---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-24-003158"
form_type: "8-K"
ticker: "AAPI"
cik: "0001134982"
company_name: "Apple iSports Group, Inc."
filed_at: "2024-05-20T23:59:59+00:00"
generated_at: "2026-06-01T12:18:50.575601+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Apple iSports Group restates three quarterly 10-Qs; share count error and IP accounting issues

## Summary
- Management concludes 10-Qs for March, June, Sept 2023 should be restated and no longer relied upon.
- Share count error: reported 202,704,211 shares vs actual 7,642,211 as of Dec 31, 2022; $19,506 reclassified.
- $1,000,000 AUD IP transaction: recognized expense in Q1 2023, but IP returned and rescinded in April 2024.
- Restatement affects balance sheet, statements of stockholders' deficit for multiple periods.
- Company and third-party executed binding rescission waiving $1,000,000 AUD share issuance liability.

## SEC filing metadata
- accession: 0001477932-24-003158
- form_type: 8-K
- ticker: AAPI
- cik: 0001134982
- company_name: Apple iSports Group, Inc.
- filed_at: 2024-05-20T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 4.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1134982/000147793224003158/0001477932-24-003158-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1134982/000147793224003158/pvnc_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-24-003158
- JSON: https://secwatch.observer/filing/0001477932-24-003158.json
- Plain text: https://secwatch.observer/filing/0001477932-24-003158.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.