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Vita Mobile Systems Announces Investment Agreement With Tangiers Global6:00 am ET September 16, 2020 (Globe Newswire) Print via NEWMEDIAWIRE -- Vita Mobile Systems, Inc. (OTC PINK: VMSI), a technology company specializing in big data via digital imaging on mobile devices, today announced an investment agreement with Tangiers Global, LLC. Tangiers is a San Diego-based financial firm that provides working and expansion funding to small and microcap public companies and has been a VMSI partner since 2018. In anticipation of the Company's audit completion, Tangiers and VMSI have executed an agreement for additional funding to ensure enough resources for all audit fees and filing expenses as VMSI looks to move forward post-audit. "We are thankful for all the trust and support that Tangiers has shown our organization over the past two years. We are excited about our company future, as well as the previously announced acquisition candidate, and look forward to getting past the audit. While the audit process has taken longer than planned, it was an essential foundational stepping stone. Our team, and potential new additions to the team, all share a very optimistic and excited perspective for our path moving forward," stated Sean Guerrero, CEO of Vita Mobile Systems. To learn more about VITA please visit the Vita Mobile Systems website atwww.vitamobilesystems.com. About Vita Mobile Systems, Inc. (www.vitamobilesystems.com) Vita Mobile Systems, Inc. (OTC PINK: VMSI) is a technology company focusing on digital imaging in mobile devices, collection of big data and development of artificial intelligence. Vita Mobile Systems is currently finalizing their first geolocation-based, social media app "VITA" for release on both iOS and Android. Comprised of a strong foundation of successful entrepreneurs, Vita Mobile Systems has developed proprietary algorithms and tools which gather, categorize, analyze and augment digital content. Over the years, Vita Mobile Systems has used these proprietary marketing, social media, and data collection tools to generate significant amounts of internet traffic for advertising networks. Vita Mobile Systems aims to create a monumental library of crowdsourced content, a massive catalogue of predictive big data, and platform for ultra-targeted advertising. The company expects to establish a strong foundation within the multibillion-dollar industry of driving big data and targeted advertising through its process of cataloging, meta-tagging, analyzing, and predicting trends of everyday people in everyday life. About Tangiers Global, LLC (www.tangierscapital.com) Founded in 2006, Tangiers provides working and expansion funding to small and microcap public companies through a variety of investment structures, including the new Fixed Funding Commitment(TM). "Tangiers manages its own private capital. We are not brokers or finders, which allows us to make quick and creative decisions by deploying our own personal investment funds on an accelerated timeline. We pride ourselves on building long term relationships with our client companies to ensure that they have the resources necessary to propel their growth year after year." Cautionary Language Concerning Forward-Looking Statements: This press release contains forward-looking statements. The words or phrases "would be," "will allow," "intends to," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "project," or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected by VITA. The public filings, if any, of Vita Mobile Systems, Inc. (OTC Pink: VMSI) may be accessed at www.otcmarkets.com. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. VITA cautions readers not to place reliance on such statements. Unless otherwise required by applicable law, VITA does not undertake, and VITA specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement. Contact: Vita Mobile Systems, Inc. 2640 Main St. Irvine, CA 92614 949-864-6902 info@vitamobilesystems.com Investor Relations: 949-864-6902 ir@vitamobilesystems.com https://ml.globenewswire.com/media/cd34316a-752c-4354-adcf-8ca5a35709c1/small/l59828741070e120004e79118-logo-jpg.jpg | | ||||||
Board of Directors of VMSI Discuss 2019 |
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 Board of Directors of VMSI Discuss 2019 IRVINE, CA -- August 7, 2019 -- InvestorsHub NewsWire -- Vita Mobile Systems, Inc. (OTC PINK: VMSI), a technology company specializing in big data via digital imaging on mobile devices, today provided highlights from its latest Board of Directors meeting, an update on its progress toward uplisting to the OTCQB and details on its Artificial Intelligence (AI) Content System. During the latest Board of Directors meeting, board members and company officers reviewed the Company’s progress and plans for the rest of 2019. At the end of last year, Vita Mobile Systems announced finalizing an investment agreement for up to $5 Million in equity financing and working towards completing an audit and uplisting the Company to the OTCQB. The compilation of financials from VMSI along with gathering of all of the financials of GMUI, the preceding Company and management, has drawn out the audit process much longer than anticipated. With that said, the Company expects to complete the audit very soon. The Company has already finalized the draft of its registration statement on Form S-1, which is part of the process to become a fully reporting company with the U.S. Securities and Exchange Commission (SEC) and uplist to the OTCQB. The OTCQB is recognized by the SEC as an established public market and is a venture market designed for early-stage and developing US and international companies. Board Member Colin Walker stated, “I’m really proud of how far we have come over the last calendar year. We were able to run a lean organization this past year while establishing a very strong technology foundation, which will serve us extremely well to close out 2019 strong. Even our own CEO hasn’t taken a salary for most of this past year as part of his own commitment to our vision and as an example of how much passion we are all putting into Vita Mobile Systems.” Operationally, the end of 2018 into 2019 thus far, Vita Mobile Systems worked towards developing its Artificial Intelligence (AI) Content System and Ad Tech technology as stand-alone services as well as moved along its first mobile app VITA. The AI Content System is designed to analyze all social media content on any open source social media platform to interpret behavior, anticipate need and predict patterns, making it a robust, versatile service that can be leveraged by any industry to analyze trending data and analytical information. Additional applications include use in the public and security sectors, specifically military intelligence. The Board of Directors meeting also included discussion of early interest and inquiries from companies in the defense industry. VITA, the Company’s flagship mobile app that uses propriety crowdsourcing, geolocation and AI algorithms to allow users to both contribute to and experience firsthand photos, videos and commentary for any event or location, will be the first app to integrate the Company’s AI and Ad Tech services. “Last year we were so focused on releasing our first app VITA that we didn’t realize what we had was much bigger than VITA itself. Once it became clear that our AI and Ad Tech technologies had vastly more potential on their own, than just being part of VITA, management and the board made the decision to delay VITA’s completion so that our team could focus on developing our technologies as services,” stated Sean Guerrero, CEO of Vita Mobile Systems, Inc. “Our technology has come a long way over the past year and we are proud of our progress. We also worked hard to be fiscally conservative and plan to continue that approach - we only plan to draw a small portion of our equity line to finish VITA and our AI and Ad Tech services.” To learn more about VITA please visit the Vita Mobile Systems website at www.vitamobilesystems.com. About Tangiers Global, LLC (www.tangierscapital.com) Founded in 2006, Tangiers provides working and expansion funding to small and microcap public companies through a variety of investment structures, including the new Fixed Funding Commitment™. “Tangiers manages its own private capital. We are not brokers or finders, which allows us to make quick and creative decisions by deploying our own personal investment funds on an accelerated timeline. We pride ourselves on building long term relationships with our client companies to ensure that they have the resources necessary to propel their growth year after year.” About Vita Mobile Systems, Inc. (www.vitamobilesystems.com) Vita Mobile Systems, Inc. (OTC PINK: VMSI) is a technology company focusing on digital imaging in mobile devices, collection of big data and development of artificial intelligence. Vita Mobile Systems is currently finalizing their first geolocation-based, social media app "VITA" for release on both iOS and Android. Comprised of a strong foundation of successful entrepreneurs, Vita Mobile Systems has developed proprietary algorithms and tools which gather, categorize, analyze and augment digital content. Over the years, Vita Mobile Systems has used these proprietary marketing, social media, and data collection tools to generate significant amounts of internet traffic for advertising networks. Vita Mobile Systems aims to create a monumental library of crowdsourced content, a massive catalogue of predictive big data, and platform for ultra-targeted advertising. The company expects to establish a strong foundation within the multibillion-dollar industry of driving big data and targeted advertising through its process of cataloging, meta-tagging, analyzing, and predicting trends of everyday people in everyday life. Cautionary Language Concerning Forward-Looking Statements: This press release contains forward-looking statements. The words or phrases "would be," "will allow," "intends to," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "project," or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected by VITA. The public filings, if any, of Vita Mobile Systems, Inc. (OTC Pink: VMSI) may be accessed at www.otcmarkets.com. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. VITA cautions readers not to place reliance on such statements. Unless otherwise required by applicable law, VITA does not undertake, and VITA specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement. Contact: Vita Mobile Systems, Inc. 2640 Main St.Irvine, CA 92614 949-864-6902 info@vitamobilesystems.com Investor Relations: 949-864-6902 ir@vitamobilesystems.com |
VITA Mobile Systems Finalizes Secure NDA for Public Beta Testers Across US |
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“We expect to complete our content infrastructure expansion in the next few weeks at which point we will launch sign up for public beta testing,” stated Sean Guerrero, CEO of Vita Mobile Systems, Inc. “We will be recruiting and selecting public beta testers from across the US and from a variety of device platforms and operating systems in order to ensure all aspects of the VITA app get tested. A key ingredient is ensuring confidentiality, so we have taken special care in crafting an NDA with our legal team that will ensure the confidentiality of our app and protect the best interests of the VITA shareholders. Once we launch public beta testing, we will begin with small groups of testers and increase incrementally as we continue to fine tune our environment to ensure an excellent user experience. Those interested in public beta testing will find a dedicated sign up page at http://vitamobilesystems.com/beta on April 17th.” VITA is a revolutionary mobile social app that uses crowdsourcing, geolocation and artificial intelligence to allow anyone to easily find and view what's happening at any place around them or across the globe. Vita Mobile Systems has developed a proprietary artificial intelligence platform for its app that is specially designed to work in conjunction with other social media platforms such as Facebook, Twitter and Instagram to drive user traffic to VITA. Vita Mobile Systems expects its AI algorithms to organically and successfully market the VITA app to social media users across the US as part of the Company’s initial launch marketing strategy to reach over 2 million users per day. Vita Mobile Systems moved the company and its proprietary technologies from the private sector to the OTC market last year and plans to up list to the OTCQB soon after the VITA app goes live. To see more about VITA please visit the Vita Mobile Systems website at www.vitamobilesystems.com. |
Vita Mobile Systems is an app company focusing on digital imaging and technology in mobile devices. VITA, their first app release, makes it easy to illustrate, record and share life's events creating an immersive
crowd-sourced view of everyday life. The VITA community empowers it's users to experience an event or view a location from a multitude of perspectives. By using a familiar and user friendly map to locate images & videos,
users can easily view content as soon as it is created and also share their favorites on their regular social media networks. Life’s moments are precious and worth saving. VITA makes viewing these moments easier, faster,
and more engaging. The Company will be led by an innovative executive team of serial entrepreneurs with 10 plus years each of successful venture experience in the internet space including Sean Guerrero (CEO),
Kyle Kohler (CTO). This team will also be supported by a strong board of directors including Martin R. Wade, III (Board Chairman/CFO), Sean Guerrero, Colin Walker and Dr. Son Pham, PhD.
Board Member Involved with VITA:
Irvine, CA -- February 05, 2018 -- InvestorsHub NewsWire -- Last week, Vita Mobile Systems, Inc. (OTC Pink: VMSI) successfully completed its name and symbol change and is now undertaking the next steps to launch the Company’s highly anticipated crowdsourced geolocation app VITA.
VITA is a revolutionary mobile social app that uses crowdsourcing, geolocation and artificial intelligence technology to allow anyone to easily find and view what's happening at any place around them or across the globe.
Calling All Beta Testers
Vita’s highly anticipated new social media app VITA will soon begin beta testing to prepare for its US launch on for Android on Google’s Google Play and for iOS in the Apple’s iTunes store.
"VITA is experiencing overwhelming interest from individuals who would like to participate in our beta launch, so we’ve decided to leverage that enthusiasm and open up our beta testing to the public,”
stated Sean Guerrero, CEO – Vita Mobile Systems, Inc.
Vita will be hosting a public sign up on our website to recruit experienced social media users to help us finish our beta testing and continue to add content to the app. Please sign up at the following link www.vitamobilesystems.com to be notified and provided instructions on how to beta test VITA, the next evolution of social media."
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Guerrero continued, “We encourage everyone to sign up. It’s a very exciting time and our beta users will experience as pioneers, the evolution of crowdsourcing news.”
In its efforts to grow sentiment among the investment community, Vita also aims to up list to the OTCQX soon after the Vita app goes live.
VITA - A Game Changer in the Evolution of Social Media
We anticipate VITA to be the next and largest disrupter in the social media evolution and a leader in artificial intelligence and augmented reality.
Social media began with basic social websites such as Myspace and Friendster, who were ultimately dwarfed by Facebook’s revolution of the social media industry. Facebook improved the use of photos and videos in social media but still relies heavily on text posts and is a closed network of individualistic information.
Counter to Facebook’s social media model, Twitter launched with its posts limited to 140 characters of text supplemented with pictures. With less thought needed to come up with posts and a full description/caption, an increase in user engagement followed. Users’ posts, including picture-sharing, grew exponentially.
As imagery-based posting became easier, Instagram, heavily weighted towards pictures and videos supplemented with a small amount of text, took off, as the next winner in the social media evolution. While Instagram and Facebook posting has been wildly popular, users have to spend a lot of time
selecting the perfect picture to captures the true essence of the moment. This selection process takes up valuable time because users are concerned that their peers would judge them by the quality of their personal photos and posts.
This social pressure led to Snapchat which allowed the user to take short clips of video and pictures on a real time basis. Social pressures of selecting the perfect post diminished because the content disappeared after 24 hours and there was no history on the user’s social profile. However, even in this social media model there is a constraint. The content is only available to friends and doesn’t allow the public to view everyone’s post. Because of this, targeted advertising is limited because of the lack of meta-data available on this time constrained content. Snapchat is less likely to maximize ad revenue.
Enter, VITA! Vita brings the changes and adoptions necessary for the next stage in the evolution of social media. In addition to using crowdsourced content in an open network, VITA uses proprietary geolocation and artificial intelligence algorithms to geotag and catalogue all pictures, video and text content. VITA users can be anonymous, allowing for the freedom to upload, share and collaborate candidly without the social pressures and fear, sometimes associated with apps like Facebook and Instagram.
Diverting from user behavior to post only the best photo or selfies to other apps, VITA can and does use all photos, videos and text comments to create a mosaic of an event at a specific location. With VITA, users can easily share or find out more about any event around them or across the world, from the car accident around the corner, to vacation spots, to emergent events such as protests and shootings. VITA fuels a "see it and post it" culture instead of a “selfie culture”, making all pictures and videos useful in illustrating an authentic crowdsourced view of daily life.
By using all the content created by many anonymous contributors to any events, VITA users can see and engage with all content while sharing even more on their normal favorite social media sites like Facebook, Instagram, Twitter and others.
To see more about VITA please visit the Vita Mobile Systems website at www.vitamobilesystems.com.
___________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ IRVINE, CA--(November 15, 2017) - Gold Mining USA, Inc. (OTC PINK: GMUI), doing business as and soon to be renamed Vita Mobile Systems, Inc, is gearing up to release its much-anticipated crowdsourcing, geolocation app ‘VITA’.
VITA is a revolutionary mobile social app that uses crowdsourcing, geolocation and artificial intelligence technology to allow anyone to easily find and view what’s happening at any place around them or across the globe.
CBS Hit Series Wisdom of the Crowd
The concept behind VITA’s crowdsourcing, geolocation app has quickly caught the attention of the market in part due to the recent CBS hit dramatic TV series Wisdom of the Crowd, based one man’s use of technology to help solve the murder of his daughter.
VITA is at the forefront of this technology. In addition to using crowdsourced content, VITA uses proprietary geolocation and artificial intelligence algorithms to make the best use of all of any user’s pictures, video and text content. VITA hosts an
open network platform where users can be anonymous, allowing for the freedom to upload, share and collaborate without the social pressures and fear sometimes associated with apps like Facebook.
USA Today discussed SOPHE, the crowdsourcing technology in the new hit Wisdom of the Crowd, in a recent article specifically addressing ‘when an app becomes the star of a primetime tv show’. SOPHE is a fictional technology, but gives viewers
an idea of the power of crowdsourced information to create a multi-dimensional view of any one location or event – in the show’s case, it is used to solve crimes.
“Timing could not be better for VITA. Wisdom of the Crowd has demonstrated that there is a growing need for crowdsourced, location based information. The show has dramatized its use to solve crimes, but VITA can do so much more,”
stated Sean Guerrero, CEO of Vita Mobile Systems.
The Many Uses of VITA
VITA is the ideal mobile app for users to “see it and post it” and look for more information on any place or event on the map.
Example uses of VITA, to name a few:
- Up-close looks of the car accident around the corner
- First-person views of the protest downtown and video of police handing the masses
- The out of control brush fire that is inching closer to your neighborhood
- A candid sighting of a movie star at the gym
- Seeing an actual look at the construction project that shut down a freeway on-ramp
- Pictures of a lost animal found in the street
- Flash sales and daily deals posted by local store and restaurants managers
The possibilities are endless and the content is posted by everyday people, providing real life, uncensored views. Whereas users are only motivated to post the best photo or selfies to other apps, VITA can
and does use all photos, videos and text comments to create a mosaic of an event at a specific location. With VITA, users can easily share or find out more about any event around them or across the world, from the car accident around
the corner to vacation spots to emergent events such as protests and shootings. VITA fuels a "see it and post it" culture, making all pictures and videos useful in illustrating an authentic crowdsourced view of daily life.
VITA - Preparing for Launch
VITA Mobile has been prepopulating thousands of locations in the app to both test and to provide content for the first users at launch. The company is currently testing VITA’s algorithms against AWS’ deep learning-based image recognition
service Rekognition. AWS services are being used more and more across a variety of industries and have been incorporated into products at companies such as Zillow, Expedia and Netflix.
VITA uses Google Maps and either its in-app camera or the user’s mobile device camera, making the app completely user friendly and easy to use. Recognizable icons and emojis such as ‘fire’, ‘car accident’, ‘
smiley face’ or ‘sad face’ on the map quickly identify the type of event.
About VITA Mobile Systems (www.vitamobilesystems.com)
VITA Mobile Systems is an open network app company focusing on digital imaging and technology in mobile devices. Vita Mobile Systems is currently finalizing "VITA" for release on both IOS and Android. VITA is an open network
social platform that allows users to easily take unfiltered pictures and videos that organically illustrate, record, and share life's events, creating an authentic immersive crowd-sourced view of everyday life. The purpose of VITA is to
allow users to experience events, places, landmarks, and more, from the perspective of the people that are attending, or are physically there. VITA is expected to generate not only traditional revenue with picture and video page views,
but also more lucrative, hyper-local advertising as well as 2-D and 3-D augmented reality advertising.
For more information about GMUI and VITA please visit: www.vitamobilesystems.com
Cautionary Language Concerning Forward-Looking Statements:
This press release contains forward-looking statements. The words or phrases "would be," "will allow," "intends to," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "project," or similar expressions
are intended to identify "forward-looking statements." Actual results could differ materially from those projected by VITA. The public filings, if any, of GMUI may be accessed at www.otcmarkets.com. Statements made herein are as
of the date of this press release and should not be relied upon as of any subsequent date. VITA cautions readers not to place reliance on such statements. Unless otherwise required by applicable law, VITA does not undertake, and
VITA specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.
Contact Information: 2640 Main St, Irvine, CA 92614 949-864-6902 info@vitamobilesystems.com
Investor Relations: 949-864-6902 ir@vitamobilesystems.com
What is VITA
VITA is an exciting new app for iOS and Android smart mobile devices that will use public perspective to illustrate locations and current events as they unfold. VITA's focus is to integrate a simplified camera and
other streamlined tools championed by other ultra-successful apps to create the largest organic source for viewing life as it happens.
Mission
VITA has developed an array of tools that will allow users to upload exponentially more content than any other app. VITA’s easy to use camera and app based platform will collect a massive amount of big data to pursue
the advancement of Artificial Intelligence and Augmented Reality.
Our algorithms will be able to analyze the millions of pictures & videos that are being captured by on a daily basis to interpret behavior, anticipate need, and satisfy the public's growing thirst for immediate information.
VITA the app provides the platform to become a leader in the formation of Artificial Intelligence and Augmented Reality.
Why VITA is different
VITA introduces it’s easy to use camera and reorganizes the process for posting pictures & videos to a simple point, shoot, and post anything you see. VITA’s new platform unveils a social media world without the manicured profiles,
lust for popularity, and "social pressures" associated with social media today. VITA's non-traditional social media platform will be a benevolently disruptive tool for consumption of media and targeted advertising since it will result in a ton
more pictures and videos being posted.
VITA WILL...
Create Social Responsibility to contribute community driven updates like WAZE.
Fuel the addictive picture and video consuming of INSTAGRAM
Utilize the easy camera tools of SNAPCHAT to capture every facet of life, as it happens all around.
Encourage the unfiltered perspective of YIK YAK & REDDIT
Deliver easy to find map-based points of interest (events) like GAS BUDDY
Many current social media apps are introducing location-based content, but most can only be shared within the user’s closed network of friends and limits what can truly be shown. VITA introduces an open network where all
media can be shared openly, unfiltered, and with no boundaries.
VITA will use a combination of entertaining map-emojis, preselected location-based notifications of new events and updates to constantly engage our users. Mobile push notifications, text messages, and email marketing will ensure a steady flow
of traffic within the VITA app and will also build a user's habit and reliance on VITA to see what is happening around them.
As VITA cultivates hundreds of millions of downloads, the company will have the ability to use the GPS mapping to display international, national and hyper-local advertising. VITA will reach the captivated users, who are scrolling through a
multitude of pictures/videos, with sponsors and targeted advertisement. This expansive advertising model is unique to this type of app, which positions VITA as an extremely valuable and rich acquisition target for other social media and media
types of companies. VITA can generate not only traditional revenue opportunities with picture and video page views, but can also capitalize on more profitable, hyper-local advertising as well as 2-D and 3-D augmented reality advertising.
Additionally, our algorithms and interpretation of our collection of big data will become extremely valuable assets.
Social Responsibility and the VITA community
WAZE, the largest community-based traffic/navigation app, leverages its 50 million users to create a social responsibility to update the entire community in sharing traffic/road info, police sightings, and even gas prices. Updating WAZE and
benevolently providing information creates a level of gratification for its users in knowing they helped the community as a whole. This just confirms that people are inherently gratified by sharing various moments with others in an app based
community setting. We will fuel that same social responsibility for spreading knowledge/information/details with eye-witness accounts for the entire VITA community to see.
| Action Type | Effective Date | Symbol | Description |
|---|---|---|---|
| Symbol Change | 01/31/2018 | VMSI | Symbol change from GMUI to VMSI |
https://www.otcmarkets.com/stock/VMSI/overview
IRVINE, CA, Feb. 15, 2018 (GLOBE NEWSWIRE) -- Vita Mobile Systems, Inc. (OTC Pink: VMSI) announces the development of artificial intelligence technology designed to drive traffic to the
Vita app and in turn boost propagation of content on the app.
Vita has developed a proprietary artificial intelligence platform for its flagship app VITA that is specially designed to work with other social media platforms such as Facebook, Twitter and Instagram to
drive user traffic to VITA. Vita Mobile Systems expects its AI algorithms to organically and successfully market the VITA app to social media users across the US as part of the Company’s
initial launch marketing strategy to reach over 2 million users per day.
http://www.vitamobilesystems.com/
http://www.vitamobilesystems.com/index.php/about-us
http://www.vitamobilesystems.com/index.php/more/pr
http://www.vitamobilesystems.com/index.php/more/filings-disclosures
$VMSI https://www.otcmarkets.com/stock/VMSI/disclosure
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AI
