Company: AGGI
Filing Date: 2025-10-31
Form Type: 10-12G
Source: 0001683168-25-007875
Chunk: 91

Company: Allied Energy, Inc.
Filing Date: 2025-10-31
Form: 10-12G
Chunk 91
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 per share is calculated by dividing
net income (loss) attributable to common shareholders by the weighted average number of common shares outstanding plus the effect of potentially
dilutive common share equivalents.

Potentially dilutive common share equivalents
consist of Series B Preferred Stock, each share of which is convertible into 150 shares of common stock. For the year ended December 31,
2024, an aggregate of 17,597,767,200 shares issuable upon conversion of Series B Preferred Stock were excluded from the calculation of
diluted earnings (loss) per share as their effect would have been anti-dilutive due to the Company’s net loss.

| F-26 |

Commitments and contingencies

The Company accounts for contingencies in accordance
with ASC 450, Contingencies. The Company accrues estimated losses from loss contingencies by a charge to income when information
available before financial statements are issued or are available to be issued indicates that it is probable that an asset had been impaired,
or a liability had been incurred at the date of the financial statements and the amount of the loss can be reasonably estimated. Legal
expenses associated with the contingency are expensed as incurred. If a loss contingency is not probable or reasonably estimable, disclosure
of the loss contingency is made in the financial statements when it is at least reasonably possible that a material loss could be incurred.

As of both June 30, 2025 and December 31, 2024,
there were no contingent liabilities relating to litigations against the Company.

Recent Accounting Pronouncements

The Company is an “emerging growth company”
(“EGC”) as defined in the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”). Under the JOBS Act, EGC
can delay adopting new or revised accounting standards issued subsequent to the enactment of the JOBS Act until such time as those standards
apply to private companies. The Company does not opt out of extended transition period for complying with any new or revised financial
accounting standards. Therefore, the Company’s financial statements may not be comparable to companies that comply with public company
effective dates.

Other accounting pronouncements that have been
issued or proposed by the FASB or other standards-setting bodies that do not require adoption until a future date are not expected
to have a material impact on the Company’s consolidated financial position and results of operations upon adoption.

NOTE 4 – INTANGIBLE ASSET, NET

The following table summarizes the components