AHI 0.00% 9.2¢ advanced health intelligence ltd

For those asking where certain agreements are at, see below from...

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    For those asking where certain agreements are at, see below from a Nasdaq prospectus. Again whether the partners can deliver on these timelines is another question, let’s hope for us holders that they do.

    A further 9 partner applications are expected to launch (with our technology embedded) within the next 6 months, to generate revenue, including:

    a.We signed an agreement with Nexus Vita Pte Ltd (“Nexus-Vita”) on October 6, 2020. Nexus-Vita under that agreement, has contractually committed to a minimum annual revenue of US$3,588,000 per annum (on a cash basis), from the date of the commercial launch of its app, subject to meeting current development and integration, we anticipate to begin by January 2022). On June 21, 2021, the Company entered into a binding Terms Sheet with Nexus-Vita whereby the Company and Nexus-Vita have agreed to collaborate and work together to design, develop and integrate the Company’s platform into the existing Nexus-Vita platform. Nexus-Vita has agreed to pay the Company a fixed amount of US$500,000 for the completion of the integration to be performed by the Company’s development team. We anticipate to receive the full fixed amount payment within the next 60 days, with an initial payment of US$100,000 being paid within the next 30 days. The Company and Nexus-Vita have agreed to enter into a definitive agreement prior to Nexus-Vita’s application being integrated with the Company’s platform.

    b.On November 17, 2020, we signed a binding Terms Sheet with The Original Fit Factory (“TOFF”), which has developed the world-leading TRUCONNECT and TV.FIT fitness and wellbeing platforms, available through iOS and Android app stores across 71 countries. TOFF has both B2C and B2B app solutions for users. Our BodyScan technology will be integrated into TOFF’s B2C and B2B offerings.

    c.On September 9 2020, we signed a binding Terms Sheet with WellteQ Limited (“WellteQ”) to provide our CompleteScan platform for WellteQ’s personalized digital wellness and analytics platform. 10

    d.On October 20, 2020, we signed a definitive agreement with MVMNT Inc (“MVMNT”). Under the terms of that agreement, our technology will be integrated into MVMNT’s core mobile technology platform and our solutions will be made available to all subscribers within MVMNT’s branded digital training experiences apps, commencing with fitness-centric platforms including but not limited to McGregor F.A.S.T. and Fitocracy.

    e.On October 8, 2020, we signed a binding Terms Sheet with Jayex Healthcare Ltd (“Jayex”) to integrate our CompleteScan platform into the Jayex Connect patient engagement platform. Jayex has a customer base spanning over 3,250 locations in the UK, Australia and New Zealand and over 50 million patient interactions per year.

    f.On June 22, 2019, we signed a binding Terms Sheet with Boditrax Ltd (“Boditrax”) to integrate our technology into the Boditrax platform. Boditrax is an innovative British company that creates digital solutions for the health, fitness and wellness sectors internationally. Boditrax solutions are medical grade devices, programs and software to give gym/clinic operators a clinically validated understanding of each client’s body composition, mental well-being, health goals and progress. Boditrax’s technology is renowned for its accuracy and is chosen and trusted by leading hospitals, universities, corporations, Formula One, Premier League football and other elite sports teams. Clients include the National Health Service NHS (England), HM Government, BBC, Sky, Rolls-Royce, Renault, Cadbury, Kellogg’s. Body Worlds, and the David Lloyd, Virgin Active, Fitness First and Pure Gym Health Clubs. The company is currently experiencing some delays in its launch with Boditrax due to the COVID-19 lockdown restrictions.

    g.On April 28, 2020, we signed a Definitive Agreement with Active8me Pte Ltd (“Active8me”) to integrate our technology into the Active8me platform. Active8me simplifies healthy, active living in a unique all-in-one mobile platform that incorporates all aspects of healthy living, exercise, nutrition, mindset, and tracking. Its solutions target insurers, telehealth, mHealth, healthcare providers, corporates, governments, and some of Asia’s largest telecommunications companies. Two-time Olympian, Jeremy Rolleston, has brought together a raft of fitness, nutrition and health experts including dual Olympians (Duncan Harvey, Ben St Lawrence and Johanna Lyle), together with Fay Hokulani, Nikki Torres and Jaclyn Reutens – to curate proven fitness programs and to create customized plans that users can follow to take control of their fitness, health and wellness. Their range of programs include: Lose Weight, Lean Fit & Toned, Diabetes Prevent, Post Baby, Running and more. The company is currently experiencing some delays in its launch with Active8me due to the COVID-19 lockdown restrictions.
 
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