Company: IDVV
Filing Date: 2025-07-03
Form Type: 10-12G/A
Source: 0001683168-25-004925
Chunk: 169

Company: ModuLink Inc.
Filing Date: 2025-07-03
Form: 10-12G/A
Chunk 169
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 on the substance of the transaction, whether it be a financing transaction to raise equity
(topic 340), to raise or modify debt (topic 470 and 835), or other modifications or exchanges. If the modification or exchange does not
fall under topics 340, 470, or 835, an entity may be required to account for the effects of such modifications or exchanges as dividends
which should adjust net income (or loss) in the basic EPS calculation. This guidance was effective for fiscal years beginning after December
15, 2022, with early adoption permitted. The Company is required to apply the amendments within this ASU prospectively to modifications
or exchanges occurring on or after the effective date of the amendment. The Company adopted this ASU January I, 2023 and it did not have
a significant impact on its consolidated financial statements and related disclosures.

| F-30 |

<div align='center'>INTERNATIONAL ENDEAVORS CORPORATION

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023</div>

| NOTE 2 | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) |

(Q) Recent Accounting Pronouncements (Continued)

Recently Issued Accounting Pronouncements Not
Yet Adopted

In December 2023, FASB issued ASU 2023- 09, Income
Taxes (Topic 740). Improvements to Income Tax Disclosures (ASU 2023-09). The ASU focuses on income tax disclosures around effective tax
rates and cash income taxes paid. ASU 2023-09 requires public business entities to disclose, on an annual basis, a rate reconciliation
presented in both dollars and percentages. The guidance requires the rate reconciliation to include specific categories and provides further
guidance on disaggregation of those categories based on a quantitative threshold equal to 5% or more of the amount determined by multiplying
pretax income (loss) from continuing operations by the applicable statutory rate. For entities reconciling to the US statutory rate of
21%, this would generally require disclosing any reconciling items that impact the rate by 1.05% or more. ASU 2023-09 is effective for
public business entities for annual periods beginning after Dec. 15, 2024 (generally, calendar year 2025) and effective for all other
business entities one year later. Entities should adopt this guidance on a prospective