ORLANDO, Fla., Dec. 22, 2020 (GLOBE NEWSWIRE) -- Today’s featured company, Cyber Apps World Inc. (OTC PINK:CYAP), bills itself as a company ‘that intends to focus on using strategic investment strategies to fund, incubate, launch, and grow profitable, multiple businesses as wholly-owned subsidiaries and then spin them off, which will enable the company to issue all CYAP shareholders additional shares in new public subsidiaries subject to the SEC approving of the registration of such spinoff shares on an SEC registration statement.’
Obviously, it would seem the success of the mission would rely heavily on the quality of the project(s).
So, what if the new project is a better-mousetrap ride sharing play that looks to revolutionize an industry that has already been revolutionary?
Cyber Apps latest acquisition is a head turner, a cutting-edge ride-hailing and food delivery computer and mobile device application called Warp Speed Taxi. Click here for the details and conditions of the acquisition.
But markets aren’t market share, and the Company will need to penetrate with innovation and efficiency through its soon to be fully developed app.
Of course, that’s the plan and Cyber Apps World believes its app in the final phases of development will do so via a discount to restaurants who house the service, which it believes will in turn lead to free delivery for patrons.
And that’s just on the food delivery side. Warp Speed Taxi which is under development plans to offer offer ride-hailing passenger transportation services that will launch in the USA and provide customers the opportunity to hire a ride through a smartphone-based app, connecting riders and cabs in an unprecedented manner.
Again, the Company’s stated intention is to develop and monetize ideas like Warp Speed Taxi so that it can spin-out into new public subsidiaries to be owned in part by CYAP shareholders.
Sort of like bringing its investors along for the ride.
About Cyber Apps World Inc.
Cyber Apps World, Inc. is a company that is dedicated to acquiring and developing a worldwide e-commerce internet platform with the purchase and sale of products and services by way of mobile/computer applications worldwide. Cyber Apps World anticipates making available to subscribers, an ever-growing list of applications and programs.
For more information go to: https://cyberappsworld.com and https://cyberappsworld.com/warpspeedtaxi/
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December 22, 2020 at 09:25PM
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Emerging Markets Report: Along for the Ride Other OTC:CYAP - GlobeNewswire
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