Apple iSports Group, Inc. 8-K

What Happened Apple iSports Group, Inc. (AAPI) filed an 8-K on January 8, 2026 reporting that on December 31, 2025 the company terminated Lee Seltzer as Chief Operating Officer and as an employee of the company’s Australian (second‑tier) subsidiary. The termination coincided with AAPI’s decision to move its operations from Australia to the United States, effective December 31, 2025. On the same date, Mr. Seltzer made a demand on the company for approximately $100,000, which he asserts is owed under his Australian employment agreement; the company is currently assessing these demands.

Key Details

• Termination date: December 31, 2025; 8‑K filed January 8, 2026.
• Officer: Lee Seltzer, Chief Operating Officer (and employee of the Australian second‑tier subsidiary).
• Claim amount: approximately $100,000 asserted by Mr. Seltzer under his employment agreement.
• Corporate action: operations moved from Australia to the United States, effective December 31, 2025; company is evaluating the asserted claim.

Why It Matters This filing notifies investors of a senior leadership change and a cross‑border operational shift that could affect the company’s cost structure, tax profile, and regulatory environment. The asserted payment of roughly $100,000 appears limited in size relative to typical corporate budgets, but it represents a potential near‑term liability until the company resolves the claim. Investors should watch for follow‑up disclosures about any settlement, replacement of the COO role, or further impacts from the operational move.