UNITED
STATES

SECURITIES
AND EXCHANGE COMMISSION

Washington,
D.C. 20549



FORM
10-K/A



(Mark
One)

☒
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934



For
the Fiscal Years Ended July 31, 2020

Or

☐
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934



For
the transition period from to Commission file number 000-50693



Cyber
Apps World Inc.

(Name
of Registrant as Specified in Its Charter)



|Nevada                                                              |  | 90-0314205                                         
|------------------------------------------------------------------- |  | ---------------------------------------------------
|(State
    or Other Jurisdiction of 
Incorporation or Organization) |  | (I.R.S.
    Employer
 Identification No.)          
|                                                                    |  |                                                    
|9436
    W. Lake Mead Blvd., Suite 5-53, Las Vegas, Nevada          |  | 89134                                              
|(Address
    of Principal Executive Offices)                        |  | (Zip
                                         Code)



(702)
805-0632

(Issuer’s
Telephone Number, Including Area Code)



Securities
registered under Section 12(b) of the Exchange Act:

None



Securities
registered under Section 12(g) of the Exchange Act:

Common
Stock, Par value $0.001 per share



Indicate
by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. ☒ No



Indicate
by checkmark if the registrant is not required to file reports pursuant to Section 13 or 15(d) Of the Act. ☐ Yes ☒
No



Indicate
by check mark whether the issuer: (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during
the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject
to such filing requirements for the past 90 days. ☒ Yes ☐ No



Indicate
by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant
to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that
the registrant was required to submit such files) ☒Yes ☐ No



Indicate
by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller
reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller
reporting company” in Rule 12b-2 of the Exchange Act.





|Large accelerated filer | ☐ | Accelerated filer         | ☐
|----------------------- | - | ------------------------- | -
|                        |   | Smaller reporting company | ☒
|Non-accelerated filer   | ☐ | Emerging growth company   | ☒



If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act ☐



Indicate
by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness
of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered
public accounting firm that prepared or issued its audit report. ☐



Indicate
by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒



The
aggregate market value of voting and non-voting common equity held by non-affiliates as of was $3,413,770 based on the price at
which the common stock was last sold on January 31, 2020, the last business day of the registrant’s most recently completed
second fiscal quarter.




















Table
of Contents



|                 |                                                                                                              | Page
|---------------- | ------------------------------------------------------------------------------------------------------------ | ----
|Item
    1.      | Business                                                                                                     | 1   
|Item
    1A.     | Risk Factors                                                                                                 | 3   
|Item
    1B.     | Unresolved Staff Comments                                                                                    | 3   
|Item
    2.      | Properties                                                                                                   | 3   
|Item
    3.      | Legal Proceedings                                                                                            | 3   
|Item
    4.      | Mine Safety Disclosures                                                                                      | 3   
|Item
    5.      | Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities | 4   
|Item
    6.      | Selected Financial Data                                                                                      | 4   
|Item
    7.      | Management’s Discussion and Analysis of Financial Condition and Results of Operations                        | 4   
|Item
7A.         | Quantitative and Qualitative Disclosures About Market Risk                                                   | 6   
|Item
8.          | Financial Statements and Supplementary Data                                                                  | 7   
|Item
    9.      | Changes In and Disagreements With Accountants on Accounting and Financial Disclosure                         | 8   
|Item
    9A (T). | Controls and Procedures                                                                                      | 8   
|Item
    9B.     | Other Information                                                                                            | 8   
|Item
    10.     | Directors, Executive Officers and Corporate Governance                                                       | 9   
|Item
    11.     | Executive Compensation                                                                                       | 9   
|Item
    12.     | Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters               | 10  
|Item
    13.     | Certain Relationships and Related Transactions, and Director Independence                                    | 11  
|Item
    14.     | Principal Accountant Fees and Services                                                                       | 11  
|Item
    15.     | Exhibits and Financial Statement Schedules                                                                   | 12  





i







PART
I



NOTE
REGARDING FORWARD LOOKING STATEMENTS

CAUTIONARY
STATEMENT FOR PURPOSES OF THE “SAFE HARBOR” PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995



This
Annual Report contains historical information as well as forward-looking statements. Statements looking forward in time are included
in this Annual Report pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements
involve known and unknown risks and uncertainties that may cause our actual results in future periods to be materially different
from any future performance suggested herein. We wish to caution readers that in addition to the important factors described elsewhere
in this Form 10-K/A, the following forward looking statements, among others, sometimes have affected, and in the future could
affect, our actual results and could cause our actual results during 2020 and beyond, to differ materially from those expressed
in any forward-looking statements made by or on our behalf.



Item
1. Business.



Prior
Operations



We
were incorporated on July 15, 2002 under the laws of the State of Nevada under the name Titan Web Solutions, Inc. with a view
to offering a full range of business consulting services in the retail specialty coffee industry in China.



On
April 9, 2015 we merged with our wholly-owned subsidiary Cyber Apps World Inc. and concurrently changed our name to Cyber Apps
World Inc. Our business focused on the development of mobile applications focusing on allowing users around the world to save
money on products and services from member merchants and suppliers instantly with mobile coupons, using their desktops and/or
mobile devices, including smartphones. We have not been successful in developing revenue from our operations.



SmartSaveNow
Website



We
completed the acquisition of a website originally located at www.savinstultra.com and now to be located at www.smartsavenow.com
(the “Website”), including, without limitation, the website domain, content, data, and all incorporated technology
on April 19, 2019. We acquired a 100% undivided interest in and to the Website in consideration of us issuing 11,500,000 shares
of our common stock to the vendor at closing.



The
Website consists of a search engine that users access in order to compare the prices of different consumer products, which is
known as a price comparison website. The initial version of the website is published and is undergoing further development. It
currently features consumer items in various product categories, such as electronics, computers, cellular phones, office equipment,
clothing, books, toys, and jewelry. As well, the Website includes a search function that allows users to input key words and receive
a list of available consumer items that include those words. The Website was developed in the Ukraine and India.



A
price comparison website is a search engine, which consumers use to compare the prices of different products. These websites are
also known as comparison shopping websites, price analysis tools, comparison shopping agents, and shopbots. Users can compare
products using relevant criteria, including price, product ratings, brand names, features, and consumer quality ratings. Such
websites allow consumers to review products and determine the retailer that sell desired items at the lowest price. Price comparison
websites offer benefits to consumers, when they navigate potentially complex purchases, and they reduce the search time by comparing
similar products in one place. There are also advantages for the product or service providers because they bring together shoppers
and firms more easily and, in some cases, more inexpensively than other acquisition channels. This can reduce entry barriers that
providers might otherwise face. As well, it can stimulate stronger competition and innovation between firms and encourage new
entrants, resulting in further benefits for consumers. Most price comparison websites use a method called “scraping,”
which basically scours vendor websites for content. Often these basic price comparison websites earn their revenue by a service
called a “clickthrough” or “referral fee,” which means each time a consumer clicks on specific vendors,
the price comparison site makes a small commission. In the past few years this service has been supplemented by other services
and more advanced services that automatically checks companies’ websites for prices.



The
price comparison website market is expected to increase at a significant growth rate during the upcoming years. The global price
comparison website market is supported by various growth drivers, such as increased internet penetration and an increase in smartphone
users. Price comparison websites have become increasingly popular around the world over the last ten years. In the United Kingdom
and the United States, market research groups have estimated that annually $1.5 billion transactions pass through this well-established
industry, according to Wize Commerce. Because of the ease of use and straight-forward manner of these numerous websites, western
consumers use price comparison websites for different price-checking exercises, including shopping, vacations, and home utilities.



We
intend to further develop the Website to specifically market to American consumers by providing real-time pricing for items that
major U.S. retailers, including Wal-Mart, Best Buy, EBay, and Target, publish on their company websites. The Website will show
products available at the lowest price among all sellers and incorporate this automatically into its digital marketing advertising.
In order to access the content of the Website, consumers must register and establish an account with us and provide us with contact
information, including a name, email address, and telephone number. Account holders who consent to the receipt of electronic correspondence
from us will receive periodic emails from us that highlight sales items for specific consumer products that reflect their Website
search interests.





1







During
initial development, the vendor of the Website is able to offer products from 86 existing sellers and has agreements with an additional
420 sellers. As with other price comparison websites, we will not charge users anything to use the Website. We intend to generate
revenue by securing commission payments from retailers and other sellers. These payments will vary from seller to seller, but
will either consist of a fee for each time one of our users accesses a retail website through our website, a fee for each time
one of our users buys an item from a retailer or register with their website, or a flat fee for inclusion on our website. Each
fee arrangement with a retailer will be negotiated separately.



Since
our acquisition of the Website and related technology, we have retained software developers in India that have continued development
of the Website for commercial deployment. Given the relative low cost of using Indian software developers, we anticipate being
able to expand the development of our website at a reasonable cost compared to competitors that employ software developers in
developed countries while still maintaining Website quality. The recorded value of the Website and related technology on your
balance sheet at July 31, 2020 is consisting of the fair value of the assets based on an independent business valuation at the
time of acquisition, as well as additional capital that we have expended on the Website since the acquisition. We expect that
the Website will be formally launched during the late summer of 2020.



Our
financial statements for the period ended July 31, 2020 have been prepared on a going concern basis which contemplates the realization
of assets and settlement of liabilities and commitments in the normal course of business. We have not generated any revenue as
of July 31, 2020. Management recognizes that our continued existence is dependent upon its ability to obtain needed working capital
through additional equity and/or debt financing and revenue to cover expenses as we continue to incur losses.

Since
our incorporation, we have financed our operations almost exclusively through our sale of equity and through advances from our
shareholders. Management’s plans are to finance operations through the sale of equity or other investments for the foreseeable
future, as we may not receive significant revenue from our and proposed business operations. There is no guarantee that we will
be successful in arranging financing on acceptable terms.



Our
ability to raise additional capital is affected by trends and uncertainties beyond its control. We do not currently have any arrangements
for financing and we may not be able to find such financing if required. Obtaining additional financing would be subject to a
number of factors, including investor sentiment. Market factors may make the timing, amount, terms or conditions of additional
financing unavailable to us. These uncertainties raise substantial doubt about our ability to continue as a going concern.



Competition



The
global e-commerce market, including price comparison website marketing, is highly competitive because of the presence of many
large established players. Some of the largest competitors are Google Shopping, NexTag, PriceGrabber, Shopping.com, Shopzilla,
Become, Bing Shopping, and Pronto. As well, there are numerous small competitors that will compete with us.



Price
comparison websites and mobile applications are segmented into different types from consumer products comparison sites to some
specialist sites that focus on specific products.



Patents
and Trademarks



Due
to the costs involved and the potential inability to qualify, we have not filed for patent protection of our products and our
trademarks. We have not sought legal advice regarding whether or not patent protection of our technology is possible. Accordingly,
our business is subject to the risk that competitors could either copy our technology or release competing products.



Subject
to financing, we will seek legal advice regarding the potential to patent our website features and will consider filing for trademark
protection of our SmartSaveNow name, logo, and related website content.



Government
Regulation



We
are subject to laws that require protection of user privacy and user data. In our processing of account registrations, we will
receive and store a large volume of personally identifiable data. This data is increasingly subject to laws and regulations in
numerous jurisdictions around the world, including the United States through its Privacy Act and the Commission of the European
Union through its General Data Protection Regulation. Such government action is typically intended to protect the privacy of personal
data that is collected, processed, and transmitted in or from the governing jurisdiction.



In
addition, our long-term business strategy may include geographic expansion into additional jurisdictions, many of which regions
and countries have different legislation, regulatory environments, and tax laws. Compliance with legal, regulatory, and tax requirements
around the world places demands on our time and resources, and we may nonetheless experience unforeseen and potentially adverse
legal, regulatory, or tax consequences, which may have an adverse effect on our business.



Research
and Development



We
have not incurred any expenditures on research and development activities. Real-Time Save Online conducted all research and development
involved in the website and technology that we have acquired.





2







Employees



As
of the date of this report, we have no employees. We have retained independent consultants and contractors in India who are presently
completing the necessary additional development of the Website.



Subsidiaries



We
purchased all of the assets comprising the Website from Real-Time Save Online Inc., a Wyoming corporation. We may transfer these
assets into a wholly-owned subsidiary in the future, but we do not currently have any subsidiaries.



Item
1A. Risk Factors.



Not
applicable.



Item
1B. Unresolved Staff Comments.



None.



Item
2. Properties.



We
do not own any interest in real property. Our mailing address is 9436 W. Lake Mead Blvd., Ste. 5-53, Las Vegas NV 89134, for which
we pay $15.00 per month, on a month-to-month basis.



Item
3. Legal Proceedings.



None



Item
4. Mine Safety Disclosures.



None.





3







PART
II



Item
5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.



The
Company’s shares of common stock trade on the OTC Markets Pink Sheets under the symbol “CYAP”. Over-the-counter
market quotations reflect inter-dealer prices, without retail mark-up, mark-down or commission and may not necessarily represent
actual transactions. The market for the Company’s common stock is illiquid and investors may not be able to sell their shares.
There is no established trading market for the Company’s common stock.



As
of August 12, 2020, there were approximately 2,187 beneficial owners of record of the Company’s common stock. During the
Company’s previous eight fiscal quarters, the high and low trading prices as reported by Yahoo Finance were as follows:



|Period                               |  | High |        |  | Low |  
|------------------------------------ |  | ---- | ------ |  | --- | -
|August 1, 2018 to October 31, 2018   |  | $    | 0.1727 |  |     | $
|November 1, 2018 to January 31, 2019 |  | $    | 0.1125 |  |     | $
|February 1, 2019 to April 30, 2019   |  | $    | 0.10   |  |     | $
|May 1, 2019 to July 31, 2019         |  | $    | 0.0875 |  |     | $
|August 1, 2019 to October 31, 2019   |  | $    | 0.1275 |  |     | $
|November 1, 2019 to January 31, 2020 |  | $    | 0.1375 |  |     | $
|February 1, 2020 to April 30, 2020   |  | $    | 0.22   |  |     | $
|May 1, 2020 to July 31, 2020         |  | $    | 0.24   |  |     | $



The
above trading prices have not been adjusted for:



|1. | the
    Company’s reverse split, effective February 19, 2019, whereby each 45 pre-reverse split shares of common stock were
    exchanged for one post-reverse split share; and
|-- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|2. | the
    Company’s forward split, effective February 10, 2020, whereby each pre-split share of common stock was exchanged for
    four post-split shares.
|-- | --------------------------------------------------------------------------------------------------------------------------------------------------------



Holders
of common stock are entitled to receive such dividends as may be declared by the Board of Directors out of funds legally available
therefore and, in the event of liquidation, to share pro rata in any distribution of the Company’s assets after payment
of liabilities. The Board of Directors is not obligated to declare a dividend. The Company has not paid any dividends and the
Company does not have any current plans to pay any dividends.



Securities
Authorized for Issuance under Equity Compensation Plans



None.



Item
6. Selected Financial Data.





Not
applicable.



Item
7. Management’s Discussion and Analysis of our Financial Conditions and Results of Operations.



Introduction



We
were incorporated on July 15, 2002 under the laws of the State of Nevada.



Results
of Operations in Fiscal 2020 and 2019



We
have not earned any revenue from our operations in fiscal 2019 and 2020. During the fiscal year ended July 31, 2020, we incurred
net losses of $233,024 (2019: $14,129) consisting entirely of general and administrative fees. The increase in general and administrative
fees in fiscal 2020 is a result of increased business activity relating to the development of our SmartSaveNow website.



We
have not attained profitable operations and are dependent upon obtaining financing to complete our proposed business plan. For
these reasons our auditors believe that there is substantial doubt that we will be able to continue as a going concern.



Our
financial statements have been prepared assuming that we will continue as a going concern and, accordingly, do not include adjustments
relating to the recoverability and realization of assets and classification of liabilities that might be necessary should we be
unable to continue in operation.





4







LIQUIDITY
AND CAPITAL RESOURCES



As
of July 31, 2020, our current assets consisted of $1,100 in cash and deposits and our total liabilities were $443,509, which consisted
of convertible notes payable of $190,300, loans payable of $126,785, and accounts payable and accrued expenses of $126,474. As
of July 31, 2019, cash and cash equivalents were $6,931 in cash and deposits and our total liabilities were $200,090, which consisted
of loans payable of $100,000, and accounts payable and accrued expenses of $100,090. We expect we will require additional capital
to meet our long term operating requirements. We expect to raise additional capital through, among other methods, the sale of
equity or debt securities.



Cash
Flows from Operating Activities



We
have not generated positive cash flows from operating activities. For the fiscal year ended July 31, 2020, net cash flows used
in operating activities were ($200,785) consisting of our net loss for the period, adjusted for accounts payable of $26.384 &
deposits of $5,856 . For the fiscal year ended July 31, 2019, net cash flows used in operating activities were ($19,535) consisting
of our net loss for the period, adjusted for accounts payable of $(22,581) and deposits of $17,175 that did not impact our cash
flow.



Cash
Flows from Financing Activities



We
have financed our operations primarily from either third-party or the issuance of equity and debt instruments. For the fiscal
year ended July 31, 2020, net cash from financing activities was $217,035, which consisted entirely of notes payable and loans
payable. In fiscal 2019, we sold a total of 10,000,000 shares of our common stock during the year for proceeds of $30,000.



Cash
Flows from Investment Activities



For
the fiscal year ended July 31, 2020, we spent $16,225 of our cash for software development. In the comparative period in fiscal
2019, we spent $10,375 in development costs.



We
have not attained profitable operations and are dependent upon obtaining financing to pursue exploration activities. For these
reasons, there is substantial doubt that we will be able to continue as a going concern



Since
our incorporation, we have financed our operations through advances from our shareholders, and by payments made by a third party.
We expect to finance operations through the sale of equity or other investments for the foreseeable future, as we do not receive
significant revenue from our business operations. There is no guarantee that we will be successful in arranging financing on acceptable
terms.



Our
ability to raise additional capital is affected by trends and uncertainties beyond our control. We do not currently have any arrangements
for financing and we may not be able to find such financing if required. Obtaining additional financing would be subject to a
number of factors, including investor sentiment. Market factors may make the timing, amount, terms or conditions of additional
financing unavailable to us.



Our
auditors are of the opinion that our continuation as a going concern is in doubt. Our continuation as a going concern is dependent
upon continued financial support from our shareholders and other related parties.



Critical
Accounting Policies



Our
discussion and analysis of its financial condition and results of operations are based upon our financial statements, which have
been prepared in accordance with accounting principles generally accepted in the United States of America.



Off-Balance
Sheet Arrangements



As
of the date of this annual report, we do not have any off balance sheet arrangements that have or are reasonably likely to have
a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations,
liquidity, capital expenditures or capital resources that are material to investors.



Use
of Estimates



The
preparation of financial statements in accordance with accounting principles generally accepted in the United States of America
requires us to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses, and
disclosure of contingent assets and liabilities. On an on-going basis, we evaluate our estimates and judgments, including those
related to revenue recognition, inventories, adequacy of allowances for doubtful accounts, valuation of long-lived assets and
goodwill, income taxes, litigation and warranties. We base its estimates on historical and anticipated results and trends and
on various other assumptions that we believe are reasonable under the circumstances, including assumptions as to future events.
The policies discussed below are considered by management to be critical to an understanding of our financial statements. These
estimates form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent
from other sources. By their nature, estimates are subject to an inherent degree of uncertainty. Actual results may differ from
those estimates.





5







Property
and Equipment



Property
and equipment are recorded at cost. Depreciation of property and equipment are accounted for by accelerated methods over the following
estimated useful lives:



Evaluation
of Long-Lived Assets



We
review property and equipment for potential impairment whenever significant events or changes in circumstances indicate the carrying
value may not be recoverable in accordance with the guidance in ASC 360-15-35 “Impairment or Disposal of Long-Lived Assets”.
An impairment exists when the carrying amount of the long-lived assets is not recoverable and exceeds its fair value. The carrying
amount of a long-lived asset is not recoverable if it exceeds the sum of the undiscounted cash flows expected to result from the
use and eventual disposition of the asset. If an impairment exists, the resulting write-down would be the difference between the
fair market value of the long-lived asset and the related net book value.



Net
Loss Per Common Share



|Classification         |  | Estimated Useful Lives
|---------------------- |  | ----------------------
|Furniture and Fixtures |  | 10 years              
|Software               |  | 3-5 years             
|Computers              |  | 5 years               



Basic
loss per common share is computed based on the weighted average number of shares outstanding during the year. Diluted earnings
per common share is computed by dividing net earnings (loss) by the weighted average number of common shares and potential common
shares during the specified periods. The Company has no outstanding options, warrants or other convertible instruments that could
affect the calculated number of shares.



Income
Taxes



Deferred
income tax assets or liabilities are computed based on the temporary differences between the financial statement and income tax
bases of assets and liabilities using the statutory marginal income tax rate in effect for the years in which the differences
are expected to reverse. Deferred income tax expenses or credits are based on the changes in the deferred income tax assets or
liabilities from period to period. A valuation allowance against deferred tax assets is required if, based on the weight of available
evidence, it is more likely than not that some portion or all of the deferred tax assets will not be realized. The valuation allowance
should be sufficient to reduce the deferred tax asset to the amount that is more likely than not to be realized.



Item
7A. Quantitative and Qualitative Disclosures About Market Risk.



Not
applicable





6







Item
8. Financial Statements and Supplementary Data.



CYBER
APPS WORLD INC.



FINANCIAL
STATEMENTS



July
31, 2019 and 2020



Index
to Financial Statements



|Reports of Independent Registered Accounting Firms                                         | F-1
|------------------------------------------------------------------------------------------ | ---
|                                                                                           |    
|Balance Sheets as of July 31, 2019 and 2020                                                | F-2
|                                                                                           |    
|Statements of Operations for Years Ended July 31, 2019 and July 31, 2020                   | F-3
|                                                                                           |    
|Statement of Stockholders’ (Deficiency) for the Year Ended July 31, 2019 and July 31, 2020 | F-4
|                                                                                           |    
|Statements of Cash Flows for the Years Ended July 31, 2019 and July 31, 2020               | F-5
|                                                                                           |    
|Notes to Financial Statements for the Years Ended July 31, 2019 and 2020                   | F-6





7







JACK
SHAMA, CPA, MA

1498
East 32nd Street

Brooklyn,
NY 11234



347-481-0537



To
the shareholders and the board of directors of Cyber Apps World Inc.



Report
of Independent Registered Public Accounting Firm.



Opinion
on the financial statements.



I
have audited the accompanying balance sheet of Cyber Apps World Inc. and the related statements of income, stockholders equity
and cash flow for the year ending July 31, 2020. In my opinion based on my audit the financial statements present fairly in all
material respects the financial position of the company as of July 31, 2020 and the results of its operations and its cash flows
for the year then ended in conformity with principles generally accepted in the United States of America.



These
financial statements are the responsibility of the company’s management. My responsibility is to express an opinion on the
financial statements based on my audit. I am a public accounting firm registered with the Public Company Accounting Oversight
Board (United States) (PCAOB) and are required to be independent with respect to the company in accordance with the US federal
securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.



I
conducted my audit in accordance with the standards of the PCAOB. Those standards require that I plan and perform the audit
to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error
or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis,
evidence regarding the amounts and disclosures in the financial statements. My audit also included evaluating the accounting
principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial
statements. I believe my audit provides a reasonable basis for my opinion.



/s/
Jack
Shama




Jack
Shama, CPA

August
5, 2020



I
have served as the company’s auditor since March 2019.





F-1







Cyber Apps World, Inc.

Balance Sheet

(Audited)



|                                                                                                                                                                                                 |  | July 31,
    2020 |            |   | July 31,
    2019 | 
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ |  | ----------------- | ---------- | - | ----------------- | 
|                                                                                                                                                                                                 |  |                   |            |   |                   | 
|Assets                                                                                                                                                                                           |  |                   |            |   |                   | 
|Current assets:                                                                                                                                                                                  |  |                   |            |   |                   | 
|Cash & Cash Equivalents                                                                                                                                                                          |  |                   | 115        |   |                   | 
|Deposits                                                                                                                                                                                         |  |                   | 985        |   |                   | 
|Total current assets                                                                                                                                                                             |  |                   | 1,100      |   |                   | 
|Property & Equipment, net                                                                                                                                                                        |  |                   |            |   |                   | 
|Goodwill                                                                                                                                                                                         |  |                   | 964,581    |   |                   | 
|Software                                                                                                                                                                                         |  |                   | 412,019    |   |                   | 
|Total assets                                                                                                                                                                                     |  |                   | 1,377,700  |   |                   | 
|                                                                                                                                                                                                 |  |                   |            |   |                   | 
|Liabilities and Stockholders’ Deficiency                                                                                                                                                         |  |                   |            |   |                   | 
|                                                                                                                                                                                                 |  |                   |            |   |                   | 
|Current liabilities:                                                                                                                                                                             |  |                   |            |   |                   | 
|                                                                                                                                                                                                 |  |                   |            |   |                   | 
|Accounts payable and accrued expenses                                                                                                                                                            |  |                   | 126,474    |   |                   | 
|Convertible Note Payable                                                                                                                                                                         |  |                   | 190,300    |   |                   | 
|Loan Payable                                                                                                                                                                                     |  |                   | 126,735    |   |                   | 
|Due to Related Parties                                                                                                                                                                           |  |                   | -          |   |                   | 
|Total Current Liabilities                                                                                                                                                                        |  |                   | 443,509    |   |                   | 
|Commitments and contingencies                                                                                                                                                                    |  |                   | -          |   |                   | 
|Stockholders’ deficiency:                                                                                                                                                                        |  |                   |            |   |                   | 
|Preferred stock, $.001 par value, 10,000,000 shares
    authorized, 0 issued and outstanding                                                                                                     |  |                   | -          |   |                   | 
|Common stock, $.00075 par
    value, 250,000,000 shares authorized as of July 31, 2020; 170,912,128 issued and outstanding at July 31, 2020 and
    24,319,935 at July 31st, 2019, respectively. |  |                   | 24,320     |   |                   | 
|Additional paid-in capital                                                                                                                                                                       |  |                   | 9,772,742  |   |                   | 
|Accumulated deficit                                                                                                                                                                              |  |                   | (8,862,871 | ) |                   | 
|Stockholders’ deficiency                                                                                                                                                                         |  |                   | 934,191    |   |                   | 
|Total liabilities and stockholders’
    equity                                                                                                                                                   |  |                   | 1,377,700  |   |                   | 



The accompanying notes are an integral part of these condensed
financial statements



F-2









Cyber Apps World, Inc.

Statements of Operations

(Audited)



|                                                                        |  | For the year ended July 31, |           
|----------------------------------------------------------------------- |  | --------------------------- | ----------
|                                                                        |  | 2020                        |           
|Net Sales                                                               |  |                             | -         
|                                                                        |  |                             |           
|Operating expenses:                                                     |  |                             |           
|General and administrative                                              |  |                             | 233,024   
|Research & Development                                                  |  |                             | -         
|                                                                        |  |                             |           
|Total operating expenses                                                |  |                             | 233,024   
|                                                                        |  |                             |           
|Income / (Loss) from operations                                         |  |                             | (233,024  
|                                                                        |  |                             |           
|Other (expenses)/ income                                                |  |                             | -         
|                                                                        |  |                             |           
|Net Income / (Loss) before provision for income taxes                   |  | $                           | (233,024  
|                                                                        |  |                             |           
|Provision for (benefit from) income taxes                               |  |                             | -         
|Net Income / (Loss)                                                     |  | $                           | (233,024  
|                                                                        |  |                             |           
|Net Income per common share- basic and diluted                          |  |                             | -         
|Weighted average number of common shares outstanding- basic and diluted |  |                             | 26,819,935



The accompanying notes are an integral part of these consolidated
financial statements





F-3







Cyber Apps World,
Inc.

Statement of Changes
in Stockholders’ Deficiency

For the Years
Ended July 31, 2020 and 2019

(Audited)





|                                      |  | Number of Common Shares |            |  | Common Shares $0.001 |  |        | Additional Paid in Capital |  |  | Accumulated (Deficit) |  |  | Total
Stockholders’
(Deficit) |           
|------------------------------------- |  | ----------------------- | ---------- |  | -------------------- |  | ------ | -------------------------- |  |  | --------------------- |  |  | ----------------------------- | ----------
|Opening Balance as of 1st August 2018 |  |                         | 24,319,949 |  |                      |  | 24,320 |                            |  |  | 8,347,542             |  |  |                               | (8,580,289
|Additional Paid in Capital            |  |                         |            |  |                      |  |        |                            |  |  | 1,425,200             |  |  |                               |           
|Net Loss                              |  |                         |            |  |                      |  | —      |                            |  |  |                       |  |  |                               | (14,129   
|Closing Balance as of 31st July 2019  |  |                         | 24,319,949 |  |                      |  | 24,320 |                            |  |  | 9,772,742             |  |  |                               | (8,594,418
|                                      |  |                         |            |  |                      |  |        |                            |  |  |                       |  |  |                               |           
|Opening Balance as of 1st August 2019 |  |                         | 24,319,949 |  |                      |  | 24,320 |                            |  |  | 9,772,742             |  |  |                               | (8,594,418
|Net Loss                              |  |                         |            |  |                      |  | -      |                            |  |  | -                     |  |  |                               | (233,024  
|Closing Balance as of 31st July 2020  |  |                         | 24,319,949 |  |                      |  | 24,320 |                            |  |  | 9,772,742             |  |  |                               | (8,827,442



See accompanying notes to audited financial statements



F-4











Cyber Apps World, Inc.

Statements of Cash Flows

(Audited)



|                                                                             |  | For
                                         the Years Ended
                                         July 31, |         
|---------------------------------------------------------------------------- |  | -------------------------------------------------------------------------------------------------------------- | --------
|                                                                             |  | 2020                                                                                                           |         
|CASH FLOWS FROM OPERATING ACTIVITIES:                                        |  |                                                                                                                |         
|Net Income / (loss)                                                          |  |                                                                                                                | (233,024
|Adjustments to reconcile net loss to net cash utilized in operating activies |  |                                                                                                                |         
|Change in Deposit                                                            |  |                                                                                                                | 5,856   
|Change in accounts payable and accrued expenses                              |  |                                                                                                                | 26,384  
|Change in other receivable                                                   |  |                                                                                                                | -       
|Net cash used in operating activities                                        |  |                                                                                                                | (200,785
|                                                                             |  |                                                                                                                |         
|CASH FLOWS FROM INVESTING ACTIVITIES:                                        |  |                                                                                                                |         
|Goodwill                                                                     |  |                                                                                                                | -       
|Software                                                                     |  |                                                                                                                | (16,225 
|Net cash used in investing activities                                        |  |                                                                                                                | (16,225 
|                                                                             |  |                                                                                                                |         
|CASH FLOWS FROM FINANCING ACTIVITIES:                                        |  |                                                                                                                |         
|Loan Payable                                                                 |  |                                                                                                                | 26,735  
|Note Payable                                                                 |  |                                                                                                                | 190,300 
|Due to Front line                                                            |  |                                                                                                                | -       
|Additional Paid in Capital                                                   |  |                                                                                                                | -       
|Net cash provided by financing activities                                    |  |                                                                                                                | 217,035 
|                                                                             |  |                                                                                                                |         
|CHANGE IN CASH AND CASH EQUIVALENTS:                                         |  |                                                                                                                |         
|Net increase in cash and cash equivalents                                    |  |                                                                                                                | 25      
|Cash and cash equivalents at beginning of year                               |  |                                                                                                                | 90      
|Cash and cash equivalents at end of Period                                   |  |                                                                                                                | 115     
|                                                                             |  |                                                                                                                |         
|NON-CASH SUPPLEMENTARY DISCLOSURES:                                          |  |                                                                                                                |         
|Cash paid for interest                                                       |  | $                                                                                                              | -       
|Cash paid for income taxes                                                   |  | $                                                                                                              | -       



The accompanying notes are an integral part of these condensed
financial statements





F-5







CYBER
APPS WORLD INC.



NOTES
TO FINANCIAL STATEMENTS

July
31, 2020 and 2019



Note
1. Financial Statement Presentation



Cyber
Apps World Inc. (the “Company”) following the merger with the Company’s wholly-owned subsidiary on December
24, 2012 (formed for the sole purpose of merging with its parent), continued working on the further development of the lithium
batteries technology licensed from Terra Inventions Corp. (formerly Li-ion Motors Corp.) (“Terra”), the Company’s
former parent. Consultants for the Company were also working on the solar concentrating electric power generating system working
independently.



The
summary of significant accounting policies is presented to assist in the understanding of the financial statements. The financial
statements and notes are the representations of management. These accounting policies conform to accounting policies generally
accepted in the United States of America and have been consistently applied in the preparation of the financial statements.



History
and Nature of Business



On
April 2, 2011, the Company’s Board of Directors (the “Board”) authorized the merger with our wholly-owned subsidiary,
Sky Power Solutions Corp., and in the merger the name of our Company was changed to Sky Power Solutions Corp.



On
April 15, 2008, Terra sold its controlling interest of the Company’s outstanding common stock to Blue Diamond Investments,
Inc. (“Blue Diamond”) With the sale of our VoIP telecommunications business, named Zingo Telecom, Inc., on May 15,
2008, the Company intends to concentrate efforts on further development of the lithium batteries technology licensed from Terra,
the Company’s former parent.



Effective
April 15, 2008, the Company entered into a License Agreement (“License Agreement”) with Terra Inventions providing
for Terra’s license to the Company of Terra’s patent applications and technologies for rechargeable lithium-ion batteries
for hybrid vehicles and other applications (“Licensed Products”).



Under
the License Agreement, Terra had the right to purchase its requirements of lithium ion batteries from the Company, and its requirements
of lithium ion batteries would have been supplied in preference to, and on a priority basis as compared with, supply and delivery
arrangements in effect for other customers. Terra’s cost for lithium ion batteries purchased from the Company would be the
actual manufacturing costs for such batteries for our fiscal quarter in which Terra’s purchase takes place.



On
May 25, 2010, the agreement was amended to grant the Company the exclusive license rights for the United States and Terra may
grant other companies rights elsewhere around the world.



Under
the terms of the License Agreement, the Company agreed to invest a minimum of $1,500,000 in each of the first two years under
the License Agreement in development of the technology for the Licensed Products. To date, we have not met the minimum requirements
in the development of the technology, and therefore, are not compliant with our obligations under this covenant of the License
Agreement. Terra advised the Company that it will not give notice of default against the Company for its failure to comply with
this covenant over the term of the License Agreement.



Effective
April 16, 2008, the Company agreed to lease approximately 5,000 square feet of space in Terra’s’ North Carolina facility.
The leased space was suitable, and utilized by the Company, for developmental and manufacturing operations for licensed products
pursuant to the license agreement. The lease was terminated May 2012. Also, effective April 16, 2008, the Company purchased certain
equipment and supplies related to the license agreement from Terra for the purchase price of $29,005.



Acquisition
of Asset



The
Company completed the acquisition of a website located at www.savinstultra.com with Real-Time Save Online Inc, a company incorporated
in Wyoming, including without limitation all right, title and interest in and to the domain, content, data and all incorporated
data on April 8, 2019. The Company acquired 100% undivided interest in and to the Website in consideration of issuing 11,500,000
shares of our common stock to Real-Time Save Online at closing.



The
SavingsUltra Website



The
Website consists of a search engine that users may access in order to compare the prices of different consumer products, which
is known as a price comparison website. The initial version of the website is published and is undergoing further development.
It currently features consumer items in various product categories, such as electronics, computers, cellular phones, office equipment,
clothing, books, toys, and jewelry. As well, the Website includes a search function that allows users to input key words and receive
a list of available consumer items that include those words. The Website was developed in Ukraine and India.





F-6







Under
a new domain SmartSaveNow.com (previously RtSave.com), we intend to further develop the Website to specifically market to American
consumers by providing real-time pricing for items that major U.S. retailers, including Wal-Mart, Best Buy, EBay, and Target,
publish on their company websites. The Website will show products available at the lowest price among all sellers and incorporate
this automatically into its digital marketing advertising. In order to access the content of the Website, consumers must register
and establish an account with us and provide us with contact information, including a name, email address, and telephone number.
Account holders who consent to the receipt of electronic correspondence from us will receive periodic emails from us that highlight
sales items for specific consumer products that reflect their Website search interests.



During
initial development, the vendor of the Website is able to offer products from 86 existing sellers and has agreements with an
additional 420 sellers. As with other price comparison websites users will not be charged anything to use the Website. We
intend to generate revenue by securing commission payments from retailers and other sellers. These payments will vary from
seller to seller, but will either consist of a fee for each time one of our users accesses a retail website through our
website, a fee for each time one of our users buys an item from a retailer or register with their website, or a flat fee for
inclusion on our website. Each fee arrangement with a retailer will be negotiated separately.



Basis
of Presentation



Going
Concern



The
Company’s financial statements for the years ended July 31, 2019 and 2020, have been prepared on a going concern basis which
contemplates the realization of assets and settlement of liabilities and commitments in the normal course of business. The Company
did not have any revenue in and as of July 31, 2020. Management recognized that the Company’s continued existence is dependent
upon its ability to obtain needed working capital through additional equity and/or debt financing and revenue to cover expenses
as the Company continues to incur losses.



Since
its incorporation, the Company financed its operations almost exclusively through advances from its controlling shareholders.
Management’s plans are to finance operations through the sale of equity or other investments for the foreseeable future,
as the Company does not receive significant revenue from its new business operations. There is no guarantee that the Company will
be successful in arranging financing on acceptable terms.



The
Company’s ability to raise additional capital is affected by trends and uncertainties beyond its control. The Company does
not currently have any arrangements for financing and it may not be able to find such financing if required. Obtaining additional
financing would be subject to a number of factors, including investor sentiment. Market factors may make the timing, amount, terms
or conditions of additional financing unavailable to it. These uncertainties raise substantial doubt about the ability of the
Company to continue as a going concern. The accompanying financial statements do not include any adjustments that might result
from the outcome of these uncertainties.



Note
2. Summary of Significant Accounting Policies



Use
of Estimates



The
preparation of financial statements in accordance with accounting principles generally accepted in the United States of America
requires the Company to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses,
and disclosure of contingent assets and liabilities. On an on-going basis, the Company evaluates its estimates and judgments,
including those related to revenue recognition, inventories, adequacy of allowances for doubtful accounts, valuation of long-lived
assets and goodwill, income taxes, litigation and warranties. The Company bases its estimates on historical and anticipated results
and trends and on various other assumptions that the Company believes are reasonable under the circumstances, including assumptions
as to future events. The policies discussed below are considered by management to be critical to an understanding of the Company’s
financial statements. These estimates form the basis for making judgments about the carrying values of assets and liabilities
that are not readily apparent from other sources. By their nature, estimates are subject to an inherent degree of uncertainty.
Actual results may differ from those estimates.



Property
and Equipment



Property
and equipment are recorded at cost. Depreciation of property and equipment are accounted for by accelerated methods over the following
estimated useful lives:



|Classification         |  | Estimated Useful Lives
|---------------------- |  | ----------------------
|Furniture and Fixtures |  | 10 years              
|Software               |  | 3-5 years             
|Computers              |  | 5 years               





F-7







Evaluation
of Long-Lived Assets



The
Company reviews property and equipment for potential impairment whenever significant events or changes in circumstances indicate
the carrying value may not be recoverable in accordance with the guidance in ASC 360-15-35 “Impairment or Disposal of Long-Lived
Assets”. An impairment exists when the carrying amount of the long-lived assets is not recoverable and exceeds its fair
value. The carrying amount of a long-lived asset is not recoverable if it exceeds the sum of the undiscounted cash flows expected
to result from the use and eventual disposition of the asset. If an impairment exists, the resulting write-down would be the difference
between the fair market value of the long-lived asset and the related net book value. The Company is looking for space to work
and store equipment for both battery development and solar dish.



The
Company is currently working on SmartSaveNow.com website and anticipates a launch date in summer of 2020.



Net
Loss Per Common Share



Basic
loss per common share is computed based on the weighted average number of shares outstanding during the year. Diluted earnings
per common share is computed by dividing net earnings (loss) by the weighted average number of common shares and potential common
shares during the specified periods. The Company has no outstanding options, warrants or other convertible instruments that could
affect the calculated number of shares.



Income
Taxes



Deferred
income tax assets or liabilities are computed based on the temporary differences between the financial statement and income tax
bases of assets and liabilities using the statutory marginal income tax rate in effect for the years in which the differences
are expected to reverse. Deferred income tax expenses or credits are based on the changes in the deferred income tax assets or
liabilities from period to period. A valuation allowance against deferred tax assets is required if, based on the weight of available
evidence, it is more likely than not that some portion or all of the deferred tax assets will not be realized. The valuation allowance
should be sufficient to reduce the deferred tax asset to the amount that is more likely than not to be realized.



Effects
of Recent Accounting Pronouncements



The
Company has elected early adoption of Accounting Standard Update (ASU) 2014-10, Topic 915, Development Stage Entities, Elimination
of Certain Financial Reporting Requirements. ASU 2014-10 removes all incremental financial reporting requirements for development
stage entities, including, but not limited to, inception-to-date financial information included on the statements of operations,
statements of stockholders’ equity (deficit) and statements of cash flows. As a result of the Company’s early adoption,
all references to the Company as a development stage entity have been removed. The adoption of this pronouncement has no impact
on the Company’s financial position, results of operations or liquidity.



Note
3. Property and Equipment



Property
and equipment consists of:



|                               |  | July 31, |         
|------------------------------ |  | -------- | --------
|                               |  | 2020     |         
|                               |  |          |         
|Equipment                      |  | $        | 131,455 
|                               |  |          |         
|Less: Accumulated depreciation |  |          | (131,455
|                               |  |          |         
|Property and equipment, net    |  | $        | 0       



Depreciation
expense for the years ended July 31, 2020 and 2019, was $0 and $0, respectively.



Note
4. Accounts Payable and Accrued Expenses



Accounts
payable and accrued expenses at July 31, 2020 and 2019 consisted of:



|                                            |  | July 31, |        
|------------------------------------------- |  | -------- | -------
|                                            |  | 2020     |        
|                                            |  |          |        
|Accounts payable                            |  | $        | 65,291 
|Wages, paid leave and payroll related taxes |  |          | 61,183 
|                                            |  |          |        
|Total                                       |  | $        | 126,474





F-8







Note
5. Convertible Notes Payable and Notes Payable



As
of July 31, 2020 and 2019, the Company has a balance of convertible notes is $190,300, including interest and accumulated prepayment
expense, and $0 which is convertible into common stock at deemed prices ranging from 60% to 61% of the lowest market price of
the Company’s stock within the prior 20 trading days prior to conversion. The convertible notes are due and payable on dates
ranging from April 15, 2021 to May 1, 2021 and bear interest at rates ranging from 10% per annum to 12% per annum compounded monthly.



On
August 27, 2018 the company signed a Promissory Note for 100,000 with simple interest of 10% per annum accrued in arrears quarterly.



Note
6. Common Stock



Effective
January 18, 2013, the Company filed with Secretary of State of Nevada a Certificate of Change that affected a 1:50 reverse split
in the Company’s outstanding common stock and a reduction of our authorized common stock in the same 1:50 ratio, from 500,000,000
shares to 10,000,000 shares. We have retroactively restated all share amounts to show effects of the Common Stock split.



On
January 22, 2015, the Company converted $556,267 of its debt to various lenders into convertible debt and 17,550,000 shares of
Common Stock were issued as a result of the debt conversion, causing a beneficial conversion in the amount of $370,845.



On
April 18, 2016, the Company agreed to convert $62,400 of debt into 4,800,000 shares of common stock, which will reduce the debt
and notes owed. The Company recorded a loss on settlement of debt of $33,600. The shares were issued on May 31, 2016.



On
February 1, 2019, the Company filed with the Secretary of State of Nevada a Certificate of Change that affected a 1:45 reverse
split, effective February 19, 2019, in the Company’s outstanding common stock and a concurrent increase in the authorized
common stock to 50,000,000 shares with par value $0.01.



On
October 23, 2019, the Company’s filed with the Secretary of State of Nevada a Certificate of Change that affected a 4:1
forward split, effective February 10, 2020, in the Company’s outstanding common stock and a concurrent increase in the authorized
common stock to 250,000,000 shares with par value $0.00075.



Note
7. Net Loss Per Common Share



Loss
per share is computed based on the weighted average number of shares outstanding during the year. Diluted loss per common share
is computed by dividing net loss by the weighted average number of common shares and potential common shares during the specified
periods. The Company has no outstanding options, warrants or other convertible instruments that could affect the calculated number
of shares.



The
following table sets forth the reconciliation of the basic and diluted net loss per common share computations for the years ended
July 31, 2018 and 2019.



|                              |  | Year Ended    |          |   | Year Ended    | 
|----------------------------- |  | ------------- | -------- | - | ------------- | 
|                              |  | July 31, 2020 |          |   | July 31, 2019 | 
|                              |  | Income        |          |   | Shares        | 
|                              |  | (Numerator)   |          |   | (Denominator) | 
|Net Income (Loss)             |  | $             | (233,024 | ) |               | 
|                              |  |               |          |   |               | 
|Basic EPS                     |  |               | (233,024 | ) |               | 
|                              |  |               |          |   |               | 
|Effect of dilutive securities |  |               | —        |   |               | 
|                              |  |               |          |   |               | 
|Diluted EPS                   |  | $             | (233,024 | ) |               | 



Note
8. Income Taxes



At
July 31, 2020, the Company has deferred tax assets as a result of the net operating losses incurred from inception. The resulting
deferred tax assets are reduced by a valuation allowance as discussed in Note 1, equal to the deferred tax asset as it is unlikely,
based on current circumstances, that the Company will ever realize a tax benefit. Deferred tax assets and the corresponding valuation
allowances amounted to approximately $1.9 million at July 31, 2020 and July 31, 2019 respectively. The statutory tax rate is 21%
and the effective tax rate is zero.



Under
current tax laws, the cumulative operating losses incurred amounting to approximately $8.8 million and $8.6 million at July 31,
2020 and July 31, 2019 respectively, will begin to expire in 2024.



Section
382 of the U.S. Internal Revenue Code imposes an annual limitation on loss carry-forwards to offset taxable income when an ownership
change occurs. The Company meets the definition of an ownership change and some of the net operating loss carryforwards will be
limited.





F-9







Item
9. Changes In and Disagreements With Accountants on Accounting and Financial Disclosure.



None



Item
9A. Controls and Procedures.



As
supervised by our board of directors and our principal executive and principal financial officer, management has established a
system of disclosure, controls and procedures and has evaluated the effectiveness of that system. The system and its evaluation
are reported on in the below Management’s Annual Report on Internal Control over Financial Reporting. Our principal executive
and financial officer has concluded that our disclosure, controls and procedures (as defined in Securities Exchange Act of 1934
(“Exchange Act”) Rule 13a-15(e)) as of July 31, 2016, were not effective, based on the evaluation of these controls
and procedures required by paragraph (b) of Rule 13a-15.



Management’s
Annual Report on Internal Control over Financial Reporting



Management
is responsible for establishing and maintaining adequate internal control over financial reporting, as such term is defined in
Rule 13a-15(f) of the Exchange Act. Internal control over financial reporting is a process designed to provide reasonable assurance
regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance
with U.S. generally accepted accounting principles.



Management
assessed the effectiveness of internal control over financial reporting as of July 31, 2020. We carried out this assessment using
the criteria of the Committee of Sponsoring Organizations of the Treadway Commission (COSO) in Internal Control —Integrated
Framework.



B.
Management’s Report on Internal Control over Financial Reporting



Management
is responsible for establishing and maintaining adequate internal control over our financial reporting. In order to evaluate the
effectiveness of internal control over financial reporting, as required by Section 404 of the Sarbanes-Oxley Act, management has
conducted an assessment, including testing, using the criteria in the Internal Control - Integrated Framework, issued by the Committee
of Sponsoring Organizations of the Treadway Commission (“COSO”).



Our
system of internal control over financial reporting is designed to provide reasonable assurance regarding the reliability of financial
reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles.
Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements.



Based
on our evaluation, our Chief Executive Officer and Chief Financial Officer concluded that our internal controls over financial
reporting were not effective as of July 31, 2020 and were subject to material weaknesses.



A
material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there
is a reasonable possibility that a material misstatement of the company’s annual or interim financial statements will not be prevented
or detected on a timely basis. We have identified the following material weaknesses in our internal control over financial reporting
using the criteria established in the COSO:



|1. | Failing
    to have an audit committee or other independent committee that is independent of management to assess internal control over
    financial reporting; and
|-- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------



|2. | Failing
    to have a director that qualifies as an audit committee financial expert as defined in Item 407(d)(5)(ii) of Regulation S-K.
|-- | ----------------------------------------------------------------------------------------------------------------------------------------



Because
of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. In addition, projections
of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes
in conditions and that the degree of compliance with the policies or procedures may deteriorate.



This
annual report does not include an attestation report of our registered public accounting firm regarding internal control over
financial reporting. Management’s report was not subject to attestation by our registered public accounting firm, pursuant
to rules of the Securities and Exchange Commission that permit us to provide only management’s report in this annual report.
Management concluded in this assessment that as of July 31, 2020, our internal control over financial reporting is not effective.



There
have been no significant changes in our internal control over financial reporting (as defined in Rules 13a-15(f) and 15d15(f)
under the Exchange Act) during the fourth quarter of our 2019 fiscal year that have materially affected, or are reasonably likely
to materially affect, our internal control over financial reporting.



Item
9B. Other Information.



None





8







PART
III



Item
10. Directors, Executive Officers, and Corporate Governance.



Our
executive officers and directors and their respective ages are as follows:



|Name                         |  | Position                          |  | Age |  | Term of Office             
|---------------------------- |  | --------------------------------- |  | --- |  | ---------------------------
|Mohammed Irfan Rafimiya Kazi |  | President, CEO, CFO, and Director |  | 42  |  | March 10, 2020 to present  
|Kateryna Malenko             |  | Secretary and Director            |  | 29  |  | November 2, 2018 to present



The
following describes the business experience of our directors and executive officers, including other directorships held in reporting
companies:



Mohammed
Irfan Rafimiya Kazi has acted as our President, CEO, CFO, and as a director since March 10, 2020. From January 2012 to February
2020, Mr. Kazi acted as a website developer and technical manager for various companies, including Nuclear Power Corporation of
India, E-Digix Technologies Pvt. Ltd., and Virtual Height IT Services Pvt. Ltd., all of which are based in India. He earned a
Bachelor of Computer Application degree from Farah Institute of Computer Science in Hyderabad in 2003.



Kateryna
Malenko has acted as our secretary and as a director since November 2, 2018. She has been self-employed as an independent
sales and business development consultant since 2011. In June 2011, Ms. Malenko graduated from Kharkiv Business Academy with a
Bachelor’s Degree in Business Administration. After graduation, she took an additional course in programming and website
development at Kiev State Polytechnical University in 2015 and 2016. In 2011, Ms. Malenko was working as a junior business consultant
at MMS Group LTD, Kiev, Ukraine and then a project manager for the same company. She has also acted a President, CEO, treasurer,
and a director of Quantum Business Strategies, Inc., a reporting, non-trading company, since December 2016.



Term
of Office



Our
directors are appointed for a one-year term to hold office until the next annual meeting of our shareholders or until removed
from office in accordance with our bylaws. Our officers are appointed by our board of directors and hold office until removed
by the board.



Section
16(A) Beneficial Ownership Reporting Compliance



Section
16(a) of the Exchange Act requires the Company’s executive officers and directors, and persons who beneficially own more
than five percent (5%) of the Company’s equity securities, to file reports of ownership and changes in ownership with the
Securities and Exchange Commission. Officers, directors and greater than ten percent shareholders are required by SEC regulation
to furnish the Company with copies of all Section 16(a) forms they file. Based on its review of the copies of such forms received
by it, the Company believes that during the fiscal year ended July 31, 2020, all such filing requirements applicable to its officers
and directors were complied with, except that Kateryna Malenko was required to file a Form 4 after the forward-split of our common
stock on February 10, 2020.



Code
of Ethics



We
have not adopted a Code of Ethics that governs the conduct of our officer.



Audit
Committee



We
do not have a formal audit committee or an audit committee financial expert. We do not have an audit committee financial expert
because we believe the cost related to retaining a financial expert at this time is prohibitive. Further, because we have limited
operations, at the present time, we believe the services of a financial expert are not warranted.



Item
11. Executive Compensation.



The
following table sets forth the compensation paid by us for the last three completed fiscal years ending for our officer. This
information includes the dollar value of base salaries, bonus awards and number of stock options granted, and certain other compensation,
if any. The compensation discussed addresses all compensation awarded to, earned by, or paid to named executive officers.





9







EXECUTIVE
OFFICER COMPENSATION TABLE



|Name and Principal Position                    |  | Year |                |  | Salary ($) |  |       | Bonus ($) |  |  | Stock Awards ($) |  |  | Option Awards ($) |       |  | Non-Equity Incentive Plan Compensation ($) |  |       | Change in pension value and nonqualified deferred
    compensation earnings ($) |  |  | All Other Compensation ($) |  |  | Total ($) |      
|---------------------------------------------- |  | ---- | -------------- |  | ---------- |  | ----- | --------- |  |  | ---------------- |  |  | ----------------- | ----- |  | ------------------------------------------ |  | ----- | ------------------------------------------------------------------------------- |  |  | -------------------------- |  |  | --------- | -----
|Mohammed Ifran Rafimiya Kazi President and CEO |  |      | 2020           |  |            |  | 0     |           |  |  | 0                |  |  |                   | 0     |  |                                            |  | 0     |                                                                                 |  |  | 0                          |  |  |           | 0    
|Liudmilla Voinarovska Former President and CEO |  |      | 2020 2019 2018 |  |            |  | 0 0 0 |           |  |  | 0 0 0            |  |  |                   | 0 0 0 |  |                                            |  | 0 0 0 |                                                                                 |  |  | 0 0 0                      |  |  |           | 0 0 0
|Kateryna Malenko Secretary                     |  |      | 2020 2019 2018 |  |            |  | 0 0 0 |           |  |  | 0 0 0            |  |  |                   | 0 0 0 |  |                                            |  | 0 0 0 |                                                                                 |  |  | 0 0 0                      |  |  |           | 0 0 0



The
compensation discussed herein addresses all compensation awarded to, earned by, or paid to our named executive officers.



There
are no stock option plans, retirement, pension, or profit sharing plans for the benefit of our officers and directors.



Compensation
of Directors



Our
directors are not compensated for their services as directors. The board has not implemented a plan to award options to any directors.
There are no contractual arrangements with any member of the board of directors. We have no director service contracts.



Change
of Control



We
do not have any pension plans or compensatory plans or other arrangements which provide compensation in the event of a termination
of employment or a change in our control.



Item
12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.



The
following table sets forth, as August 12, 2020, certain information with respect to the beneficial ownership of our common stock
by each stockholder known by us to be the beneficial owner of more than 5% of our common stock and by each of our current directors
and executive officers. Each person has sole voting and investment power with respect to the shares of common stock, except as
otherwise indicated. Beneficial ownership consists of a direct interest in the shares of common stock, except as otherwise indicated.



|Name and Address of Beneficial Owner                               |  | Amount and Nature of Beneficial Ownership |  | Percentage of Class |      
|------------------------------------------------------------------ |  | ----------------------------------------- |  | ------------------- | -----
|                                                                   |  |                                           |  |                     |      
|Mohammed Ifran Rafimiya Kazi                                       |  | 0                                         |  |                     | 0    
|9436 W. Lake Mead Blvd., Ste. 5-53                                 |  | shares of common stock                    |  |                     |      
|Las Vegas, NV 89134                                                |  |                                           |  |                     |      
|                                                                   |  |                                           |  |                     |      
|Kateryna Malenko, Secretary and Director                           |  | 82,240,000                                |  |                     | 48.12
|18124 Wedge Pkwy Suite 1050                                        |  | shares of common stock                    |  |                     |      
|Reno, NV 89511                                                     |  |                                           |  |                     |      
|                                                                   |  |                                           |  |                     |      
|Mehboob Charania                                                   |  | 46,000,000                                |  |                     | 26.91
|30 North Gould Street, Suite R                                     |  | shares of common stock                    |  |                     |      
|Sheridan, WY, 82801                                                |  |                                           |  |                     |      
|                                                                   |  |                                           |  |                     |      
|All directors and officers as a group that consists of two persons |  | 82,240,000shares of common stock          |  |                     | 48.12



The
shares that Kateryna Malenko beneficially owns are held in Kat Consulting Corp., a private company that she controls.



The
shares that Mehboob Charania beneficially owns are held in Real-Time Save Online Inc., a private company that he controls.





10







The
percent of common stock that each shareholder owns is based on 170,912,128 shares of common stock issued and outstanding as of
the date of this Offering Circular.



None
of the above shareholders have any right to acquire additional shares of common stock in the capital of the Company. There are
no arrangements that may result in our change in control of the Company.



Item
13. Certain Relationships and Related Transactions, and Director Independence.



On
April 19, 2019, we completed the acquisition of a website originally located at www.savinstultra.com and now to be located at
www.smartsavenow.com (the “Website”), including, without limitation, the website domain, content, data, and all incorporated
technology, from Real-Time Save Online Inc., a private Wyoming company owned by Mehboob Charania. We issued 11,500,000 shares
of our common stock to the vendor at closing. As a result of the transaction, the vendor became a greater than 10% holder of our
common stock.



Otherwise,
during the Company’s most two most recently completed fiscal years ended July 31, 2020 and 2019, and the period since our
more recently completed fiscal year, we have not entered into any transactions with directors, executive officers, nominees for
election as a director, any 10% shareholders of our common stock, or any immediate family members of the such persons in which
they had a direct or indirect material interest in the transaction.



Director
Independence



We
currently have two directors: Mohammed Irfan Rafimiya Kazi and Kateryna Malenko. Our common stock is quoted on the OTC Markets
Pink Sheets, which does not impose any director independence requirements. Under NASDAQ rule 5605(a)(2), a director is not independent
if he or she is also an executive officer or employee of the corporation or was, at any time during the past three years, employed
by the corporation. Using this definition of independent director, we do not have any independent directors.



Item
14. Principal Accountant Fees and Services.



Audit
Fees.



The
aggregate fees billed by for professional services rendered for the accounting and audit of our financial statement for the fiscal
year ended July 31, 2020 was $9,681.



Audit-Related
Fees.



There
have been no audit-related fees billed by our accountants in the last fiscal year of our Company.



Tax
Fees.



There
have been no tax fees billed by our accountants in the last fiscal year of our Company.



All
Other Fees.



There
have been no other fees billed by our accountants in the last fiscal year of our Company.



It
is the policy of our board of directors that before the accountant is engaged to render audit or non-audit services, the engagement
is approved by the Board of Directors that is at present acting as the Audit Committee.





11







Item
15. Exhibits and Financial Statement Schedules.



Exhibit



|3.1  | Articles of Incorporation of the Company. (Incorporated herein by reference to Exhibit 3.1 to the Company’s Registration Statement on Form SB-2, filed with the Commission on May 7, 2003.)       
|---- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|     |                                                                                                                                                                                                   
|3.1a | Certificate of Change, effective October 23, 2019, providing for a 4-for-1 stock split and increase in authorized common stock.                                                                   
|     |                                                                                                                                                                                                   
|3.2  | By-Laws of the Company. (Incorporated herein by reference to Exhibit 3.2 to the Company’s Registration Statement on Form SB-2 filed with the Commission on May 7, 2003.)                          
|     |                                                                                                                                                                                                   
|31.  | Certification of Chief Executive Officer and Principal  Financial Officer Pursuant to Section 302 of the Sarbanes- Oxley Act of 2002.                                                             
|     |                                                                                                                                                                                                   
|32.  | Certification of Chief Executive Officer and Principal Financial Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, filed herewith.



Copies
of the following documents are included as exhibits to this report pursuant to Item 601 of Regulation S-K.



|SEC Ref. No. |  | Title of Document                                       
|------------ |  | --------------------------------------------------------
|101.INS      |  | XBRL
    Instance Document                              
|101.SCH      |  | XBRL
    Taxonomy Extension Schema Document             
|101.CAL      |  | XBRL
    Taxonomy Calculation Linkbase Document         
|101.DEF      |  | XBRL
    Taxonomy Extension Definition Linkbase Document
|101.LAB      |  | XBRL
    Taxonomy Label Linkbase Document               
|101.PRE      |  | XBRL
    Taxonomy Presentation Linkbase Document        



The
XBRL related information in Exhibits 101 to this Annual Report on Form 10-K/A shall not be deemed “filed” or a part
of a registration statement or prospectus for purposes of Section 11 or 12 of the Securities Act of 1933, as amended, and is not
filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of
those sections.





12







SIGNATURES



In
accordance with Section 13 or 15(d) of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.



|CYBER
    APPS WORLD, INC. |                                                             
|-------------------------- | ------------------------------------------------------------
|                           |                                                             
|By:                        | /s/
    Mohammed Irfan Rafimiya Kazi                        
|                           | Chief
    Executive Officer and 
Principal Financial Officer
|                           |                                                             
|                           | Date:
    August 12, 2020                                   



In
accordance with the Securities Exchange Act, this report has been signed below by the following persons on behalf of the registrant
and in the capacities and on the dates indicated.



|By: | /s/
    Mohammed Irfan Rafimiya Kazi                  | 
|--- | ----------------------------------------------------- | 
|    | Mohammed
    Irfan Rafimiya Kazi                      | 
|    | (President,
    Chief Executive Officer and Director) | 
|    |                                                       | 
|    | Date:
    August 12, 2020                             | 





13