Company: SUND
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001641172-25-017143
Chunk: 13

Company: Sundance Strategies, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 1
Chunk 13
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 result of the Dodd-Frank Act could have an adverse impact on us
and the entities from which we may acquire NIBs and similar life settlement products.

10

General
economic conditions could have an adverse effect on our business.

Changes
in general economic conditions, including, for example, interest rates, investor sentiment, market and regulatory changes specifically
affecting the insurance industry, competition, technological developments, political and diplomatic events, tax laws, and other factors
not known to us today, can substantially and adversely affect our business and prospects. There continues to be uncertainty about the
prospects for growth in the U.S. economy as well as economies of other countries, driven by factors such as high current unemployment,
rising government debt levels, prospective Federal Reserve (and similar foreign bodies) policy shifts, the withdrawal of government interventions
in financial markets, changing consumer spending patterns, and changing expectations for inflation and deflation. These factors have
adversely affected the financial markets and the claims-paying ability of many insurers. Such uncertainties and general economic trends
can affect the ability to obtain funds to finance life settlement products. None of these risks are or will be within our control.

The
costs in time and expense of being a publicly-held company are substantial and will only increase if our business model is successful.

We
are required to file annual reports on Form 10-K, quarterly reports on Form 10-Q and current reports respecting certain events on Form
8-K, along with proxy or information statements for any meeting of stockholders or written consents of stockholders holding sufficient
securities to effect corporate actions. Most of these reports require generating and compiling significant accounting, legal and financial
information, including audited year-end financial statements and reviewed quarterly financial statements. The preparation of these reports,
their review by management and professionals and the auditing and review process of such financial statements consumes significant resources,
in terms of management time and focus, as well as expenses related to legal, accounting and audit fees. It is difficult to quantify these
costs, but we believe them to be not less than between approximately $175,000 and $250,000 annually. As our business grows, these costs
can only increase.

We
are new to the bond, life settlement, and financial advisory industry and may not be able to successfully compete in this industry.

We
only recently began providing advisory services relating to bond issuances and life settlement transactions. In order for these operations
to be successful, we will need to develop sufficient expertise