Company: LSEB
Filing Date: 2025-07-15
Form Type: 10-K
Source: 0001199835-25-000233
Chunk: 318

Company: LSEB Creative Corp.
Filing Date: 2025-07-15
Form: 10-K
Item: Item 3
Chunk 318
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% consistently through year one to five. We intend to target consumers with on-line marketing, and
businesses, including hotels and independent boutiques with direct mail, and pursuing contacts within the industry. The Company also
expects to attend swimwear trade shows across the world.

Since
March 31, 2025, and for the next 12 months during our fiscal year 2026, our business will be built across four key growth product
categories including: (1) Women’s Swimwear, (2) Men’s Swimwear, (3) Women’s Beachwear, and (4) Accessories. Our growth
plan is to achieve $500,000 in net revenues within the first 12 months following fiscal year end March 31, 2025, with majority derived
from category (1), Women’s Swimwear. The Company launched the brand in October 2023 with men’s and women’s swimwear,
and we have started generating revenue. The Company plans to complete a financing through a private offering for a minimum of $400,000
within the 6-12 months following our March 31, 2025 year-end. We have not yet entered into any agreements with any parties with
respect to obtaining financing for the Company.

36

We
intend to target consumers with on-line marketing, and businesses, including hotels and independent boutiques with direct mail, and pursuing
contacts within the industry. The Company also expects to attend swimwear trade shows across the world.

If
we are unable to obtain financing on reasonable terms, we could be forced to delay or scale back our plans for expansion. In addition,
such inability to obtain financing on reasonable terms could have a material adverse effect on our business, operating results, or financial
condition. In the unlikely scenario that we are not successful in financing our target of $400,000 or above through a private offering
within the first 12-month period following our March 31 year-end, we will delay the launch of the Women’s Beachwear,
and move forward solely with Men’s and Women’s Swimwear.

Within
24 months following our March 31, 2025 year-end, our total sales forecast is $1,200,000. This target is comprised of $1,000,000 Women’s
Swimwear and Men’s Swimwear categories, and $200,000 Beachwear and Accessories. We anticipate a sales growth rate of approximately
50% per year for our first 3 operational years.

We