Company: INVUP
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001641172-25-001193
Chunk: 1454

Company: Investview, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1B
Chunk 1454
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 from the date of issuance, and its value has been classified as a fair value liability due
to the terms of the instrument (see NOTE 7). The Unit Offering was completed on or about August 17, 2021, having resulted in the public
offer and sale of 252,192 Units.

As
of December 31, 2024 and 2023, we had 252,192 shares of preferred stock issued and outstanding.

    F-18

INVESTVIEW,
INC.

NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS

DECEMBER
31, 2024 AND 2023

Preferred
Stock Dividends

During
the year ended December 31, 2024, we recorded $819,340 for the cumulative cash dividends due to the shareholders of our Series B Preferred
Stock. We made payments of $659,020 in cash and issued $171,611 worth of cryptocurrency to reduce the amounts owing. As a result, we
recorded $245,101 as a dividend liability on our balance sheet as of December 31, 2024.

During
the year ended December 31, 2023, we recorded $819,340 for the cumulative cash dividends due to the shareholders of our Series B Preferred
Stock. We made payments of $627,856 in cash and issued $171,722 worth of cryptocurrency to reduce the amounts owing. As a result, we
recorded $256,392 as a dividend liability on our balance sheet as of December 31, 2023.

Common
Stock Transactions

During
the year ended December 31, 2024, we repurchased 472,374,710 shares from two of the original founders of the Company and a series of
their family members and related entities in exchange for cash of $446,391 and payables of $3,124,755 (see NOTE 5). Also, during the
year ended December 31, 2024, we cancelled 1,750,000 shares that had been issued but were forfeited by choice. As a result, we decreased
common stock by $1,750 and increased additional paid in capital by the same. The forfeiture also resulted in the reversal of previously
recorded expense resulting in a net $10,002 reduction in stock-based compensation based on grant date fair values and vesting terms of
awards granted in prior periods.

During
the year ended December 31, 2023, we issued