Company: AGGI
Filing Date: 2025-10-31
Form Type: 10-12G
Source: 0001683168-25-007875
Chunk: 38

Company: Allied Energy, Inc.
Filing Date: 2025-10-31
Form: 10-12G
Chunk 38
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 States
(“GAAP”) on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities and commitments
in the normal course of business. During the year ended December 31, 2024, the Company has incurred net losses of $495,281, accumulated
deficits of $3,464,472, and used cash in operations of $462,747. These conditions raise substantial doubt about the Company’s ability
to continue as a going concern. Our current operations have been funded entirely from capital raised from our private offering of securities
as well as additional funding received through stock issuances. We are entirely dependent on our ability to attract and receive additional
funding from either the sale of securities or outside sources such as private investment or a strategic partner. We currently have no
firm agreements or arrangements with respect to any such financing and there can be no assurance that any needed funds will be available
to us on acceptable terms or at all. The inability to obtain sufficient funding of our operations in the future will restrict our ability
to grow and reduce our ability to continue to conduct business operations. Our failure to raise additional funds will adversely affect
our business operations, and may require us to suspend our operations, which in turn may result in a loss to the purchasers of our common
stock. If we are unable to obtain necessary financing, we will likely be required to curtail our development plans which could cause
us to become dormant. Any additional equity financing may involve substantial dilution to our then existing stockholders.

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The Company’s
ability to continue as a going concern is dependent on its ability to achieve profitable operations and to generate sufficient cash flow
from financing and operations to meet its obligations as they become payable. Management may seek additional capital through a private
placement and public offering of its common stock. Although there are no assurances that management’s plans will be realized, management
believes that the Company will be able to continue operations in the future.

Critical Accounting Policies

This discussion
and analysis of our financial condition and results of operations is based on our consolidated financial statements, which have been
prepared under accounting principles generally accepted in the United States of America (“US GAAP”). The preparation of financial
statements in conformity with US GAAP requires our management to make estimates and assumptions that affect the reported values of assets
and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported levels
of revenue and expenses during the reporting period. Actual