8-K

Apple iSports Group, Inc. (AAPI)

8-K 2023-04-24 For: 2023-04-19
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Added on April 06, 2026

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) April 19, 2023

PREVENTION INSURANCE.COM
(Exact name of registrant as specified in its charter)
Nevada 000-32389 88-0126444
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(State or other jurisdiction of incorporation) (Commission<br><br>File Number) (IRS Employer<br><br>Identification No.)
Level 7, 552 Lonsdale Street<br><br>Melbourne, Victoria, Australia 3000
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(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code +61 8 8981 4037

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02; Election of Director; Appointment of Chairman; Resignation of Chairman.

On April 19, 2023, Mr. Graham Martin was appointed non-executive Chairman of the Board of Directors of the Company. Simultaneously Mr. Joe Martinez resigned as Chairman of the Company while remaining a Director and CEO of the Company.

Mr. Martin (Age 61) is a highly respected figure in the gaming industry with extensive operational and board level experience. As a third-generation industry leader, he has been able to combine traditional gaming knowledge with modern digital and online strategies, which has led him to create and lead successful ventures in the sector, as well as other industries.

Some of Mr. Martin's notable achievements include:

- Founding Bonne Terre Limited, which operated as Sky Bet and was sold to The Stars Group in 2018;
- Serving as Chairman of Probability Games Corporation, a world leader in mobile phone gambling services and technology providers, which was listed on the London AIM in 2006 and later acquired by GTECH;
- Founding Scotbet International Limited, the largest private Scottish retail betting company, which holds the betting businesses of Scotbet and Morrisons Bookmakers;
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- Writing the world's first online offshore betting law in Alderney within the Bailiwick of Guernsey;
- Contributing to establishing gaming laws in various jurisdictions and; Advising or serving as a board member for numerous public and private gaming groups globally.

The parties have agreed to a compensation of $10,000 per month as Chairman. Except as stated in the preceding sentence, there are no other transactional arrangements between the Company and Mr. Martin.

There are no family relationships between the director and any other director or executive officer of the Company. There is no material plan, contract or arrangement (whether or not written) to which the new director is a party or in which each party participates that is entered into or a material amendment in connection with the triggering event or any grant or award to any such covered person or modification thereto, under any such plan, contract or arrangement in connection with any such event.

Item 7.01 Regulation FD Disclosure

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On April 24, 2023, the Company intends to issue the press release attached hereto as Exhibit 99.1.

The information in this Item 7.01 of this Current Report is furnished pursuant to Item 7.01 and shall not be deemed "filed" for any purpose,  including for the purposes  of  Section  18 of the  Exchange  Act,  or  otherwise  subject  to the liabilities of that Section.  The information in this Current Report on Form 8-K shall not be  deemed  incorporated  by  reference  into any  filing  under  the Securities  Act or the  Exchange  Act  regardless  of any general  incorporation language in such filing. The filing of this report and the furnishing of this information pursuant to Item 7.01 do not mean that such information is material or that disclosure of such information is required.

Item 9.01. Financial Statements and Exhibits

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99.1 Press Release of the Company dated April 24, 2023.
104 Cover Page Interactive Data File (embedded within the Inline XBRL Document)
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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

PREVENTION INSURANCE.COM
(Registrant)
Date: April 24, 2023 /s/ Jeremy Samuel
Jeremy Samuel
President
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pvnc_ex991.htm EXHIBIT 99.1

Prevention Insurance.com Appoints Gaming Industry Veteran Graham Martin as Chairman of the Board

IRVINE, CA and MELBOURNE, Australia, April 24 **, 2023 —**Prevention Insurance.com (the "Company"), a digital sports entertainment and gaming company that provides users with sports betting and streaming solutions, today announces the appointment of Graham Martin as its independent Chairman of the Board of Directors. The Company operates through its subsidiaries, Apple iSports, Inc., a Delaware corporation and Apple iSports Australia Pty Ltd., an Australian company.

Mr. Martin's extensive experience in the sports betting industry has made him a respected figure and a valuable resource for many gaming companies. As a third-generation bookmaker, he has been able to combine traditional gaming knowledge with modern digital and online technologies whereby he has created and successfully led many innovative ventures in this industry.

Mr. Martin originated and drafted the world’s first online offshore betting law based in Alderney that is part of the Bailiwick of Guernsey. This revolutionary event transformed the betting world and demonstrated his pioneering spirit in the gambling industry. He founded Bonne Terre Limited, which operates as Sky Bet and is regulated and licensed in Alderney. This business was sold to The Stars Group for £3.4 billion in 2018.

He served as Chairman of Probability Games Corporation, a world leader in mobile phone betting services and technology, listed on the London Stock Exchange in 2006 and later was acquired by GTECH. Graham founded Scotbet International Limited, which was the largest private Scottish retail betting company, that combined the gambling businesses of both Scotbet and Morrisons Bookmakers. Graham has contributed to establishing gaming laws in various jurisdictions and advising or serving as a board member for numerous public and private gaming groups globally.

Joe Martinez, Chief Executive Officer, and Director of the Company commented, “Graham's background and accomplishments have made him an influential and prominent figure in the sports betting world, and his expertise has helped shape the industry's growth and development over the years. Graham’s insights and executive-level experience will be invaluable to the Apple iSports brand as we launch our platform across Australia and the regulated markets within the United States where these markets saw over $57 billion in sports wagering last year. The Company is at a pivotal time in its development as we prepare to enter the marketplace with our unique approach to customer acquisition and engagement and we look forward to Graham’s valuable counsel throughout the journey.”

Graham Martin, Chairman of the Board of the Company, commented, “I am excited to have the opportunity to serve the Company as its new Chairman and look forward to the challenge of leading our entry into several marketplaces. The Company has assembled an impressive leadership team with world-class gaming, technology, and marketing partners. We are positioned to be one of the broadest sports entertainment and betting providers in the marketplace capitalizing on the convergence of sports betting, innovative technologies, and content generation, within our digital platform. I am confident that the Company has the core elements necessary to execute its business plan as we move through this exciting new era of the worldwide betting industries’ growth.”

About Apple iSports’ Platform

The Company, through its operating subsidiaries, is an emerging sports and racing betting platform centered around fantastic sports content and delivering daily fantasy games. Looking to the future, the Apple iSports gaming platform will support eSports, Metaverse applications, and much more.

The core team behind Apple iSports platform has over four decades of regulated sports and racing betting experience in regulated markets in Australia and is now bringing that to the U.S., complimented by a very strong corporate and finance capability.

The Apple iSports platform brings a fresh focus on racing, including leading-edge, AI-driven informatics to empower our customers to make informed and educated selections, along with tight integration between fantasy sports and wagering and creating strong communities around sports.

For additional information about the Apple iSports platform, please visit https://appleisports.com/

To subscribe and keep up with the latest sports news and events, sports channels, and fantasy sports competitions from Apple iSports, please visit https://appleisports.com/subscribe

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Forward-Looking Statements

This press release (together with any amendments or supplements and any other information that may be furnished to you by us) includes or may include certain forward-looking statements, estimates and projections with respect to our anticipated future performance (collectively, “Forward-Looking Statements”).  Words such as “expects,” “anticipates,” “intends,” “could,” “may,” “believes,” “estimates,” “projected” or similar language identify Forward-Looking Statements.  Forward-Looking Statements reflect various assumptions of our management that may or may not prove to be correct and are not guarantees of our future performance or results.  Our actual results could differ materially from those anticipated in the Forward-Looking Statements as a result of certain factors, certain of which are discussed in this press release.   Except as may be required by the securities laws, we are not required and do not intend to update or alter any Forward-Looking Statements in this press release or any other information that may be furnished to you by us, whether as a result of new information, future events or otherwise.  This press release does not constitute an offer to sell to, or a solicitation of an offer to buy from, anyone in any state or in any other jurisdiction in which such an offer or solicitation is not authorized.  Except as otherwise indicated, this press release speaks as of the date indicated above.

Investor Relations Contact:

Skyline Corporate Communications Group, LLC

Scott Powell, President

101 Federal Street

Suite 1900

Boston, MA 02110

Office: (646) 893-5835 x2

Email: info@skylineccg.com

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