Ann: MYQ Signs Agreement with Nexus-Vita with USD$3.5m Guarantee, page-18

A further analysis of the announcement seems to indicate that the Singapore based, Nexus- Vita Pte Ltd has until December to come up with with the cash or the deal can be terminated. It further indicates that they are confident of doing so within the time frame.
In order to get this cash up- front guarantee, MYQ has had to significantly discount the price per application by ~46%.. Big discount..however maybe not a bad deal to get this sort of cash flow locked in at this early stage of development. So every thing seems to hinge on this Singapore company being able to come up with the cash by December.
A quick search of Nexus- Vita indercates that their principal business activity is " other holding companies" of which there appear to be many.. One of which is Rolling Carbon Pte.Ltd which also trades as Nexus- Vita. both are private companies registered at same Singapore busines address.
Both companies have a Paid Up Capital of $1.00. and appear to be very small operations in terms of staff and locations.
I will be keeping a close watch on the progress of Nexus- Vita's ability to drum up the cash by the requred deadline.

Please DYOR. and Good Luck to all.