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Cyber Apps World Inc. (CYAP) is a tech company that focuses on innovative cybersecurity solutions and mobile applications. Recently, the company announced a change in control where Zenith Energy Ltd. acquired a majority stake. With a new management team in place, including Luca Benedetto as President, the company is set to expand its business into new sectors. Stay tuned for updates on CYAP's development plan!
Cyber Apps World Inc. (OTC PINK:CYAP) has announced the commencement of BETA Testing for its Friendly and Fast Delivery App in Ahmedabad, India, which will offer various delivery options including food and groceries. The app is fully developed and aims for a USA launch in early 2022. Additionally, Cyber Apps secured a default judgment against East Capital Investments Corp. for improper stock conversion and amended claims against Black Ice Advisors for alleged securities fraud.
Cyber Apps World Inc. (OTC PINK:CYAP) announced plans to beta test its new delivery app, Friendly and Fast, by the end of August 2021. The app will initially focus on food delivery services, with future expansions into grocery and courier services. It aims to provide users with a diverse range of dining options and enhance order accuracy, while also serving corporate clients with lower delivery margins. After the U.S. launch, the app plans to expand internationally to markets including Europe and Canada.
Cyber Apps World Inc. (CYAP) has initiated legal action against Black Ice Advisors LLC in Nevada District Court for breach of contract regarding a share purchase agreement. The dispute arises from a convertible promissory note under which Black Ice converted $38,330 into 3,833,000 shares and another $56,310 into 5,631,000 shares. However, Cyber Apps only owed $22,045 at the time of the second conversion, resulting in excessive share issuance. The company seeks damages for dilution of its share capital and the adverse market impact from Black Ice's actions.
Cyber Apps World Inc. (OTC PINK:CYAP) has filed a lawsuit against East Capital Investments Corp in the Nevada District Court. The legal action arises from ECI's conversion of $28,750 in debt into 3,523,284 shares of Cyber Apps, executed under a penalty clause of a share purchase agreement. Cyber Apps alleges that ECI ignored requests for a legal opinion regarding compliance with Rule 144, leading to a decrease in market capitalization. The Company seeks damages for this reduction and other punitive damages.
Cyber Apps World Inc. (OTC PINK:CYAP) is developing a new app called Friendly and Fast, aimed at providing food delivery, grocery, and courier services. This app is set to launch initially in the USA, targeting both individual and corporate customers. The company plans to implement competitive pricing strategies to attract clients, particularly in light of recent challenges faced by existing delivery services during the pandemic. President Mohammed Irfan Rafimiya Kazi emphasized the importance of brand recognition through effective marketing campaigns to capture a significant share of the growing global delivery market.
Cyber Apps World Inc. (CYAP) announced ongoing legal action against EMA Financial for breach of contract regarding a share purchase agreement and convertible promissory note. Despite these challenges, the company is actively seeking additional financing through convertible notes to support the development of its cyber technology products. Since November 2019, Cyber Apps has successfully raised funds through such notes, maintaining relationships with other investment companies. The company aims to enhance its offerings in e-commerce and mobile applications.
Cyber Apps World Inc. (CYAP) is challenging EMA Financial, LLC's attempt to convert part of a $60,000 promissory note into shares at approximately $0.02 per share. After a failed prepayment attempt by Cyber Apps, EMA issued a notice for conversion leading to a dispute over the required documentation for share issuance. Cyber Apps accuses EMA of acting in bad faith and plans to initiate legal proceedings to protect shareholder interests. The outcome of this situation may significantly impact the company's stock performance.
Cyber Apps World Inc. (CYAP) announced the public release of an explanatory video for its HR technology platform, Privacy and Value, aimed at managing remote work while balancing productivity and privacy concerns. The company has acquired a 50% interest in the software. As the pandemic shifts workforce dynamics, Global Workplace Analytics projects a significant rise in remote work. The company plans to file an S-1 for a spin-off of Privacy and Value as a separate entity, benefiting CYAP shareholders with share allocations. Launch is expected in Q2 2021.
Cyber Apps World Inc. (OTC PINK:CYAP) has announced a strategic agreement to acquire a 50% interest in Privacy and Value, a technology solution aimed at enhancing remote worker management while addressing privacy concerns. The company plans to file an S-1 registration statement and subsequently spin off this interest as a separate trading entity, benefiting shareholders through share allocation. With a focus on the evolving HR technology market, Cyber Apps expects significant growth, driven by an increase in remote working arrangements post-pandemic.