Company: IDVV
Filing Date: 2025-07-03
Form Type: 10-12G/A
Source: 0001683168-25-004925
Chunk: 6

Company: ModuLink Inc.
Filing Date: 2025-07-03
Form: 10-12G/A
Chunk 6
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 December 16, 2021, the Public Company Accounting Oversight Board (PCAOB) issued its report notifying
the Commission that it is unable to inspect or investigate completely accounting firms headquartered in mainland China or Hong Kong due
to positions taken by authorities in mainland China and Hong Kong. On December 15, 2022, the PCAOB issued a report that vacated its December
16, 2021 determination and removed mainland China and Hong Kong from the list of jurisdictions where it is unable to inspect
or investigate completely registered public accounting firms. Our auditor is based in Hong Kong and is subject to PCAOB inspection. It
is not subject to the determinations announced by the PCAOB on December 16, 2021. Each year, the PCAOB will determine whether it can inspect
and investigate completely audit firms in mainland China and Hong Kong, among other jurisdictions. If PCAOB determines in the
future that it no longer has full access to inspect and investigate completely accounting firms in mainland China
and Hong Kong and we continue to use an accounting firm headquartered in Hong Kong to issue
an audit report on our financial statements filed with the Securities and Exchange Commission, we would be identified as a Commission-Identified
Issuer following the filing of the annual report on Form 10-K for the relevant fiscal year. There can be no assurance that we would not
be identified as a Commission-Identified Issuer for any future fiscal year, and if we were so identified for two consecutive years, we
would become subject to the prohibition on trading under the HFCAA and our securities may be delisted from OTC Markets as a
result. Furthermore, due to the recent developments in connection with the implementation of the Holding Foreign Companies Accountable
Act, we cannot assure you whether the SEC or other regulatory authorities would apply additional and more stringent criteria to us after
considering the effectiveness of our auditor’s audit procedures and quality control procedures, adequacy of personnel and training,
or sufficiency of resources, geographic reach or experience as it relates to the audit of our financial statements. Please see “Risk Factors- The Holding Foreign Companies Accountable Act requires the Public Company Accounting Oversight Board (PCAOB) to be permitted to inspect the issuer's public accounting firm within three years. This three-year period will be shortened to two years if the Accelerating Holding Foreign Companies Accountable Act is enacted. There are uncertainties under the PRC Securities Law relating to the procedures and requisite timing for the U.S. securities regulatory agencies to conduct investigations