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Ann: Binding Term Sheet with FitLab LLC - Mayweather Training App, page-56

  1. 2,574 Posts.
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    Indeed @willi5 this will be a ripper of an achievement for MYQ.

    What another awesome day for MYQ, congrats all!

    Speaking of Android remember this payment is due this quarter to expedite the development of the Android application:

    "Subject to Mr Krishan successfully completing a financing for the Indian side of the businesso opportunityin 1st Quarter 2018, MyFiziq will receive a license fee of USD $1M for the rights to the Indian market and will also be paid a further USD $500,000 to expedite the development of the Android
    application, which is the dominant mobile device/phone used in India."

    "MyFiziq will integrate its platform into a number of India-based health,
    fitness, wellness and sporting organisations that Mr Krishnan advises. The initial target will be the
    Stepathlon platform across its 620+ partner companies and more than 349,000 employees. This initial application will showcase MyFiziq’s functionality to the ever-growing market in India, with a
    population of over one billion."

    This is on of the exciting things that I'm looking forward to this quarter!

    I believe Vlado is presenting in Sydney tomorrow with institutional investors and then at a conference on Wednesday....

    Lots to look forward to.

    Cheers

    Red bar
    Last edited by Red bar: 15/01/18
 
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