Page 1 of 3

UNITED STATES BANKRUPTCY COURT 

SOUTHERN DISTRICT OF FLORIDA 

MIAMI-DADE DIVISION 

www.flsb.uscourts.gov 

IN RE: 

 Case No.: 21-19692-LMI 

BRAINY APPS, LLC, Chapter 11 

 Debtor-in-Possession, 

 /

DEBTOR’S AMENDMENT TO SCHEDULE D: CREDITORS WHO 

HAVE CLAIMS SECURED BY PROPERTY; SCHEDULE E/F: 

CREDITORS WHO HAVE UNSECURED CLAIMS; SUMMARY OF 

ASSETS AND LIABILITIES FOR NON-INDIVIDUALS;

AND STATEMENT OF FINANCIAL AFFAIRS 

BRAINY APPS, LLC (the “Debtor”), by and through undersigned counsel, and hereby 

files this Amendment to Schedule D: Creditors Who Have Claims Secured by Property; Schedule 

E/F: Creditors Who Have Unsecured Claims; Summary of Assets and Liabilities for NonIndividuals; and Statement of Financial Affairs as follows: 

1. Schedule D: Creditors Who Have Claims Secured by Property is amended to 

add the Funding Circle a/k/a FC Marketplace in the amount of $20,000.00. This debt is moved 

from Schedule E/F.

2. Schedule E/F: Creditors Who Have Unsecured Claims is amended to add the 

following creditors as priority creditors:

Main address: Internal Revenue Service

 PO Box 7346 

 Philadelphia PA 19101-7346

Additional notice: Internal Revenue Service

7850 SW 6th Court, #5730 

 Plantation Fl 33324 

 Main address: Florida Department of Revenue 

 PO Box 6668 

Case 21-19692-LMI Doc 55 Filed 12/27/21 Page 1 of 17
Page 2 of 3

Tallahassee Fl 32314-6668 

Additional notice: Florida Department of Revenue 

8175 NW 12th Street, Suite 119 

Doral FL 33126-1828 

Updated the following creditors to check the boxes: contingent unliquidated, disputed

Bashar Al-Hussaini 

FunBox 

Kabbage, Inc. 

Outshine Innovations, LLC 

Stripe Capital 

3. Statement of Financial Affairs is amended at Part 6: Question 11 is updated to

reflect the payment to Van Horn Law Group, P.A. as $5,000.00 for attorney fee retainer, and 

$1,738.00 for filing fee for a total of $6,738.00.

4. Summary of Assets and Liabilities is amended to reflect the changes above.

BRAINY APPS, LLC 

By:

John Edward Lakatis 

Its: Co-Founder 

Dated: December 23, 2021. 

VAN HORN LAW GROUP, P.A.

500 NE 4th St., Suite 200

Fort Lauderdale, FL 33301 

Telephone: (954) 765-3166 

Facsimile: (954) 756-7103 

Email: Chad@cvhlawgroup.com 

By: /s/ Chad Van Horn, Esq. 

Chad Van Horn, Esq. 

Florida Bar No. 64500 

Case 21-19692-LMI Doc 55 Filed 12/27/21 Page 2 of 17
Page 3 of 3

CREDITOR MATRIX CHANGES

Additional Creditors: 

FC Marketplace, LLC

747 Front St Fl 4

San Francisco, CA 94111-1922

Internal Revenue Service

PO Box 7346 

Philadelphia PA 19101-7346

with additional notice to:

Internal Revenue Service

7850 SW 6th Ct # 5730

Plantation, FL 33324-3202 

Florida Department of Revenue 

PO Box 6668 

Tallahassee FL 32314-6668

with additional notice to: 

Florida Department of Revenue 

8175 NW 12th Street, Suite 119 

Doral FL 33126-1828 

Case 21-19692-LMI Doc 55 Filed 12/27/21 Page 3 of 17
Fill in this information to identify the case:

Debtor name Brainy Apps, LLC

United States Bankruptcy Court for the: SOUTHERN DISTRICT OF FLORIDA, MIAMI DIVISION

Case number (if known) 21-19692-LMI

 Check if this is an

amended filing

Official Form 206D

Schedule D: Creditors Who Have Claims Secured by Property 12/15

Be as complete and accurate as possible.

1. Do any creditors have claims secured by debtor's property?

 No. Check this box and submit page 1 of this form to the court with debtor's other schedules. Debtor has nothing else to report on this form.

 Yes. Fill in all of the information below.

Part 1: List Creditors Who Have Secured Claims

2. List in alphabetical order all creditors who have secured claims. If a creditor has more than one secured

claim, list the creditor separately for each claim.

Column A

Amount of claim

Do not deduct the value

of collateral.

Column B

Value of collateral

that supports this

claim

2.1 Funding Circle aka FC

Marketplace Describe debtor's property that is subject to a lien $20,000.00 $1,311.63

Creditor's Name Chase Bank

707 17th St Ste 2200

Denver, CO 80202-3404

Creditor's mailing address Describe the lien

Is the creditor an insider or related party?

 No

Creditor's email address, if known  Yes

Is anyone else liable on this claim?

Date debt was incurred  No

 Yes. Fill out Schedule H: Codebtors (Official Form 206H)

Last 4 digits of account number

0250

Do multiple creditors have an

interest in the same property?

As of the petition filing date, the claim is:

Check all that apply

 No  Contingent

 Unliquidated

 Disputed

 Yes. Specify each creditor,

including this creditor and its relative

priority.

3. Total of the dollar amounts from Part 1, Column A, including the amounts from the Additional Page, if any. $20,000.00

Part 2: List Others to Be Notified for a Debt Already Listed in Part 1

List in alphabetical order any others who must be notified for a debt already listed in Part 1. Examples of entities that may be listed are collection agencies,

assignees of claims listed above, and attorneys for secured creditors.

If no others need to notified for the debts listed in Part 1, do not fill out or submit this page. If additional pages are needed, copy this page.

Name and address On which line in Part 1 did you

enter the related creditor?

Last 4 digits of

account number for

this entity

FC Marketplace, LLC

747 Front St Fl 4

San Francisco, CA 94111-1922

Line 2.1 0250

Official Form 206D Schedule D: Creditors Who Have Claims Secured by Property page 1 of 1

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Case 21-19692-LMI Doc 55 Filed 12/27/21 Page 4 of 17
Fill in this information to identify the case: Debtor name Brainy Apps, LLC

United States Bankruptcy Court for the: SOUTHERN DISTRICT OF FLORIDA, MIAMI DIVISION

Case number (if known) 21-19692-LMI

 Check if this is an

amended filing

Official Form 206E/F

Schedule E/F: Creditors Who Have Unsecured Claims 12/15

Be as complete and accurate as possible. Use Part 1 for creditors with PRIORITY unsecured claims and Part 2 for creditors with NONPRIORITY unsecured claims.

List the other party to any executory contracts or unexpired leases that could result in a claim. Also list executory contracts on Schedule A/B: Assets - Real and

Personal Property (Official Form 206A/B) and on Schedule G: Executory Contracts and Unexpired Leases (Official Form 206G). Number the entries in Parts 1 and 2

in the boxes on the left. If more space is needed for Part 1 or Part 2, fill out and attach the Additional Page of that Part included in this form.

Part 1: List All Creditors with PRIORITY Unsecured Claims

1. Do any creditors have priority unsecured claims? (See 11 U.S.C. § 507).  No. Go to Part 2.

 Yes. Go to line 2.

2. List in alphabetical order all creditors who have unsecured claims that are entitled to priority in whole or in part. If the debtor has more than 3 creditors with

priority unsecured claims, fill out and attach the Additional Page of Part 1.

Total claim Priority amount

2.1 Priority creditor's name and mailing address As of the petition filing date, the claim is: unknown $0.00

Florida Department of Revenue

PO Box 6668

Tallahassee, FL 32314-6668

Check all that apply.

 Contingent

 Unliquidated

 Disputed

Date or dates debt was incurred Basis for the claim:

Taxes

Last 4 digits of account number

Specify Code subsection of PRIORITY

unsecured claim: 11 U.S.C. § 507(a) (8)

Is the claim subject to offset?

 No

Yes

2.2 Priority creditor's name and mailing address As of the petition filing date, the claim is: unknown $0.00

Internal Revenue Services

PO Box 7346

Philadelphia, PA 19101-7346

Check all that apply.

 Contingent

 Unliquidated

 Disputed

Date or dates debt was incurred Basis for the claim:

Taxes

Last 4 digits of account number

Specify Code subsection of PRIORITY

unsecured claim: 11 U.S.C. § 507(a) (8)

Is the claim subject to offset?

 No

Yes

Part 2: List All Creditors with NONPRIORITY Unsecured Claims

3. List in alphabetical order all of the creditors with nonpriority unsecured claims. If the debtor has more than 6 creditors with nonpriority unsecured claims, fill

out and attach the Additional Page of Part 2.

Amount of claim

Official Form 206E/F Schedule E/F: Creditors Who Have Unsecured Claims page 1 of 3

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Case 21-19692-LMI Doc 55 Filed 12/27/21 Page 5 of 17
Debtor Brainy Apps, LLC Case number (if known) 21-19692-LMI Name

3.1 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $50,372.64

Bashar Al-Hussaini c/o

The Lomnitzer Law Firm, P.A.

7999 N Federal Hwy Ste 202

Boca Raton, FL 33487-1673

Date(s) debt was incurred 05/19/2019 

Last 4 digits of account number 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset? No Yes

3.2 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $29,494.00

FunBox

6900 Dallas Pkwy Ste 700

Plano, TX 75024-7188

Date(s) debt was incurred 

Last 4 digits of account number 5853 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset? No Yes

3.3 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $76,808.00

Kabbage, Inc.

925B Peachtree St NE Ste 1688

Atlanta, GA 30309-4498

Date(s) debt was incurred 

Last 4 digits of account number 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset? No Yes

3.4 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $38,800.00

Outshine Innovations, LLC

28509 36th Ave S

Auburn, WA 98001-1009

Date(s) debt was incurred 07/05/2018 

Last 4 digits of account number 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset? No Yes

3.5 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. $51,682.00

Stripe Capital

510 Townsend St

San Francisco, CA 94103-4918

Date(s) debt was incurred 

Last 4 digits of account number 

 Contingent

 Unliquidated

 Disputed

Basis for the claim: 

Is the claim subject to offset? No Yes

Part 3: List Others to Be Notified About Unsecured Claims

4. List in alphabetical order any others who must be notified for claims listed in Parts 1 and 2. Examples of entities that may be listed are collection agencies, assignees

of claims listed above, and attorneys for unsecured creditors.

If no others need to be notified for the debts listed in Parts 1 and 2, do not fill out or submit this page. If additional pages are needed, copy the next page.

Name and mailing address On which line in Part1 or Part 2 is the

related creditor (if any) listed?

Last 4 digits of

account number, if

any

4.1 David J. Yaffe, Esq.

Blilie Law

235 Lincoln Rd Ste 310

Miami Beach, FL 33139-3141

Line 3.4 

 Not listed. Explain 

4.2 Florida Department of Revenue

8175 NW 12th St Ste 119

Doral, FL 33126-1828

Line 2.1 

 Not listed. Explain 

Official Form 206 E/F Schedule E/F: Creditors Who Have Unsecured Claims Page 2 of 3

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Case 21-19692-LMI Doc 55 Filed 12/27/21 Page 6 of 17
Debtor Brainy Apps, LLC Case number (if known) 21-19692-LMI Name Name and mailing address On which line in Part1 or Part 2 is the

related creditor (if any) listed?

Last 4 digits of

account number, if

any

4.3 Internal Revenue Service

7850 SW 6th Ct # 5730

Plantation, FL 33324-3202

Line 2.2 

 Not listed. Explain 

4.4 Lincoln & Morgan, LLC

Frank Ward UCC Lien Dept.

600 W Broadway Ste 700

San Diego, CA 92101-3370

Line 3.3 

 Not listed. Explain 

4.5 National Check Resolution, Inc.

505 Lakeland Plz Ste 347

Cumming, GA 30040-2807

Line 3.3 

 Not listed. Explain 

4.6 RevX Solutions, llc

10000 Sagemore Dr Ste 10202

Marlton, NJ 08053-3944

Line 3.2 

 Not listed. Explain 

 5853 

4.7 The Lomnitzer Law Firm, P.A.

7999 N Federal Hwy Ste 202

Boca Raton, FL 33487-1673

Line 3.1 

 Not listed. Explain 

Part 4: Total Amounts of the Priority and Nonpriority Unsecured Claims

5. Add the amounts of priority and nonpriority unsecured claims.

Total of claim amounts

5a. Total claims from Part 1 5a. $ 0.00

5b. Total claims from Part 2 5b. + $ 247,156.64

5c. Total of Parts 1 and 2

 Lines 5a + 5b = 5c. 5c. $ 247,156.64

Official Form 206 E/F Schedule E/F: Creditors Who Have Unsecured Claims Page 3 of 3

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Case 21-19692-LMI Doc 55 Filed 12/27/21 Page 7 of 17
Fill in this information to identify the case:

Debtor name Brainy Apps, LLC

United States Bankruptcy Court for the: SOUTHERN DISTRICT OF FLORIDA, MIAMI DIVISION

Case number (if known) 21-19692-LMI

 Check if this is an

amended filing

Official Form 206Sum

Summary of Assets and Liabilities for Non-Individuals 12/15

Part 1: Summary of Assets

1. Schedule A/B: Assets-Real and Personal Property (Official Form 206A/B)

1a. Real property:

 Copy line 88 from Schedule A/B............................................................................................................................. $ 0.00

1b. Total personal property:

 Copy line 91A from Schedule A/B......................................................................................................................... $ 1,311.63

1c. Total of all property:

 Copy line 92 from Schedule A/B........................................................................................................................... $ 1,311.63

Part 2: Summary of Liabilities

2. Schedule D: Creditors Who Have Claims Secured by Property (Official Form 206D)

Copy the total dollar amount listed in Column A, Amount of claim, from line 3 of Schedule D.................................... $ 20,000.00

3. Schedule E/F: Creditors Who Have Unsecured Claims (Official Form 206E/F)

3a. Total claim amounts of priority unsecured claims:

 Copy the total claims from Part 1 from line 5a of Schedule E/F.......................................................................... $ 0.00

3b. Total amount of claims of nonpriority amount of unsecured claims:

 Copy the total of the amount of claims from Part 2 from line 5b of Schedule E/F................................................ +$ 247,156.64

4. Total liabilities ....................................................................................................................................................... Lines 2 + 3a + 3b $ 267,156.64

Official Form 206Sum Summary of Assets and Liabilities for Non-Individuals page 1

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Case 21-19692-LMI Doc 55 Filed 12/27/21 Page 8 of 17
Fill in this information to identify the case:

Debtor name Brainy Apps, LLC

United States Bankruptcy Court for the: SOUTHERN DISTRICT OF FLORIDA, MIAMI DIVISION

Case number (if known) 21-19692-LMI

 Check if this is an

amended filing

Official Form 202

Declaration Under Penalty of Perjury for Non-Individual Debtors 12/15

An individual who is authorized to act on behalf of a non-individual debtor, such as a corporation or partnership, must sign and submit this form

for the schedules of assets and liabilities, any other document that requires a declaration that is not included in the document, and any

amendments of those documents. This form must state the individual’s position or relationship to the debtor, the identity of the document, and

the date. Bankruptcy Rules 1008 and 9011.

WARNING -- Bankruptcy fraud is a serious crime. Making a false statement, concealing property, or obtaining money or property by fraud in

connection with a bankruptcy case can result in fines up to $500,000 or imprisonment for up to 20 years, or both. 18 U.S.C. §§ 152, 1341, 1519,

and 3571.

Declaration and signature

I am the president, another officer, or an authorized agent of the corporation; a member or an authorized agent of the partnership; or another individual

serving as a representative of the debtor in this case.

I have examined the information in the documents checked below and I have a reasonable belief that the information is true and correct:

 Schedule A/B: Assets–Real and Personal Property (Official Form 206A/B)

 Schedule D: Creditors Who Have Claims Secured by Property (Official Form 206D)

 Schedule E/F: Creditors Who Have Unsecured Claims (Official Form 206E/F)

 Schedule G: Executory Contracts and Unexpired Leases (Official Form 206G)

 Schedule H: Codebtors (Official Form 206H)

 Summary of Assets and Liabilities for Non-Individuals (Official Form 206Sum)

 Amended Schedule

 Chapter 11 or Chapter 9 Cases: List of Creditors Who Have the 20 Largest Unsecured Claims and Are Not Insiders (Official Form 204)

 Other document that requires a declaration

I declare under penalty of perjury that the foregoing is true and correct.

Executed on December 23, 2021 X

Signature of individual signing on behalf of debtor

John Edward Lakatis

Printed name

Co-Founder

Position or relationship to debtor

Statement of Financial Affairs 

Case 21-19692-LMI Doc 55 Filed 12/27/21 Page 9 of 17
 Fill in this information to identify the case: Debtor name Brainy Apps, LLC

United States Bankruptcy Court for the: SOUTHERN DISTRICT OF FLORIDA, MIAMI DIVISION

Case number (if known) 21-19692-LMI

 Check if this is an

amended filing

Official Form 207

Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy 04/19

The debtor must answer every question. If more space is needed, attach a separate sheet to this form. On the top of any additional pages, write

the debtor’s name and case number (if known).

Part 1: Income

1. Gross revenue from business  None.

Identify the beginning and ending dates of the debtor’s fiscal year, which may be a calendar year Sources of revenue Check all that applyGross revenue

(before deductions and

exclusions)

From the beginning of the fiscal year to filing date:

From 1/01/2021 to Filing Date

 Operating a business $1,065,924.00

 Other

For prior year:

From 1/01/2020 to 12/31/2020

 Operating a business $1,270,442.00

 Other

For year before that:

From 1/01/2019 to 12/31/2019

 Operating a business $2,054,533.00

 Other

2. Non-business revenue

Include revenue regardless of whether that revenue is taxable. Non-business income may include interest, dividends, money collected from lawsuits, and

royalties. List each source and the gross revenue for each separately. Do not include revenue listed in line 1.  None.

Description of sources of revenue Gross revenue from

each source

(before deductions and

exclusions)

Part 2: List Certain Transfers Made Before Filing for Bankruptcy

3. Certain payments or transfers to creditors within 90 days before filing this case

List payments or transfers--including expense reimbursements--to any creditor, other than regular employee compensation, within 90 days before filing this

case unless the aggregate value of all property transferred to that creditor is less than $6,825. (This amount may be adjusted on 4/01/22 and every 3 years after that with respect to cases filed on or after the date of adjustment.)

 None.

Creditor's Name and Address Dates Total amount of value Reasons for payment or transfer Check all that apply

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 1

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Case 21-19692-LMI Doc 55 Filed 12/27/21 Page 10 of 17
Debtor Brainy Apps, LLC Case number (if known) 21-19692-LMI

Creditor's Name and Address Dates Total amount of value Reasons for payment or transfer Check all that apply

3.1. Stripe Capital

510 Townsend St

San Francisco, CA 94103-4918

9/1/2021

8/1/2021

7/1/2021

$18,400.00 Secured debt

Unsecured loan repayments Suppliers or vendors Services  Other

4. Payments or other transfers of property made within 1 year before filing this case that benefited any insider List payments or transfers, including expense reimbursements, made within 1 year before filing this case on debts owed to an insider or guaranteed or cosigned by an insider unless the aggregate value of all property transferred to or for the benefit of the insider is less than $6,825. (This amount may be

adjusted on 4/01/22 and every 3 years after that with respect to cases filed on or after the date of adjustment.) Do not include any payments listed in line 3.

Insiders include officers, directors, and anyone in control of a corporate debtor and their relatives; general partners of a partnership debtor and their

relatives; affiliates of the debtor and insiders of such affiliates; and any managing agent of the debtor. 11 U.S.C. § 101(31).  None.

Insider's name and address Relationship to debtor Dates Total amount of value Reasons for payment or transfer

5. Repossessions, foreclosures, and returns

List all property of the debtor that was obtained by a creditor within 1 year before filing this case, including property repossessed by a creditor, sold at a

foreclosure sale, transferred by a deed in lieu of foreclosure, or returned to the seller. Do not include property listed in line 6.  None

Creditor's name and address Describe of the Property Date Value of property

6. Setoffs

List any creditor, including a bank or financial institution, that within 90 days before filing this case set off or otherwise took anything from an account of the

debtor without permission or refused to make a payment at the debtor’s direction from an account of the debtor because the debtor owed a debt.  None

Creditor's name and address Description of the action creditor took Date action was

taken Amount

Part 3: Legal Actions or Assignments

7. Legal actions, administrative proceedings, court actions, executions, attachments, or governmental audits

List the legal actions, proceedings, investigations, arbitrations, mediations, and audits by federal or state agencies in which the debtor was involved in any

capacity—within 1 year before filing this case.  None.

Case title Case number Nature of case Court or agency's name and

address Status of case

7.1. Bashar Al-Hussaini

vs.

Brainy Apps, LLC

2021-004620-CA-001

Contract &

Indebtedness

Miami Dade Clerk of Courts  Pending

 On appeal

 Concluded

7.2. Outshine Innovations, LLC

vs.

Brainy Apps, LLC

2019-020271-CA-01

Contract &

Indebtedness

Miami Dade Clerk of Court  Pending

 On appeal

 Concluded

8. Assignments and receivership

List any property in the hands of an assignee for the benefit of creditors during the 120 days before filing this case and any property in the hands of a

receiver, custodian, or other court-appointed officer within 1 year before filing this case.

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 2

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Case 21-19692-LMI Doc 55 Filed 12/27/21 Page 11 of 17
Debtor Brainy Apps, LLC Case number (if known) 21-19692-LMI

 None

Part 4: Certain Gifts and Charitable Contributions

9. List all gifts or charitable contributions the debtor gave to a recipient within 2 years before filing this case unless the aggregate value of the gifts to that recipient is less than $1,000

 None

Recipient's name and address Description of the gifts or contributions Dates given Value

Part 5: Certain Losses

10. All losses from fire, theft, or other casualty within 1 year before filing this case.  None

Description of the property lost and how

the loss occurred

Amount of payments received for the loss

If you have received payments to cover the loss, for example, from insurance, government compensation, or

tort liability, list the total received.

List unpaid claims on Official Form 106A/B (Schedule

A/B: Assets – Real and Personal Property).

Dates of loss Value of property

lost

Part 6: Certain Payments or Transfers

11. Payments related to bankruptcy

List any payments of money or other transfers of property made by the debtor or person acting on behalf of the debtor within 1 year before the filing of this

case to another person or entity, including attorneys, that the debtor consulted about debt consolidation or restructuring, seeking bankruptcy relief, or filing

a bankruptcy case.  None.

Who was paid or who received the

transfer?

Address

If not money, describe any property transferred Dates Total amount or value

11.1. Van Horn Law Group, P.A

500 NE 4th St Ste 200

Fort Lauderdale, FL

33301-1163

Attorney fee $5,000.00; Filing Fee

$1,738.00 9/17/2021 $5,000.00

Email or website address

Who made the payment, if not debtor?

12. Self-settled trusts of which the debtor is a beneficiary

List any payments or transfers of property made by the debtor or a person acting on behalf of the debtor within 10 years before the filing of this case to a

self-settled trust or similar device. Do not include transfers already listed on this statement.  None.

Name of trust or device Describe any property transferred Dates transfers were made Total amount or value

13. Transfers not already listed on this statement

List any transfers of money or other property by sale, trade, or any other means made by the debtor or a person acting on behalf of the debtor within 2

years before the filing of this case to another person, other than property transferred in the ordinary course of business or financial affairs. Include both

outright transfers and transfers made as security. Do not include gifts or transfers previously listed on this statement.

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 3

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Case 21-19692-LMI Doc 55 Filed 12/27/21 Page 12 of 17
Debtor Brainy Apps, LLC Case number (if known) 21-19692-LMI

 None.

Who received transfer?

Address Description of property transferred or payments received or debts paid in exchange Date transfer was made Total amount or value

Part 7: Previous Locations

14. Previous addresses

List all previous addresses used by the debtor within 3 years before filing this case and the dates the addresses were used.  Does not apply

Address Dates of occupancy

From-To

14.1. 14125 NW 80th Ave Ste 201

Miami Lakes, FL 33016-2351

2016-9/2020

Part 8: Health Care Bankruptcies

15. Health Care bankruptcies

Is the debtor primarily engaged in offering services and facilities for:

- diagnosing or treating injury, deformity, or disease, or

- providing any surgical, psychiatric, drug treatment, or obstetric care?

 No. Go to Part 9.

 Yes. Fill in the information below.

Facility name and address Nature of the business operation, including type of services the debtor providesIf debtor provides meals

and housing, number of

patients in debtor’s care

Part 9: Personally Identifiable Information

16. Does the debtor collect and retain personally identifiable information of customers?

 No.

 Yes. State the nature of the information collected and retained.

17. Within 6 years before filing this case, have any employees of the debtor been participants in any ERISA, 401(k), 403(b), or other pension or profit-sharing plan made available by the debtor as an employee benefit?

 No. Go to Part 10.

 Yes. Does the debtor serve as plan administrator?

Part 10: Certain Financial Accounts, Safe Deposit Boxes, and Storage Units

18. Closed financial accounts Within 1 year before filing this case, were any financial accounts or instruments held in the debtor’s name, or for the debtor’s benefit, closed, sold, moved, or transferred?

Include checking, savings, money market, or other financial accounts; certificates of deposit; and shares in banks, credit unions, brokerage houses, cooperatives, associations, and other financial institutions.  None

Financial Institution name and

Address Last 4 digits of account number Type of account orinstrument

Date account was

closed, sold, moved, or

transferred

Last balance before

closing or transfer

19. Safe deposit boxes

List any safe deposit box or other depository for securities, cash, or other valuables the debtor now has or did have within 1 year before filing this case.

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 4

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Case 21-19692-LMI Doc 55 Filed 12/27/21 Page 13 of 17
Debtor Brainy Apps, LLC Case number (if known) 21-19692-LMI

 None

Depository institution name and address Names of anyone with access

to it

Address

Description of the contents Do you still

have it?

20. Off-premises storage

List any property kept in storage units or warehouses within 1 year before filing this case. Do not include facilities that are in a part of a building in which

the debtor does business.  None

Facility name and address Names of anyone with access

to it

Description of the contents Do you still

have it?

Part 11: Property the Debtor Holds or Controls That the Debtor Does Not Own

21. Property held for another List any property that the debtor holds or controls that another entity owns. Include any property borrowed from, being stored for, or held in trust. Do not list

leased or rented property.  None

Part 12: Details About Environment Information

For the purpose of Part 12, the following definitions apply: Environmental law means any statute or governmental regulation that concerns pollution, contamination, or hazardous material, regardless of the medium

affected (air, land, water, or any other medium).

Site means any location, facility, or property, including disposal sites, that the debtor now owns, operates, or utilizes or that the debtor formerly owned, operated, or utilized.

Hazardous material means anything that an environmental law defines as hazardous or toxic, or describes as a pollutant, contaminant, or a similarly

harmful substance.

Report all notices, releases, and proceedings known, regardless of when they occurred.

22. Has the debtor been a party in any judicial or administrative proceeding under any environmental law? Include settlements and orders.  No.

 Yes. Provide details below.

Case title Case number Court or agency name and

address Nature of the case Status of case

23. Has any governmental unit otherwise notified the debtor that the debtor may be liable or potentially liable under or in violation of an

environmental law?

 No.

 Yes. Provide details below.

Site name and address Governmental unit name and

address Environmental law, if known Date of notice

24. Has the debtor notified any governmental unit of any release of hazardous material?

 No.

 Yes. Provide details below.

Site name and address Governmental unit name and

address Environmental law, if known Date of notice

Part 13: Details About the Debtor's Business or Connections to Any Business

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 5

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Case 21-19692-LMI Doc 55 Filed 12/27/21 Page 14 of 17
Debtor Brainy Apps, LLC Case number (if known) 21-19692-LMI

25. Other businesses in which the debtor has or has had an interest

List any business for which the debtor was an owner, partner, member, or otherwise a person in control within 6 years before filing this case.

Include this information even if already listed in the Schedules.

 None

Business name address Describe the nature of the business Employer Identification number Do not include Social Security number or ITIN.

Dates business existed

26. Books, records, and financial statements

26a. List all accountants and bookkeepers who maintained the debtor’s books and records within 2 years before filing this case.  None

Name and address Date of service From-To

26a.1. NCH Tax & Wealth Advisors

1661 E Chapman Ave Ste 2A

Fullerton, CA 92831-4089

From 2016 through

present

26b. List all firms or individuals who have audited, compiled, or reviewed debtor’s books of account and records or prepared a financial statement within 2

years before filing this case.  None

26c. List all firms or individuals who were in possession of the debtor’s books of account and records when this case is filed.  None

Name and address If any books of account and records are unavailable, explain why

26c.1. NCH Tax & Wealth Advisors

1661 E Chapman Ave Ste 2A

Fullerton, CA 92831-4089

26d. List all financial institutions, creditors, and other parties, including mercantile and trade agencies, to whom the debtor issued a financial statement within 2 years before filing this case.  None

Name and address

27. Inventories Have any inventories of the debtor’s property been taken within 2 years before filing this case?

 No

 Yes. Give the details about the two most recent inventories.

Name of the person who supervised the taking of the

inventory

Date of inventory The dollar amount and basis (cost, market, or other basis) of each inventory

28. List the debtor’s officers, directors, managing members, general partners, members in control, controlling shareholders, or other people in

control of the debtor at the time of the filing of this case.

Name Address Position and nature of any interest % of interest, if

any

John Lakatis 15535 SW 77th Ct

Village of Palmetto Bay, FL

33157-2340

Co-Founder 0.0

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 6

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Case 21-19692-LMI Doc 55 Filed 12/27/21 Page 15 of 17
Debtor Brainy Apps, LLC Case number (if known) 21-19692-LMI

Name Address Position and nature of any interest % of interest, if

any

Deron Wagner 341 Bellaire Park Rd

Carlisle, PA 17013

Co-Founder 0.0

Name Address Position and nature of any interest % of interest, if

any

Carmen Lakatis 15535 SW 77th Ct

Village of Palmetto Bay, FL

33157-2340

Director 0.0

Name Address Position and nature of any interest % of interest, if

any

CJ Specter, Inc. 3030 N Rocky Point Dr W Ste 150A

Tampa, FL 33607-5803

Stockholder 50%

Name Address Position and nature of any interest % of interest, if

any

Morpheous Trading, LLC PO Box 566463

Miami, FL 33256-6463

Stockholder 50%

29. Within 1 year before the filing of this case, did the debtor have officers, directors, managing members, general partners, members in control of the debtor, or shareholders in control of the debtor who no longer hold these positions?

 No

 Yes. Identify below.

30. Payments, distributions, or withdrawals credited or given to insiders Within 1 year before filing this case, did the debtor provide an insider with value in any form, including salary, other compensation, draws, bonuses, loans, credits on loans, stock redemptions, and options exercised?

 No

 Yes. Identify below.

Name and address of recipient Amount of money or description and value of

property

Dates Reason for providing

the value

30.1

. CJ Specter, Inc.

3030 N Rocky Point Dr W Ste

150A

Tampa, FL 33607-5803 $38,000

9/2020-12/202

0 1099-Income

Relationship to debtor Stockholder

30.2

. Morpheous Trading, LLC

PO Box 566463

Miami, FL 33256-6463 $33,750

9/2020-12/202

0 1099-Income

Relationship to debtor Stockholder

30.3

. Morpheous Trading, LLC

PO Box 566463

Miami, FL 33256-6463 $26,000 1/2021-9/2021 1099-Income

Relationship to debtor Stockholder

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 7

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Case 21-19692-LMI Doc 55 Filed 12/27/21 Page 16 of 17
Debtor Brainy Apps, LLC Case number (if known) 21-19692-LMI

Name and address of recipient Amount of money or description and value of

property

Dates Reason for providing

the value

30.4

. CJ Specter, Inc.

3030 N Rocky Point Dr W Ste

150A

Tampa, FL 33607-5803 $30,000

01/2021-9/202

1 1099-Income

Relationship to debtor Stockholder

31. Within 6 years before filing this case, has the debtor been a member of any consolidated group for tax purposes?

 No

 Yes. Identify below.

Name of the parent corporation Employer Identification number of the parent corporation

32. Within 6 years before filing this case, has the debtor as an employer been responsible for contributing to a pension fund?

 No

 Yes. Identify below.

Name of the pension fund Employer Identification number of the parent corporation

Part 14: Signature and Declaration WARNING -- Bankruptcy fraud is a serious crime. Making a false statement, concealing property, or obtaining money or property by fraud in connection with a bankruptcy case can result in fines up to $500,000 or imprisonment for up to 20 years, or both. 18 U.S.C. §§ 152, 1341, 1519, and 3571.

I have examined the information in this Statement of Financial Affairs and any attachments and have a reasonable belief that the information is true and

correct.

I declare under penalty of perjury that the foregoing is true and correct.

Executed on December 27, 2021

/s/ John Edward Lakatis John Edward Lakatis

Signature of individual signing on behalf of the debtor Printed name

Position or relationship to debtor Co-Founder

Are additional pages to Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy (Official Form 207) attached?

 No

Yes

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 8

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