So within hours of me publishing my app I get an email from Ubinuri, Inc's Lena Kwon saying they would like permission to distribute my app in Asian markets. I didn't know what to think at first, but with some research i found a few others that were approached by Ubinuri as well. These others were promised 300 dollars up front as well as 50% of the revenue made. I got no such offer with no mention of any type of compensation. This may be because my app is free to begin with, but either way I'm not biting.
Here is the blog of another developer who was also contacted about his app from Ubinuri.
If you want to check out the company for yourself, the website they included in their email is http://www.ubi-nuri.com.