Company: INVUP
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001493152-25-022223
Chunk: 92

Company: Investview, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 92
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 or about August 17, 2021, having resulted in the public
offer and sale of 252,192 Units.

As
of September 30, 2025, and December 31, 2024, we had 252,192 shares of preferred stock issued and outstanding.

Preferred
Stock Dividends

During
the nine months ended September 30, 2025, we declared $614,505 of cumulative cash dividends due to the holders of our Series B Preferred
Stock. We made payments of $499,275 in cash and issued $121,200 worth of digital assets to reduce the amounts owing. As of September
30, 2025 and December 31, 2024, the dividend liability on our balance sheets was $239,131 and $245,101, respectively.

During
the nine months ended September 30, 2024, we declared $614,505 for cumulative cash dividends due to the shareholders of our Series B
Preferred Stock. We made payments of $497,266 in cash and issued $122,726 worth of digital assets to reduce the amounts owing.

Common
Stock Transactions

On
March 6, 2025, the Board of Directors authorized a stock repurchase program that will allow the Company to repurchase up to $1,000,000
in aggregate value of shares of the Company’s common stock, through March 6, 2026. During the nine months ended September 30, 2025,
8,501,503 shares have been repurchased for $137,261. These shares are being held by the Company in Treasury.

During
the nine months ended September 30, 2024, we repurchased 472,374,710 shares from two of the original founders of the Company and a series
of their family members and related entities in exchange for cash of $446,391 and payables of $3,124,755 (see NOTE 6). Also, during the
nine months ended September 30, 2024, we cancelled 1,750,000 shares that had been issued but were forfeited by choice. As of the date
of this filing, the forfeited shares had been returned and cancelled. All forfeited shares have been deemed cancelled as of September
30, 2024 and as a result, we decreased common stock by $1,750 and increased additional paid in capital by the same. The forfeiture also
resulted in the reversal of previously recorded expense resulting in