Appyea Inc (APYP)

[plutoniumimplosion]

From the DECN Quarterly report.

In September 2016 we were contacted by a shell company, Appyea, Inc. to complete an M&A transaction that would have led to the company’s merger with that company under the terms of 96.5% / 3.5% (about standard for these type of trasactions), terms that were offered by Appyea, Inc. A confidential Preliminary Agreement was executed and then breached by Appyea, Inc. when Appyea decided to raise capital and dilute their stock by approximately 50% during a well defined “stand still” period, using the rumors of a merger to propel their stock. The company has received several offers from Appyea, Inc. as a break-up consideration, which we have found unacceptable. The company has forwarded our final demand of settlement.