Company: MYSEW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004290
Chunk: 769

Company: Myseum, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 5
Chunk 769
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 innovative social media platform that brings a fresh approach to digital media and content management,
allowing users to create a digital legacy that can be easily shared today and with future generations. Backed by AI technology and proprietary
software, the multi-tiered social media ecosystem enables individuals, families, and other groups to store and share digital content such
as messages, photos, videos, and documents within a highly secure and private family library. Myseum allows users to create amazing
albums and galleries for everyone to see, create special private and secure galleries with limited access, personalize a user’s
newsfeed with updates from other Myseums and leave time released video messages for both now and future generations.

RPM Interactive, Inc.

In October 2024, our majority owned subsidiary,
Dragon Interact, Inc. (“Dragon”), entered into a Share Exchange Agreement with RPM Interactive,
Inc., a Florida corporation (“RPM”), pursuant to which Dragon acquired 100% of the equity interests of RPM, including all
assets of RPM in consideration for the issuance of 3,500,000 restricted shares of Dragon’s common stock. RPM’s assets included
an artificial intelligence (“AI”) tool used for publishing AI-generated consumer gaming and podcasting/vodcasting applications
and certain intellectual property. As part of the acquisition, Dragon has changed its corporate name to RPM Interactive, Inc. (“RPM
Interactive”) and shifted its focus to developing AI-driven podcast and gaming technologies. 

Following
the acquisition, in January 2025, we returned 3,500,000 shares of the RPM Interactive common stock held by us to RPM Interactive,
which shares were cancelled and are no longer outstanding on RPM Interactive’s stock ledger. Following these transactions, we hold
9,000,000 shares of the RPM Interactive’s common stock, or approximately 34% of its outstanding shares.

The Habytat

Prior ot the acquisition of RPM, we had developed
and launched, in November 2022, the Habytat, a virtual space that blends real world and virtual realities into one, in real time, using
emerging technology like virtual and augmented reality, to create a highly immersive 3D environment. We had further contemplated spinning-off
our Habytat platform business into a new standalone public company pursuant to a distribution of the shares of the our shareholders. As
discussed above, following our acquisition of RPM in October 2024, we ceased our development of the Habytat platform and are evaluating
ways to utilize the technology that