Company: INVUP
Filing Date: 2025-03-28
Form Type: 8-K
Source: 0001641172-25-001087
Chunk: 1

Company: Investview, Inc.
Filing Date: 2025-03-28
Form: 8-K
Item: Item 8.01
Chunk 1
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 any pay-outs needed to satisfy
their obligations under the TPP Program. Prior to terminating the distribution of ndau in August 2023, we distributed over $16.6 million
in ndau to our members purportedly supported by the TPP Program. As in the same case as had been done with respect to the Apex Program
customers, TPP was paid substantial premiums for the program, and those premiums were included in the purchase price for the ndau
program, at no additional cost to the customer.

Background
and Commencement of Litigation

During
the fourth calendar quarter of 2021, the Company suspended any further offering of the TPP Program in connection with the sale of ndau
after TPP was unable to comply with the Company’s vendor compliance protocols. That suspension remains in place as of the date
of this Current Report on Form 8-K as the Company has been unable to further validate the performance of TPP, the continued integrity
of the TPP Program, and TPP’s ability to honor its commitments to the Company’s customers; despite the payment of over $6
million to TPP to secure the benefits of the TPP Program.

The
Litigation was commenced by the Company as it seeks to clarify the rights of its customers and compel TPP to fulfill its obligations
under the TPP Program; particularly, as such a large payment was given to TPP to secure the benefits of the TPP Program. The Company
was motivated to commence this action as it has recently become concerned about the integrity of the TPP Program given that it has recently
been informed by certain of its customers that: (i) they have been unable to reach TPP in order to process claims for their 5-year promised
returns; (ii) the TPP website has been inoperative and customers have been unable to process their claims; and (iii) an email communication
purportedly from TPP, or an affiliate thereof, has been received by certain customers in which the sender asserts that the obligations
of TPP under the TPP Program were (unbeknownst to the Company and its customers) purportedly dependent on the financial wherewithal of
another heretofore undisclosed TPP affiliate, that the email claims now has no ability to satisfy the commitments originally made under
the TPP Program.

Cautionary
Note Regarding Forward-Looking Statements

All
statements in this report on Form 8-K that are not based on historical fact are “forward-looking statements” within the meaning
of Section 27A of the Securities Act of 1933