Company: RMSGW
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001641172-25-021609
Chunk: 19

Company: Real Messenger Corp
Filing Date: 2025-07-31
Form: 20-F
Item: Item 3
Chunk 19
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 or judgments, require us to modify our products and features while we develop non-infringing substitutes
or require us to stop offering certain features.

In
addition, we use open-source software in our solutions and will use open-source software in the future. From time to time, we may face
claims against companies that incorporate open-source software into their products, claiming ownership of, or demanding release of, the
source code, the open-source software and/or derivative works that were developed using such software, or otherwise seeking to enforce
the terms of the applicable open-source license. These claims could also result in litigation, require us to purchase a costly license
or require us to devote additional research and development resources to change our solutions, any of which would have a negative effect
on our business and operating results.

  16  

Although
the results of litigation and claims cannot be predicted with certainty, we do not believe that the final outcome of any matter that
we currently face will have a material adverse effect on our business. However, there can be no assurance that our expectations will
prove correct, and even if these matters are not resolved in our favor or without significant cash settlements, these matters, and the
time and resources necessary to litigate or, resolve them, could harm our business, our operating results, our reputation or the market
price of our Class A Ordinary Shares.

If
we do not continue to attract new users, or if existing users do not maintain their relationship with us, reduce their interaction
with us, or fail to adopt or purchase additional solutions, we may not achieve our revenue projections, and our operating results would
be harmed.

In order to generate revenue
and grow our business, we must continually attract new users, sell additional solutions to existing users and retain users while maintaining
their engagement. The success of our business will be highly correlated with the “network effect” that we and our users achieve.
Having a large user network is expected to provide users confidence that Real Messenger mobile application is the best place
for their real estate activities, and the best source of information on real estate opportunities of interest to them. A large user network
creates a “domino effect” that inures to the benefit of Real Messenger mobile application and its users - namely, more
users makes our solution more attractive to new users, resulting in a network effect that potentially strengthens our first-to-market
advantage. However, despite the potential first-mover advantage of the Real Messenger mobile application network over other similar solutions,