Replies to post #17802 on Vita Mobile Systems Inc (VMSI)

[hellcatjr]

Take it as hearsay because I & a co-worker spoke with him on two separate occasions to ask some specifics about the status of SOCU.

First and foremost, the property in Texas was let go. The LoI had lapsed and SOCU did not renew it. When I asked about the status of this property in Texas - Ron informed me that it wasn't worth drilling on.

Secondly, last week Jim McCormick and Ron Brooks traveled to Kentucky to check on the progress of the wells at the War Creek project. He told me, without getting into specifics that at the minimum and after the wells were treated, that the wells would produce at a minimum of 50+ barrels a day. He also told me that they would begin drilling a third the same week as well.

IMO this was great news because these wells are producing NOW, which gives the company operations funds immediately and since there is no dilution (that I can see) and with no debt, we are moving into the zone of profitability.

He also told me that they had got some footage from dropping a camera down into the well - their webmaster was out of the office and was unable to upload the video for the public to view, but Ron said he really wanted to let people see what's going on. So - opportunity struck, I've got a hosting company and I offered to host the file for free, he was very excited and e-mailed the video later that night.

The video can be found here: http://www.dummy-links.com/socu/index.htm

He also informed me that his biggest priority right now is to get SOCU off the pinks, he said it is very hard to convince real investors to jump on board with it being a pinksheet. Which leads into my next piece of information. It was also mentioned that SOCU was originally intended to be a private company, but when the opportunity struck to get the shell of ILGL, he said they jumped on it.

He said without disclosing insider trading information, that a company had offered to finance SOCU. He said it is a Swiss bank, but the problem is that they want a 50% holding of SOCU. He said that their offer would automatically get us listed on the NASDAX.

Now, when Ron was asked about if he was able to remove the gag off of the T/A, he said "Yes & No." - to which he was asked, so No? And he said that he was unable to give specifics into this but that at the current moment he could not ungagg the T/A.

He was very apprehensive at first, but after we had explained to him that he could hang up at any-time if he felt uncomfortable, his attitude become far more favorable. Although after the initial questions began coming forth, he exclaimed: "Oh these are not so bad." He had a lot to say and of course it was hard to remember all of what he spoke of.

He discussed lightly the mini-plants and about the companies involved with the project, he stated that the micro-plants would be far cheaper to build in the short term then just one large plant. And it also allows him to build closer to the site of the wells.

He said the company has a lot of news to PR but that things have been so hectic that there has just not been enough time to get the stuff out.

All in all, doing some fact checking - a lot of things turned out to be true. Most of the companies people were having trouble finding, they simply were not looking in the right places. Not all businesses get registered at the SoS, some do it at their counties clerk office - which was a little harder to manage because some states are far less populated and waiting on a response is sapping ;)