Company: INVUP
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001641172-25-001193
Chunk: 1235

Company: Investview, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1A
Chunk 1235
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 benefits
provided through third party partnerships and affinity arrangements, including products and services provided by third party investment
professionals and access to a proprietary digital currency called “ndau” (which was discontinued during August 2023). We
cannot ensure that such third-party providers will comply with their contractual requirements to our members or with applicable laws,
rules, and regulations. Any significant failures by them could cause us to incur losses and could harm our reputation.

Our
business could be negatively affected by claims related to a financial product underwritten, administered and managed by a third-party
provider, Total Protection Plus.

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 ten-year interval after their
initial purchase. Participation in this program was also in reliance on sales and marketing materials by which 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 pay-outs needed to satisfy their obligations under the TPP Program. Prior to terminating the distribution
of ndau during August 2023, we distributed over $16.6