Company: IDVV
Filing Date: 2025-05-30
Form Type: 10-12G
Source: 0001683168-25-004098
Chunk: 181

Company: ModuLink Inc.
Filing Date: 2025-05-30
Form: 10-12G
Chunk 181
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 FORMA CONDENSED COMBINED FINANCIAL INFORMATION

Notes to Unaudited Pro Forma Condensed Combined Financial Statements</div>

2. Accounting Policies

Upon
consummation of the share exchange transaction, management will perform a comprehensive review of the two entities’ accounting policies.
As a result of the review, management may identify differences between the accounting policies of the two entities which, when conformed,
could have a material impact on the financial statements of the post-acquisition company. Based on its initial analysis, management had
not identified material differences that would have an impact on the unaudited pro forma condensed combined financial information.

3. Adjustments to Unaudited Pro Forma Condensed Combined Financial Information

The
unaudited pro forma condensed combined financial information has been prepared to illustrate the effect of the share exchange and has
been prepared for informational purposes only.

The
historical financial statements have been adjusted in the unaudited pro forma condensed combined financial information to give pro forma
effect to events that are (1) directly attributable to the share exchange, (2) factually supportable, and (3) with respect
to the statements of operations, expected to have a continuing impact on the results of the post-acquisition company. ModuLink BVI and
IDVV had a historical relationship prior to the share exchange. Accordingly, pro forma adjustments were required to eliminate activities
between the companies.

The
pro forma basic and diluted earnings per share amounts presented in the unaudited pro forma condensed combined statements of operations
are based upon the number of the post-acquisition company’s shares outstanding, assuming the share exchange occurred on 1 January,
2025.

Adjustments to Unaudited Pro Forma Condensed Combined Balance Sheet

The
adjustments included in the unaudited pro forma condensed combined balance sheet as of March 31, 2025 are as follows:

| A | Reflects the disposal of the Witech business to Raymond Valdez,                                           
 the former Chief Executive Officer and Director of the Company, on May 1, 2025.                           |
|:--|:----------------------------------------------------------------------------------------------------------|
| B | Reflects                                                                                                  
 the elimination of inter-company balances.                                                                |
| C | Represents the issuance of 2,356,712,066 shares of the Company’s                                          
 common stock, par value $0.001, at a per share price of $0.0034 and reverse recapitalization adjustments. |

Adjustments to Unaudited Pro