Company: INVUP
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001493152-25-011912
Chunk: 42

Company: Investview, Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 42
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5; while other valuation methodologies,
not bound by financial reporting codifications, would possibly determine that the blockage discount associated with the resale of 565
million shares after the expiration of the lock-up period, into a marketplace that has limited market liquidity, could possibly have
a material downward influence on the valuation.

NOTE
11 – COMMITMENTS AND CONTINGENCIES

Litigation
and Legal Proceedings 

In
the ordinary course of business, we may be, or have been, involved in material third-party litigation and other legal proceedings and
administrative actions, or exposed to material contingencies or commitments in the course of our business, as described below.

Settlement
of SEC Inquiry 

On
November 9, 2021, the Company received a subpoena from the United States Securities and Exchange Commission (“SEC”) for the
production of documents. In the subpoena, the SEC advised that the inquiry did not mean that the SEC concluded that the Company or anyone
affiliated with the Company had violated the federal securities laws or any other law. However, in the course of communications with
the SEC throughout the inquiry, the Company came to believe that the focus of the SEC’s inquiry involved whether the offer and
sale of the Company’s now discontinued Apex sale and leaseback program violated certain federal securities laws. Following a several
year review process in which the Company cooperated fully with the SEC, on January 17, 2025, a settlement was reached with the SEC to
resolve the inquiry. As part of the settlement, the Company entered into a formal SEC Order for which it neither admitted nor denied
the factual and legal conclusions asserted, but paid a civil monetary penalty of $375,000 to conclude the inquiry. The Company considers
this matter to be closed.

    24

INVESTVIEW, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

AS OF JUNE 30, 2025

(Unaudited)

Exposure
to potential claims arising from third-party financial protection plan

Historically,
through our wholly-owned subsidiaries Apex Tek, LLC (“Apex”) and SAFETek, LLC, we sold high powered data processing equipment,
known as the Apex package, to our customers which was then leased back to us for use in our crypto mining operations. We discontinued
sales of the Apex package in June 2020, principally when COVID-19 created certain supply chain-related limitations on that business.
Confronted with these limitations in the business, we offered the holders