Company: SUND
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001493152-25-022380
Chunk: 15

Company: Sundance Strategies, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 15
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579,754 were held by Radiant Life, LLC, and 776,000 were held by the Chairman of the Board, each with an exercise price
of $0.05 per share, and expired on their respective maturity dates.

Between
October 6 and October 28, 2025, subsequent to period end, an additional $120,000 was borrowed on the unsecured promissory note with a
shareholder which was originally executed September 30, 2025 (see Note 4).

12

Item
2. Management’s Discussions and Analysis of Financial Condition and Results of Operations.

Forward-looking
Statements

This
quarterly report on Form 10-Q contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) that are based on management’s
beliefs and assumptions and on information currently available to management. For this purpose, any statement contained in this report
that is not a statement of historical fact may be deemed to be forward-looking, including, but not limited to, statements relating to
our future actions, intentions, plans, strategies, objectives, results of operations, cash flows and the adequacy of or need to seek
additional capital resources and liquidity. Without limiting the foregoing, words such as “may”, “should”,
“expect”, “project”, “plan”, “anticipate”, “believe”,
“estimate”, “intend”, “budget”, “forecast”, “predict”,
“potential”, “continue”, “should”, “could”, “will”
or comparable terminology or the negative of such terms are intended to identify forward-looking statements, however, the absence of
these words does not necessarily mean that a statement is not forward-looking. These statements by their nature involve known and unknown
risks and uncertainties and other factors that may cause actual results and outcomes to differ materially depending on a variety of factors,
many of which are not within our control. Such factors include, but are not limited to, economic conditions generally and in the industry
in which we and our customers participate; competition within our industry; legislative requirements or changes which could render our
products or services less competitive or obsolete; our failure to successfully develop new products and/or services or to anticipate
current or prospective customers’ needs; price increases; employee limitations; or delays, reductions, or cancellations of contracts