Company: IDVV
Filing Date: 2025-09-18
Form Type: 10-12G/A
Source: 0001683168-25-007099
Chunk: 19

Company: ModuLink Inc.
Filing Date: 2025-09-18
Form: 10-12G/A
Chunk 19
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 principal amounts of $65,000 and $75,000, respectively on January 30, 2025. The notes are convertible
into shares of the Company’s common stock in accordance with the terms set forth therein. On February 28, 2025, Zenith (HK) waived
all rights to convert the outstanding principal amount and any accrued but unpaid interest under the two convertible promissory notes
into equity securities of the Company.

The Company, Mr. Valdez, ModuLink
BVI and Zenith (HK) further agreed that the parties intend to transfer ownership of Witech to Mr. Valdez or its designees as part of the
sale of the Preferred A shares. The transfer has been completed on May 1, 2025.

The foregoing descriptions
of the Stock Purchase Agreement, each of the promissory notes transferred to Zenith (HK), and the Waiver and Amendment Agreement of promissory
notes are qualified in their entirety by reference to the Stock Purchase Agreement, which is filed as Exhibits 10.1 through and including
10.5 to this Registration Statement and are incorporated herein by reference.

Immediately prior to the closing
of the transactions contemplated in the Stock Purchase Agreement, the Company amended and restated its Articles of Incorporation to amend
the rights, powers and designations of the Series A Convertible Preferred Stock so that each holder of Preferred A shares is entitled
to vote together with holders of the common stock with each one Preferred A share voting as twenty thousand shares of common stock, representing
an increase from the prior voting ratio of one to ten thousand. Similarly, each one share of Preferred A became convertible into twenty
thousand shares of common stock, representing an increase from the prior conversion ratio of one to ten thousand. The Company also confirmed
the Company’s prior cancellation of the Series B Preferred Stock.

Acquisition of ModuLink Investment Limited, our property development business adopting modular construction technology

On March 28, 2025, the Company
entered into a Share Exchange Agreement (the “Share Exchange”) of all the issued and outstanding shares with the shareholders
of ModuLink Investment Limited (hereafter referred to as, ModuLink), a British Virgin Islands limited liability company. ModuLink and
its subsidiaries engage in the property development industry adopting modular construction technology by leveraging Modular Integrated
Construction (MiC), Atmospheric Water Generators (AWG), and Internet of Things (IoT) technology enhanced by AI to redefine property development.