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Cyber Apps World (CYAP) Enters Agreement to Acquire 50% Interest in Scalable Work-From-Home HR Software Solution for Launch and Subsequent Spin Off phoenixherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from phoenixherald.com Daily Mail and Mail on Sunday newspapers.
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LAS VEGAS, NV / ACCESSWIRE / March 16, 2021 / Cyber Apps World Inc. (OTC PINK:CYAP) ( Cyber Apps or the Company ) (Cyberappsworld.com), an acquirer and developer of innovative cyber technologies with the potential for disruptive scalability and eventual spin-off success, is excited to announce that the Company has entered into an agreement to acquire a 50% interest in Privacy and Value , a technology solution geared toward management of remote workers with an emphasis on balancing privacy and productivity concerns.
Once the acquisition and development are complete, the Company plans to file an S-1 registration statement and spin off its interest in Privacy and Value as a separate trading entity, benefitting CYAP shareholders through proportional issuance and allocation of shares. The Company recently released an explanatory video detailing this spin-off process (related to its WarpSpeed Taxi project, which is another solution in late-stage development at Cyber Apps).