Company: INVUP
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001641172-25-001193
Chunk: 1222

Company: Investview, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1A
Chunk 1222
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 Despite our best efforts, there can be no assurance that
we will be able to achieve these objectives on a timely basis, if at all, as the development of an early-stage securities brokerage business
involves inherent regulatory and operational risks and uncertainties.

8

Our
business remains heavily impacted by interested party transactions with certain of our officers and directors.

Prior
to 2022, the Company had engaged in a series of interested party transactions with its former directors and officers, Mario Romano and
Annette Raynor. Those transactions were terminated in conjunction with a January 6, 2022, Separation and Release Agreement by which Mr.
Romano and Ms. Raynor resigned their positions as officers and directors of the Company and surrendered 150,000,000 shares of our common
stock. Subsequently, on September 9, 2023, we closed on the purchase in a private transaction of an aggregate of 302,919,223 shares of
the Company’s common stock from sellers consisting of Mario Romano, Annette Raynor, and a series of their family members and related
entities. These shares were purchased for aggregate consideration of $2,922,380, representing a price of $0.00964739 per share, with
one-eighth of the purchase price paid on or about the closing, with the balance payable in a series of equal quarterly payments over
seven (7) consecutive quarters thereafter.

During
September 2021, we acquired, among other assets, a proprietary algorithmic trading platform from MPower, a business controlled by two
members of our Board of Directors. The assets of MPower were acquired in consideration of the issuance of Class B Redeemable Units consisting
of non-voting membership interests in our wholly owned subsidiary IFGH that are in the future redeemable for 565,000,000 Company common
shares, presently representing over 23% of the Company’s current fully-diluted shares. To date, we have been unable to monetize
on the assets we purchased from MPower.

Further,
by virtue of an April 27, 2020 convertible note financing arrangement we have with DBR Capital, LLC (“DBR Capital”) (see
“ITEM 13. Certain Relationships and Related Transactions, and Director Independence”), an affiliate of our Chairman, David
B. Rothrock, we borrowed the principal amount of $3,300,000 under an aggregate of three convertible promissory notes that bear rates
of interest between 20.