NOTE 11: SUBSEQUENT EVENTS

Management has evaluated subsequent events through August 14, 2025, the date the consolidated financial statements were available to be issued. Based on this evaluation, no additional material events were identified which require adjustment or disclosure in these financial statements.

On July 1, 2025, the Company completed the acquisition of J Street Capital Partners, LLC, a Florida limited liability company, an importer and wholesaler of alcoholic beverages. As consideration, the Company issued 150,000 shares of its common stock to the seller. J Street's financial results will be included in the Company’s consolidated results beginning in the third quarter of 2025.

On July 11, 2025, the Company effected a 1-for-10 reverse stock split of its common stock. No fractional shares were issued, and any such amounts were rounded up to the nearest whole share. The reverse split did not impact the total number of authorized shares or par value. Post-split shares began trading on the OTCQB under the same symbol, “CNFN,” on July 14, 2025, with a new CUSIP number (12529C 308).

On August 14, 2025, following negotiation with Emerging Growth, LLC, the holder of all 3,000 shares of the Company’s Series B Preferred Stock, the Company filed a Certificate of Amendment to its Certificate of Designation of Series B Preferred Stock with the Secretary of State of the State of Delaware pursuant to which the Certificate of Designation of Series B Preferred Stock was amended to increase the dividend rate of 6% per annum on the Series B Preferred Stock to 12% per annum, effective August 1, 2025.