Information Statement - All Other (definitive) (def 14c)
June 29 2021 - 5:46PM
Edgar (US Regulatory)
SCHEDULE
14C INFORMATION
Information
Statement Pursuant to Section 14(c)
of
the Securities Exchange Act of 1934
Check
the appropriate box:
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Preliminary
Information Statement
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Confidential,
for Use of the Commission Only
(as permitted by Rule 14c-5 (d)(2))
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Definitive
Information Statement
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CYBER
APPS WORLD INC.
(Name
of Registrant As Specified In Charter)
Payment
of Filing Fee (Check the appropriate box):
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No
fee required.
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Fee
computed on table below per Exchange Act Rules 14c-5(g) and 0-11.
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1)
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Title
of each class of securities to which transaction applies:
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2)
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Aggregate
number of securities to which transaction applies:
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3)
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Per
unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (Set forth the amount on which
the filing fee is calculated and state how it was determined):
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4)
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Proposed
maximum aggregate value of transaction:
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5)
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Total
fee paid:
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Fee
paid previously with preliminary materials.
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Check
box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting
fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date
of its filing.
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1)
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Amount
Previously Paid:
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2)
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Form,
Schedule or Registration Statement No:
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3)
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Filing
Party:
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4)
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Date
Filed:
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THIS
INFORMATION STATEMENT IS BEING PROVIDED TO
YOU
BY THE BOARD OF DIRECTORS OF THE COMPANY
WE
ARE NOT ASKING YOU FOR A PROXY AND YOU ARE
REQUESTED
NOT TO SEND US A PROXY
INFORMATION
STATEMENT
CYBER
APPS WORLD INC.
9436
W. Lake Mead Blvd., Ste. 5-53
Las
Vegas NV 89134-8340
Telephone:
702-805-0632
Email:
info@cyberappsworld.com
June
29, 2021
GENERAL
INFORMATION
This
Information Statement has been filed with the Securities and Exchange Commission and is being furnished, pursuant to Section 14C
of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), to the holders (the “Stockholders”)
of the common stock, par value $.00075 per share (the “Common Stock”), of Cyber Apps World Inc., a Nevada Corporation
(the “Company”), to notify such Stockholders of the following:
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1.
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On
June 3, 2021, the Company received written consents in lieu of a meeting of Stockholders
from holders of 128,240,000 shares of common stock representing approximately 54.8% of
the 233,910,970 shares of the total issued and outstanding shares of voting stock of
the Company (the "Majority Stockholders") authorizing the Company to increase
the number of authorized shares of common stock from 1,000,000,000 shares of common stock,
par value $.00075 per share, to 5,000,000,000 shares of common stock, par value $.00075
per share (the “Authorized Share Increase”). The Company currently has no
commitments for the issuance of any shares of common stock or preferred stock, other
than as provided for in existing agreements and instruments to which it is a party. There
will be no change to the number of authorized shares of preferred stock.
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2.
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On
June 3, 2021, the Board of Directors of the Company approved the Authorized Share Increase.
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WE
ARE NOT ASKING YOU FOR A PROXY AND YOU ARE REQUESTED NOT TO SEND A PROXY.
The
entire cost of furnishing this Information Statement will be borne by the Company. The Company will request brokerage houses,
nominees, custodians, fiduciaries and other like parties to forward this Information Statement to the beneficial owners of the
Common Stock held of record by them. The Board of Directors has fixed the close of business on June 3, 2021, as the
record date (the “Record Date”) for the determination of Stockholders who are entitled to receive this Information
Statement.
Each
share of our common stock entitles its holder to one vote on each matter submitted to the stockholders. However, because the stockholders
holding at least a majority of the voting rights of all outstanding shares of capital stock as of the Record Date have voted in
favor of the foregoing actions by resolution; and having sufficient voting power to approve such proposals through their ownership
of the capital stock, no other consents will be solicited in connection with this Information Statement.
You
are being provided with this Information Statement pursuant to Section 14C of the Exchange Act and Regulation 14C and Schedule 14C thereunder,
and, in accordance therewith, the forgoing action will not become effective until at least 20 calendar days after the mailing of this
Information Statement.
ADDITIONAL
INFORMATION
The
Company is subject to the informational requirements of the Securities Exchange Act of 1934, as amended (the “Exchange Act”),
and in accordance therewith files reports, proxy statements and other information including annual and quarterly reports on Form
10-K and 10-Q (the “1934 Act Filings”) with the Securities and Exchange Commission (the “Commission”).
Reports and other information filed by the Company can be inspected and copied at the public reference facilities maintained at
the Commission at 100 F Street, N.E., Washington, DC 20549. Copies of such material can be obtained upon written request addressed
to the Commission, Public Reference Section, 100 F Street, N.E., Washington, D.C. 20549, at prescribed rates. The Commission maintains
a web site on the Internet (http://www.sec.gov) that contains reports, proxy and information statements and other information
regarding issuers that file electronically with the Commission through the Electronic Data Gathering, Analysis and Retrieval System
(“EDGAR”).
OUTSTANDING
VOTING SECURITIES
As
of the date of the Consent by the Majority Stockholders, June 3, 2021, the Company had 233,910,970 shares of common stock issued
and outstanding. Each share of outstanding common stock is entitled to one vote on matters submitted for Stockholder approval.
On
June 3, 2021, the holders of 128,240,000 shares (or approximately 54.8% of the 233,910,970 shares of Common Stock then outstanding)
executed and delivered to the Company a written consent approving the actions set forth herein. Since the action has been approved
by the Majority Stockholders, no proxies are being solicited with this Information Statement.
SECURITY
OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
The
following information table sets forth certain information regarding the Company’s common stock owned on June 3, 2021, by
(i) each who is known by the Company to own beneficially more than 5% of its outstanding Common Stock, (ii) each director and
officer, and (iii) all officers and directors as a group:
Name
of Beneficial Owner
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Number
of
Common Shares Owned
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Percent
of Class (1)
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Kateryna
Malenko (Director)
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82,240,000
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35.16
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%
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Real-Time
Save Online Inc.
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46,000,000
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19.67
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%
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Mohammed
Irfan Rafimiya Kazi (President)
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0
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0.00
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%
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All
officers and directors
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45.82
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%
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(1)
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Applicable
percentage of ownership is based on 233,910,970 shares of common stock outstanding as of June 3, 2021.
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DISSENTER’S
RIGHTS OF APPRAISAL
Section
78.3793 of Nevada Revised Statue (“NRS”) which provides dissenting shareholders with rights to obtain payment of the
fair value of his/her shares in the case of a control share acquisition is not applicable to the matters disclosed in this Information
Statement. Accordingly, dissenting shareholders will not have rights to appraisal in connection with the amendment to the
Articles of Incorporation discussed in this Information Statement.
AMENDMENT
OF ARTICLES OF INCORPORATION TO INCREASE THE AUTHORIZED CAPITAL OF THE COMPANY’S COMMON STOCK AND AMEND ITS ARTICLES OF
INCORPORATION ACCORDINGLY
On June 3, 2021, the Majority Stockholders took
action by written consent to increase the number of authorized shares of common stock from 1,000,000,000 shares of common stock, par
value $.00075 per share, to 5,000,000,000 shares of common stock, par value $.00075 per share. Our Board of Directors has authorized
the increase in authorized capital in order to allow it to comply with terms of various convertible notes with at arm’s length
creditors of the Company that have the right to convert their outstanding debt into the Company’s shares of common stock at a discount
to the current trading price of the Company’s shares.
We
intend to file the Amendment to the Articles of Incorporation with the Secretary of the State of Nevada promptly after the twentieth
day after the date this Information Statement has been sent to stockholders. With the approval of our Majority Stockholders, the amended
Articles will become effective upon the filing with the Secretary of State of Nevada.
This Information Statement is provided to the holders
of common stock of the Company only for information purposes in connection with the forward stock split described herein pursuant to
and in accordance with Rule 14c-2 of the Exchange Act.
By
Order of the Board of Directors
/s/
Mohammed Irfan Rafimiya Kazi
Mohammed
Irfan Rafimiya Kazi
President
& CEO
Cyber Apps World (PK) (USOTC:CYAP)
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