Company: IDVV
Filing Date: 2025-07-03
Form Type: 10-12G/A
Source: 0001683168-25-004925
Chunk: 156

Company: ModuLink Inc.
Filing Date: 2025-07-03
Form: 10-12G/A
Chunk 156
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 Company has incurred
losses of $283,378 and has net cash used in operating activities of $345,193 for the year ended December 31, 2024. In addition, as at
the reporting date, the Company has accumulated deficit of $2,849,731. These factors raise substantial doubt about the Company’s
ability to continue as a going concern. The Company’s plans regarding those concerns are addressed in the following paragraph.
The accompany consolidated financial statements do not reflect any adjustments that might result from the outcome of these uncertainties.

The Company plans to secure additional funding
to support its current operations, expected future growth and strategic objectives. Management is actively pursuing financing opportunities
through debt and equity transactions, as well as exploring new development projects and accelerating the commercialization of its products.
If successfully executed, these initiatives are expected to generate positive operating cash flows and improve the Company’s financial
position.

Based on management’s best estimates, the
Company believes it has sufficient financial resources to meet its obligations for at least the next twelve months.

| F-22 |

<div align='center'>INTERNATIONAL ENDEAVORS CORPORATION

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023</div>

| NOTE 2 | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |

(A) Basis of Presentation and Preparation

These consolidated financial statements of the
Company have been prepared in conformity with generally accepted accounting principles in the United States of America (“GAAP”)
and are expressed in United States dollars.

(B) Principles of Consolidation

The consolidated financial statements
include the financial statements of International Endeavors Corporation, ModuLink Investment Limited and its subsidiaries and
associated companies for which it is the primary beneficiary. Upon making this determination, the Company is deemed to be the
primary beneficiary of these entities, which are then required to be consolidated for financial reporting purpose. All significant
intercompany transactions and balances have been eliminated upon consolidation.

Transactions involving entities under common control
are accounted for using the merger accounting. The consolidated financial statements of the combining entities are presented as if the
reorganization occurred at the beginning of the earliest reporting period presented. No gain or loss is recognized in the consolidated
financial statements as a result of the reorganization. The historical financial information of all entities under common control is combined
retroactively for all periods presented. The financial statements reflect consistent accounting policies and principles across all entities.

(C) Use of Estimates