8-K - LEEN - Equibles

SECURITIESAND EXCHANGE COMMISSION

WASHINGTON,D.C. 20549

FORM8-K

CURRENTREPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 19, 2022

CYBERAPPS WORLD, INC.

(Exact Name of Registrant as Specified in Charter)

Nevada	000-50693	90-0314205
(State<br> or Other Jurisdiction of Incorporation)	(Commission<br> File Number)	(IRS<br> Employer<br><br>Identification Number)

9436 W. Lake Mead Blvd., Ste. 5-53

Las Vegas NV 89134-8340

(Address of Principal Executive Offices, Zip Code)

Registrant’s telephone number, including area code: (702) 805-0632

N/A

(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:

☐ Written communication 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)).

Securities registered pursuant to Section 12(b) of the Act: None

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.02	Termination of a Material Definitive Agreement

On January 19, 2022, our subsidiary, WarpSpeed Taxi Inc. (“WarpSpeed”) entered into an agreement whereby it terminated an asset purchase and sale agreement dated December 20, 2020 with Limitless Projects Inc. (“Limitless”) to acquire the WarpSpeed Taxi computer application given WarpSpeed’s inability to make a required payment pursuant to that agreement.

Pursuant to the terms of the termination agreement, Limitless has reimbursed WarpSpeed the $10,000 cash payment that it made to Limitless upon the execution of the original agreement. Additionally, the directors of WarpSpeed, who are also our directors, have resigned and appointed Daniel Okelo, the president of Limitless, in their place. We will also transfer the 115,000,000 shares of common stock in the capital of WarpSpeed that we own to Limitless for consideration of $14,100.

Item 9.01	Financial Statements and Exhibits
Exhibit<br>No.	Description
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10.1	Termination<br> Agreement among Limitless Projects Inc., WarpSpeed Taxi Inc. and Cyber Apps World, Inc. dated<br> January 19, 2022.

SIGNATURES

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

	Cyber<br> Apps World Inc.
Date: January<br> 19, 2022	By:	/s/ Mohammed<br> Irfan Rafimiya Kazi
		Mohammed Irfan<br> Rafimiya Kazi, President

Exhibit 10.1

LIMITLESSPROJECTS INC.

2261 Rosanna Street

Las Vegas, Nevada 89117

January 19, 2022

WarpSpeed Taxi Inc. and

Cyber Apps World, Inc.

9436 W. Lake Mead Blvd

Las Vegas, NV 89134

Attention:Mohammed Irfan Rafimiya Kazi

Dear Irfan:

Re: Asset Purchase Agreement dated December 20, 2020 (the “Agreement”)

For good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, we hereby confirm our mutual agreement to terminate the Agreement on the following terms:

1.	WarpSpeed<br> Taxi Inc. (“WarpSpeed”) and Limitless Projects Inc. (“Limitless”)<br> (collectively, the “Parties”) hereby acknowledge the following:
a)	Pursuant<br> to the Agreement, the Parties agreed that WarpSpeed would pay Limitless $10,000 upon the<br> execution of the Agreement (which WarpSpeed paid), an additional $40,000 to Limitless upon<br> Limitless’s delivery of a working prototype of the WarpSpeed Taxi computer application<br> (the “Application”) to WarpSpeed, and an additional $250,000 as represented by<br> a promissory note that WarpSpeed issued to Limitless;
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b)	Limitless<br> has delivered a working prototype of the Application to WarpSpeed; and
---	---
c)	WarpSpeed<br> has not made the $40,000 payment to Limitless and is not in a position to do so.
---	---
2.	Because<br> the Agreement is not in good standing, the Parties hereby agree to terminate the Agreement<br> on the following terms upon the execution of this agreement:
---	---
a)	Limitless<br> shall reimburse WarpSpeed’s previous payment of $10,000;
---	---
b)	WarpSpeed’s<br> parent company, Cyber Apps World, Inc., shall transfer the 115,000,000 shares of common stock<br> of WarpSpeed registered in its name to Limitless in consideration of Limitless paying $14,100<br> to Cyber Apps World, Inc.;
---	---
c)	Mohammed<br> Irfan Rafimiya Kazi and Kateryna Malenko shall resign as directors and officers of WarpSpeed<br> and appoint Daniel Okelo in their place;
---	---
d)	the<br> Parties shall execute and deliver to each other mutual releases in a form acceptable to the<br> Parties, which includes, among other things, confirmation that the promissory note that WarpSpeed<br> issued to Limitless is null and void; and
---	---
e)	WarpSpeed<br> shall execute and deliver a Bill of Sale to Limitless whereby it transfers all interest in<br> the Application, and all data and databases relating to the Application, to Limitless.
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If this termination agreement is acceptable, please sign and return a copy of this letter to us whereupon this termination agreement shall be a binding agreement.

Sincerely,

LIMITLESSPROJECTS INC.

PER:

/s/Daniel Okelo

DANIELOKELO

President

AGREEDAND CONFIRMED this

19th day of January, 2022

/s/ Mohammed Irfan Rafimiya Kazi

Cyber Apps World, Inc.

By its president, Mohammed Irfan Rafimiya Kazi

/s/ Mohammed Irfan Rafimiya Kazi

WarpSpeed Taxi Inc.

By its president, Mohammed Irfan Rafimiya Kazi