Mr. Conrad Clemiss reports

APPLE ANNOUNCED PROPOSED SHARE CONSOLIDATION

Apple Capital Inc. intends to proceed with a consolidation of its outstanding common shares on the basis of six preconsolidation shares for one postconsolidation share.

Currently, a total of 15,258,180 shares are issued and outstanding. Accordingly, if the consolidation is put into effect, a total of 2,543,030 shares, subject to adjustments for rounding, would be issued and outstanding, assuming there are no other changes in the issued capital of the company. There is currently no maximum number of authorized shares. The consolidation is being proposed in connection with Apple's proposed acquisition of YDreams Brazil -- Servicos e Solucoes Interativas LTDA (as previously announced on June 10, 2015, and July 2, 2015) and is subject to approval of the TSX Venture Exchange. However, the company intends on effecting the consolidation irrespective of closing the transaction with YDreams in order to allow the company greater flexibility in future financings and for potential mergers and acquisitions.

There is no name change in conjunction with the consolidation.

We seek Safe Harbor.