Company: AAPI
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001477932-25-008337
Chunk: 8

Company: Apple iSports Group, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part II, Item 8
Chunk 8
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 at a conversion price equal to the pre-money investment (as defined in the agreement) divided by the aggregate number of fully diluted shares of Seaport Inc.’s common stock as of the conversion date. As of September 30, 2025, the Company had loaned $80,000 to SeaPort, Inc. with an annual interest rate of 5% per year. The loan is structured with several maturity dates of March 6, 2027, April 29, 2027, and May 28, 2027. During the three and nine months ended September 30, 2025, the Company recorded $1,008 and $2,992 in interest income related to the loan, respectively. As of September 30, 2025, the Company has accrued $5,990 of interest income related to the loan. During the three months ended September 30, 2024, the Company has accrued $1,008 of interest income related to the loan.

 F-9Table of Contents

NOTE 5. RELATED PARTIES Related Party Payables Related Party Note September 30,2025  December 31, 2024 Cres Discretionary Trust No. 2 (a) $1,462,714  $3,064,914 Apple iSports Investment Group Pty (b)  172,144   161,975 ABA Investment Group Pty Ltd (c)  297,615   280,033 Utti Oco Pty Ltd (d)  68,970   68,970 Mt. Wills Gold Mines Pty Ltd (e)  21,550   21,550 Total loan payable    2,022,993   3,597,442            Cres Discretionary Trust No. 2 (a)  23,229   125,222 Apple iSports Investment Group Pty (b)  16,977   12,379 ABA Investment Group Pty Ltd (c)  24,203   16,559 Total accrued interest    64,409   154,160            Due to Director (f)  4,999   4,999 Total Due to related party   $4,999  $4,999     Three Months Ended  Nine Months Ended    September 30,  September 30,