Company: INVUP
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001493152-25-011912
Chunk: 111

Company: Investview, Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 8
Chunk 111
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 wherewithal of another heretofore undisclosed TPP affiliate, that the
email claims now has no ability to satisfy the commitments originally made by TPP.

We cannot ensure that TPP will comply with its contractual commitments
to our customers, in which case these customers may not be able to realize the cash payouts promised by TPP, despite the substantial payments
made to TPP to secure the benefits of the TPP Program. As the direct responsibility for compliance with the TPP Program resides with TPP;
particularly as the program was underwritten, managed and administered by TPP as an independent third-party vendor (and with respect to
ndau, the underlying ndau was developed and marketed by an additional third-party vendor), and in recognition of the customers’
acceptance of their participation in the program, we do not believe that we have any legal responsibility to cover any potential claims
of customers who participated in the TPP Program. There is, however, the risk that any failure of TPP to fulfill its obligations to our
customers could expose us to commercial claims of dissatisfied customers, regardless of the legal foundation associated therewith. The
possible assertion of those claims could have an adverse effect on our business, financial condition, and operating results.

To
respond to our concerns relative to the ability of TPP to satisfy its contractual
commitments, and in an effort to advance the interests of our customers, on March 28, 2025, we commenced an action against TPP , UIU Holdings
LLC, Jason R. Anderson, Jacob S. Anderson, and Schad E. Brannon (collectively, the “Defendants”), in the Court of Chancery
of the State of Delaware captioned Investview et al., v. UIU Holdings, LLC et al., seeking to, among other things, compel the Defendants
to fulfill the commitments that were made to the Company’s customers under the TPP Program. At present, we are in the process of
responding to certain procedural challenges that have been raised by the Defendants in response to the Complaint. To date, the court process
has not yet addressed the substance of our claim. Due to the uncertainties and procedural delays associated with matters of litigation,
and in recognition of the early-stage of the proceedings, we cannot assure that the outcome of the legal proceedings will be consistent
with our objectives.

    25

INVESTVIEW, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

AS OF JUNE 30, 2025

(Unaudited