APYP: 8-K · leadership change
Techlott Inc.'s Chairman and Executive Chairman Eldar Grady resigned on October 28, 2026 under a Waiver, Termination and Release Agreement, with CFO Ron Mekler appointed to the Board in his place. Under the separation agreement, Grady waived roughly US$400,438 in accrued consulting fees and the right to subscribe for 638,961,306 shares, but retains 188,300,000 shares (~4.0% fully diluted) at US$0.0001 per share via 3,766 Series B Preferred shares, with anti-dilution protection capped at US$5,000,000 of new value and a 12-month standstill. Separately, the company disclosed its stock was demoted from the OTCQB Venture Market to the OTCID Basic Market on October 2, 2026 after trading below $0.01 for over 30 days, and it is pursuing an increase in authorized shares to 10 billion plus a reverse split, effective on or after November 5, 2026, to try to regain OTCQB eligibility. The settlement removes substantial potential dilution and fee obligations but the leadership churn, penny-stock tier demotion, and reliance on a reverse split underscore the company's financial and listing pressures.
APYP: 8-K · delisting
On July 28, 2026, Techlott Inc. received notice from OTC Markets Group Inc. that the closing bid price of its common stock had been below $0.01 per share for more than 30 consecutive calendar days, causing the stock to fail the continued eligibility criteria for quotation on the OTCQB Venture Market. The company was granted a 90-calendar-day cure period under the OTCQB Standards. To remain quoted, the closing bid must be $0.01 per share or greater for 10 consecutive trading days by October 26, 2026, otherwise the common stock will be removed from the OTCQB Venture Market. Removal would be immediate, with no cure period, if the closing bid falls below $0.001 per share for five consecutive trading days. The notice flags severe distress at the sub-penny issuer and raises the risk of a downgrade to lower OTC quotation tiers.
APYP: 10-Q · periodic report
Techlott Inc. (OTCQB: LOTT; formerly AppYea Inc.) filed its 10-Q for the quarter ended June 30, 2026 reporting zero revenue and a net loss of $1.87 million versus $6,000 a year earlier, driven by post-acquisition amortization of the $21.1 million lottery-technology intangible and a jump in G&A to $496,000. Six-month net loss widened to $3.44 million from $172,000. The company disclosed substantial doubt about its ability to continue as a going concern: cash was just $495,000, management projects existing resources fund operations only through December 2026, the accumulated deficit reached $28.9 million, and the working capital deficit was $9.1 million. A material weakness in internal control over financial reporting (segregation of duties) remains unremediated, and disclosure controls were deemed not effective as of June 30, 2026. Subsequent events deliver the company's first commercial deployment: a five-year Platform License and Services Agreement signed August 6, 2026 with Sunlotto Limited, the exclusive lottery and gaming operator in The Gambia, providing a tiered share of monthly gross revenue plus a monthly minimum payment, with first revenue expected in Q3 2026. Other August 12, 2026 subsequent events: director Boris Molchadsky receives a $10,000-per-month consulting agreement and the transfer of the company's SleepX digital-health stake (49% at execution, 51% upon the earlier of uplisting or June 30, 2027), and stockholders approved increasing authorized shares to 10 billion — dilution risk compounded by an $8.3 million anti-dilution derivative liability tied to the January 2026 $750,000 raise.
APPYEA Inc. Announces Corporate Rebranding: Changes Name to TECHLOTT Inc. and Ticker Symbol to LOTT
AppYea Inc. has officially changed its corporate name to TechLott Inc. and its ticker symbol from APYP to LOTT, effective at market open. The rebranding follows the acquisition of the TechLott technology platform and signals a strategic pivot to providing infrastructure for regulated lottery and draw-based gaming markets. The company’s NeoDraw architecture is designed to offer modular, API-based integration for licensed operators, allowing them to modernize draw products without replacing legacy core systems.
AppYea, Inc. reported a net loss of $1.57 million for the quarter ended March 31, 2026, driven by $533,000 in amortization of acquired intangible assets and $413,000 in general and administrative expenses. The company generated no revenue during the period, having pivoted from its legacy digital health business to a blockchain-based lottery platform following the acquisition of Techlott IP in late 2025. The filing includes explicit going-concern language, stating that the company’s recurring losses, negative cash flows, and accumulated deficit of $27 million raise substantial doubt about its ability to continue as a going concern. Management disclosed that it will require additional capital to fund operations beyond December 2026, with no assurance that such funding will be available on commercially reasonable terms. In January 2026, the company raised $750,000 in gross proceeds from four qualified investors through the issuance of common stock and warrants. Despite this capital infusion, the company reported a working capital deficit of $7.9 million and disclosed a material weakness in internal control over financial reporting related to segregation of duties, which remains unremediated.
AppYea Completes Core ‘NEO' Modular Infrastructure Layer
