Company: RMSGW
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001641172-25-021609
Chunk: 2

Company: Real Messenger Corp
Filing Date: 2025-07-31
Form: 20-F
Item: Item 3
Chunk 2
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 business, user and employee
relationships that may adversely affect the Company’s ability to achieve the anticipated benefits of these and future acquisitions.

   5  

Acquisitions
and joint ventures are inherently risky, and any that the Company completes may not be successful. Any acquisitions and joint ventures
that the Company pursues would involve numerous risks that can hinder materialization of anticipated benefits, including the following:
(i) difficulties in integrating and managing the operations and technologies of the companies the Company acquires, including higher
than expected integration costs and longer integration periods; (ii) diversion of the Company’s management’s attention from
normal daily operations of its business; (iii) the Company’s inability to maintain the users, key employees, key business relationships
and reputations of the businesses it acquires; (iv) the Company’s inability to generate sufficient revenue or business efficiencies
from acquisitions or joint ventures to offset its increased expenses associated with acquisitions or joint ventures; (v) delays in the
Company’s ability to implement internal standards, controls, procedures and policies in the businesses it acquires or gains ownership
in through joint ventures and increased risk that its internal controls will be ineffective; (vi) operations in a nascent state depend
directly on utilization by the Company’s agents and brokers; (vii) adverse effects of acquisition and joint venture activity on
the key performance indicators the Company uses to monitor its performance as a business; (viii) disagreements with partners in the joint
ventures which could lead to litigation, and (ix) inability to fully realize intangible assets recognized through acquisitions or joint
ventures and related non-cash impairment charges that may result if the Company is required to revalue such intangible assets.

The
Company’s failure to address these risks or any other challenges it encounters with its future acquisitions, joint ventures, and
investments could cause it to not realize all or any of the anticipated benefits of such acquisitions or investments, incur unanticipated
liabilities, and harm the Company’s business, which could negatively impact its operating results, financial condition, and cash
flows.

We
are an early-stage company and have not generated, and may never generate, material revenue or become profitable.

To
generate and grow our revenue, we intend to move quickly to establish our business as a “go-to” solution for influential
real estate industry participants and consumers, on a large scale, benefitting from network effects. This will require us to be
successful in a range of challenging activities, including validating our business