Company: AAPI
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001477932-25-005799
Chunk: 59

Company: Apple iSports Group, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part II, Item 8
Chunk 59
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-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 June 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 six months ended June 30, 2025, the Company recorded $997 and $1,984 in interest income related to the loan, respectively. As of June 30, 2025, the Company has accrued $4,982 of interest income related to the loan. During the three months ended June 30, 2024, the Company has accrued $171 of interest income related to the loan.

 F-9Table of Contents

NOTE 5. RELATED PARTIES Related Party Payables Related Party Note June 30, 2025  December 31, 2024 Cres Discretionary Trust No. 2 (a) $1,263,138  $3,064,914 Apple iSports Investment Group Pty (b)  171,427   161,975 ABA Investment Group Pty Ltd (c)  296,375   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    1,821,460   3,597,442            Cres Discretionary Trust No. 2 (a)  13,002   125,222 Apple iSports Investment Group Pty (b)  15,624   12,379 ABA Investment Group Pty Ltd (c)  21,885   16,559 Total accrued interest    50,511   154,160            Due to Director (f)  4,999   4,999 Total Due to related party   $4,999  $4,999     Three Months Ended  Six Months Ended    June 30,  June 30,    2025  2024  2025