Company: IDVV
Filing Date: 2025-08-12
Form Type: 10-12G/A
Source: 0001683168-25-005941
Chunk: 77

Company: ModuLink Inc.
Filing Date: 2025-08-12
Form: 10-12G/A
Chunk 77
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,027,236 shares
of common stock were issued to our directors, TAM, Hin Wah Anthony, FU, Wah and AU-YEUNG, Sai Kit. They will, in aggregate of shareholding
interests through ModuLink Inc. and personally, control approximately 67.93% of the voting power of our common stock, as calculated on
a fully diluted basis.

We are a controlled company subject to the control of ModuLink Inc., and our directors, TAM, Hin Wah Anthony, FU, Wah and AU-YEUNG, Sai Kit, together with our other insiders beneficially own a significant portion of our stock, and accordingly, have control over stockholder matters, our business and management.

Under NASDAQ stock exchange
rule 5615(c)(1), a “controlled company” is defined as a “company of which more than 50% of the voting power for the
election of directors is held by an individual, a group or another company.” As of the date of this registration form, ModuLink
Inc. beneficially owns 200,000 shares of Series A Convertible Preferred Stock, or approximately 50.19% voting power of our shares of common
stock, as calculated on a fully diluted basis. Our directors, TAM, Hin Wah Anthony, FU, Wah and AU-YEUNG, Sai Kit, holds 50%, 25% and
25% shareholding interests of ModuLink Inc., respectively. Pursuant to the Share Exchange Agreement, the aggregate balances of 1,414,027,236
shares of common stock were issued to our directors, TAM, Hin Wah Anthony, FU, Wah and AU-YEUNG, Sai Kit. As a result, our directors beneficially
own in aggregate through ModuLink Inc. approximately 67.93% of the voting power of common stock, as calculated on a fully diluted basis.
As a result, ModuLink Inc. and our directors will have significant influence to:

| · | Elect or defeat the election of our directors;                                 |
| · | Amend or prevent amendment of our articles of incorporation or bylaws;         |
| · | Effect or prevent a merger, sale of assets or other corporate transaction; and |
| · | Effect the outcome of any other matter submitted to the stockholders for vote. |

| 38 |

Moreover, because of the significant
ownership position held by our management team, new investors may not be able to effect a change in our business or management, and therefore