Oct 26, 2013
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ThisreportandalloftheinformationcontainedhereinspecificallyaddresstheallegationsfromtheMuddyWater’sreportasreleasedonOct24,2013andisbeingprovidedasanaddendumtoaninvestorcallheldonOct25
th
,2013.
© 2013 NQ Mobile Inc. Proprietary and Confidential
Allegation: NQ China Revenue is Fraudulent
Claim: NQ CASH holdings are fabricated and falsified.
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NQ CASH HOLDINGS ARE REAL. CASH is the ultimate determinate of the health of abusiness and is the yardstick by which any business can be measured.
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NQ has made public all of its bank account holdings, bank names, account numbers,and balances.
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NQ will immediately take steps to obtain an independent validation of NQ CASHholdings.
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NQ has a very strong balance sheet and will show details of its cash position to anyonewishing to do additional diligence.
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© 2013 NQ Mobile Inc. Proprietary and Confidential
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