Company: RIVF
Filing Date: 2025-10-15
Form Type: 10-K
Source: 0001493152-25-018109
Chunk: 444

Company: Rivulet Entertainment, Inc.
Filing Date: 2025-10-15
Form: 10-K
Item: Item 7A
Chunk 444
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,000, respectively.

The
Company has evaluated its income tax positions and has determined that it does not have any uncertain tax positions. The Company will
recognize interest and penalties related to any uncertain tax positions through its income tax expense.

    F-15

NOTE
7 – NOTES PAYABLE AND RELATED PARTY LOANS

The
Company enters into loan agreements with both related and non-related parties in order to fund their ongoing film production activities.
To that extent, the Company had the following outstanding debt as of June 30, 2025 and June 30, 2024:

 SCHEDULE OF NOTES PAYABLE AND RELATED PARTY LOAN

    2025  
    2024 

    As
    of June 30, 

    2025  
    2024 
  
    Current
    notes payable; Issued December 2023-January 2024; 15% stated interest rate; Due April 1, 2024 - in default 
    $190,000  
    $4,140,000 
  
    Current
    notes payable; Issued July 2024-September 2024; 10% stated interest rate; Due March 28, 2025 - in default 
     13,493  
     - 
  
    Current
    loan payable; Issued October 2024; 6.5% average interest rate; Due October 2025; net of deferred financing costs 
     3,417,593  
     - 
  
    Current
    notes payable; Issued September 2024; 20% stated interest rates; Due upon the earlier of a sale of a film or closing of a senior
    debt facility - in default 
     150,000  
     - 
  
    Current
    notes payable; Issued June 2023-May 2024; 15% stated interest rate; Due February 1, 2026 
     1,255,000  
     1,330,000 
  
    Current
    notes payable; Issued October 2024-December 2024; 10% stated interest rate; Due January 25, 2026 
     9,708,656  
     - 
  
    Any and
    all sums due shall be due on or before August 24, 2025 or extended as stated 
     300,000