Company: LAAI
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001683168-25-003680
Chunk: 29

Company: Loan Artificial Intelligence Corp.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 8
Chunk 29
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 to fund the acquisitions. All statements involving our
business plan are forward looking statements and have not been implemented as of this filing.

The Company is moving
in a new direction, statements made relating to our contemplated business combination are forward looking statements and we have no history
of performance. Current management does not have any experience in acquisition of companies but is actively looking for a suitable person
to incorporate into the management team.

 14 

The analysis will be
undertaken by or under the supervision of our management. As of the date of this filing, we have not entered into definitive agreements.
In our continued efforts to analyze potential business plan, we intend to consider the following factors:

·Potential for growth, indicated by anticipated market expansion or new technology;

·Competitive position as compared to other businesses of similar size and experience within our contemplated segment as well as within
the industry as a whole;

·Strength and diversity of management, and the accessibility of required management expertise, personnel, services, professional assistance
and other required items;

·Capital requirements and anticipated availability of required funds, to be provided by the Company or from operations, through the
sale of additional securities or convertible debt, through joint ventures or similar arrangements or from other sources;

·The extent to which the business opportunity can be advanced in our contemplated marketplace; and

·Other relevant factors

In applying the foregoing
criteria, management will attempt to analyze all factors and circumstances and make a determination based upon reasonable investigative
measures and available data. Due to our limited capital available for investigation, we may not discover or adequately evaluate adverse
facts about the opportunity to be acquired. Additionally, we will be competing against other entities that may have greater financial,
technical, and managerial capabilities for identifying and completing our business plan.

We are unable to predict
when we will, if ever, identify and implement a business plan. We anticipate that proposed business plan would be made available to us
through personal contacts of our directors, officers and principal stockholders, professional advisors, broker-dealers, venture capitalists,
members of the financial community and others who may present unsolicited proposals. In certain cases, we may agree to pay a finder’s
fee or to otherwise compensate the persons who introduce the Company to business opportunities in which we participate.

We expect that our due
diligence will encompass, among other things, meetings with incumbent management of the target business and inspection of its facilities,
as necessary, as well as a review of financial and other information, which is made available to the Company