Company: IDVV
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001683168-25-008369
Chunk: 8

Company: ModuLink Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part II, Item 8
Chunk 8
---
,021 

    NOTE 8
    LOAN RECEIVABLES

The amount was due from an independent property
development entity based in Canada. The amount due is unsecured, carries interest at a rate of 5% per annum and repayable on demand.

    NOTE 9
    AMOUNT DUE FROM RELATED COMPANIES

The summary of amount due from related companies
as of September 30, 2025 and December 31, 2024 is as follows: 

    Schedule of amount due from related companies 

    September 30, 2025  
    December 31, 2024 
  
    ModuLink Inc. 
    $15,384  
    $– 
  
    Zenith (PMS) Limited 
     153,884  
     – 

    $169,268  
    $– 

The amount due from related companies in which
the Company's directors also serve as directors. The amounts are unsecured, non-interest-bearing, and repayable on demand.

ModuLink Inc., a corporation incorporated in the
British Virgin Islands, is the holder of all 200,000 issued and outstanding Preferred A shares of the Company. The directors and shareholders
of ModuLink Inc., Mr. Tam Hin Wah Anthony, Mr. Fu Wah, and Mr. Au-Yeung Sai Kit, are also directors and majority shareholders of the Company.

Zenith (PMS) Limited is wholly owned by Mr. Tam
Hin Wah Anthony, who also serves as a director of the Company. The amount due relates to a deposit paid for subcontracting services provided
by Zenith (PMS) Limited in connection with the supply and installation of windows and steel structures for the Company’s design
and build services project. As of September 30, 2025, the related work had not yet been fully completed. The nature of the transaction
is considered trade-related.

     F-10 

INTERNATIONAL ENDEAVORS CORPORATION

CONDENSED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER
30, 2025 AND 2024

(UNAUDITED)

    NOTE 10
    EQUIPMENT, NET

Equipment, net as of September 30, 2025 and December
31, 2024 consisted of the following:

    Schedule of equipment, net 

    September 30, 202