Company: IDVV
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001683168-25-008369
Chunk: 16

Company: ModuLink Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part II, Item 8
Chunk 16
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, manufacturing capabilities, and regulatory stability. This strategic initiative is designed to enhance our
supply chain resilience while maintaining the quality and performance standards required for our proprietary technologies.

On September 29, 2025,
the Company’s wholly owned subsidiary, ModuLink Innotech Company Limited (“MICL”) has entered into a three-year Exclusive
Distribution and Marketing Agreement with ASA Robotics Limited (“ASA”).  Under this arrangement, MICL has been appointed
as ASA’s exclusive partner to promote, market, and distribute ASA’s AI Health System, Luna CAT, a fall detection and prevention
solution designed for elderly care, in Hong Kong and international markets. In addition, both parties have agreed in principle to explore
the potential co-development of next-generation AI Companion Services. Any such development would be subject to separate future agreements
defining scope, responsibilities and commercial terms.

To mitigate geopolitical,
regulatory, and operational risks, we are actively exploring opportunities to identify and engage qualified manufacturing partners outside
of mainland China. Our intention is to diversify our supply chain by establishing relationships with suppliers in jurisdictions that offer
competitive cost structures, manufacturing capabilities, and regulatory stability. This strategic initiative is designed to enhance our
supply chain resilience while maintaining the quality and performance standards required for our proprietary technologies.

Because we are dependent on
third party manufacturers to support certain aspects of our business activities, any interruption in the provision of products by these
third parties whether due to supply chain disruptions, regulatory restrictions, or geopolitical developments may impair our ability to
deliver properties to our clients in a timely or cost-effective manner. Please see “Risk Factors - We rely on third-party manufacturers
and partners for certain aspects of our operations, and any interruptions in the provision of products provided by these third parties
may impair our ability to deliver properties to our clients.” Set forth in the Registration Statement.

Our sources of capital in
the past have included the sale of equity securities, which include common stock sold in private transactions to our executive officers
or existing shareholders, and short-term and long-term debts. We expect to finance future acquisitions through a combination of the foregoing.
While we believe that existing shareholders and our officers and directors will continue to provide additional cash to make acquisitions
and to meet our obligations as they become due or that we will obtain external financing, there can be no assurance that we will be able
to raise such additional capital resources on satisfactory terms. Currently, we rely on funding provided by our officers and directors
to support our ongoing operating activities. In light of this