RBTK 10-K & 10-Q changes, risk factors and insider trading

Our operating plan for 20232024 and 20242025 was focused in part on restarting the Wuxi ore milling operations through the permitting and exploration of further reserves bybyour Xinzhoujoint Goldventure partner, and the subsequent expansion of the mill. On the other hand, we also sought unrelated business opportunities during 2024 and 2025 to diversify our business and leverage our existing assets and expertise. We estimate we will require a minimum of approximately $4,500,000$3,500,000 to support this plan for the next 12 months.months, regardless of whether such funds are applied to our mining related endeavors, or to a new business venture. We are actively seeking additional funding, but to date have not entered into any agreements or other arrangements for such financing. There can be no assurance that the required additional financing will be available on terms favorable to us, or at all.

• reduce or possibly eliminate our expenditures on exploration and mineral concentration; and

Our operating plan for the balance of fiscal 20252025, and fiscal 2026 is to seek an investment of approximately US$3,350,000,US$3,350,000 whichfor wedeployment believetoward isthe requiredresumption to restartof our mineral processing plant in Chinaextraction and extend Xinzhou Gold’s mining permit, which would allow us to resume our ore extraction and refinery activities,activities. althoughWe we have not secured any financing commitment thus far.

This will involve re-testing the plant equipment and re-hiring all personnel that was laid off as a result of the mining halt. We will reactivelyalso actively seek partnerships with mining enterprises enterprises primarily active in the gold, silver and/or copper fields and subject to the general parameters described earlier to increase our supply of raw material. In addition, we will look for a partner in the natural resources field in order to enhance our future capability to access necessary funding and seek other businesses opportunities and other strategic transactions with a view toward diversifying our business business and attracting new investment.

In light of our nominal cash resources, we expect that we will be required to raise approximately $3,500,000$3,350,000 in order to execute our proposed business plan during the remainder of fiscal 2025, and fiscal 2025.2026. In the event thatIf we are unable to raise sufficient funds to carry out our planned investment in drillingmineral equipmentextraction and refining our planned exploration program,activities, we anticipate that we will require a minimum of $350,000 to maintain our current business operations without engaging in any significant exploration activities or investment. We have suffered recurring losses from operations. The continuation of our company is is dependent upon our company attaining and maintaining profitable operations and raising additional capital as needed.

There are no assurances that we will be able to obtain further funds required for our continued operations. As noted herein, we are pursuing various financing alternatives to meet our immediate and long-term financial requirements. There can be no assurance that additional financing will be available to us when needed or, if available, that it can be obtained on commercially reasonable terms. If we are not able to obtain the additional financing on a timely basis, we will be unable to conduct our operations as planned, and we will not be able to meet our other obligations as they become due. In such event, we will be forced to scale down or perhaps even cease our operations. We are not aware of any known trends, demands, commitments, events or uncertainties that will result in or that are reasonably likely to result in our liquidity increasing or decreasing in any material way.

Our financial statements report a net income of $286,663 for the year ended December 31, 2025 as compared to net loss of $1,106,305 for the year ended December 31, 20242024, as compared to $1,247,099 for the year ended December 31, 2023, representing a decreaseincrease of 11.28% 126% during the most recent fiscal year.

Our interest expense for the year ended December 31, 20242025 was $501,273 $497,913 compared to $498,120$501,273 duringfor fiscalthe 2023.year ended December 31, 2024.

Net cash provided by operating activities was $78,284 for the year ended December 31, 2025 compared to net cash used in operating activities wasof $107,228 for the year ended December 31, 2024 compared to $9,258 for the year ended December 31, 2023,2024, representing an increase of 754.54%.173%.

Net cash used in financing activities was $29,200 for the year ended December 31, 2025 compared to net cash provided by financing activities wasof $105,475 for the year ended December 31, 2024 compared to $66,764 for the year ended December 31, 2023.2024. Proceeds from financing activities during both years were from short-term operating loans.

These financial statements have been prepared on a going concern basis, which implies the Company will continue to meet its obligations and continue its operations for the next twelve months. As of December 31, 2024,2025, the Company had accumulated losses of $23,419,382$23,260,694 since inception and had a working capital deficit of $10,927,863. $11,080,776. These factors raise substantial doubt regarding the Company’s ability to continue as a going concern. The continuation of the Company as a going concern is dependent upon financial support from its stockholders, the ability of the Company to obtain necessary debt or equity financing to continue operations, and the attainment of profitable operations. Realization value may be substantially different from carrying values as shown and these financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

Assets and liabilities recorded in foreign currencies are translated at the exchange rate on the balance sheet date. Revenue and expenses are translated at average rates of exchange prevailing during the year. Any translation adjustments are reflected as a separate component of stockholders’ equity (deficit) and have no effect on current earnings. Gains and losses resulting from foreign currency transactions are included in current results of operations. During the periods ended December 31, 2025 and 2024, the Company had aggregate foreign currency translation gains (loss) of ($439,576) and $280,045, respectively.

Non-controlling interests in ourthe company’sCompany’s subsidiaries are reported as a component of equity, separate from the parent’s equity. Purchase or sale of equity interests that do not result in a change of control are accounted for as equity transactions. Results of operations attributable to the minority interest are included in our consolidated results of operations and, upon loss of control, the interest sold, as well as interest retained, if any, will be reported at fair value with any gain or loss recognized in earnings.

Summary of Operations during the ThreeSix Months Ended MarchJune 31,30, 2026 OwingIn tolight ourof limitedthe cash-flow,continued strength of gold prices during the first six months of 2026, our management is presentlycontinues engagedto inseek identifyingproposals from prospective investors and evaluatingpartners business opportunitiesseeking to createparticipate in shareholdera value,smaller includingdrilling collaborationsoperation and other strategic transactions,joint bothventure withinprojects and outside the mining sector.transactions. However, there is no assurance that a suitable opportunity will be identified or secured.

Three Months Ended MarchJune 31,30, 2026 compared to to the Three Months Ended MarchJune 31,30, 2025

The following table summarizes key items of comparison and their related increase (decrease) for the three-monththree month periods ended MarchJune 31,30, 2026 and 2025, respectively2025:

We had a net loss of $143,619$164,164 for the three months ended MarchJune 31,30, 2026, comparedrepresenting toan a recorded gainincrease of $733,222approximately 16% from our net loss of $141,277 for the three months ended MarchJune 31,30, 2025. The change in our results over the two periods wasresulted dueprimarily tofrom thean extinguishmentincrease ofin unpaidour relatedgeneral partyand debtadministrative expense and interest expense during fiscal 2025 resulting from the bankruptcy of our former joint venture partner.2026.

As of MarchJune 31,30, 2026, we had current assets of $35,309$25,968 (consisting of cash and cash equivalents,equivalents), current liabilities of $11,403,380$11,733,419 and a working capital deficit of $11,368,071.$11,707,451. This compares to our current assets of $20,289 (consisting of cash and cash equivalents), current liabilities of $11,101,065, and working capital deficit of $11,080,776 as of December 31, 2025. The increase in cash and increase in liabilities during the most recent period corresponded withresulted an increase in cashprimarily from receipt of related party loans,loans and athe correspondingaccumulation increaseof ininterest accountsexpense payable and accrued liabilities toon related parties. party loans.

As of MarchJune 31,30, 2026, we had an accumulated lossesdeficit of $23,369,280$23,498,246 since inception. We anticipate generating additional losses and, therefore, may be unable to continue operations further in the future.

Net cash used in operating activities during the threesix months ended MarchJune 31,30, 2026 was $143,619$(4,102), compared to $733,222 in net cash gainedprovided fromby operating activities of $118,725 during the threesix months ended June March 31,30, 2025. The gainchange duringresulted fiscalprimarily 2025from correspondedthe withabsence of a recorded gain fromon the extinguishment of related party debt payable byduring the Company.most recent period. During During the threesix months ended MarchJune 31,30, 2026 and 2025, we had no sales and did not purchase any raw materials.

In light of our nominal cash resources, we expect that we will be required to raise approximately $300,000$3,350,000 in order to sustainexecute our operationsproposed forbusiness theplan remainder ofduring fiscal 2026 and 2027. In the event that we are unable to raise sufficient funds to carry out our planned investment in drilling equipment and our planned exploration program, we anticipate that we will require a minimum of $350,000 to maintain our current business operations without engaging in any significant exploration explorationactivities or investment. We have suffered and continue to suffer recurring losses from operations,operations. andThe the continuation of our company is dependent upon our company attaining and maintaining profitable operations and raising additional capital as needed.

ThereThe arecontinuation noof assurancesour thatbusiness weis willdependent upon be able to obtainobtaining further fundsfinancing, requireda forsuccessful ourprogram continuedof exploration and/or development, and, finally, achieving a profitable level of operations. There can be no assurance that additional financing will be available to us when needed or, if available, that it can be obtained on commercially reasonable terms. The issuance of additional equity securities in connection with any financing by us could result in a significant dilution in the equity interests of our current stockholders. Obtaining commercial loans, assuming those loans would be available, will increase our liabilities and future cash commitments.

There are no assurances that we will be able to obtain further funds required for our continued operations. As noted herein, we are pursuing various financing alternatives to meet our immediate and long-term financial requirements. There can be no assurance that additional financing will be available to us when needed or, if available, that it can be obtained on commercially reasonable terms. If we are not able to obtain the additional financing on a timely basis, we will be unable to conduct our operations as planned, and we will not be able to meet our other obligations as they become become due. In such event, we will be forced to scale down or perhaps even cease our operations.