Company: IDVV
Filing Date: 2025-05-30
Form Type: 10-12G
Source: 0001683168-25-004098
Chunk: 35

Company: ModuLink Inc.
Filing Date: 2025-05-30
Form: 10-12G
Chunk 35
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 health, contracts, tort, and intellectual property.
We may also become subject to PRC foreign exchange controls, which could affect our ability to convert foreign currency into Renminbi,
pursue acquisitions of PRC companies, establish or maintain variable interest entities (VIEs) in the PRC, or repatriate dividends or other
payments from any future wholly foreign-owned enterprises (WFOEs) in the PRC. Although no such changes have been imposed to date, any
shift in the regulatory landscape could introduce uncertainties for our business and future plans.

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Building Services Regulations

We are subject to numerous
local, state, federal, and other statutes, ordinances, rules, and regulations concerning zoning, development, building design, construction,
and similar matters which impose restrictive zoning and density requirements in order to limit the number of homes that can eventually
be built within the boundaries of a particular area. Projects that are not entitled may be subject to periodic delays, changes in use,
less intensive development, or elimination of development in certain specific areas due to government regulations. We may also be subject
to periodic delays or may be precluded entirely from developing in certain communities due to building moratoriums or “slow-growth”
or “no-growth” initiatives that could be implemented in the future. Local and state governments also have broad discretion
regarding the imposition of development fees for projects in their jurisdiction. Projects for which we have received land use and development
entitlements or approvals may still require a variety of other governmental approvals and permits during the development process and can
also be impacted adversely by unforeseen health, safety, and welfare issues, which can further delay these projects or prevent their development.

We are also subject to a variety
of local, state, federal, and other statutes, ordinances, rules, and regulations concerning the environment. The particular environmental
laws which apply to any given construction site vary according to the site’s location, its environmental conditions, and the present
and former uses of the site, as well as adjoining properties. Environmental laws and conditions may result in delays, may cause us to
incur substantial compliance and other costs, and can prohibit or severely restrict homebuilding activity in environmentally sensitive
regions or areas. From time to time, the Environmental Protection Agency (the “EPA”) and similar federal or state agencies
review homebuilders’ compliance with environmental laws and may levy fines and penalties for failure to strictly comply with applicable
environmental laws or impose additional requirements for future compliance as