Vita Mobile Systems Inc (VMSI)

[1manband]

Wikipedia? Please. Wikipedia is full of fake and incorrect information. Undoubtedly that wrong statement was put there by someone trying to justify their scam company's use of the term.

I suggest you look at the actual regulations. The first rule of NI 43-101 is that the report is filed with, and reviewed by, Canadian regulators. Non-Canadian reporting companies cannot comply with NI 43-101 because only Canadian reporting companies can comply with the law.

Non-Canadian reporting companies claiming "NI 43-101" reports is an almost sure signal that the company is a scam. Legitimate companies know better. US issuers are legally required to use Industry Guide 7 standards.

I guarantee they don't have an actual NI 43-101 report. Not only because they are not a Canadian reporting issuer and the report has not been filed with Canadian regulators, but the description of the report in the PR violates several other parts of NI 43-101. If they were actually a Canadian issuer, they would be in a world of trouble with the securities regulators right about now.