Vita Mobile Systems Inc (VMSI)

[Porterhouse10]

40 million shares held with North Coast Ventures, no evidence to say They are or are not Selling any of that position, they very well could be with the run up in price, don't Blame'm ,but nothing concrete yet, been a suggestion they may be looking for or a Buyout and holding their position.

VITA is seeking final round of Funding for App Launch, any debt incurred by the company at this point will be for operating and launch of App.

Also No Toxic Debt on books.