Vita Mobile Systems Inc (VMSI)

[Looking for Doubles]

that doesn't just mean much - only that some financial person didn't think we were getting diluted by an extreme amount. How was that "defined"?

Example: Did they agree to sell another 40 million shares for $2 mil?
Did they sell 80 million shares for $! mil ? 200 Million shares for $500,000 ? We don't know how bad it is.

Only that "someone" who gave us some money based on a higher evaluation. Any time there is a lack of detail, you have to wonder why.

Logically questions now are: was it someone outside the company, someone inside the company, etc.. Each has a different impact. (ie If inside the company, that may mean someone "outside" the company couldn't be found. If someone "inside" the company, how how money was given in return for how much stock.

Bottom line - still leaves a lot of questions, when you consider that there still appears to be a cease trading order in effect for Canada.