Share
clock Created with Sketch.
18/01/16
12:14
Share
Originally posted by simonaw
↑
There is a lot of juicy info in the prospectus.
From the prospectus in relation to material contracts...
"Xped currently holds and is seeking to enter a number of nonbinding agreements with various third parties seeking to commercialise on the ADRC technology. There is currently in place an MoU with Tytronics to co-develop thermostat products to be distributed and sold throughout the HVAC market. Additionally, Xped has entered an MOU with Vital Xense Pte Ltd in Singapore pursuant to which both Xped Global and Vital Xense Pte Ltd intend to collaborate on the building of an end to end Internet of Things service, to simplify and accelerate the creation, deployment and management of connected products and solutions."
Expand
Did some research into Vital Xense Pte Ltd and there is not much info out there. The company is registered in a residential apartment in Singapore though so obviously not large..