NEWS:. Boca Raton, FL (OTC APYP) www.appyea.com initial website updates have been published on the website. Over the next week, we will continue to improve the website. We will be adding additional information to the website throughout the week.
My goal for Appyea is to develop or merge the two subsidiaries of the Company. Upon completing that objective, I want to get the Company back to reporting status and then dividend out the other Subsidiary.
Regarding the first decision for Appyea, I have decided Appyea Holding Inc, one of our subsidiaries, will be going into the Cannabis Blockchain Business. Last year, while I was researching the cannabis industry, I identified some key business models unique to the cannabis industry that are incredibly different from those currently being promoted in the Cannabis Capital Markets. The number one principle that drives the success in the cannabis industry for long term valuation and growth is the principle to acquire the "Customer First." Therefore, building a Cannabis Blockchain for the customers and expanding delivery services that deliver cannabis to people in their homes will be the end target market. I have approved the Subsidiary of AppYea Holding Inc., and the newly formed Canadian Subsidiary will transition, focusing the business development during 2021 on building a Cannabis Blockchain Company.
I view this opportunity based upon the belief that by 2022, California's cannabis market is projected to jump to $5 billion boosted significantly by California's recreational cannabis market. The California cannabis industry's total economic impact could be nearly $10 billion.
Target development for the Cannabis Blockchain Development in 2021 will be:
The Cannabis or Hemp Grower benefits from using the blockchain data for compliance with standard operating procedures to ensure strict manufacturing guidelines for safety. The Grower's additional value can track data to increase crop yield and potentially reduce water consumption, increasing profitability. We envision the Grower's Blockchain and machine learning to determine specific crop details by using predictive analytics and personal data to assess the strain the customers desire the most.
The Environmental benefit results from creating a decentralized, encrypted database validating SOP processes as they occur during Cannabis Cultivation. The record's benefit will track the amount of pesticide used, water consumed, and soil degradation.
The Person partaking in the use of the product benefits from a cleaner and better product to enjoy. In the future, we envision the consumer being able to scan the QR code with their phone and use the Blockchain to see the record of the nutrients solution recipe or the amount of pesticide used during the cultivation and packaging process. The end customer will have a history of the Cannabis plant through all stages of the plant's life cycle to verify the final product's product outcome and authenticity.
The Government could begin using the system to be more efficient with tax collections and implementing more effective regulatory policies. We can expect that governments will finally acceptblockchainbenefits and improve critical applications improving tracking financial transactions and ensuring people's identity in the seed to the sale process.
The Cannabis Blockchain cansignificantlyimprove supply chainsby enabling faster and more cost-efficient product deliveries, enhancing product traceability,and enhancingcoordination between customers, drivers, and central locations.
I feel these targeted areas with a combination of proprietary plans will allow the Company to build out a revenue model and use the base assets being developed to potentially generate revenue within the next year. I recently traveled to the Province of Saskatchewan to view a location and meet with a local representative that owns the property for a site that could access power, internet, and host multiple servers. The vision would include developing Agricultural Data and becoming an Ag Tech Datacenter using blockchain technology.
I have been discussing the opportunity of Appyea Holding developing a Cannabis Blockchain in return for investment directly into the Subsidiary from third parties. Since the discussion is in the early stages, there can be many outcomes from the talks or nothing.
Caution from the CEO:
APYP is an extremely speculative stock. Please be careful when deciding to invest or in trading the common shares of APYP on the OTC. There is a possibility you could lose 100% of your investment. I have no idea what the stock will be valued at and don't know if the price will go up or down in value. We have debt as disclosed in the financials, limited cash, and I am doing my best pursing a dream that might or might not happen. Welcome to the rollercoaster, buckle up and hold on. God is the only person that knows where this is going. Remember, please use only money you can afford to speculate.
Safe Harbor
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. These forward-looking statements are mainly based on the expectations or forecasts of future events, can be affected by inaccurate assumptions, and are subject to various business risks and known and unknown uncertainties, several of which are beyond management control. Therefore, actual results could differ materially from the forward-looking statements contained in this press release. Additional information respecting the factors that could materially affect the Company and its operations are contained in its annual report on OTC Markets or previously filed on Form 10K and Form 10-Q as filed with the Securities and Exchange Commission. The Company undertakes no obligation to update or revise any forward-looking statement publicly.
My goal for Appyea is to develop or merge the two subsidiaries of the Company. Upon completing that objective, I want to get the Company back to reporting status and then dividend out the other Subsidiary.
Regarding the first decision for Appyea, I have decided Appyea Holding Inc, one of our subsidiaries, will be going into the Cannabis Blockchain Business. Last year, while I was researching the cannabis industry, I identified some key business models unique to the cannabis industry that are incredibly different from those currently being promoted in the Cannabis Capital Markets. The number one principle that drives the success in the cannabis industry for long term valuation and growth is the principle to acquire the "Customer First." Therefore, building a Cannabis Blockchain for the customers and expanding delivery services that deliver cannabis to people in their homes will be the end target market. I have approved the Subsidiary of AppYea Holding Inc., and the newly formed Canadian Subsidiary will transition, focusing the business development during 2021 on building a Cannabis Blockchain Company.
I view this opportunity based upon the belief that by 2022, California's cannabis market is projected to jump to $5 billion boosted significantly by California's recreational cannabis market. The California cannabis industry's total economic impact could be nearly $10 billion.
Target development for the Cannabis Blockchain Development in 2021 will be:
The Cannabis or Hemp Grower benefits from using the blockchain data for compliance with standard operating procedures to ensure strict manufacturing guidelines for safety. The Grower's additional value can track data to increase crop yield and potentially reduce water consumption, increasing profitability. We envision the Grower's Blockchain and machine learning to determine specific crop details by using predictive analytics and personal data to assess the strain the customers desire the most.
The Environmental benefit results from creating a decentralized, encrypted database validating SOP processes as they occur during Cannabis Cultivation. The record's benefit will track the amount of pesticide used, water consumed, and soil degradation.
The Person partaking in the use of the product benefits from a cleaner and better product to enjoy. In the future, we envision the consumer being able to scan the QR code with their phone and use the Blockchain to see the record of the nutrients solution recipe or the amount of pesticide used during the cultivation and packaging process. The end customer will have a history of the Cannabis plant through all stages of the plant's life cycle to verify the final product's product outcome and authenticity.
The Government could begin using the system to be more efficient with tax collections and implementing more effective regulatory policies. We can expect that governments will finally acceptblockchainbenefits and improve critical applications improving tracking financial transactions and ensuring people's identity in the seed to the sale process.
The Cannabis Blockchain cansignificantlyimprove supply chainsby enabling faster and more cost-efficient product deliveries, enhancing product traceability,and enhancingcoordination between customers, drivers, and central locations.
I feel these targeted areas with a combination of proprietary plans will allow the Company to build out a revenue model and use the base assets being developed to potentially generate revenue within the next year. I recently traveled to the Province of Saskatchewan to view a location and meet with a local representative that owns the property for a site that could access power, internet, and host multiple servers. The vision would include developing Agricultural Data and becoming an Ag Tech Datacenter using blockchain technology.
I have been discussing the opportunity of Appyea Holding developing a Cannabis Blockchain in return for investment directly into the Subsidiary from third parties. Since the discussion is in the early stages, there can be many outcomes from the talks or nothing.
Caution from the CEO:
APYP is an extremely speculative stock. Please be careful when deciding to invest or in trading the common shares of APYP on the OTC. There is a possibility you could lose 100% of your investment. I have no idea what the stock will be valued at and don't know if the price will go up or down in value. We have debt as disclosed in the financials, limited cash, and I am doing my best pursing a dream that might or might not happen. Welcome to the rollercoaster, buckle up and hold on. God is the only person that knows where this is going. Remember, please use only money you can afford to speculate.
Safe Harbor
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. These forward-looking statements are mainly based on the expectations or forecasts of future events, can be affected by inaccurate assumptions, and are subject to various business risks and known and unknown uncertainties, several of which are beyond management control. Therefore, actual results could differ materially from the forward-looking statements contained in this press release. Additional information respecting the factors that could materially affect the Company and its operations are contained in its annual report on OTC Markets or previously filed on Form 10K and Form 10-Q as filed with the Securities and Exchange Commission. The Company undertakes no obligation to update or revise any forward-looking statement publicly.
$MJ
