UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-K

(Mark One)

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

For the Fiscal Year Ended July 31, ~~2023~~2024

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

For the transition period from to __________to____________

Commission file number: 000-50693

~~Cyber~~Leopard ~~Apps~~Energy, ~~World~~ Inc. (Name of Registrant as Specified in Its Charter)

Nevada

(State or Other Jurisdiction of

Incorporation or Organization)

Via Tomaso Rodari 6, Lugano, Switzerland 6900

(Address of Principal Executive Offices)

+41 791595013

(Issuer's Telephone Number, Including Area Code)

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
None		N/A		N/A

Securities registered pursuant to Section 12(g) of the Act:

Common Stock, par value $0.001

(Title of class)

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

Indicate by check mark 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” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer ☐ Accelerated filer ☐ Non-accelerated filer ☐☒ Smaller reporting company ☒ 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. ☐

If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements. ☐

Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b). ☐

Indicate by check mark whether the registrant is a shell ~~Company~~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 January 31, ~~2023~~2024 was $78407,~~794~~333 based on the closing price of the issuer's common stock on January 31, ~~2023~~2024, the last business day of the registrant's most recently completed second fiscal quarter.

1,272,917 shares of common stock are issued and outstanding as of ~~the~~November ~~date~~21, ~~of this report~~2024.

~~Cyber~~Leopard ~~Apps~~Energy, ~~World~~ Inc.

Annual Report on Form 10-K for the Year ended July 31, ~~2023~~2024

Table of Contents

	~~Page~~	Page
Cautionary Note Regarding Forward-Looking Statements	3	3
PART I		4
Item 1. Business.	4
		5
Item IA. Risk Factors.	7
Item 1. Business.		5
Item lB. Unresolved Staff Comments.	7
Item IA. Risk Factors.		5
Item 2. Properties.	7
Item lB. Unresolved Staff Comments.		5
Item 3. Legal Proceedings.	7
Item 2. Properties.		5
Item 4. Mine Safety Disclosures.	7
Item 3. Legal Proceedings.		5
PART II
Item 4. Mine Safety Disclosures.		5
Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.	8
PART II
Item 6. [Reserved].	8
Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.		5
Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations.	8
Item 6. [Reserved].		5
Item 7A. Quantitative and Qualitative Disclosures About Market Risk.	11
Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations.		6
Item 8. Financial Statements and Supplementary Data.	F-1
Item 7A. Quantitative and Qualitative Disclosures About Market Risk.		8
Item 9. Changes In and Disagreements With Accountants on Accounting and Financial Disclosure.	12
Item 8. Financial Statements and Supplementary Data.		9
Item 9A. Controls and Procedures .	12
Item 9. Changes In and Disagreements With Accountants on Accounting and Financial Disclosure.		10
Item 9B. Other Information.	13
Item 9A. Controls and Procedures .		10
Item 9C. Disclosure Regarding Foreign Jurisdictions That Prevent Inspections.	13
Item 9B. Other Information.		11
PART III
Item 9C. Disclosure Regarding Foreign Jurisdictions That Prevent Inspections.		11
Item 10. Directors, Executive Officers and Corporate Governance.	14
PART III
Item 11. Executive Compensation.	17
Item 10. Directors, Executive Officers and Corporate Governance.		12
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.	19
Item 11. Executive Compensation.		14
Item 13. Certain Relationships and Related Transactions, and Director Independence.	19
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.		14
Item 14. Principal Accountant Fees and Services.	20
Item 13. Certain Relationships and Related Transactions, and Director Independence.		15
PART IV
Item 14. Principal Accountant Fees and Services.		15
Item 15. Exhibits and Financial Statement Schedules.	21
PART IV
Item 16. Form 10-K Summary.	21
Item 15. Exhibits and Financial Statement Schedules.		17
Signatures	22
Item 16. Form 10-K Summary.		17
Signatures		18

Table of Contents

As used in this Annual Report on Form 10-K (this “Report”), and unless otherwise indicated, the terms “the Company,” “~~CYAP~~Leopard Energy,” “we,” “us” and “our” refer to ~~Cyber~~Leopard ~~Apps~~Energy, ~~World~~ Inc. and its subsidiaries.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This Annual Report on Form 10-K (this “Report”) for the Company, contains forward-looking statements, including, without limitation, in the sections captioned “Item 1. Business” and “Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations,” as well as elsewhere in this Report. Any and all statements contained in this Report that are not statements of historical fact may be deemed forward-looking statements. Terms such as “may,” “might,” “would,” “should,” “could,” “project,” “estimate,” “pro-forma,” “predict,” “potential,” “strategy,” “anticipate,” “attempt,” “develop,” “plan,” “help,” “believe,” “continue,” “intend,” “expect,” “future” and terms of similar import (including the negative of any of the foregoing) may be intended to identify forward-looking statements. Not all forward-looking statements, however, may contain one or more of these identifying terms. Forward-looking statements in this Report may include, without limitation, statements regarding (i) the plans and objectives of management for future operations; (ii) a projection of income, earnings per share, capital expenditures, dividends, capital structure or other financial items; (iii) the Company's future financial performance, including any such statement contained in a discussion and analysis of financial condition by management or in the results of operations included pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”); and (iv) the assumptions underlying or relating thereto.

The forward-looking statements are neither historical facts nor assurances of future performance and are not meant to predict or guarantee actual results, performance, events, or circumstances. Instead, they are based upon the Company's current projections, plans, objectives, beliefs, expectations, estimates and assumptions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Company's control. Actual results, the timing of certain events and circumstances, and financial condition may differ materially from those indicated by the forward-looking statements as a result of these risks and uncertainties. Readers are cautioned not to place undue reliance on forward- looking statements because of the risks and uncertainties related to them. Any forward-looking statement made by the Company in this Report is based only on information currently available to the Company and speaks only as of the date on which it is made. The Company undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Table of Contents

PART I

Item 1. Business.

~~Prior Operations~~Background

WeLeopard ~~were~~Energy (f/k/a Cyber Apps World Inc.) was incorporated on July 15, 2002, under the laws of the State of Nevada ~~under~~and ~~the~~engaged ~~name~~in ~~Titan~~a ~~Web~~number ~~Solutions~~of businesses until April 9, 2015, at which we merged with our wholly owned subsidiary Cyber Apps World Inc. ~~with~~and aconcurrently ~~view~~changed our name to ~~offering~~Cyber aApps ~~full~~World ~~range~~Inc. At the time of the merger, we shifted our business ~~consulting~~focused ~~services~~to inthe development of mobile applications focusing on allowing users around the ~~retail~~world ~~specialty~~to ~~coffee~~save ~~industry~~money inon ~~China~~products and services from member merchants and suppliers instantly with mobile coupons, using their desktops and/or mobile devices, including smartphones.

On ~~April~~July 96, ~~2015~~2023, weJanBella ~~merged~~Group, ~~with~~LLC ~~our~~(“JanBella ~~wholly~~Group”), ~~owned~~a ~~subsidiary~~family ~~Cyber~~office, ~~Apps~~acquired ~~World~~100,000 ~~Inc~~outstanding shares of Super A Voting Preferred Stock (the “Series A Preferred Shares”) in satisfaction of a promissory note made by the Company in favor of JanBella Group. ~~and~~The ~~concurrently~~Series ~~changed~~A ~~our~~Preferred ~~name~~Shares had been pledged to ~~Cyber~~secure ~~Apps~~a ~~World~~note ~~Inc~~made by the Company to JanBella. ~~Our~~Thereupon, ~~business~~Mohammed ~~focused~~Irfan onRaimiya Kazi, the ~~development~~Company’s ofChief ~~mobile~~Executive ~~applications~~Officer ~~focusing~~and ona ~~allowing~~director ~~users~~and ~~around~~Kateryna Malenko, the ~~world~~Company’s toSecretary ~~save~~and ~~money~~a ondirector, ~~products~~resigned as officers and ~~services~~directors ~~from~~of ~~member~~the ~~merchants~~Company and ~~suppliers~~William ~~instantly~~Alessi, ~~with~~an ~~mobile~~affiliate ~~coupons~~of JanBella Group, ~~using~~was ~~their~~appointed ~~desktops~~the sole officer and~~/or~~ ~~mobile~~director ~~devices,~~of ~~including~~the ~~smartphones~~Company. WeThe ~~have~~Series ~~not~~A ~~been~~Preferred ~~successful~~Shares inentitle ~~developing~~the ~~revenue~~holder ~~from~~thereof ~~our~~to ~~operations~~99.97% of the voting power of the Company.

~~Recent~~On ~~Developments~~August 23, 2023, JanBella Group sold the Series A Preferred Shares to Zenith Energy Ltd. (“Zenith Energy”). Zenith Energy is a publicly held British Columbia corporation based in Vancouver, B.C., engaged in energy production projects on three continents, whose shares are traded on the London Stock Exchange, Euronext Oslo and the Pink tier of the over-the-counter market maintained by OTC Markets Group, Inc..

OnIn ~~July~~the 6,change ~~2023,~~in ~~JanBella~~control ~~Group~~transaction, ~~LLC~~Zenith ~~(“JanBella~~Energy ~~Group”), a family office,~~ acquired the 100,000 ~~outstanding shares of Super A Voting Preferred Stock (the “~~Series A Preferred Shares”), inrepresenting ~~satisfaction~~99.87% of ~~a promissory note made by~~ the ~~Company~~voting inpower ~~favor~~ of ~~JanBella Group. The Series A Preferred Shares had been pledged to secure a note made by~~ the Company, tofrom JanBella. ~~Thereupon,~~for ~~Mohammed~~consideration ~~Irfan~~of ~~Raimiya~~approximately ~~Kazi~~$398,400. ~~the~~As ~~Company's~~part ~~Chief~~of ~~Executive~~the ~~Officer~~transaction, ~~and~~William ~~a director and Kateryna Malenko~~Alessi, the ~~Company’s~~sole ~~Secretary~~officer and a director, ~~resigned as officers and directors~~ of the Company, ~~and~~appointed ~~William~~Luca ~~Alessi~~Benedetto, anIppolito ~~affiliate of JanBella Group~~Cattaneo, ~~was~~and ~~appointed~~Dario ~~the~~Sodero ~~sole~~as ~~officer~~directors ~~and director~~ of the Company. ~~The~~Thereafter, ~~Series~~Mr. AAlessi ~~Preferred~~resigned ~~Shares~~as ~~entitle~~ the ~~holder~~Company’s ~~thereof~~sole todirector ~~99.97%~~and ~~of the voting power of the Company~~officer.

OnIn ~~August~~addition ~~23,~~to ~~2023, JanBella Group sold~~ the ~~Series~~foregoing, ~~A Preferred Shares to Zenith Energy Ltd~~Mr. ~~(“Zenith~~Luca ~~Energy”).~~Benedetto ~~Zenith~~was ~~Energy~~appointed isPresident aand ~~British~~Treasurer ~~Columbia~~of ~~corporation~~the ~~based~~Company inand ~~Vancouver, B~~Mr.~~C.,~~ ~~engaged~~Ippolito inCattaneo ~~energy~~was ~~production~~appointed ~~projects~~as ~~on three continents, whose shares are traded on~~ the ~~London~~Company’s ~~Stock Exchange and Euronext Oslo~~Secretary.

InOn ~~the~~March ~~change in control transaction~~6, ~~Zenith Energy acquired the 100~~2024,~~000~~ Series A Preferred Shares, representing 99.87% of the voting power of the Company, from JanBella for consideration of approximately $398,400. As part of the transaction, William Alessi, the sole officer and director of the Company, appointed Luca Benedetto, Ippolito Cattaneo, ~~and~~stepped ~~Dario~~down ~~Sodero~~ as ~~directors~~Secretary ~~of the Company (with Messrs. Cattaneo's~~ and ~~Sodero's~~a ~~appointment~~director ~~subject~~of ~~to compliance by CYAP with Rule 14f-l under~~ the ~~Securities Exchange Act of 1934)~~Company. ~~Thereafter, Mr. Alessi resigned as CYAP's sole director and officer.~~

InFollowing ~~addition~~the tochange ~~the~~in ~~foregoing~~control transaction, ~~Mr.~~the ~~Benedetto~~Company ~~was~~began ~~appointed~~shifting ~~President~~its ~~and~~business ~~Treasurer~~focus ofto ~~the~~acquiring energy ~~Company~~production and ~~Mr.~~development ~~Cattaneo~~opportunities ~~was~~in ~~appointed as~~ the ~~Company's Secretary~~U.S.

InOn ~~addition~~January to17, ~~continuing with its present business~~2024, the Company ispurchased ~~exploring~~a ~~potential~~5% ~~expansion~~royalty ~~into~~interest ~~other~~in ~~business~~a ~~sectors,~~package ~~particularly the acquisition~~ of ~~energy~~seven ~~production~~(7) ~~and~~producing ~~development~~oil ~~opportunities~~wells located in the ~~U.S.~~Eagle ~~Zenith~~Ford ~~Energy~~Shale, ~~has~~Lavaca ~~advised~~County, usTexas ~~that intends to invest in~~ (the ~~Company~~“Eagle ~~in order to enable it to accomplish future expansion~~Acquisition”).

~~Privacy~~The Eagle Acquisition is the Company’s first transaction in the U.S. energy production and ~~Value~~development ~~Software~~sector. The Company intends to complete additional acquisitions of this kind in the near future and continue its focus on the U.S. energy sector.

OnEffective ~~March~~April 1526, ~~2022~~2024, wethe ~~entered~~Company ~~into~~changed anits ~~agreement~~name toin ~~acquire~~Leopard ~~employee monitoring software known as “Privacy and Value.” We amended this agreement on April 20~~Energy, ~~2022, and September 28, 2022~~Inc. ~~The software product attempts to balance employer concerns regarding employee efficiency and productivity with employee privacy.~~

AsSince ~~companies~~completion ~~are~~of ~~increasingly attempting to meet~~ the ~~demands~~change ~~of employees that want work environment flexibility and are forced to avoid employee congregation~~ in ~~response~~control ~~to the current global Covid-19 pandemic~~transaction, ~~they are retaining staff that either work from home or they rely on outsourcing to retain employees and independent contractors~~ in ~~other~~August ~~countries.~~2023, ~~One~~Zenith ofEnergy, ~~the~~our ~~primary~~controlling ~~concerns~~stockholder, ~~with~~has ~~having~~provided ~~staff~~$325,759 ~~work~~capital in ~~a separate location that removes them from~~ the ~~daily,~~form ~~direct oversight~~ of ~~management~~payment ismade ~~that~~on ~~employee~~behalf ~~productivity will suffer. One~~ of the ~~responses~~Company toand ~~this~~$45,000 ~~concern~~paid isin ~~for~~capital ~~businesses to use some form of worker surveillance~~ in ~~order to ensure that employees are utilizing their work time efficiently~~cash. ~~However,~~Zenith ~~businesses~~Energy ~~may~~has ~~face~~indicated ~~pushback~~that ~~from~~intends ~~their~~to ~~staff~~continue ~~due~~ to ~~concerns~~finance ~~that~~the ~~their~~Company ~~personal~~and ~~privacy~~its isexpansion ~~compromised~~into ~~when~~the ~~they~~energy ~~are~~sector, ~~subject~~ to ~~constant~~acquire ~~monitoring~~additional ~~during~~royalties ~~work~~and/or ~~hours.~~ownership ~~They~~interest, ~~may~~pending ~~resist~~the ~~practices~~receipt ~~such~~of asadditional ~~webcam surveillance or persistent computer screen observation~~financing.

Table of Contents

To address employer concerns regarding staff efficiency and employee concerns regarding privacy, we intend to market and sell the Privacy and Value software that has features to monitor worker computer productivity while providing employees with reasonable privacy during their work days. The features of the software are as follows:

· the software will monitor the employees' computer desktops while they are actually working on the system. Surveillance will commence when an employee logs on to his or her computer through our software and will continue until the employee logs out of the system. After an employee signs out of the software, recording and monitoring will cease and the employee can access his or her computer contents and the Internet for personal purposes; · when the employee is logged in, the software will allow management to maintain real-time access to employee activity and to view each employee's desktop screen content and the keystrokes that the employee is typing. All of this information will also be recorded and stored for future management use with all information time stamped. The file name for each day's recording will be the employee's first name, last name, and the year, month, and day, which will allow a manager to identify the appropriate recording without difficulty; · based on employee actions, the software will calculate the amount of time that the employee was logged into the system based on a searchable time period (e.g., a shift, a week, or a month). It will also indicate the length of various time periods during which the employee did not make any keystrokes on his or her computer; and · allow the manager to quickly access the recording of employee's desktop at the times when keystrokes commenced and stopped. The software will also provide details of the length of each break that the employee takes during the work period analyzed. It will also have tools that the manager can use, in tabular and graphic form, to compare the efficiency of employees in terms of keystrokes and time logged in to their computer.

The agreement with the vendor provided that in consideration of the vendor selling the Privacy and Value software to us, CYAP would:

	(a)	pay $10,000 to the vendor, which amount was paid in August 2023); and
	(b)	pay an amount equal to the estimation of value of a 50% interest in the software and the related data and databases based on an independent business valuation completed by a valuator who is accredited by the American Society of Appraisers and acceptable to both parties less the $10,000 cash payment noted above. The Company is currently evaluating whether to complete the acquisition of the remaining 50% interest in the software.

Friendly and Fast Delivery Service

We are currently developing a delivery computer application known as Friendly and Fast. The application is being designed to allow users to order food, groceries, and other courier services. Friendly and Fast's focus will strictly be delivery of goods.

Friendly and Fast will target both individuals and corporate customer segments. For corporate clients, this feature will give discounts to restaurant owners, grocery stores, couriers, and similar enterprises so they can affordably provide deliveries to their customers. We are currently organizing beta testing of the application in Ahmedabad, India and have commissioned a private Company to be primarily responsible for the completion of the application development.

Financial Condition

Our financial statements for the year ended July 31, 2023, 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 significant revenue as of July 31, 2023. 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.

5 Table of Contents

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

~~Friendly~~The U.S. market for the acquisition of energy production and ~~Fast~~development ~~Application~~opportunities is highly competitive. There are numerous firms and individuals engaged in the business, many of whom have longer operating histories and greater financial resources than we do. We believe that we can compete effectively based upon the energy sector experience of our executive officers and our controlling stockholders, although no assurance can be given in this regard.

There is intense competition between traditional taxi and courier companies, and delivery service companies. Companies providing ride-hailing services are transitioning from providing traditional taxi services to additional services, such as ride sharing and food and consumer goods delivery, in order to expand the overall market for transportation services.

The delivery service market is quite fragmented as there is high competition in the market among major players. Since this market is expanding, new entrants are emerging as well. We will compete with other delivery service companies, including Uber Eats, Skip The Dishes, Door Dash, and Grubhub that are well-established in North America. In other markets where we may wish to expand, there are also well-established regional companies, such as DiDi (China), Ola (India), Grab (southeast Asia), Bolt (Europe, Africa, and the Middle East), and Cabify (South America). These companies generally have greater financial and technical resources, industry expertise, and managerial capabilities than we do. Most of our competitors benefit from established brand awareness with current and prospective customers.

We believe that industry competition for customers is primarily based on brand recognition, marketing, price, and quality of service. We hope to be able to compete effectively based on these factors though we primarily hope to develop a niche market by providing lower commission charges to restaurants that agree to utilize our food delivery services and by developing underexplored markets, such as businesses that use local courier services for non-food deliveries and rely on traditional vehicle courier companies.

Privacy and Value Software

The software and computer application development business are also extremely fragmented and competitive. The sector includes large, established corporations that develop their products in-house and have the capability and financial resources necessary in order to launch and market their products, as well as large custom software development companies that design products according to client specifications, such as Praxent, Orases, 10Pearls, Fingent, Tack Mobile, and Mercury Development. Additionally, there are smaller niche market participants that focus on a single or small number of products that are well-tailored to specific commercial or consumer demands. Many of these competitors have international operations and are able to not only compete in terms of software quality, but also based on price given their access to software development talent in developing countries, such as India, where skilled labor is less expensive.

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.

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.

6 Table of Contents

Research and Development

We have not incurred any expenditures on research and development activities.

Employees

As of the date of this ~~report~~Report, we have no employees, other than our executive officers. We have retained independent consultants and contractors who are presently completing the necessary additional development of our products.

Item lA. Risk Factors.

As a “smaller reporting ~~Company~~company,” as such term is defined in Rule 12b-2 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”) we are not required to provide this Item.

Item lB. Unresolved Staff Comments.

~~None~~As a “smaller reporting company,” we are not required to provide this Item.

Item 2. Properties.

We do not own ~~any~~or ~~interest~~lease inany real property.

Item 3. Legal Proceedings.

We have no knowledge of any material, active or pending proceeding against us or our subsidiaries, nor are we, or any subsidiary, involved as a plaintiff or defendant in any material proceeding or pending litigation.

Item 4. Mine Safety Disclosures.

None.

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PART II

Market Information

~~The~~Our Common Stock is currently quoted on the ~~OTC~~ Pink ~~marketplace~~tier of the over-the-counter market maintained by OTC Markets Group, Inc., ~~an inter-dealer quotation system,~~ under the symbol ~~"CYAP~~“LEEN."” However, there is currently only a limited trading market for the Common Stock and there is no assurance that a regular trading market will ever develop.

Holders

As of the date of this Report there were 36 holders of record of our Common Stock, based on information provided by the Company's transfer agent. The holders of Common Stock are entitled to one vote for each share held of record on all matters submitted to a vote of stockholders. Holders of Common Stock have no preemptive rights and no right to convert their Common Stock into any other securities. There are no redemption or sinking fund provisions applicable to the Common Stock.

Securities Authorized for Issuance Under Equity Compensation Plans

As of the end of the most recently completed fiscal years, July 31, 2023 and July 31, 2022, the Company did not have any equity compensation plans and have not maintained any such plans since our inceptionNone.

Item 6. [Reserved].

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

The following discussion should be read in conjunction with our consolidated financial statements and notes to ~~those~~our consolidated financial statements, included ~~elsewhere~~ in ~~this~~“Item ~~prospectus~~8. ~~This~~Financial ~~discussion~~Statements ~~contains forward-looking statements that involve risks~~ and ~~uncertainties~~Supplementary Data.” ~~Our actual results and the timing~~ of ~~selected events could differ materially from those anticipated in these forward-looking statements as a result of various factors, including those set forth under "Risk factors" and elsewhere in~~ this ~~prospectus~~Report.

Forward Looking Statements

Certain statements made in this Report may constitute “forward-looking statements on our current expectations and projections about future events.” These forward-looking statements involve known or unknown risks, uncertainties and other factors that may cause our actual results, performance, or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. In some cases you can identify forward-looking statements by some words such as “may,” “should,” “potential,” “continue,” “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates” and similar expressions. These statements are based on our current beliefs, expectations, and assumptions and are subject to a number of risks and uncertainties. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. These forward-looking statements are made as of the date of this Report, and we assume no obligation to update these forward-looking statements whether as a result of new information, future events, or otherwise, other than as required by law. In light of these assumptions, risks, and uncertainties, the forward-looking events discussed in this Report might not occur and actual results and events may vary significantly from those discussed in the forward-looking statements.

Results of Operations

The Company earned income of $2,762 during the fiscal year ended July 31, 2023, compared to losses of $(1,498,322) incurred during the fiscal year ended July 31, 2022.

	For the year ended July,
	2024 ($)			2023 ($)
Revenues		4,429			-
General and administrative expenses		(287,168	)		(139,430	)
Operating loss		(282,739	)		(139,430	)
Total other income (expense)		29,936			(9,464	)
Net loss		(252,803	)		(148,894	)

WeFor ~~have~~the ~~not~~year ~~attained~~ended ~~profitable~~July ~~operations~~31, ~~and~~2024, ~~are~~we ~~dependent~~generated ~~upon~~revenues ~~obtaining~~of ~~financing~~$4,429 tofrom ~~complete~~the ~~our~~royalty ~~proposed~~interest ~~business~~we ~~plan~~acquired in the Eagle Acquisition consummated in January 2024. The ~~For~~royalty ~~these~~interest ~~reasons~~provides ~~our~~the ~~auditors~~Company ~~believe~~with ~~that~~a ~~there~~monthly isdistribution ~~substantial~~of ~~doubt~~its ~~that~~share weor ~~will~~revenues befrom ~~able~~the toproperty, ~~continue~~net asof expenses and operational risks, from an oil production property managed by a ~~going~~non-affiliated ~~concern~~third party.

8We ~~Table~~had ofno ~~Contents~~revenues for the year ended July 31, 2023.

~~Our~~During ~~financial~~the ~~statements~~fiscal ~~have~~year ~~been~~ended ~~prepared~~July ~~assuming~~31, ~~that~~2024, wethe ~~will~~Company ~~continue~~incurred asoperating aexpenses ~~going~~of ~~concern and~~$286, ~~accordingly~~729, doas ~~not~~compared ~~include~~to ~~adjustments~~expenses ~~relating~~of to$139,430 during the ~~recoverability~~fiscal ~~and~~year ~~realization~~ended ofJuly ~~assets~~31, ~~and~~2023. ~~classification~~The majority of ~~liabilities~~the ~~that~~expenses ~~might~~consisted beof ~~necessary~~general ~~should~~and weadministrative beexpenses, ~~unable~~which toincludes ~~continue~~professional ~~in operation~~services.

~~Revenue~~For the year ended July 31, 2024, we had a net loss of $252,803, primarily to professional services under general and administrative expenses. All the expenses were paid by our controlling stockholder Zenith Energy, who renounced to its credit.

WeOur ~~have~~net ~~not~~loss ~~earned~~of ~~any~~$148,894 ~~significant revenue from our operations~~ for the ~~fiscal~~year ~~years~~ ended July 31, 2023, ~~and~~consisted ~~July~~entirely ~~31,~~of ~~2022~~general and administrative expenses.

~~Operating~~6 ~~Expenses~~Table of Contents

The Company has incurred operating expenses of $74,029 during Year Ended July 31, 2023 compared to expenses of $1,498,322 incurred during Year Ended July 31, 2022. The majority of the expenses consisted of general and administrative expenses.

Liquidity and Capital Resources

As of July 31, 2023, our current assets consisted of $3 in cash and deposits and our total liabilities were $237,878 which consisted of convertible notes payable of $180,686, loans payable of $11,597, and accounts payable and accrued expenses of $45,595.

	At July 31, 2024 ($)		At July 31, 2023 ($)
Cash		6,432		3
Total current assets		6,432		3

Non current assets		39,280		-

Current liabilities (Accounts payable)		243,346		123,309

WeAs ~~currently have no external sources~~ of ~~liquidity~~July ~~such~~31, as2024, ~~arrangements~~our ~~with~~current ~~credit~~assets ~~institutions~~consisted orof ~~off-balance~~$6,432 ~~sheet~~in ~~arrangements~~cash, ~~that~~as ~~will~~compared ~~have~~to or$3 ~~are~~in ~~reasonably~~case ~~likely~~at toJuly ~~have~~31, a2023 ~~current~~and ordeposits ~~future~~$6,429, ~~effect~~as oncompared ~~our~~to ~~financial~~$ ~~condition~~Nil orat ~~immediate~~July ~~access~~31, ~~to capital~~2023.

~~Our~~Cash ~~financial~~Flows ~~statements~~from ~~have~~Operating been prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”) which contemplates our continuation as a going concern. We have not yet generated any revenue and have incurred losses to date of approximately $(10,880,173). In addition, our current liabilities exceed our current assets by $45,592. These factors raise substantial doubt about our ability to continue operating as a going concern. Our ability to continue our operations as a going concern, realize the carrying value of our assets, and discharge our liabilities in the normal course of business is dependent upon our ability to raise capital sufficient to fund our commitments and ongoing losses, and ultimately generate profitable operations.Activities

Zenith Energy has advised us that it intends to invest in the Company in order to enable it to accomplish future expansion, although we have no definitive agreement in that regard.

For the year ended

July 31,

2024

($)

2023

($)

Net cash provided from (used in) operating activities

(154,323

)

48,360

~~Cash~~For ~~Flows~~the fiscal year ended July 31, 2024, net cash used in operating activities was $154,323, consisting of our net loss for the period of $252,803, increased by the accounts payable of $131,656 and decreased by a convertible notes write-off of $8,423, a loan payable write-off of $13,134, and an accounts payable write off of $11,619.

~~Operating~~Cash Flows from Investing Activities

We have not generated positive cash flows from operating activities. For the fiscal year ended July 31, 2023, net cash outflows used in operating activities were $61,761 consisting of our net profit for the period of $2,762 and accounts payable of $64,523.

For the year ended

July 31,

2024

($)

2023

($)

Net cash provided by (used in) investing activities

(39,280

)

(73,942

)

~~Investing~~For ~~Activities~~the fiscal year ended July 31, 2024, we invested $39,280, for the acquisition of the 5% royalty interest in a package of seven (7) producing oil wells located in the Eagle Ford Shale, Lavaca County, Texas. In the year ended July 31, 2023 the Company invested $73,942 in the software development with respect to its prior business.

~~For~~Cash ~~the~~Flows ~~fiscal~~from ~~year~~Financing ~~ended July 31, 2023, we spent $73,942 of our cash for software development.~~Activities

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

	For the year ended July 31,
	2024 ($)		2023 ($)
Net cash provided by (used in) financing activities		200,032		121,986

~~Since~~For ~~our~~the ~~incorporation,~~fiscal weyear ~~have~~ended ~~financed~~July ~~our~~31, ~~operations~~2024, ~~through~~net ~~advances~~ cash from ~~our~~investing ~~shareholders,~~activities ~~and~~was by$200,032, ~~payments~~due ~~made by a third party. We expect~~ to ~~finance~~additional ~~operations~~paid ~~through~~in ~~the~~capital ~~sale~~provided ofby ~~equity~~Zenith orEnergy, ~~other~~our ~~investments~~controlling ~~for the foreseeable future~~stockholder, asoffset weby dothe ~~not~~payment ~~receive~~of ~~significant~~convertible ~~revenue~~notes ~~from~~net ~~our~~of ~~business~~the ~~operations~~amount written-off. For ~~There~~the isfiscal noyear ~~guarantee~~ended ~~that~~July we31, ~~will~~2023, benet ~~successful~~cash infrom ~~arranging~~ financing onactivities ~~acceptable~~was ~~terms~~$121,986.

9Since ~~Table~~the change in control transaction completed in August 2023, Zenith Energy, our controlling stockholder, has provided $325,759 capital in the form of ~~Contents~~payment made on behalf of the Company and $45,000 paid in capital in cash.

~~Our~~7 ~~ability~~Table 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.~~Contents

Our ~~auditors~~financial ~~are~~statements ofhave ~~the~~been ~~opinion~~prepared ~~that~~in conformity with U.S. generally accepted accounting principles (“GAAP”), which contemplates our continuation as a going concern. isAs inof July 31, 2024, we have incurred losses of $11,708,450. In addition, as of July 31, 2024 our current liabilities exceed our current assets by $217,770. These factors raise substantial doubt about our ability to continue operating as a going concern. Our ~~continuation~~ability to continue our operations as a going concern, realize the carrying value of our assets, and discharge our liabilities in the normal course of business is dependent upon ~~continued~~our ~~financial~~ability ~~support~~to ~~from~~raise capital sufficient to fund our ~~shareholders~~commitments and ~~other~~ongoing ~~related~~losses, ~~parties~~and ultimately generate profitable operations.

~~Financing~~We ~~Activities~~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. In addition, Zenith Energy, our controlling stockholder has advised us that intends to provide the Company with working capital to fund operations and acquisitions, pending receipt of additional funding.

WeCritical ~~have~~Accounting financed our operations primarily from either third-parties or the issuance of equity and debt instruments. For the fiscal year ended July 31, 2023, net cash from financing activities was $135,386, which consisted of proceeds from issuance of additional shares of our common and preferred stock of $31,900, and issue of convertible notes payable of $103,486, which were converted into our shares pursuant to the terms of convertible promissory notes.Estimates

~~Critical~~Our ~~Accounting~~financial ~~Policies~~statements and the notes to the financial statements have been prepared in accordance with GAAP applied on a consistent basis. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods.

Our financial statements and accompanying notes have been prepared in accordance with United States generally accepted accounting principles ("GAAP") applied on a consistent basis. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods.

We regularly evaluate the accounting policies and estimates that we use to prepare our financial statements. A complete summary of these policies is included in the notes to our financial statements. In general, management's estimates are based on historical experience, on information from third party professionals, and on various other assumptions that are believed to be reasonable under the facts and circumstances. Actual results could differ from those estimates made by management.

The financial statements have been prepared in conformity GAAP, which contemplates our continuation as a going concern. The Company has no revenue since January 1, 2020, and has incurred losses to date of approximately $(10,880,173). In addition, the Company's current liabilities exceed its current assets by $45,592. The Company intends on financing its future development activities and its working capital needs largely from the sale of public equity securities with some additional funding from other traditional financing sources, including term notes until such time that funds provided by operations are sufficient to fund working capital requirements. These factors raise substantial doubt about the Company's ability to continue operating as a going concern. The Company's ability to continue our operations as a going concern, realize the carrying value of our assets, and discharge our liabilities in the normal course of business is dependent upon our ability to raise capital sufficient to fund its commitments and ongoing losses, and ultimately generate profitable operations.

Contractual Obligations

WeAs ~~are~~ a “smaller reporting ~~Company~~company” aswe ~~defined by Rule 12b-2 of the Exchange Act and~~ are not required to provide ~~the information under~~ this ~~item~~information.

10 Table of Contents

Off-Balance Sheet Arrangements

Under SEC regulations, we are required to disclose off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, such as changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to investorsNone. ~~An off-balance sheet arrangement means a transaction, agreement or contractual arrangement to which any entity that is not consolidated with us is a party, under which we have:~~

· any obligation under certain guaranteed contracts, · any retained or contingent interest in assets transferred to an unconsolidated entity or similar arrangement that serves as credit, liquidity or market risk support to that entity for such assets, · any obligation under a contract that would be accounted for as a derivative instrument, except that it is both indexed to our stock and classified in shareholder equity in our statement of financial position, and · any obligation arising out of a material variable interest held by us in an unconsolidated entity that provides financing, liquidity, market risk or credit risk support to us, or engages in leasing, hedging or research and development services with us.

We do not have any off-balance sheet arrangements that we are required to disclose pursuant to these regulations. In the ordinary course of business, we enter into operating lease commitments, purchase commitments and other contractual obligations. These transactions are recognized in our financial statements in accordance with generally accepted accounting principles in the United States.

Revenue Recognition

The Company recognizes revenue when control of promised goods or services is transferred to the Company's customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services.

Prior to the Merger Agreement as of December 31, 2020, with respect to sales of product to both franchisee and non-franchisee customers, the Company transfers control, invoices the customer and recognizes revenue upon shipment to the customer. Sales prices are based on fixed price lists that are different depending on whether the price list is for franchisee customers or for non-franchisee customers. Sales, value add and other taxes collected concurrent with revenue-producing activities are excluded from revenue.

Recent Accounting Pronouncements

No accounting standards that have been issued or proposed by the FASB or other standards-setting bodies that require adoption until a future date are expected to have a material impact on the Company's financial statements upon adoption.

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

~~Not~~As ~~applicable~~a “smaller reporting company” we are not required to provide this information.

118 Table of Contents

Item 8. Financial Statements and Supplementary Data (PCAOB 50909).

LEOPARD ENERGY, INC. F/K/A CYBER APPS WORLD INC. ~~FINANCIAL STATEMENTS~~

July 31, ~~2023~~2024 and July 31, ~~2022~~2023

Index to Financial Statements

Reports of Independent Registered Accounting Firms		F-2
		Page
Consolidated Balance Sheets as of July 31, 2023, and 2022		F-4
Report of Independent Registered Accounting Firm (PCAOB ID 1171)		F-1
Consolidated Statements of Operations for Years Ended July 31, 2023, and 2022		F-5
Consolidated Balance Sheets as of July 31, 2024, and 2023		F-2
Consolidated Statement of Stockholders' Deficiency for the Years Ended July 31, 2023, and 2022		F-6
Consolidated Statements of Operations and Comprehensive Loss for Years Ended July 31, 2024, and 2023		F-3
Consolidated Statements of Cash Flows for the Years Ended July 31, 2023, and 2022		F-7
Consolidated Statement of Changes in Shareholder’s Deficit for the Years Ended July 31, 2024, and 2023		F-4
Notes to Consolidated Financial Statements for the Years Ended July 31, 2023, and 2022		F-8
Consolidated Statements of Cash Flows for the Years Ended July 31, 2024, and 2023		F-5
Notes to Consolidated Financial Statements for the Years Ended July 31, 2024, and 2023		F-6

Table of Contents

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To:	The Shareholders and the Board of Directors of
	Leopard Energy, Inc.

Opinion on the Financial Statements

We have audited the accompanying consolidated balance sheet of Leopard Energy, Inc and its Subsidiaries (collectively, “the Company”) as of July 31, 2024, and the related consolidated statements of operations and comprehensive loss, changes in shareholders’ deficit, and cash flows for the year ended July 31, 2024, and the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of July 31, 2024, and the results of its operations and its cash flows for the year ended July 31, 2024, in conformity with accounting principles generally accepted in the United States of America.

Substantial Doubt about the Company’s Ability to Continue as a Going Concern

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 1 to the financial statements, the Company incurred substantial losses during the years ended July 31, 2024 and 2023. As of July 31, 2024, the Company had a working capital deficit. Accordingly, these factors give rise to substantial doubt that the Company will be able to continue as a going concern. Management closely monitors the Company’s financial position and has prepared a plan that is found in Note 1 that addresses this substantial doubt. These financial statements do not include any adjustments that might result from the outcome of this uncertainty.

Basis for Opinion

These financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on the Company’s financial statements based on our audits. We are 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 U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we 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. The Company is not required to have, nor were we engaged to perform, audits of its internal control over financial reporting. As part of our audits, we are required to obtain an understanding of internal controls over financial reporting, but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal controls over financial reporting. Accordingly, we express no such opinion.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, 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. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

/s/ WWC, P.C.
WWC, P.C.
Certified Public Accountants
PCAOB ID: 1171

We have served as the Company’s auditor since 2024.

San Mateo, California

November 22, 2024

F-1

Table of Contents

AHMED & ASSOCIATES CPA P.C.

LEOPARD ENERGY, INC.
Consolidated Balance Sheets
	As of July 31,
	2024			2023
ASSETS	$			$
Current assets:
Cash	$	6,432		$	3
Total current assets		6,432			3

Royalty interests		39,280			-
Total Assets	$	45,712		$	3
LIABILITIES AND (DEFICIT) EQUITY
Current liabilities:
Accounts payable and accrued liabilities	$	243,346		$	123,309
Total current liabilities		243,346			123,309

Convertible notes payable		-			179,150
Loan payable		-			13,134
Total non-current liabilities		-			192,284
Total Liabilities		243,346			315,593
STOCKHOLDER’S DEFICIT
Preferred stock, $0.001 par value, 10,000,000 authorized, 100,000 issued and outstanding as of July 31, 2023 and 2022		100			100
Common stock, $0.001 par value, 250,000,000 shares and 889,011,264 shares authorized, 1,272,917 issued and outstanding as of July 31, 2023 and 2022, respectively		1,272			1,272
Additional paid in capital		11,525,944			11,155,185
Accumulated deficit		(11,724,950	)		(11,472,147	)
Total Stockholder’s Deficit		(197,634	)		(315,590	)

Total Liabilities and Stockholder’s Deficit	$	45,712		$	3

~~New~~The ~~Hyde~~accompanying ~~Park,~~notes ~~New~~are ~~York,~~an ~~United~~integral ~~States~~part ~~Phone:~~of +lthese ~~9179970677~~consolidated financial statements.

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, cash flows, including the related notes and any related schedules for the years ended July 31, 2023. In my opinion the financial statements present fairly in all material respects the financial position of the Company as of July 31, 2023 and the results of its operations and its cash flows for the year then ended in conformity with accounting principles generally accepted in the United States of America.

Going concern matters.

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 2 to the financial statements, the Company has incurred losses, and has an accumulated deficit which raises substantial doubt about its ability to continue as a going concern. Management's plans concerning these matters are also described in Note 2. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

Basis for opinion.

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 have 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.

Critical audit matters.

Critical audit matters are matters arising from the current period audit of the financial statements that were communicated or required to be communicated to the audit committee and that: (1) relate to accounts or disclosures that are material to the financial statements and (2) involved my especially challenging, subjective, or complex judgments. I have determined that there are no critical audit matters to report.

The Company is not required to have, nor was I engaged to perform, an audit of its internal control over financial reporting. As part of my audit, I am required to obtain an understanding of internal control over financial reporting, but not for the purpose of expressing an opinion on the effectiveness of the Company's internal control over financial reporting. Accordingly, I express no such opinion.

/s/ Rizwan Ahmed

Ahmed & Associates, CPA

Rizwan Ahmed, CPA

October 11, 2023

F-2

Table of Contents

JACK SHAMA, CPA, MA

LEOPARD ENERGY, INC.
Consolidated Statements of Operations and Comprehensive Loss
	For the Years Ended July 31,
	2024			2023
	$			$
Revenue	$	4,429		$	-

Cost of revenue		-			-
Gross Income		4,429			-

General and administrative		(287,168	)		(139,430	)
Total operating expenses		(287,168	)		(139,430	)

Operating loss		(282,739	)		(139,430	)

Other income (expense)
Gain from convertible notes write off		8,423			-
Gain from loan payable write off		13,134			-
Gain from Accounts payable write off		11,619			-
Financial expense		(3,240	)		(9,464	)
Total other income (expense)		29,936			(9,464	)

Net loss		(252,803	)		(148,894	)

Basic net loss per common share		(0.20	)		(0.13	)
Diluted net loss per common share		(0.20	)		(0.13	)
Basic weighted average common shares outstanding		1,272,917			1,145,667

1498 East 32nd Street

Brooklyn, NY 11234

631-318-0351

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, cash flows, including the related notes and any related schedules for the years ended July 31, 2022 and July 31, 2021. In my opinion the financial statements present fairly in all material respects the financial position of the company as of July 31, 2022 and July 31, 2021and the results of its operations and its cash flows for the years then ended in conformity with accounting principles generally accepted in the United States of America.

Going concern matters.

The accompanying financial statements have been prepared assuming that the company will continue as a going concern. As discussed in Note 2 to the financial statements, the company has incurred losses, and has an accumulated deficit which raises substantial doubt about its ability to continue as a going concern. Management’s plans concerning these matters are also described in Note 2. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

Basis for opinion.

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.

Critical audit matters.

The company is not required to have, nor was I engaged to perform, an audit of its internal control over financial reporting. As part of my audit, I am required to obtain an understanding of internal control over financial reporting, but not for the purpose of expressing an opinion on the effectiveness of the company’s internal control over financial reporting. Accordingly, I express no such opinion.

/s/ Jack Shama

Jack Shama, CPA

October 3, 2022

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

F-3 Table of Contents

Cyber Apps World, Inc.

Consolidated Balance Sheets July 31,

	2023		2022
ASSETS
Current assets
Cash	$	3	$	320
Prepaid expenses		-		7,652
Total current assets		3		7,972
Other assets
Software development		488,696		414,753
Total other assets		488,696		414,753
Total assets	$	488,699	$	422,724

LIABILITIES AND STOCKHOLDERS' DEFICIT
Current liabilities
Accounts payable and accrued expenses	$	45,596		$	117,769
Total current liabilities		45,596			117,769
Non-current liabilities
Convertible notes payable		180,686			77,200
Loan payable		11,597			11,597
Total non-current liabilities		192,283			88,797
Total liabilities		237,879			206,566
Commitments and contingencies (Note 7)
Stockholders' equity
Preferred stock, $0.001 par value, 10,000,000 authorized, 100,000 issued and outstanding as of July 31, 2023 and 2022		100			100
Common stock: $0.001 par value, 250,000,000 authorized, 1,272,917 issued and outstanding as of July 31, 2023 and 5,000,000,000 authorized, 807,616,147 issued and outstanding as of July 31, 2022, respectively		506,755			444,701
Additional paid-in capital		10,624,138			10,654,292
Accumulated deficit	(10,880,173		)	(10,882,935		)
Total stockholders' equity		250,820			216,158
Total liabilities and stockholders' equity	$	488,699		$	422,724

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

F-3

Table of Contents

LEOPARD ENERGY, INC.
Consolidated Statements of Changes in Shareholder’s Equity

													Additional
	Common Stock						Preferred Stock						paid in		Accumulated
	Number			Par Value			Number			Par Value			Capital		Deficit			Total
				$						$			$		$			$
Opening balance as of July 31, 2022		961,448			961									11,123,597		(11,323,253	)		(198,695	)
Issuance of Common stock from convertible notes conversion		98,160			98									23,388					23,486
Issuance of Common Stock		250,387			250									8,200					8,450
Cancellation of Common shares		(37,078	)		(37	)													(37	)
Issuance of Preferred stock								300,000			300								300
Cancellation of Preferred stock								(200,000	)		(200	)							(200	)
Net Loss		-			-			-			-			-		(148,894	)		(148,894	)
Closing Balance as of July 31, 2023		1,272,917			1,272			100,000			100			11,155,185		(11,472,147	)		(315,590	)

Opening balance as of August 1, 2023		1,272,917			1,272			100,000			100			11,155,185		(11,472,147	)		(315,590	)
Additional paid in capital														370,759					370,759
Net Loss																(252,803	)		(252,803	)
Closing Balance as of July 31, 2024		1,272,917			1,272			100,000			100			11,525,944		(11,724,950	)		(197,634	)

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

F-4

Table of Contents

Cyber Apps World, Inc.

LEOPARD ENERGY, INC.
Consolidated Statements of Cash Flows
	For the Years Ended July 31,
	2024			2023
	$			$
Cash flows from operating activities:
Net loss		(252,803	)		(148,894	)
Adjustments to reconcile net loss to net cash used in operating activities:
Impairment loss		-			73,942
Convertible notes interest accrued for conversion		-			9,463
Original initial discount and legal processing fees		-			19,340
Convertible Notes Write off		(8,423	)		-
Loan Payable write off		(13,134	)		-
Accounts payable write off		(11,619	)		-
Changes in assets and liabilities:		-			-
Deposit & Prepayments		-			(7,652	)
Accounts payable and accrued expenses		131,656			5,440
Net cash used in operating activities		(154,323	)		(48,360	)

Cash flows from investing activities:
Royal interest acquisition		(39,280	)		-
Software development		-			(73,942	)
Net cash used in investing activities		(39,280	)		(73,942	)

Cash flows from financing activities:
Proceeds from Convertible bond		-			102,436
Proceeds from Loan		-			22,000
Repayment made to Loan balance		-			(11,000	)
Convertible Notes repayment		(170,727	)		-
Proceeds from Issuance of preferred shares		-			100
Proceeds from Issuance of common shares		-			8,450
Proceeds provided by additional paid in capital		370,759			-
Net cash from financing activities		200,032			121,986

Net change in cash		6,429			(317	)
Cash at beginning of period		3			320

Cash at end of period		6,432			3

Non cash activities
Issuing common stock and preferred stock in connection with convertible notes		-			23,486
Convertible notes payable and accounts payable repayment made by shareholder on behalf of the Company		187,727			-
Expenses payment made by shareholder on behalf of the Company		138,032			-

Consolidated Statements of Operations

For the Years Ended July 31,

	2023			2022
Revenue	$	-		$	11
Operating expenses
General and administrative expenses		74,029			1,498,322
Total operating expenses		74,029			1,498,333
Operating loss		(74,029	)		(1,498,322	)
Other income(expense)
Interest expense		(923	)
Gain on write off of liabilities		77,714
Total other income (expense)		76,791
Net income (loss)	$	2,762		$	(1,498,322	)
Basic and diluted net income (loss) per common share	$	0.00		$	0.00	)
Basic and diluted weighted average common shares outstanding		1,272,917			807,616,147

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

F-5

Table of Contents

~~Cyber~~LEOPARD ~~Apps~~ENERGY, ~~World Inc~~INC.

Consolidated Statements of Stockholders' Equity

July 31, 2023 and 2022

	Preferred Stock					Common Stock						AdditionalPaid-in			Sharesto be			Accumulated
	Shares		Amount			Shares			Amount			Capital			Issued			Deficit			Total
Balance, July 31, 2021			$			$	388,986,268		$	39,079		$	10,384,113		$	23,000		$	(9,388,089	)	$	1,058,103
Cancellation of shares as of January 31, 2022							(141,000,000	)		(14,100	)											(14,100	)
Common stock issued for cash							559,629,879			419,722			270,179									689,901
Preferred stock issued				100																		100
Shares to be issued		100,000														(23,000	)					(23,000	)
Other																			3,465			3,465
Net loss for the period ended July 31, 2022																			(1,498,311	)		(1,498,311	)
Balance, July 31, 2022		100,000	$	100		$	807,616,147		$	444,701		$	10,654,292		$			$	(10,882,935	)	$	216,158
Balance, July 31, 2022		100,000	$	100		$	807,616,147		$	444,701		$	10,654,292		$			$	(10,882,935	)	$	216,158
Issuance of common stock							98,045,405			62,052			(30,152	)								31,900
Preferred stock issued		200,000		200																		200
Cancellation of common stock							(904,390,639	)
Cancellation of preferred stock		200,000		(200	)																	(200	)
Round up shares							2,004			2			(2	)
Net income for the period ended July 31, 2023																			2,762			2,762
Balance, July 31, 2023		500,000	$	100		1,272,917			$	506,755		10,624,138			$			$	(10,880,173	)	$	250,820

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

F-6 Table of Contents

Cyber Apps World, Inc.

Consolidated Statements of Cash Flows

For the Years Ended July 31,

	2023			2022
Cash flows from operating activities:
Net income (loss)	$	2,762		$	(1,498,322	)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Impairment loss					1,350,000
Changes in assets and liabilities:
Prepaid expenses					35,000
Accounts payable and accrued expenses		(64,523	)		(102,543	)
Net cash used in operating activities		(61,761	)		(215,865	)
Cash flows from investing activities:
Software development		(73,942	)		(70,866	)
Net cash used in investing activities		(73,942	)		(70,866	)
Cash flows from financing activities:
Change in convertible notes payable		103,486			(392,550	)
Change in loan payable		-			(43,482	)
Shares to be issued		-			(23,000	)
Proceeds from issuance of preferred stock		-			100
Proceeds from issuance of common stock		62,054			405,622
Proceeds from issuance of additional paid-in capital		(30,154	)		270,179
Net cash provided by financing activities		135,386			216,869
Net decrease in cash		(317	)		(69,862	)
Cash at beginning of period		320			70,182
Cash at end of period	$	3		$	320
Cash paid for interest	$	-		$	-
Cash paid for taxes	$	-		$

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

F-7 Table of Contents

CYBER APPS WORLD INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

July 31, ~~2023~~2024

Note 1. ~~Financial~~Organization ~~Statement~~and ~~Presentation~~Business Description

~~Cyber~~Leopard ~~Apps~~Energy, ~~World~~ Inc. ~~(the~~and ~~“Company”),~~its ~~following~~subsidiaries ~~the merger with the Company's wholly owned subsidiary on April 9~~(Collectively, ~~2015, (formed for~~ the ~~sole purpose of merging with its parent~~“Company”), ~~has~~was ~~been~~historically engaged in 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. WeThe Company have not been successful in developing revenue from ~~our~~these operations in its operating history.

~~The~~Since ~~summary~~the transfer of ~~significant~~its ~~accounting~~controlling ~~policies~~interest ~~is presented to assist~~ in ~~the~~August ~~understanding~~2023, of the ~~financial~~Company ~~statements.~~redirect ~~The~~its ~~financial~~business ~~statements~~into ~~and notes are~~ the ~~representations~~energy ofsector, ~~management.~~mainly ~~These~~aiming ~~accounting~~at ~~policies~~investment ~~conform to accounting policies generally accepted~~ in ~~the~~royalty ~~United~~interest ~~States~~ of ~~America~~energy ~~and~~related ~~have~~petrol ~~been~~and ~~consistently~~mineral ~~applied in the preparation of the financial statements~~production.

The Company has filed an Amendment to its Articles of Incorporation (the “Amendment”) with the Secretary of State of Nevada, changing its name from “Cyber Apps World Inc.” to “Leopard Energy, Inc.” effective April 26, 2024.

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.

On August 23, 2023, the original shareholder JanBella Group sold the Series A Preferred Shares to Zenith Energy Ltd. (“Zenith Energy”). Zenith Energy is a British Columbia corporation based in Vancouver, B.C., engaged in energy production projects on three continents, whose shares are traded on the London Stock Exchange and Euronext Oslo. In connection with the share and purchase agreement, it was agreed between the parties that part of the purchase price paid by Zenith would be used by JanBella to settle some outstanding liabilities of Leopard Energy, as it happened. Along with the transition of interest, certain debtors agreed to partially write off their debt due from the company upon partial payment made by JanBella.

This resulted in the following gain from write-off of liabilities

·	Write off convertible notes	$	8,423
·	Write off loan payable	$	13,134
·	Write off Accounts payable	$	11,619

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Table of Contents

Basis of Presentation

The accompanying financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“US GAAP”). The Company's functional currency is the USD.

Principles of consolidation

The consolidated financial statements include the financial statements of the Company and its subsidiary. All intercompany transactions and balances, if any, are eliminated upon consolidation.

A subsidiary is an entity in which the Company, directly or indirectly, controls more than one half of the voting power, has the power to appoint or remove the majority of the members of the board of directors, to cast a majority of votes at the meeting of the board of directors or to govern the financial and operating policies of the investee under a statute or agreement among the shareholders or equity holders.

Going Concern

The accompanying audited consolidated financial statements have been prepared assuming that the Company will continue audited as a going concern, which contemplates the realization of assets and the discharge of liabilities in the normal course of business for the foreseeable future.

As reflected in the accompanying audited consolidated financial statements ~~for~~ the ~~year~~Company ~~ended~~had ~~July~~a ~~31,~~loss ~~2023, we incurred net income~~ of $2252,~~762.~~803 Inand ~~addition, we reported cash used in operations of~~$~~(61~~148,~~761)~~894 during ~~from our operating activities for~~ the fiscal year ended July 31, 2024 and 2023, respectively. As of July 31, ~~2023~~2024, wethe Company had accumulated deficit of $~~(10~~11,~~880~~724,~~173)~~950 and a working capital deficit of $45236,~~593~~917. ~~The Company earned revenue of $2,762 for the year ended July 31, 2023.~~ Management believes these factors raise substantial doubt about ~~our~~the Company’s ability to continue as a going concern for the next twelve months.

~~Since~~Management ~~its~~recognized ~~incorporation,~~that the Company’s ~~financed~~continued ~~its~~existence ~~operations~~is ~~almost~~dependent ~~exclusively~~upon ~~through advances from~~ its ~~controlling~~ability ~~shareholders.~~to ~~Management's~~obtain ~~plans~~needed ~~are~~working tocapital ~~finance operations~~ through ~~the~~additional ~~sale of~~ equity and/or ~~other~~debt ~~investments~~financing ~~for~~and ~~the~~revenue ~~foreseeable~~to ~~future,~~cover expenses as the Company ~~does~~continues ~~not~~to ~~receive~~incur ~~significant~~losses. ~~revenue~~Management ~~from~~monitors ~~its~~and ~~new~~analyzes ~~business~~the ~~operations.~~Company’s ~~There~~cash ison-hand, noits ~~guarantee~~ability ~~that~~to ~~the~~generate ~~Company~~sufficient ~~will~~revenue besources ~~successful~~ in ~~arranging~~the ~~financing~~future, onand ~~acceptable~~its ~~terms~~operating and capital expenditure commitments.

~~The~~Since ~~Company's~~its ~~ability~~incorporation, tothe ~~raise~~Company ~~additional~~has ~~capital~~financed isits ~~affected~~operations bythrough ~~trends~~advances ~~and~~from ~~uncertainties beyond~~ its ~~control.~~controlling ~~The~~shareholders, ~~Company~~third-party ~~does~~convertible ~~not currently have any arrangements for financing~~debt, and itthe ~~may~~sale ~~not~~of beits ~~able~~common ~~to find such financing if required~~stock. ~~Obtaining~~Management’s ~~additional~~plans ~~financing~~are ~~would~~to befinance ~~subject~~operations tothrough athe ~~number~~sale of ~~factors,~~equity ~~including~~or ~~investor~~other ~~sentiment.~~investments ~~Market~~for ~~factors may make~~ the ~~timing,~~foreseeable ~~amount~~future, ~~terms~~as orthe ~~conditions~~Company ofdoes ~~additional~~not ~~financing~~receive ~~unavailable~~significant torevenue ~~it.~~from ~~These~~its ~~uncertainties~~business ~~raise~~operations. ~~substantial~~There ~~doubt~~is ~~about~~no ~~the~~guarantee ~~ability~~that of the Company towill ~~continue~~be assuccessful ain ~~going~~arranging ~~concern.~~financing ~~The~~on ~~accompanying~~acceptable ~~financial statements do not include any adjustments that might result from the outcome of these uncertainties~~terms.

~~These~~The ~~financial~~Company’s ~~statements~~ability doto ~~not~~raise ~~include~~additional ~~any~~capital ~~adjustments~~is toaffected ~~reflect~~by ~~the~~trends ~~possible~~and ~~future~~uncertainties ~~effect~~beyond onits ~~the~~control. ~~recoverability~~The ~~and~~Company ~~classification~~does ofnot ~~assets~~currently orhave ~~the~~any ~~amounts~~arrangements ~~and~~for ~~classifications~~financing, ofand ~~liabilities~~it ~~that~~ may ~~result~~not ~~from~~be ~~the~~able ~~outcome~~to offind ~~these~~such ~~uncertainties.~~financing ~~Management~~if ~~believes~~required. ~~that~~Obtaining ~~the~~additional ~~actions~~financing ~~presently~~would ~~being~~be ~~taken~~subject to ~~obtain~~a ~~additional~~number ~~funding~~of ~~and~~factors, ~~implement~~including ~~its~~investor ~~strategic~~sentiment. ~~plan~~Market ~~provides~~factors may make the ~~opportunity~~timing, ~~for~~amount, ~~our~~terms ~~Company~~or toconditions ~~continue~~of asadditional afinancing ~~going~~unavailable ~~concern~~to it.

Since the transfer of controlling interest in August 2023, Zenith Energy Ltd. (“Zenith Energy”), the Company’s controlling stockholder, has provided approximately $370,759 capital in the form of payment made on behalf of the Company. Zenith Energy has indicated that intends to continue to finance the Company and its expansion into the energy sector, to acquire additional royalties and/or ownership interest, pending the receipt of additional financing.

To sustain its ability to support the Company’s operating activities, the Company may have to consider supplementing its available sources of funds through the following sources: (1) cash generated from upcoming operations; (2) new bank loans , (3) financial support from the Company’s shareholder and related party. Based on the above analysis, management believes it is more likely than not that the Company can meet its obligations as they become due within one year from the reporting date and can continue as a going concern.

F-7

Table of Contents

Note 2. Summary of Significant Accounting Policies

~~Basis~~A summary of ~~Presentation~~significant accounting policies is presented to assist in the understanding of the financial statements.

~~The~~Critical ~~accompanying~~Accounting ~~financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“US GAAP”). The Company's functional currency is USD.~~Estimates

FThe preparation of the financial statements is in conformity with generally accepted accounting principles in the United States of America, which require management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Management makes these estimates using the best information available at the time the estimates are made. Actual results could differ from those estimates. Significant accounting estimates include, but not limited to allowance for doubtful accounts, useful lives and impairment of long-8lived ~~Table~~asset, and impairment of ~~Contents~~royalty interests acquired. Changes in facts and circumstances may result in revised estimates. Actual results could differ from those estimates, and as such, differences may be material to the consolidated financial statements.

~~Use~~Concentrations of ~~Estimates~~Credit Risk

The ~~preparation~~Company’s ~~of the~~ financial ~~statements~~instruments isthat inare ~~conformity~~exposed ~~with~~to ~~generally~~concentrations ~~accepted accounting principles in the United States~~ of ~~America,~~credit ~~which~~risk ~~require~~consist ~~management~~principally ~~to make estimates and assumptions that affect the reported amounts~~ of ~~assets~~cash. ~~and~~The ~~liabilities~~Company ~~and~~places ~~disclosure~~its ofcash ~~contingent~~in ~~assets~~what ~~and~~it ~~liabilities~~believes atto ~~the~~be ~~date~~credit-worthy ~~of the~~ financial ~~statements and the reported amounts of revenues and expenses during the reporting periods~~institutions. The ~~Management~~Company ~~makes~~has ~~these~~not ~~estimates~~experienced ~~using~~any ~~the~~losses ~~best~~in ~~information~~such ~~available~~accounts atand ~~the~~believes ~~time~~it ~~the~~is ~~estimates~~not ~~are~~exposed ~~made.~~to ~~Actual~~any ~~results~~significant ~~could~~risk ~~differ~~in ~~from those estimates~~cash.

Fair Value of Financial Instruments

Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") 820 (formerly Statement of Financial Accounting Standard ("SFAS") No. 157 Fair Value Measurements) establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value as the following:

·	Level 1-defined as observable inputs such as quoted prices in active markets for identical assets or liabilities;

·	Level 2-defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and

·	Level 3-defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions.

~~The~~Financial ~~carrying~~assets ~~amounts~~and ~~reported~~liabilities inof the ~~balance~~Company ~~sheets~~primarily ~~for~~consisted of cash, ~~accounts receivable~~prepayments, ~~other receivable,~~ accounts payable, ~~other~~and ~~payable~~accrued liabilities, and ~~amounts~~the ~~due~~carrying ~~from~~amount ~~related~~of ~~parties~~the financial instruments generally approximate their fair market values based on the short- term maturity of these instruments. ASC 825-10 "Financial Instruments" allows entities to voluntarily choose to measure certain financial assets and liabilities at fair value (fair value option). The fair value option may be elected on an instrument-by-instrument basis and is irrevocable, unless a new election date occurs. If the fair value option is elected for an instrument, unrealized gains and losses for that instrument should be reported in earnings at each subsequent reporting date. ~~The Company did not elect to apply the fair value option to any outstanding instruments.~~

~~Property~~The ~~and~~Company’s ~~Equipment~~non-financial assets would be measured at fair value only if they were determined to be impaired.

~~Property~~F-8 ~~and~~Table ~~equipment are recorded at cost. Depreciation~~ of ~~property and equipment are accounted for by accelerated methods over the following estimated useful lives:~~Contents

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

Impairment of Long-Lived assets

The Company reviews its Long-Lived assets 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. There is no impairment of long-lived assets in the year ended July 31,2024.

Royalty Interests

On January 17, 2024, the Company made investment in the 5% royalty interest in a package of seven (7) producing oil wells located in the Eagle Ford Shale, Lavaca County, Texas (the “Eagle Acquisition”) at a cost of $39,280. The operating rights of the wells are leased to licensed operators (oil and gas companies) through agreements that grant the operator the right to explore, drill, and produce oil or gas, and the royalty interest is a financial share of production paid to the well rights owner. The agreements do not include a specific expiry date because they are tied to the production lifespan of the operation lease or agreement. The lease may expire if production ceases, but as long as the well is productive, the rights remain in effect under a concept known as “Held by Production” (HBP). Under the HBP system, once a well begins production, the lease remains valid as long as the production continues and so as the royalty interests. The rights endure for the lifetime of the well, providing economic security for both the rights holder and the operator. If production ceases or drops below commercial levels, the lease may terminate unless further development or operations occur. As a result, the Company do not recognize any amortization expenses.

Royalty interests acquired are carried at the lower of cost or fair value. Valuations are periodically performed or obtained by management whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. Impairments, if any, are recorded by a charge to net income and a valuation allowance if the carrying value of the royalty interest exceeds its estimated fair value. There was no depletion expense for the year ended July 31, 2024.

F-9

Table of Contents

The Company adopted ASU 2014-09, Revenue ~~Recognition~~from Contracts with Customers (Topic 606). The revenue recognition principle of ASC 606 requires that revenue is recognized when the delivery of promised goods or services matches the amount expected by the company in exchange for the goods or services.

~~The~~There ~~Company~~are ~~recognizes~~five ~~revenue~~steps ~~when~~needed ~~control of promised goods or services is transferred~~ to ~~the~~satisfy ~~Company's customers, in an amount that reflects~~ the ~~consideration~~updated ~~the~~revenue ~~Company~~recognition ~~expects~~principle: ~~to be entitled to in exchange for those goods or services.~~

~~Prior~~1. toIdentify the ~~Merger~~contract ~~Agreement~~with (the customer. This involves agreeing on the terms of the contract, including payment, the delivery of goods and services, and consequences if any obligations aren't met. Contracts may come in written form or may begin as ~~defined~~verbal ~~above)~~agreements. 2. Identify contractual performance obligations. In this case, ~~with~~it's ~~respect~~important to ~~sales~~outline the specific goods or services behind the agreement. 3. Determine the amount of ~~product~~consideration/price tofor ~~both~~the ~~franchisee~~transaction. ~~and~~This ~~non-franchisee~~isn't ~~customers,~~just about the ~~Company~~price ~~transfers~~of ~~control~~goods and services but also includes other factors, ~~invoices~~such ~~the~~as ~~customer~~discounts, return policies, and ~~recognizes~~additional ~~revenue~~fees. ~~upon~~4. ~~shipment~~Allocate the determined amount of consideration/price to the ~~customer~~contractual obligations. ~~Sales~~This ~~prices~~step ~~are~~involves ~~based~~any onspecific ~~fixed~~selling price ~~lists~~to ~~that~~every ~~are~~single ~~different~~obligation. ~~depending~~5. onRecognize ~~whether~~revenue when the ~~price~~performing ~~list~~party issatisfies ~~for~~the ~~franchisee~~performance ~~customers~~obligation. orThis ~~for~~should ~~non-franchisee~~only ~~customers.~~be ~~Sales,~~done ~~value~~once ~~add~~the transaction is complete and ~~other~~your ~~taxes~~obligation ~~collected~~is ~~concurrent~~fulfilled. ~~with~~Revenue ~~revenue-producing~~can ~~activities~~only ~~are~~be ~~excluded~~recognized ~~from~~once ~~revenue~~this is done.

~~Goodwill~~The Company is operating in royal interests’ investment in oil and gas production industry and generate revenue from royalty interest distribution. The Company owns a royalty interest on wells production and is entitled with portion of revenue share without having to incur the operational expenses associated with extracting or producing the resource.

~~Goodwill~~Well ~~represents~~operating ~~the~~royalty ~~excess~~interests ofdistribution ~~purchase~~are ~~price~~reported ~~paid~~point ~~over~~in ~~the~~time ~~fair~~and ~~value~~net of ~~net~~production ~~identifiable~~taxes ~~assets~~when ~~(tangible~~the ~~and~~drip ~~intangible~~condensate, ~~assets)~~crude ~~acquired~~oil, ingas ~~business combination transactions. Goodwill is not subject to amortization~~ and isplant ~~tested~~products ~~for~~are ~~impairment~~produced ~~annually~~from orthe ~~more~~respective ~~frequently~~well ifby ~~events~~the orwell ~~circumstances~~operator, ~~indicate that~~ the ~~asset~~operator ~~might~~distribute bethe ~~impaired. The~~ Company’s ~~performs~~share ~~a qualitative assessment~~ of ~~its~~interests ~~reporting~~according ~~units and certain select quantitative calculations against its current long-range plan~~ to ~~determine~~agreed ~~whether~~proportion. itRoyalty isinterest ~~more~~payments ~~likely~~are ~~than~~generally ~~not~~received (aat ~~likelihood of more than 50 percent) that~~ the ~~fair~~subsequent ~~value~~month of a reporting unit is less than its carrying amount. The Company considers persistent and lasting decline in revenue, negative operating cash flows, changes in internal strategic expansion plans, changes in any applicable regulatory environments, among other factors, as part of the ~~qualitative~~production ~~assessment~~made.

~~The~~During ~~Company first assesses certain qualitative factors to determine whether~~ the ~~existence~~financial ofyear ~~events~~ended orJuly ~~circumstances~~31, ~~leads to determination that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. After assessing the totality of events or circumstances~~2024, the Company ~~determines~~recognizes ifmonthly itrevenues isfrom ~~not more likely than not that~~ the ~~fair~~investment ~~value~~in ~~of a reporting unit is less than its carry amount, then performing~~ the ~~two-step~~5% ~~impairment~~royalty ~~test~~interest isin ~~unnecessary.~~a ~~When~~package ~~necessary, impairment~~ of ~~goodwill~~seven is(7) ~~tested~~producing atoil ~~the~~wells ~~reporting~~located ~~unit~~in ~~level by comparing~~ the ~~reporting~~Eagle ~~unit's~~Ford ~~carrying amount~~Shale, ~~including~~Lavaca ~~goodwill~~County, toTexas (the ~~fair~~“Eagle ~~value of the reporting unit. The fair value of the reporting unit is estimated using a discounted cash flow approach. If the carrying amount of the reporting unit exceeds its fair value~~Acquisition”), ~~then~~acquired aon ~~second~~January ~~step is performed to measure the amount of impairment loss~~17, ~~if any~~2024, bythat ~~comparing~~resulted ~~the fair value of each identifiable asset and liability~~ in ~~the~~a ~~reporting~~yearly ~~unit~~amount ~~to the total fair value~~ of ~~the~~$ ~~reporting unit~~4,429.

~~For~~During the ~~year~~previous ~~ended~~financial ~~July~~year ~~31,~~ 2023, the Company ~~recorded~~had anno ~~aggregate~~revenues ~~impairment loss of $0~~generation. (July 31, 2022 - $1,350,000) against its goodwill balance and software development balance. As of July 31, 2023, the Company's goodwill balance was $0 (July 31, 2022 - $0) and a software development balance of $488,695 (July 31, 2022 -

~~$414,753).~~Basic and Diluted Net Loss Per Common Share

~~Basic~~The ~~and~~Company ~~Diluted~~reports earnings per share in accordance with FASB ASC 260 "Earnings per ~~Share~~share". The Company's basic earnings per share are computed using the weighted average number of shares outstanding for the periods presented. Diluted earnings per share are computed based on the assumption that any dilutive options or warrants were converted or exercised. Dilution is computed by applying the treasury stock method. Under this method, the Company's outstanding convertible notes are assumed to be exercised, and funds thus obtained were assumed to be used to purchase common stock at the average market price during the period. The calculation of weighted average shares outstanding for basic and diluted net loss per share assumes that the shares have been outstanding for the entire period presented.

~~The~~F-10 ~~Company~~Table ~~reports earnings per share in accordance with FASB ASC 260 "Earnings per share". The Company's basic earnings per share are computed using the weighted average number~~ of shares outstanding for the periods presented. Diluted earnings per share are computed based on the assumption that any dilutive options or warrants were converted or exercised. Dilution is computed by applying the treasury stock method. Under this method, the Company's outstanding stock warrants are assumed to be exercised, and funds thus obtained were assumed to be used to purchase common stock at the average market price during the period. There were no dilutive instruments outstanding as of July 31, 2023.Contents

Basic loss per common share is computed by dividing the net loss available to common shareholders by the weighted-average number of shares of common stock outstanding during the period. Diluted earnings per common share is computed by dividing loss bear by common shareholders by the weighted-average number of shares of common stock outstanding during the period increased to include the number of additional shares of common stock that would have been outstanding if potentially dilutive securities had been issued.

For the years ended July 31, 2024 and 2023, the following common stock equivalents were excluded from the computation of diluted net loss per share as the result of the computation was anti-dilutive.

	July 31,		July 31,
	2024		2023
	Shares		Shares
Convertible notes		-		179,150
Convertible Common Shares		-		5,831,071

For the years ended July 31, 2024 and 2023, the reconciliation to net loss per common share basic and the anti-dilutive impact on net loss per share, are as follows:

	Year Ended
	July 31,
	2024			2023
Numerator:
Net Loss	$	(252,803	)	$	(148,894	)
Net Loss - diluted	$	(252,803	)	$	(148,894	)

Denominator:
Weighted average common shares outstanding		1,272,917			1,145,667
Effect of dilutive shares
Convertible notes		-			5,831,071
Diluted		-			6,980,226

Net loss per common share:
Basic	$	(0.20	)	$	(0.13	)
Diluted	$	(0.20	)	$	(0.13	)

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.

F-10 Table of Contents

Recently Issued Accounting Pronouncements

NoIn ~~accounting~~December ~~standards~~2023, ~~that~~the ~~have~~FASB ~~been~~ issued orASU ~~proposed~~2023-09, byIncome ~~the~~Taxes ~~FASB~~(Topic or740): Improvements to Income Tax Disclosures, which requires, among other ~~standards-setting~~things, ~~bodies~~additional ~~that~~disclosures ~~require~~primarily ~~adoption~~related ~~until~~to athe ~~future~~income ~~date~~tax rate reconciliation and income taxes paid. The expanded annual disclosures are effective for the Company’s year ending December 31, 2023. This ASU is currently not expected to have a material impact on the Company'’s financial statements ~~upon adoption~~.

~~Note~~F-11 3.Table ~~Convertible~~of ~~Notes Payable and Loan Payable~~Contents

AsOther ofaccounting ~~July~~standards ~~31,~~that ~~2023,~~have ~~the~~been ~~Company~~issued ~~holds~~or aproposed ~~balance~~by ofFASB ~~convertible~~that ~~note~~do ~~payable~~not inrequire ~~the~~adoption ~~amount~~until ofa ~~$180,686~~future ~~(July~~date ~~31,~~are ~~2022~~not -expected ~~$77,200),~~to ~~including~~have ~~interest~~a ~~and~~material ~~accumulated~~impact ~~prepayment~~on ~~expense,~~the ~~which~~consolidated isfinancial ~~convertible~~statements ~~into~~upon ~~common~~adoption. ~~stock~~The atCompany ~~deemed~~does ~~prices~~not ~~ranging~~discuss ~~from~~recent ~~60%~~pronouncements tothat ~~61%~~are ofnot ~~the~~anticipated ~~lowest~~to ~~market~~have ~~price~~an ofimpact ~~the~~on ~~Company's~~or ~~stock~~are ~~within~~unrelated ~~the~~to ~~prior~~its 20financial ~~trading~~condition, ~~days~~results ~~prior~~of tooperations, ~~conversion.~~cash ~~The~~flows ~~convertible notes bear interest at rates~~or ~~ranging from 10% per annum to 12% per annum compounded monthly~~disclosures.

AsNote ~~of July 31, 2023, the Company has an outstanding loan payable balance of $1,597 (July 31, 2022 - $11,597)~~3. ~~This~~Loan ~~balance~~Payable ~~was~~and ~~totally~~Convertible ~~refunded~~Notes ~~in August 2023.~~Payable

~~Note~~Loan ~~4. Common Stock~~Payable

As of July 31, 2024, the Company has an outstanding short term loan payable balance of $ Nil.

As of July 31, 2023, the Company had an outstanding short term loan payable balance of $13,134. This balance was fully repaid in August 2023.

Convertible Promissory Note

As of July 31, 2024 and 2023, the Company holds a balance of convertible note payable in the amount of $ Nil and $179,150, respectively.

Upon the acquisition by Zenith Energy Ltd, all convertible notes payable balance as of July 31, 2023 were fully redeemed in cash in August 2023.

On January 4, 2022, the Company issued a convertible promissory note to an otherwise unaffiliated investor in the original principal amount of $50,000 with a gross proceed of $46,250. The note would mature on January 4, 2023. The note carries a 10% interest rate and was partially converted into 64,504 shares at an average of $ 0.41 per share by July 25, 2022, and the remaining balance of $23,450 as of July 31,2022 was fully converted into 98,160 shares at an average of $0.24 per share by August 23, 2023.

On May 9, 2022, the Company issued a convertible promissory note to an otherwise unaffiliated investor in the original principal amount of $53,750 and a gross proceed of $53,750. The note would mature on May 9, 2023. The note carries a 10% interest rate and as of July 31, 2023, the note was in default. The balance and interest accrued in total of 60,730 have been redeemed in full amount in August 2023.

On September 13, 2022, the Company issued a convertible promissory note to an otherwise unaffiliated investor in the original principal amount of $33,000 with a gross proceed of $30,000. The note would mature on September 13, 2023. The note carries a 10% interest rate and the balance has been redeemed in full amount in August 2023.

On December 15, 2022, the Company issued a convertible promissory note to the shareholder at the time JanBella Group, LLC (“JanBella”) in the original principal amount of $46,750 and a gross proceed of $40,000. During the year ended July 31,2023, $12,564 has been redeemed in cash and leaving a balance of $34,186 as of July, 31,2023. the balance has been redeemed in full amount in August 2023.

On January 17, 2023, the Company issued a convertible promissory note to an otherwise unaffiliated investor in the original principal amount of $48,750 and a gross proceeds of $45,000. The note would mature on January 17, 2024. The note carries a 10% interest rate and the balance of $51,354 has been redeemed in full amount in August 2023.

During the years ended July 31, 2024 and 2023, there were total $ Nil and $23,486 of convertible promissory note been converted into Nil and 98,160 shares of common stock, respectively;

Shares reserved for the convertible notes balance as of July 31 ,2023 were cancelled subsequently, and the convertible notes balance of $179,150 as of July 31,2023 has been redeemed in full amount by August 2023.

F-12

Table of Contents

Note 4. Preferred Stock and Common Stock

Preferred Stock

In December 2022 and January 2023, the Company issued a total of 200,000 shares of Series A Super Voting Preferred Stock (the “Series A Preferred Shares”) to aan ~~certain~~otherwise ~~counterparty~~unaffiliated investor. These 200,000 Series A Preferred Shares were cancelled for 100,000 each time, on June 27 and July 7, 2023, respectively.

On June 2327, 2022, the Company issued 100,000 Series A Preferred Shares for consideration of $0.001 per share, ~~resulting~~to inan ~~total~~unaffiliated ~~proceeds~~investor ofwith ~~$100~~0 gross proceeds. The Series A Preferred Shares had been pledged to secure a note made by the Company to JanBella since December 15, 2022.

On ~~July~~June 627, 2023, JanBella ~~Group, LLC (“JanBella Group”), a family office,~~ acquired 100,000 outstanding Series A Preferred Shares in satisfaction of a promissory note made by the Company in favor of JanBella, ~~Group.~~representing ~~The Series A Preferred Shares had been pledged to secure a note made by the Company to JanBella. The Series A Preferred Shares entitle the holder thereof to~~ 99.9787% of the voting power of the Company.

On August 23, 2023, JanBella ~~Group~~ sold ~~the~~its Series A Preferred Shares it held to Zenith Energy Ltd. (“Zenith Energy”). Zenith Energy. In the change in control transaction, Zenith Energy acquired the 100,000 Series A Preferred Shares, ~~representing 99.87% of the voting power of the Company,~~ from JanBella for consideration of approximately $398,400. The Series A Stock shall have the following preferences, powers, designations and other special rights: Each Series A Preferred Share entitles the Unaffiliated investor to 10,000 votes on all matters submitted to the shareholders of the Company's common stock. The Unaffiliated investor of the Series A Preferred Shares votes together with the Unaffiliated investors of common stock as a single class upon all matters submitted to a vote of shareholders. ·

~~Each~~The Unaffiliated investors of Series A Preferred ~~Share~~Shares ~~entitles~~are ~~the~~not ~~holder~~entitled to ~~10,000~~receive ~~votes~~dividends paid on ~~all matters submitted to~~ the ~~shareholders of the~~ Company's ~~common~~Common ~~stock~~Stock. The holder of the Series A Preferred Shares votes together with the holders of common stock as a single class upon all matters submitted to a vote of stockholders. ·

~~The~~Upon ~~holders~~liquidation, dissolution and winding up of the Company, whether voluntary or involuntary, the Unaffiliated investors of the Series A Preferred Shares then outstanding are not be entitled to receive ~~dividends~~out ~~paid~~of onthe assets of the Company's, ~~Common~~whether ~~Stock~~from capital or earnings available for distribution, any amounts which will be otherwise available to and distributed to the holders of common stock.

Upon liquidation, dissolution and winding up of the Company, whether voluntary or involuntary, the holders of the Series A Preferred Shares then outstanding are not be entitled to receive out of the assets of the Company, whether from capital or earnings available for distribution, any amounts which will be otherwise available to and distributed to the holders of common stock.

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~~the Company’s authorized common stock in the same 1:50 ratio, from 500,000,000 shares to 10,000,000 shares. WeThe ~~have~~Company has retroactively restated all share amounts to show the effects of the Common Stock split.

On August 18, 2021, the Company increased its authorized capital to 5,000,000,000 shares of common stock with par value $0.00075.

~~F-11~~During ~~Table~~the year ended July 31, 2022, the Company issued 666,226 shares of ~~Contents~~common stock for total proceeds of $701,534. The Company also cancelled 167,857 shares of common stock for no monetary amount.

During the year-ended July 31, ~~2022~~2023, the Company issued ~~559~~348,~~629,879~~548 shares of common stock for total proceeds of $~~689~~31,~~901~~937. The Company also cancelled ~~141~~37,~~000,000~~079 shares of common stock for no monetary amount.

During the year-ended July 31, ~~2023~~2024, the Company ~~issued~~did ~~98,045,405~~not ~~shares~~issue ofnor ~~common stock for total proceeds of $31,900. The Company also~~ cancelled ~~904,390,639~~any ~~shares of common stock for no monetary amount~~share.

~~During~~In ~~the~~October ~~year ended July 30,~~ 2022, the shareholders representing a majority of the Company's issued voting shares, as well as the Company's ~~Board~~board of ~~Directors~~directors approved a reverse stock split whereby each 840 pre-split shares of common stock shall be exchanged for one post-split share of common stock. Concurrently with the reverse split, the Company has approved the decrease in its authorized shares of common stock from 5,000,000,000 shares with par value $0.00075 to 250,000,000 shares with par value $0.001. The Company has retroactively restated all share amounts to show effects of the reverse split.

F-13

Table of Contents

Note 5. Income Taxes

As of July 31, ~~2023~~2024, the Company has deferred tax assets as a result of the net operating losses incurred from inception and non-current asset impairment loss. The resulting deferred tax assets are reduced by a valuation allowance as discussed in Note 1,2 equal to the deferred tax asset as it is unlikely, based on current circumstances, that the Company will ever realize a tax benefit. ~~Deferred~~Significant ~~tax~~components ~~assets~~of ~~and~~ the ~~corresponding~~Company’s ~~valuation~~deferred ~~allowances~~tax ~~amounted~~assets ~~to approximately $3.3 million~~ and ~~$1.9~~as ~~million~~follows as of July 31,: ~~2023, and July 31, 2022, 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 $10.8 million and $10.8 million on July 31, 2023, and July 31, 2022, respectively, will begin to expire in 2024.

	2024			2023
	$			$
Deferred tax assets:
Impairment loss of software		-			15,528
Impairment loss of goodwill		-			-
Net operating loss carryforwards		2,462,240			2,393,623
Total deferred tax assets		2,462,240			2,409,151
Valuation allowance		(2,462,240	)		(2,409,151	)

~~Section~~Deferred ~~382~~tax ofassets and the ~~U.S.~~corresponding ~~Internal~~valuation ~~Revenue~~allowances ~~Code~~amounted ~~imposes an annual limitation on loss carry-forwards~~ to ~~offset~~approximately ~~taxable~~$2.4 ~~income~~million ~~when~~and ~~an ownership change occurs~~$2.4 ~~The~~million ~~Company~~as ~~meets the definition~~ of anJuly ~~ownership~~31, ~~change~~2024 and ~~some~~2023, ~~of the net operating loss carry forwards will be limited~~respectively.

The income tax provision for the year ended July 31, 2024 and 2023 consists of the following:

	2024			2023
Federal
Current	$	-		$	-
Deferred		(53,089	)		(31,268	)
Change in valuation allowance		53,089			31,268
Income tax provision	$	-		$	-

A reconciliation between expected income taxes, computed at the federal income tax rate of 21% applied to the pretax accounting loss, and the income tax net expense included in the consolidated statements of operations and comprehensive loss for the years ended July 31, 2024 and 2023 is as follows,

	2024			2023
Tax at federal statutory rate		21	%		21	%
Change in valuation allowance		(21	)%		(21	)%
Effective tax rate		0	%		0	%

Note 6. Related Party Transactions

There were no reportable related party transactions during the ~~year~~years ended July 31, 2024 and 2023.

Note 7. Commitments and Contingencies

From time to time, the Company may be involved in litigation in the ordinary course of business. The Company is not currently involved in any litigation that wethe Company believe could have a material adverse effect on its financial condition or results of operations.

In accordance with Generally Accepted Accounting Principles (GAAP), it is imperative to disclose that the Company has categorized specific tax liabilities as "Unenforceable due to Statute of Limitations" in its financial statements for the period ending July 31, 2023. These tax write-offs are reported as contingent liabilities, and their respective amounts are itemized as follows:

IRS - 941 Due - $25,132 SUTA Due -$ 2,507 FUTA Due - $832

NC Withholding Due - $26,060

Note 8. Subsequent Events

OnManagement ~~July~~evaluated 7all additional events through November 19, ~~2023~~2024, which is the ~~Company~~date ~~cancelled~~the ~~200,000~~financial ~~Series~~statements Awere ~~Preferred~~available ~~Shares~~to be issued. Based upon this audit, unless noted below, the Company did not identify any material subsequent events that would have required adjustment or disclosure in ~~January~~the ~~2023~~financial statements.

On August 23, 2023, JanBella Group, LLC, a family office sold the 100,000 Series A Preferred Shares it held to Zenith Energy Ltd. (“Zenith Energy”) for consideration of approximately $398,400. In the change in control transaction, Zenith Energy acquired 99.87% of the voting power of the Company. As part of the transaction, William Alessi, the sole officer and director of the Company, appointed Luca Benedetto, Ippolito Cattaneo, and Dario Sodero as directors of the Company (with Messrs. Cattaneo's and Sodero's appointment subject to compliance by CYAP with Rule 14fF-l14 ~~under~~Table ~~the Securities Exchange Act~~ of ~~1934). Thereafter, Mr. Alessi resigned as CYAP's sole director and officer.~~Contents

InItem ~~addition to the foregoing, Mr~~9. ~~Benedetto~~Changes ~~was~~In ~~appointed President~~ and ~~Treasurer~~Disagreements ofwith ~~the~~Accountants ~~Company~~on Accounting and ~~Mr.~~Financial ~~Cattaneo was appointed as the Company's Secretary~~Disclosure.

~~F-12 Table of Contents~~None.

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

None.

Item 9A. Controls and Procedures.

Disclosure Controls and Procedures

We maintain disclosure controls and procedures, as defined in Rule 13a-15(e) and Rule 15d-15(e) promulgated under the ~~Securities~~ Exchange Act ~~of 1934, as amended (the “Exchange Act”)~~ that are designed to ensure that information required to be disclosed by us in the reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the ~~SEC's~~ rules and forms of the Securities and Exchange Commission (the “SEC”) and that such information is accumulated and communicated to our senior management, consisting of ~~Luca~~Andrea ~~Benedetto~~Cattaneo, our ~~President~~Chief ~~and~~Executive ~~Treasurer~~Officer (~~our~~principal ~~Principal~~executive ~~Executive~~officer) and Luca Benedetto, our Chief Financial Officer (principal financial and ~~Accounting~~accounting Officer), as appropriate to allow timely decisions regarding required disclosure.

We carried out an evaluation, under the supervision and with the participation of our senior management, consisting of ~~Luca~~our ~~Benedetto,~~Chief ~~our~~Executive ~~President~~Officer and ~~Treasurer (~~our ~~Principal~~Chief ~~Executive,~~ Financial ~~and Accounting~~ Officer), of the effectiveness of the design and operation of our disclosure controls and procedures as of July 31, ~~2023~~2024. Based on the evaluation of these disclosure controls and procedures, and in light of the material weaknesses found in our internal controls over financial reporting as set forth below, our ~~President~~Chief ~~and~~Executive ~~Treasurer~~Officer (and our ~~Principal~~Chief ~~Executive,~~ Financial ~~and Accounting~~ Officer) concluded that our disclosure controls and procedures were not effective.

Management's Report on Internal Control over Financial Reporting

Our management is responsible for establishing and maintaining adequate internal control over financial reporting. Internal control over financial reporting is defined in Rule 13a-15(f) or 15d-15(f) promulgated under the Exchange Act as a process designed by, or under the supervision of, our principal executive financial officers and accounting officers effected by our Board, management and other personnel, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with US GAAP and includes those policies and procedures that (i) pertain to the maintenance of records that in reasonable detail accurately and fairly reflect the transactions and dispositions of our assets; (ii) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with accounting principles generally accepted in the United States and that receipts and expenditures of the Company are being made only in accordance with authorizations of management and directors of the Company; and (iii) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of our assets that could have a material effect on the financial statements.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. All internal control systems, no matter how well designed, have inherent limitations. Therefore, even those systems determined to be effective can provide only reasonable assurance with respect to financial statement preparation and presentation. Because of the inherent limitations of internal control, there is a risk that material misstatements may not be prevented or detected on a timely basis by internal control over financial reporting. However, these inherent limitations are known features of the financial reporting process. Therefore, it is possible to design into the process safeguards to reduce, though not eliminate, this risk.

As10 ofTable ~~July 31, 2023, Luca Benedetto, our President and Treasurer (our Principal Executive, Financial and Accounting Officer assessed the effectiveness~~ of our internal control over financial reporting based on the criteria for effective internal control over financial reporting established in Internal Control--Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (“COSO”) in 2013 and SEC guidance on conducting such assessments. Based on that evaluation, we believe that, during the period covered by this report, such internal controls and procedures were not effective to detect the inappropriate application of US GAAP rules as more fully described below. This was due to deficiencies that existed in the design or operation of our internal controls over financial reporting that adversely affected our internal controls and that may be considered to be material weaknesses.Contents

12As ~~Table~~of July 31, 2024, our chief Executive Officer and our Chief Financial Officer assessed the effectiveness of ~~Contents~~our internal control over financial reporting based on the criteria for effective internal control over financial reporting established in Internal Control--Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (“COSO”) in 2013 and SEC guidance on conducting such assessments. Based on that evaluation, we believe that, during the period covered by this report, such internal controls and procedures were not effective to detect the inappropriate application of U.S. GAAP rules as more fully described below. This was due to deficiencies that existed in the design or operation of our internal controls over financial reporting that adversely affected our internal controls and that may be considered to be material weaknesses.

The matters involving internal controls and procedures that our management considered to be material weaknesses under the standards of the Public Company Accounting Oversight Board were: (1) lack of a functioning audit committee and a lack of independent directors on our ~~Board~~board of directors, resulting in ineffective oversight in the establishment and monitoring of required internal controls and procedures; (2) inadequate segregation of duties consistent with control objectives; and (3) ineffective controls over period end financial disclosure and reporting processes. The aforementioned material weaknesses were identified by ~~Luca Benedetto,~~ our ~~President~~Chief ~~and Treasurer (our Principal~~ Executive, ~~Financial~~Officer and ~~Accounting~~Chief Financial Officer) in connection with the review of our financial statements as of July 31, ~~2023.~~20234

Management believes that the material weaknesses set forth in items (2) and (3) above did not have an effect on our financial results. However, management believes that the lack of a functioning audit committee and the lack of independent directors on our ~~Board~~board of directors results in ineffective oversight in the establishment and monitoring of required internal controls and procedures, which could result in a material misstatement in our financial statements in future periods.

Changes in Internal Control over Financial Reporting

There were no changes in our internal control over financial reporting (as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act) during the fourth quarter of the year ended July 31, ~~2023~~2024 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

Item 9B. Other Information.

None

Item 9C. Disclosure Regarding Foreign Jurisdictions That Prevent Inspections.

Not applicable

1311 Table of Contents

PART III

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

As at the date of this Report, our executive officers and directors and their respective ages are as follows:

Name	Position	Age	~~Age~~Term of Office		~~Term of Office~~
Luca Benedetto	President, Treasurer and Director			52	August 23, 2023, to present
Andrea Cattaneo	CEO and Director	68	March 25, 2024 to present.
Ippolito Cattaneo	Secretary and Director			29	August 23, 2023, to present
Luca Benedetto	CFO and Director	53	August 23, 2023, to present
Dario Sodero	Director	81	August 23, 2023, to present	81	~~August 23, 2023, to present~~

The appointment of Messrs. Cattaneo and Sodero as directors is subject to the Company's compliance with Rule 14f-1 under the Exchange Act.

Directors are elected to serve until the earlier of the election and qualification of their successors, their removal for cause by the shareholders, or their resignation. Directors are elected by a plurality of the votes cast at the annual meeting of stockholders and hold office until the expiration of the term for which he or she was elected and until a successor has been elected and qualified.

A majority of the authorized number of directors constitutes a quorum of the Board for the transaction of business. The directors must be present at the meeting to constitute a quorum. Any action required or permitted to be taken by the Board may be taken without a meeting if all members of the Board individually or collectively consent in writing to the action.

Executive officers are appointed by the Board and serve at its pleasure.

14 Table of Contents

The principal occupation and business experience during the past five years for the Company's executive officers and directors is as follows:

~~Luca~~Andrea ~~Benedetto~~Cattaneo, 68, has ~~been~~served ~~Chief~~as ~~Financial Officer and~~ a director of Zenith Energy ~~since 2013. Mr. Benedetto is an Italian national~~, ~~trained~~our incontrolling ~~Italy~~stockholder assince aDecember ~~registered~~2008 ~~accountant with further education in IFRS accounting~~ and ~~consolidation at IPSOA Milan. He has more than twenty-five years of experience in accounting, auditing, and financial administration. Mr. Benedetto began his professional career~~ as anPresident ~~accountant~~ and ~~computer~~Chief ~~programmer~~Executive ~~responsible~~Officer ~~for financial software development and worked for the Italian division~~ of ~~IBM~~Zenith asEnergy ~~an internal auditor~~ and ~~accountant~~its asaffiliated ~~well~~entities assince ~~providing~~January ~~staff~~2009. ~~training~~Zenith inEnergy, ~~these aforementioned fields~~Ltd., Hewhich ~~also~~is ~~served~~based ~~for~~in ~~seven~~Canada, ~~years~~is as a ~~financial~~publicly ~~and~~held ~~administrative~~company ~~officer~~engaged in ~~a well-established Italian Company specializing in~~ the ~~construction~~acquisition ~~of fuel~~ and ~~water~~development ~~storage~~of ~~tanks.~~energy Heproduction ~~joined~~opportunities, ~~the~~principally ~~Zenith Energy Ltd. group~~ in ~~2013~~Central ~~as Chief Financial Officer of Zenith Energy's Italian subsidiary~~Asia, ~~Canoel~~North ~~Italia S.r.1.~~America, Africa and ~~has since progressed to also hold the position of Chief Financial Officer of Zenith Energy~~Europe. InIts ~~this~~shares ~~capacity~~are helisted ~~has~~on ~~been directly involved in~~ the ~~monitoring~~London ofStock ~~business~~Exchange ~~performance,~~Main ~~cash~~Market ~~flow~~(LSE: ~~management~~ZEN), ~~budgetary~~admitted ~~oversight,~~to ~~accounts~~trading ~~team~~on ~~supervision,~~the ~~accounts~~Euronext ~~preparation~~Growth ~~and~~of ~~strategic~~the ~~planning.~~Oslo ~~Since~~Stock ~~January~~Exchange ~~2016~~(OSE: heZENA) ~~has also been responsible for the compiling~~ and ~~reviewing~~quoted ofon the ~~quarterly~~OTCQB ~~Consolidated~~Venture ~~Financial~~Market ~~Statements~~cross-trading ~~and~~facility ~~Management's~~in ~~Discussion~~the ~~and~~United ~~Analysis~~States of(OTCQB: ~~Zenith Energy~~ZENAF).

~~Ippolito~~Mr. Cattaneo is aan UKexperienced ~~national~~energy industry executive, with a ~~bachelor's~~focus ~~degree~~on ~~from~~energy ~~the~~production ~~University~~opportunities ofin ~~Bristol~~emerging countries. He has aover ~~blend~~30 ofyears’ experience in advising governments in financial, industrial, and ~~oil~~energy &matters ~~gas~~and ~~experience,~~strong ~~having~~expertise ~~started~~and ~~his~~experience ~~working~~in ~~life~~structuring atand ~~Standard~~negotiating ~~Chartered~~contracts, ~~Bank~~having ~~prior~~initiated toand ~~commencing~~signed ~~his~~agreements ~~university~~with ~~education.~~some Heof ~~has~~the ~~worked~~largest ~~for~~state-owned ~~more~~oil ~~than~~and ~~five~~gas ~~years~~companies atin ~~Zenith~~the ~~Energy~~world. asPrior ~~Business~~to ~~Development~~entering ~~and~~the ~~Investor~~energy ~~Relations~~industry, ~~manager~~Mr. ~~During~~Cattaneo’s ~~this~~primary ~~time~~business heactivity ~~has~~was ~~gained~~banking, ~~significant~~with ~~experience~~a specialization in asovereign ~~multiplicity~~loans ofto ~~regulatory~~developing ~~environments,~~economies. asMr. ~~well~~Cattaneo asholds ~~playing~~ an ~~important~~undergraduate ~~role~~degree in ~~enabling~~economics ~~Zenith~~from ~~Energy~~the toUniversity ~~implement~~of ~~its~~Genoa ~~development~~and ~~objectives~~a inpostgraduate ~~Africa~~degree ~~and~~ in ~~other~~taxation ~~regions,~~law ~~both~~from ~~operationally~~the ~~and~~University onof ~~a corporate level~~Bologna.

InLuca ~~addition~~Benedetto, who also served as our Chief Executive Officer from August 23, 2023 to March 25, 2024, has been Chief Financial Officer and a director of Zenith Energy since 2013. Mr. ~~Cattaneo~~Benedetto ~~has~~is ~~significant~~an ~~operational~~Italian ~~experience~~national, ~~having~~trained ~~taken~~in Italy as a ~~key~~registered ~~role~~accountant with further education in ~~Zenith~~IFRS ~~Energy's~~accounting ~~operational~~and ~~activities~~consolidation at IPSOA Milan. He has more than twenty-five years of experience in ~~Tunisia~~accounting, ~~Italy~~auditing, and financial administration. Mr. Benedetto began his professional career as an accountant and computer programmer responsible for financial software development and worked for the ~~Republic~~Italian division of ~~the~~IBM ~~Congo~~as an internal auditor and accountant as well as providing staff training in these aforementioned fields. He ~~has~~also served for seven years as a financial and administrative officer in a well-~~depth~~established ~~knowledge~~Italian Company specializing in the construction of fuel and water storage tanks. He joined the ~~requirements~~Zenith ~~for~~Energy ~~project~~Ltd. ~~procurement~~group in 2013 as Chief Financial Officer of Zenith Energy's Italian subsidiary, Canoel Italia S.r.1., and ~~financing~~has ~~from~~since ~~beginning~~progressed to ~~completion,~~also ashold ~~well~~the asposition ~~having~~of ~~experience~~Chief ~~from~~Financial aOfficer ~~financial~~of ~~standpoint~~Zenith Energy. In this capacity he has been directly involved in the ~~development~~monitoring of ~~strategy~~business performance, cash flow management, budgetary oversight, accounts team supervision, accounts preparation and ~~investor~~strategic ~~communications~~planning. Since January 2016 he has also been responsible for the compiling and reviewing of the quarterly Consolidated Financial Statements and Management's Discussion and Analysis of Zenith Energy.

He speaks four languages fluently (English, French, Spanish, and Italian) and has a wide network of contacts across the African continent.

Dario Sodero has served as a member of the board of directors of Zenith Energy since June 24, 2009. As an experienced energy industry executive with 47 years of experience in North America, the Sub-Arctic, North Africa and the Middle East, Mr. Sodero has strong geological, exploration and technical expertise. Mr. Sodero has formerly acted as director and executive of several other TSX- and TSXV-listed exploration and production companies. Mr. Sodero holds a Doctorate degree in Geology from the University of Turin, Italy.

~~The~~Directors ~~Company~~are ~~has~~elected ~~not~~to ~~engaged~~serve inuntil ~~any~~the ~~transaction~~earlier ~~with~~of ~~Mr.~~the ~~Benedetto~~election and qualification of their successors, ~~Mr.~~their ~~Cattaneo~~removal for cause by the shareholders, or Mrtheir resignation. ~~Sodero,~~Directors inare ~~which~~elected ~~they~~by ~~had~~a orplurality ~~will~~of ~~have~~the avotes ~~direct~~cast orat ~~indirect~~the ~~material~~annual ~~interest~~meeting ~~exceeding~~of ~~$120,000,~~stockholders ~~nor~~and ishold ~~any~~office ~~such~~until ~~transaction~~the ~~currently~~expiration ~~proposed~~of the term for which he or ~~contemplated~~she was elected and until a successor has been elected and qualified.

A majority of the authorized number of directors constitutes a quorum of the board of directors for the transaction of business. The directors must be present at the meeting to constitute a quorum. Any action required or permitted to be taken by the board of directors may be taken without a meeting if all members of the board of directors individually or collectively consent in writing to the action.

Executive officers are appointed by the board and serve at its pleasure.

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Involvement in Certain Legal Proceedings

To our knowledge, during the last ten years, none of our and executive officers and directors (including those of our subsidiaries) has:

· Had a bankruptcy petition filed by or against any business of which such person was a general partner or executive officer either at the time of the bankruptcy or within two years prior to that time.; · ~~Been~~been convicted in a criminal proceeding or been subject to a pending criminal proceeding, excluding traffic violations and other minor offenses.; · ~~Been~~been subject to any order, judgment or decree, not subsequently reversed, suspended or vacated, of any court of competent jurisdiction, permanently or temporarily enjoining, barring, suspending or otherwise limiting his involvement in any type of business, securities or banking activities.; · ~~Been~~been found by a court of competent jurisdiction (in a civil action), the SEC, or the Commodities Futures Trading Commission to have violated a federal or state securities or commodities law, and the judgment has not been reversed, suspended or vacated.; or · ~~Been~~been ~~the~~ subject to, or a party to, any sanction or order, not subsequently reverse, suspended or vacated, of any self-regulatory organization, any registered entity, or any equivalent exchange, association, entity or organization that has disciplinary authority over its members or persons associated with a member.

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Family Relationships

There are no family relationships among our executive officers or directors.

Audit Committee

We do not presently have an audit committee. Our board of directors currently acts as our audit committee.

Compensation Committee

We do not presently have a compensation committee. Our board of directors currently acts as our compensation committee.

Nominating Committee

We do not presently have a nominating committee. Our board of directors currently acts as our nominating committee.

Code of Ethics

We have not adopted Code of Ethics which is applicable to our executive officers.

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Item 11. Executive Compensation.

~~The~~During ~~following~~the ~~table~~fiscal ~~sets~~years ~~forth~~ended ~~the~~July ~~compensation~~31, ~~paid~~2024 byand us2023, ~~for~~there ~~the~~was ~~last~~no ~~three~~compensation ~~completed~~paid ~~fiscal~~by ~~years~~the ~~ending~~Company ~~for~~to its our ~~executive~~senior ~~officers.~~management, ~~This~~including ~~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 our executive officers.~~

Summary Compensation Table

Name and PrincipalPosition	Year	Salary($)		Bonus($)		StockAwards($)		Option Awards ($)		Non- EquityIncentive Plan Compensation($)		Change in pensionvalue andnonqualified deferred compensation earnings($)		All OtherCompensation($)		Total($)
Mohammed Ifran Rafimiya Kazi	2023		0		0		0		0		0		0		0		0
President and CEO(1)	2022		0		0		0		0		0		0		0		0
	2021		0		0		0		0		0		0		0		0
Kateryna Malenko	2023		0		0		0		0		0		0		0		0
Secretary(1)	2022		0		0		0		0		0		0		0		0
	2021		0		0		0		0		0		0		0		0
William Alessi President, Chief Executive Officer and Secretary(2)	2023		0		0		0		0		0		0		0		0

	(1)	Mr. Kazi and Ms. Malenko resigned as executive officers and directors of the Company effective July 6, 2023.
	(2)	Mr. Alessi was appointed as an executive officer and director of the Company effective July 6, 2023 and resigned from such positions effective August 23, 2023.

Employment Agreements

The Company had no employment agreements with ~~the former executive officers named in the above table and has no employment agreement with~~ its ~~present~~ executive officers.

Equity Compensation Plans

The Company has no equity compensation plan in place and has not granted stock awards, stock options or other equity incentives to any of its former executive officers named in the above table or to any of its present executive officers.

Director Compensation

The Company has not implemented a compensation plan for and has not compensated its non-executive directors.

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Compliance with Section 16(a) of the Exchange Act

Section 16(a) of the Exchange Act requires our executive officers and directors and persons who own more than 10% of a registered class of our equity securities to file with the SEC initial statements of beneficial ownership, reports of changes in ownership and annual reports concerning their ownership of our common stock and other equity securities, on Forms 3, 4 and 5 respectively. Executive officers, ~~directors~~Directors and greater than 10% stockholders are required by the SEC regulations to furnish us with copies of all Section 16(a) reports that they file.

Based solely on our review of the copies of such forms received by us, or written representations from certain reporting persons, we believe that all filing requirements applicable to our officers, ~~directors~~Directors and greater than 10% beneficial owners were complied with under Section 16 of the Exchange Act during the fiscal year ended July 31, ~~2023~~2024, except ~~that~~as (i) Kateryna Malenko. a former executive officer and director did not file Forms 4 reporting he acquisition of 15,000,000 shares of Common Stock in December 2022 and 200,000 Series A Preferred Shares in January 2023 and the subsequent return for cancellation by the Company of (A) all 15,000,000 shares of Common Stock held by her in March 2023 and (B) all 300,000 Series A Preferred Shares held by her in July 2023; and (ii) William Alessi, a former executive officer and director of the Company failed to file a Form 3 when he became an executive officer and director in July 2023.follows:

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	·	Forms 3 required to be filed by Zenith Energy, Luca Benedetto and Ippolito Cattaneo, a former director and executive officer of the Company. were filed 27 days late due to administrative oversights.

	·	The Form 3 required to filed by Dario Sodero was filed 28 days late due to an administrative oversight.

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

The following table sets forth, as of date of this Report, 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. The address of each of our current directors and officers is c/o the Company, Via Tomaso Rodari 6, Lugano, Switzerland 6900. 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
Andrea Cattaneo (1)	0 shares of common stock		0	%
Luca Benedetto (1)	0 shares of common stock		0	%
Dario Sodero (1)	0 shares of common stock		0	%
All directors and officers as a group (3 persons) (1)	0 shares of common stock		0	%

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(1)

Mr. Andrea Cattaneo, is CEO, President and director of Zenith Energy, Mr. Benedetto is Chief Financial Officer and a director of Zenith Energy and Mr. Sodero is a director of Zenith Energy and accordingly, may be deemed to have shared voting and dispositive control over the Series A Preferred shares held by Zenith Energy, which afford Zenith Energy 99.87% of the voting power of the Company.

Securities Authorized for Issuance Under Equity Compensation Plans

Security Beneficial Ownership Table

The following table sets forth, as of date of this report, 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. The address of each of our current directors and officers is c/o the Company, Via Tomaso Rodari 6, Lugano, Switzerland 6900. 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
Luca Benedetto	0shares of common stock		0	%
Ippolito Cattaneo	0shares of common stock		0	%
Dario Sodero	0shares of common stock		0	%
All directors and officers as a group (3 persons)	0shares of common stock		0	%

_________________

Mr. Benedetto is Chief Financial Officer and a director of Zenith Energy and Mr. Sodero is a director of Zenith Energy and accordingly, may be deemed to have shared voting and dispositive control over the Series A Preferred shares held by Zenith Energy, which afford Zenith Energy 99.87% of the voting power of the Company.

~~The~~Since ~~following~~completion ~~are~~of ~~transactions for~~ the ~~last~~change ~~two~~in ~~completed~~control ~~fiscal~~transaction ~~years~~in ~~and~~August ~~any~~2023, ~~currently~~Zenith ~~proposed transaction~~Energy, inour ~~which~~controlling ~~the~~stockholder, ~~registrant~~has ~~was~~provided or$325,759 iscapital toin bethe aform ~~participant~~of ~~and~~payment ~~the~~made ~~amount~~on ~~involved~~behalf ~~exceeds~~of the ~~less~~Company ofand $~~120~~45,000 orpaid ~~one~~in ~~percent~~capital ofin ~~the~~cash. ~~average~~Zenith ofEnergy ~~the~~has ~~registrant's~~indicated ~~total~~that ~~assets~~intends atto ~~July~~continue ~~31,~~to ~~2023~~finance ~~and~~the ~~July~~Company ~~31,~~and ~~2022,~~its ~~and~~expansion ininto ~~which~~the ~~any~~energy ofsector, ~~the~~to ~~following~~acquire ~~persons~~additional ~~had~~royalties and/or ~~will~~ownership ~~have~~interest, apending ~~direct~~the orreceipt ~~indirect~~of ~~material~~additional ~~interest.~~financing

·Except ~~any~~with ~~director~~respect orto ~~executive~~the ~~officer;~~foregoing, ·during ~~any~~the ~~immediate~~fiscal ~~family~~years ~~member~~ended ofJuly ~~a director or executive officer~~31, ~~which~~2024 ~~means~~and ~~any~~July ~~child~~31, ~~stepchild~~2023, ~~parent,~~the ~~stepparent,~~Company ~~spouse,~~has ~~sibling,~~not ~~mother-in-law,~~engaged ~~father-~~in~~-law,~~ ~~son-in-law,~~any ~~daughter-in-law,~~transaction ~~brother-in-law,~~with orany ~~sister-in-law of such director,~~ executive officer, ~~and~~director ~~any person (other than a tenant~~ or ~~employee)~~5% ~~sharing the household of such director~~ or ~~executive~~greater ~~officer;~~stockholder, ~~· any person who was~~ in ~~any~~which ofthey ~~the~~had ~~following~~or ~~categories~~will ~~when~~have a ~~transaction in which such person had a~~ direct or indirect material interest ~~occurred~~exceeding or$120,000, ~~existed:~~nor ~~· any person who~~ is ~~known to the registrant to be the beneficial owner of more than five percent of~~ any ~~class of the registrant's voting securities; or · any immediate family member of any~~ such ~~security~~transaction ~~holder,~~currently ~~which~~proposed ~~means any child, stepchild, parent, stepparent, spouse, sibling, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law,~~ or ~~sister-in-law of such security holder, and any person (other than a tenant or employee) sharing the household of such security holder~~contemplated.

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Transaction with Directors

In June 2022, we entered into a subscription agreement with Kateryna Malenko, a former officer and director of the Company, whereby she purchased 100,000 Series A Preferred Shares from us for a total consideration of $100. In January 2023, we issued an additional 200,000 Series A Preferred Shares to Ms. Malenko. All of the Series A Preferred Shares were returned to the Company for cancellation in July 2023.

On December 22, 2022, we issued 15,000,000 shares of restricted Common Stock at a deemed price of $0.001 per share to Ms. Malenko. We issued these shares to Ms. Malenko in consideration of management and director services that she has provided to us. On March 9, 2023, Ms. Malenko agreed to cancel and return the 15,000,000 shares of restricted Common Stock to the treasury.

Except as set forth above, during the Company's two most recently completed fiscal years ended July 31, 2023 and July 31, 2022, 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 such persons in which they had a direct or indirect material interest in the transaction.

Other Related Party Transactions

Except as disclosed above, no executive officer, director or any member of these individuals' immediate families, any corporation or organization with whom any of these individuals is an affiliate or any trust or estate in which any of these individuals serve as a trustee or in a similar capacity or has a substantial beneficial interest in is or has been indebted to us at any time since the beginning of our last fiscal year.

Procedures for Approval of Related Party Transactions

Our ~~Board~~board of directors is charged with reviewing and approving all potential related party transactions. All such related party transactions must then be reported under applicable SEC rules. We have not adopted other procedures for review, or standards for approval, of such transactions, but instead review them on a case-by-case basis.

Item 14. Principal Accountant Fees and Services.

Audit Fees

For the fiscal years ended July 31, ~~2023~~2024 and July 31, ~~2022~~2023., our independent registered public accounting firms were ~~Ahmed & Associates~~WWC, ~~CPA~~Professional ~~P.C.~~Corporation ~~and~~Certified ~~Jack~~Public ~~Shama~~Accountants, ~~CPA,~~PCAOB ~~respectively.~~ID: The aggregate fees billed for professional services rendered for the accounting and audit of our financial statements for the fiscal years ended July 31, 2023 and July 31, 2022, were $2,500 and $2,000, respectively1171.

The aggregate fees billed by for professional services rendered for the accounting and audit of our financial statements for the fiscal years ended July 31, 2024 and July 31, 2023, were $20,000 and $27,000, respectively.

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Audit-Related Fees

There have been no audit-related fees billed by our independent registered public accounting firms in the fiscal years ended July 31, ~~2023~~2024 and July 31, ~~2022~~2023.

Tax Fees

There have been no tax fees billed by our independent registered public accounting firms in the fiscal years ended July 31, ~~2023~~2024 and July 31, ~~2022~~2023.

All Other Fees

Our registered independent registered public accounting firms have billed us $431,~~500~~800 ~~for~~in ~~other~~relation ~~fees related~~ to the review of our Quarterly Reports on Form 10-Q, infor ~~each of~~ the fiscal years ended July 31, ~~2023~~2024 and July 31, ~~2022~~2023, respectively.

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Policy on Audit Committee Pre-Approval of Audit and Permissible Non-Audit Services of Independent Auditors

Since we do not have a formal audit committee given our relatively small size, our board of directors serves as our audit committee. We have not adopted pre-approval policies and procedures with respect to our accountants. All of the services provided, and fees charged by our independent registered public accounting firms were approved by the board of directors.

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PART IV

Item 15. Exhibits and Financial Statement Schedules.

Exhibit		Description of 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.la		Certificate of Change, effective October 23, 2019, providing for a 4-for-l stock split and increase in authorized common stock. (Incorporated herein by reference to Exhibit 3.la to the Company's Amended Annual ~~report~~Report on Form 10-K/A, filed with the Commission on August 13, 2020.)
3.1b		Certificate of Designation of Series A Super Voting Preferred Stock, (previously filed ~~herewith~~with this Report.)
3.1c		Certificate of Amendment to Articles of Incorporation of the Company effective April 26, 2024 -filed herewith.
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.)
31.1		Section 302 Certification – Chief Executive Officer, filed herewith.
32.1		Section 906 Certification, filed herewith.
31.2		Section 302 Certification – Chief Financial Officer, filed herewith.
32.1		Section 906 Certification – Chief Executive Officer, filed herewith.
32.2		Section 906 Certification – Chief Executive Officer, filed herewith.

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

EC Ref. No.		Title of Document
101.INS		Inline XBRL Instance Document
101.SCH		Inline XBRL Taxonomy Extension Schema Document
101.CAL		Inline XBRL Taxonomy Calculation Linkbase Document
101.DEF		Inline XBRL Taxonomy Extension Definition Linkbase Document
101.LAB		Inline XBRL Taxonomy Label Linkbase Document
101.PRE		Inline XBRL Taxonomy Presentation Linkbase Document
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

Item 16. Form 10-K Summary.

None.

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SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

CYBER APPS WORLD, INC.
LEOPARD ENERGY, INC.
By:	/s/ Luca Benedetto
	Luca Benedetto
	President and Treasurer(Principal Executive, Financial and Accounting Officer)
	Chief Financial Officer
	Date: October 25, 2023
	(Principal Financial and Accounting Officer)
	Date: November 22, 2024

InPursuant ~~accordance~~to ~~with~~the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the ~~registrant~~Registrant and in the capacities and on the dates indicated.:

/s/ Luca Benedetto

Signature	Title	Date

/s/ Andrea Cattaneo	Chief Executive Officer and Director	November 22, 2024
Andrea Cattaneo	(Principal Executive Officer)

/s/ Luca Benedetto	Chief Financial Officer	November 22, 2024
Luca Benedetto	(Principal Financial and Accounting Officer)

/s/ Dario Sodero	Director	November 22, 2024
Dario Sodero

~~Luca Benedetto~~18

President, Treasurer and Director

(Principal Executive, Financial and Accounting Officer)

Date: October 25, 2023

Filing Compare · Leopard Energy, Inc.