Company: SUND
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001641172-25-017143
Chunk: 96

Company: Sundance Strategies, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 1A
Chunk 96
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At
present, we are a minor participant in both the life settlement market and in the bond advisory industry. We face significant competition
from much larger competitors. We will need substantial additional funds to effectively compete in these industries, and no assurance
can be given that we will be able to adequately fund our current and intended operations. We expect to finance our operating working
capital requirements, with proceeds from planned public and/or private offerings of our securities and debt financing. There can be no
assurance that we will be successful in raising debt or equity capital or that we will be successful in raising additional capital in
the future on terms acceptable to us, or at all. If we are not able to obtain sufficient funding to execute our business strategies,
we may be required to scale back or discontinue our operations, which would materially adversely affect our financial condition and results
of operations.

We
may default on our obligations under various debt arrangements, which may accelerate our repayment obligations or otherwise limit our
access to future financing.

If
we fail to make timely repayments of amounts received under notes payable and lines-of-credit with related parties or the 8% convertible
debenture agreement we will be in default of such obligations, which could materially adversely affect our operations and financial condition.
Our default under these obligations may also limit our ability to obtain future financing from related or third parties, which would
materially adversely affect our operations and our ability to execute our business strategy.

Our
management team relies on outside consultants and others in our industry to make informed business decisions; potential conflicts of
interest involving those parties who are relied upon could adversely affect the execution of our business model

Our
management team has relied and will continue to rely on consultants and service providers in our industry. Many of these consultants
or service providers represent or provide services to others in this industry, and no assurance can be given that we, as a small competitor
competing with larger competitors in our industry, will be able to engage these consultants. In addition, our inability to retain such
consultants would negatively affect our ability to identify and evaluate life insurance products for purchase. Even as our management
accumulates expertise in this industry, we will still rely on the expertise of outside consultants for a variety of information, including
valuation, life expectancies, actuarials and other matters specific to life insurance policies. If we cannot obtain such services at
an affordable price, our business will be harmed.

Current
and future federal regulation under the Dodd-Frank Act