, 2024, respectively. A judgement are scheduled on July 24, 2024, which could be withdrawn with the acceptance of
Proposed Settlement by LHSB prior to the date.

On
August 27, 2024, LHSB’s solicitor, on behalf of LHSB, confirmed acceptance of the proposed settlement, with payment due on or before
September 6, 2024. PGESB made full payment of the proposed settlement on September 4, 2024. On September 6, 2024, the court was issued
the notice of discontinuance.

12.
OTHER PAYABLES AND ACCRUED LIABILITIES

Other
payables and accrued liabilities consisted of the following at July 31, 2025 and July 31, 2024:

SCHEDULE OF OTHER PAYABLES AND ACCRUED LIABILITIES

    As of  July 31, 2025 (Audited)  
    As of  July 31, 2024 (Audited) 
  
    Accrued audit fees 
    $18,000  
    $16,859 
  
    Other payable and accrued liabilities 
     59,489  
     17,527 
  
    Total other payables and accrued liabilities 
    $77,489  
    $34,386 

13.
REVENUE

For
the years ended July 31, 2025 and July 31, 2024, the Company has revenue arise from the following:

SCHEDULE OF REVENUE

    For the year ended July 31, 2025 (Audited)  
    For the year ended July 31, 2024 (Audited) 
  
    Installation service 
    $478,159  
    $1