Company: IDVV
Filing Date: 2025-05-30
Form Type: 10-12G
Source: 0001683168-25-004098
Chunk: 86

Company: ModuLink Inc.
Filing Date: 2025-05-30
Form: 10-12G
Chunk 86
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 year, we did not pay dividends on our
Common Stock. Our present policy is to apply cash to investments in business development and expansion; consequently, we do not expect
to pay dividends on Common Stock in the foreseeable future.

Going Concern

Our continuation as a going
concern is dependent upon improving our profitability and the continuing financial support from our stockholders. Our sources of capital
may include the sale of equity securities, which include common stock sold in private transactions and short-term and long-term debts.
While we believe that we will obtain external financing and the existing shareholders will continue to provide the additional cash to
meet our obligations as they become due, there can be no assurance that we will be able to raise such additional capital resources on
satisfactory terms. We believe that our current cash and other sources of liquidity discussed below are adequate to support operations
for at least the next 12 months.

| 43 |

We
require additional funding to meet its ongoing obligations and to fund anticipated operating losses. Our ability to continue as a going
concern is dependent on raising capital to fund its initial business plan and ultimately to attain profitable operations. These consolidated
financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of
assets and liabilities that may result in the Company not being able to continue as a going concern.

We
expect to incur business development, sales and marketing, professional and administrative expenses as well expenses associated with maintaining
our filings with the Commission. We will require additional funds during this time and will seek to raise the necessary additional capital.
If we are unable to obtain additional financing, we may be required to reduce the scope of our business development activities, which
could harm our business plans, financial condition and operating results. Additional funding may not be available on favorable terms,
if at all. We intend to continue to fund its business by way of equity or debt financing and advances from related parties. Any inability
to raise capital as needed would have a material adverse effect on our business, financial condition and results of operations.

If
we cannot raise additional funds, we will have to cease business operations. As a result, our common stock investors would lose all of
their investment.

Material Cash Requirements

We
incurred loss of $256,949 for the year ended December 31, 2024 and we expect to continue to incur net losses for the foreseeable future.
We expect net cash expended in 2025 to be significantly higher than 2024. As of December