Company: IDVV
Filing Date: 2025-05-30
Form Type: 10-12G
Source: 0001683168-25-004098
Chunk: 2

Company: ModuLink Inc.
Filing Date: 2025-05-30
Form: 10-12G
Chunk 2
---
 operations and or the value of our securities, including causing the value of our securities
to significantly decline or become worthless. For a detailed description of the risks facing the Company associated with our structure,
please refer to “Risk Factors – Risks Relating to Doing Business in Hong Kong.”

International Endeavors Corporation and our Hong
Kong subsidiaries are not required to obtain permission or approval from the China Securities Regulatory Commission, or CSRC, the Cybersecurity
Administration Committee, or CAC, or any other Chinese authorities to operate our business or to issue securities to foreign investors.
However, in light of the recent statements and regulatory actions by the People’s Republic of China (“the PRC”) government,
such as those related to Hong Kong’s national security, the promulgation of regulations prohibiting foreign ownership of Chinese
companies operating in certain industries, which are constantly evolving, and anti-monopoly concerns, we may be subject to the risks of
uncertainty of any future actions of the PRC government in this regard including the risk that we inadvertently conclude that such approvals
are not required, that applicable laws, regulations or interpretations change such that we are required to obtain approvals in the future,
or that the PRC government could disallow our holding company structure, which would likely result in a material change in our operations,
including our ability to continue our existing holding company structure, carry on our current business, accept foreign investments, and
offer or continue to offer securities to our investors. These adverse actions could cause the value of our common stock to significantly
decline or become worthless. We may also be subject to penalties and sanctions imposed by the PRC regulatory agencies, including the Chinese
Securities Regulatory Commission, if we fail to comply with such rules and regulations, which would likely adversely affect the ability
of the Company’s securities to continue to trade on the Over-the-Counter Bulletin Board, which would likely cause the value of our
securities to significantly decline or become worthless.

There are prominent legal
and operational risks associated with our operations being in Hong Kong. For example, as a U.S.-listed Hong Kong public company,
we may face heightened scrutiny, criticism and negative publicity, which could result in a material change in our operations and the value
of our common stock. It could also significantly limit or completely hinder our ability to offer or continue to offer securities to investors
and cause the value of such securities to significantly decline or be worthless. We are subject to risks arising from the legal system
in China where there are risks and uncertainties