WARPSPEED TAXI INC. : Termination of a Material Definitive Agreement, Changes in Control or Registrant, Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K)

Item 1.02 Termination of a Material Definitive Agreement

On January 19, 2022, we entered into an agreement whereby we terminated our asset purchase and sale agreement dated December 20, 2020 with Limitless Projects Inc. ("Limitless") to acquire the WarpSpeed Taxi computer application given our inability to make a required payment pursuant to that agreement.

Pursuant to the terms of the termination agreement, Limitless has reimbursed us the $10,000 cash payment that we made to Limitless upon the execution of the original agreement. Additionally, the directors of WarpSpeed, who are also the directors of our parent company, Cyber Apps World, Inc. ("Cyber Apps"), have resigned and appointed Daniel Okelo, the president of Limitless, in their place. Cyber Apps will also transfer the 115,000,000 shares of common stock in our capital that it owns to Limitless for consideration of $14,100.

Item 5.01 Changes in Control of Registrant.

As a result of the above-noted termination agreement, our parent company, Cyber Apps, has agreed to transfer 115,000,000 shares of common stock in our capital to Limitless for $14,100, which was the subscription price that Cyber Apps paid for its acquisition of our common stock. As a result of this transfer, Limitless will own 48.1% of our issued and outstanding shares of common stock. Daniel Okelo is the controlling shareholder of Limitless, as well as its sole director and officer.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors;

           Appointment of Certain Officers; Compensatory Arrangements of Certain
           Officers.

Effective January 19, 2022, Mohammed Irfan Rafimiya Kazi resigned as our president, Chief Executive Officer, and director, and Kateryna Malenko resigned as our Chief Financial Officer, Secretary, Treasurer, and director. In their place, Mr. Kazi and Ms. Malenko appointed Daniel Okelo as our President, Chief Executive Officer, Chief Financial Officer, Secretary, Treasurer, and director in accordance with the terms of the above-noted termination agreement.

Mr. Okelo has acted as the President, C.E.O., C.F.O., and a director of Limitless Projects Inc., a U.S. reporting company since November 2020. Since April 2019, he has also acted as relief manager for Ashnil Lodges and Camps. From September 2018 to April 2019, Mr. Okelo acted as a manager for the Crown Plaza Hotel and, from December 2015 to September 2018, he acted as the rooms division manager for the Nairobi Safari Club. All of these companies are located in Nairobi, Kenya. Mr. Okelo is in the course of completing his Master of Science degree in Hospitality and Tourism Management from Kenyatta University in Nairobi. He earned his Bachelor of Science degree in Hospitality and Tourism Management from the same institution in 2014. Mr. Okelo also holds a diploma in hotel management from Kenya Utalii College in Nairobi.

Item 9.01 Financial Statements and Exhibits

Exhibit No.   Description

  10.1          Termination Agreement among Limitless Projects Inc., WarpSpeed
              Taxi Inc. and Cyber Apps World, Inc. dated January 19, 2022.




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