HotApp International Inc (“HotApp”) announced today that it has entered into an Agreement for Services (“Agreement”) with iGalen International Inc (“iGalen”), a company specializing in dietary supplements, to provide iGalen with a mobile enterprise resource planning platform (“Mobile App”) for iGalen’s members.
Under the terms of the agreement, iGalen, a U.S.-based network marketing company, 53% owned subsidiary of Singapore Exchange-listed Singapore eDevelopment Limited (“SeD”), and affiliate of HotApp, will share 3% of its entire annual global revenue with HotApp for the financial year ending 31 December 2017. In turn, HotApp will be responsible for maintaining and upgrading the Mobile App platform, as well as providing the required cloud infrastructure.
HotApp will absorb the cost of development of the Mobile App, and will not charge individual members for use of the Mobile App’s standard functions.
The foregoing description of the Agreement does not purport to be complete and is qualified in its entirety by the Agreement, a copy of which is attached to this Current Report on Form 8-K as Exhibit 10.1.
Item 9.01
Financial Statements and Exhibits

(d)
Exhibits

Exhibit
Description

10.1
Agreement For Services


About HotApp International Inc. (OTCMKTS:HTPN)

HotApp International Inc. offers a software application, HotApp. The Company’s HotApp is a cross-platform mobile application that incorporates instant messaging and e-commerce. It provides a messaging and calling service for HotApp users (text, photo, audio). HotApp can be used on mobile platforms, such as iPhone operating software (IOS) Online or Android. Its HotApp is a community communications ecosystem, connecting users wishing to seek out both local and global communities and equipping them with tools to communicate across borders. HotApp intends to monetize the relationship between advertisers, online-to-offline (O2O) operators and e-service providers, and the HotApp communities. The features of HotApp, such as HotNearby and HotRoom, help in peer-to-peer buying decision. With the Company’s platform, users can discover and build their own communities, and create content.

HotApp International Inc. (OTCMKTS:HTPN) Recent Trading Information

HotApp International Inc. (OTCMKTS:HTPN) closed its last trading session at 0.0000 with shares trading hands.