APYP
APPYEA, Inc.

APYP to hold Annual Shareholder Meeting instead of Zoom Call.

Boca Raton, FL (OTC Ticker: APYP) Appyea, Inc, on January 28, 2021, announced the entry into a non-binding Letter of Intent (LOI) for the acquisition of SleepX Ltd. from Israel. AppYea is currently incorporated in the state of South Dakota. Management has been advised based upon the current South Dakota Corporate Statues not to take any of the necessary corporate actions, make any public statements or conclude a merger/acquisition until a minimum of 60 days after mailing public notice of the Annual Shareholders Meeting. AppYea expects to publish the Proxy Statement for the Annual Meeting on or about the week of March 15, 2021.

The AppYea Inc. Annual Shareholders Meeting Proxy expects to ask for your shareholder vote for the following items; there could be additions and subtraction to the proxy:

• We intend to request your vote to approve AppYea Inc.'s reincorporation from South Dakota into the state of Nevada or Wyoming.
• AppYea Inc. intends to ask for your approval to renaming the Corporation in conjunction with the process to reincorporate the Company.
• We will be requesting approval for AppYea Inc.'s corporate right to engage in a merger and the Company's capital plan to accommodate any acquisition or series of investments for the next year.
• Election of the Board of Directors for Fiscal Year 2021-2022, Approving staggered terms for Board of Directors and approving the expansion of Board seats to recruit more Independent Directors.

Information regarding AppYea plan to change the Company's SEC Auditor with the allowance; the new Auditor could reside outside the United States of America contingent. The new Auditor has the professional accreditation to qualify as an SEC auditor to file Appyea Inc.'s financial reports according to the 1934 Act. AppYea intends to change the Fiscal Year-End to March 31 from June 30. AppYea will continue reporting its financial obligations with OTC Markets until the Company's financial records are in a position to comply with SEC reporting requirements.

Only holders of record of shares of Class A Common Stock and Series A Preferred Shares at the close of business on Shareholder of the Record Date will be entitled to vote at our Annual Meeting and at any adjournment or postponement of that meeting. Each share of common stock is entitled to one vote, and each share of Series A Preferred Stock is entitled to 1,000 votes.

AppYea Inc. expects to host the Annual Meeting through virtual means to consider shareholder safety and Covid Protocols.

• There will be no Zoom call on February 18, 2021.
• There will be no increase to the authorized common shares until proper legal disclosure is provided to the shareholders, as discussed above.
• There will be no reverse split of the common shares until proper legal disclosure is provided to the shareholders, as discussed above.
• The Company can not complete any merger until proper legal disclosure is provided to the shareholders, as discussed above.
• As the controlling shareholder, Todd Violette retains the right to engage in a binding agreement with interested third parties to acquire his shares. If a third party executes a transaction for Mr. Violette's shares, there is a potential change of control.

Forward-Looking Statement

This Press Release includes forward-looking statements. In particular, the words "believes," "expects," "intends," "plans," "anticipates," or "may," and similar conditional expressions are intended to identify forward-looking statements. Any statements made in this news release about an action, event, or development are forward-looking statements. Such statements are based upon assumptions that may prove not to have been accurate and are subject to significant risks and uncertainties in the future. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it can give no assurance that its forward-looking statements will prove to be correct. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company, including, but not limited to the ability of the parties to close the transaction contemplated by the non-binding Letter of Intent (the “LOI”), and enter into definitive agreements, on a timely basis, if at all; the occurrence of any event, change or other circumstances that could give rise to the right of one or all of the parties to the LOI or the definitive agreements (collectively, the “LOI Parties”) to terminate the LOI or definitive agreements (if entered into); the effect of such terminations; the outcome of any legal proceedings that may be instituted against LOI Parties or their respective affiliates; the ability to obtain regulatory and other approvals and meet other closing conditions to the definitive agreement on a timely basis or at all, including the risk that regulatory and other approvals required for the definitive agreement are not obtained on a timely basis or at all, or are obtained subject to conditions that are not anticipated or that could adversely affect the combined company or the expected benefits of the transaction; prevailing economic, market, regulatory or business conditions, or changes in such conditions, negatively affecting the parties; the Company’s need to raise capital to realize its business plans;  risks associated with COVID-19 and the global response thereto; risks that the transaction disrupts the Company’s or SleepX’s current plans and operations; failing to fully realize anticipated cost savings and other anticipated benefits of the planned acquisition when expected or at all; potential adverse reactions or changes to business relationships resulting from the announcement or completion of the proposed transaction; the ability of SleepX and the Company to retain and hire key personnel; the diversion of management’s attention from ongoing business operations; uncertainty as to the long-term value of the common stock of the combined company following the planned acquisition; the significant dilution which will be created to ownership interests of the Company in connection with the closing of the transactions contemplated by the LOI; the continued availability of capital and financing following the transaction; the ability of the Company to obtain sufficient funding to support its operations through the closing date of the transaction; and the business, economic and political conditions in the markets in which LOI Parties operate. Investors are cautioned that any forward-looking statements are not guarantees of future performance, and actual results or developments may differ materially from those projected. The forward-looking statements in this press release are made as of the date hereof. The Company takes no obligation to update or correct its forward-looking statements, except as required by law.  The Company also takes no obligation to update or correct information prepared by third parties not paid for by the Company.

Contact information:
Investor Relations
Phone: 800-674-3561 Ext 704 text messaging is available also.

Email: info@appyea.com