Company: IDVV
Filing Date: 2025-08-12
Form Type: 10-12G/A
Source: 0001683168-25-005941
Chunk: 2

Company: ModuLink Inc.
Filing Date: 2025-08-12
Form: 10-12G/A
Chunk 2
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 and regulations or the promulgation of new rules
and regulations may materially affect our 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 OTC Markets, 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