AppYea Accelerates Strategic Transformation: Internal Management Review as to Uplisting to a National Exchange, Rebranding to Mellatrix, Closing and Completion of Techlott Integration -- Including Evaluation of Entry Into the Prediction Markets Sector

Core Insights - AppYea, Inc. is accelerating its internal management review for a potential uplisting to a U.S. national securities exchange, specifically Nasdaq or NYSE American, pending compliance with listing requirements [1][3] - The company is undergoing a rebranding process to become Mellatrix Inc., which will include updating its ticker symbol and CUSIP number after regulatory approvals [1][5] - The integration of Techlott, a blockchain infrastructure for real-time result verification, is a key component of the company's forward strategy [2][8] Corporate Developments - The company is making significant progress in closing the Techlott transaction by the end of the year [2] - Techlott's architecture aims to enhance transparency and verifiable integrity in critical outcome-driven industries [4][7] - The company is aligning its internal corporate and accounting practices with the eligibility criteria for Nasdaq and NYSE American, focusing on governance, internal controls, and financial reporting [5] Technology and Market Strategy - The company is evaluating the potential expansion into the prediction markets sector, ensuring compliance with regulatory considerations [4][6] - A network-level token for the Techlott infrastructure is being explored for system-level functions, although no token or security is currently being offered [5][6] - The development roadmap for Techlott includes support for diverse game types and regulated prediction frameworks expected by Q4 2025 [5] Management Commentary - The CEO of Mellatrix emphasized the importance of Techlott in providing transparency and verification in outcome-driven industries [7] - The Chairman of the Board highlighted the strategic phase the company is entering, focusing on technology infrastructure and regulatory alignment for long-term growth [7]