Company: KWIK
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001683168-25-002055
Chunk: 127

Company: KwikClick, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 127
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 promote a product or refer others to purchase a product. With
no conditions such as follower size, invitation, or negotiation, any consumers or influencers who open a KWIKClick account and become
users or affiliates, may receive a cash-back reward, paid from the Brand’s incentive budget administered by KWIKClick, for all purchases
they make, and can immediately share their own automatically encoded link, associated with the product they purchased, to other consumers.
Shared links that lead to a purchase and/or repurchases result in commission payments which are electronically paid to the referrer. When
the Brand is paid for the consumer purchases through the KWIKClick platform, the Brand’s incentive budget is paid to KWIKClick.
KWIKClick receives the entire incentive budget as revenue for generating the sales through its platform and recognizes cost of sales upon
calculation and payment of the commissions paid to the wave of affiliates.  

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The essential driver of sales activity on the platform
by sellers and buyers is the free-use mobile application which has the potential to turn all social media activity into a product solicitation
on behalf of sellers in an unobtrusive manner. Furthermore, the software automates person-to-person requests for recommendations
by simply sharing a link to any mobile device. Much like a “pin” can be sent to share locations, the encoded link provides
to the requestor a way to instantly purchase the goods or services of interest. Traditionally on other platforms, and based on the reach
of a contracted influencer, compensation may include only a single commission paid for an initial purchase attributable to the influencer.
Unique to KWIKClick, the affiliate commission program is not limited to a single purchase produced by an influencer. Furthermore, no contract
is needed between the influencer and the seller. The KWIKClick software passively identifies the participant in the campaign who made
the referral, and the corresponding individual who made the purchase. A commission is paid to the influencer each and every time a purchase
is made by a particular consumer.

The process of listing items for sale by a seller
is referred to as a campaign. Influencers or participants with ANY number of friends or followers, can join a campaign by promoting items
through social media with an encoded link within the posted photo or video, or by sample sharing an encoded link to a mobile device when
they are asked for a recommendation. The potential number of campaigns that can be created by sellers are virtually unlimited due to the
number of goods or