Vita Mobile (OTC Pink: VMSI) Secures Non-Toxic Equity Funding at a $150 Million Valuation
March 08 2018 - 5:50AM
InvestorsHub NewsWire
Vita Mobile (OTC
Pink: VMSI) Secures Non-Toxic Equity Funding at a $150 Million
Valuation
Miami, FL -- March 8, 2018 -- InvestorsHub NewsWire
-- EmergingGrowth.com,
a leading independent small cap media portal with an extensive
history of providing unparalleled content for the Emerging Growth
markets and companies, reports on .
- Vita is the missing Link
between social media and current events.
- Vita is set to become the
next evolution above Waze in crowdsourcing data.
- Crowdsourcing News –
Real-time Truly Uncensored Information at your
fingertips
- New Artificial
Intelligence to drive traffic and propagate
content.
- Non-Toxic
Funding
“THE VITA APP IS A GAME CHANGER. IT’S
CROWD-SOURCED. IT’S A CONTENT GENERATION TOOL AND IT’S
ACTUALLY ALSO FUN, EASY AND FREE TO USE. IT’S A REAL WINNER”
– MARTIN WADE III – CFO Vita Mobile Systems, Interim CEO / Chairman of
Payless Shoes
VMSI may not be at these levels
much longer.
See the Full Article and Press Releases on Vita Mobile Systems
(OTC
Pink: VMSI) at EmergingGrowth.com
http://emerginggrowth.com/?s=VMSI
Vita Mobile Systems, Inc. (OTC
Pink: VMSI) just announced that it has entered into a funding
agreement to expand the content infrastructure for its highly
anticipated VITA app.
This round if funding is in the form of a non-toxic equity
investment and was completed at an approximate Company valuation of
$150 million. According to OTC Markets, the Vita’s current
valuation is about $68 million. This round of funding took
place at more than 2X its current valuation, which would put the
stock at around $.14 per share.
“With the huge anticipation by the public to our up and coming beta
launch, we are ensuring that we have the proper infrastructure and
resources in place to manage growth, widespread use, and the
capturing, storing, and categorizing of big data. In addition
to expanding VITA’s infrastructure, we are also adding the
necessary staff to manage the growth we anticipate from day one.”
Stated Sean Guerrero, CEO Vita Mobile Systems, Inc.
See the full release here.
Vita Mobile Systems, Inc. also recently announced that it 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 (NASDAQ: FB), Twitter
(NASDAQ: TWTR) 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. See the full press release here.
“AI systems analyze
popular trends across social platforms like Facebook, Twitter and
Instagram. However, our AI can also analyze the underlying
sentiment of a social media trend. Our systems can recognize
feelings like happiness or sadness and pull related crowdsourced
content and appropriate emotional messaging to reach people
searching for these trends on various other social networks,”
stated Sean Guerrero, CEO of Vita Mobile Systems, Inc.
Vita Mobile Systems (OTC
Pink: VMSI), stands to be one of the early innovators in
crowdsourcing news with artificial intelligence-powered social
media.
Here is a summary:
VITA crowdsources these newsworthy
events. Users “see it and post it.” Using VITA will
not only be about news, but will also include live looks at
all aspects of everyday life. People can easily share or
seek out anything from organic looks at points of interest,
vacation spots, or concerts and sporting events, and more
anonymously. The possibilities are endless.
Being an open network social
app, VITA will focus on locations and events as opposed to the
users themselves. VITA fills a gap in today’s top
social media apps and will supplement them by providing a
fresh spin on the way that people share and consume social
media. Today, users have to blindly search various sites such
as Twitter, Instagram and Facebook for information on a certain
event, hoping someone in their social network has some information
or happened to be there.
VITA's "see it and post it"
culture of sharing all media, good and bad, should open up the
gates for true crowdsourced updates. VITA users will be able
to view unfiltered, and real-time perspectives through the
eyes of the millions of cameras documenting real life every
day.
The app has a camera and also allows a user to take a picture and
upload straight to VITA’s platform, where it will be geographically
tagged using the google maps platform, and catalog the image. Once
uploaded, the algorithms get to work categorizing and classifying
the pictures and videos for future use. Lastly, the user
would select an emoji for the upload similar to the Waze app.
VITA content is truly uncensored. With VITA, you get the
good, the bad, and the ugly. People will share more when they
feel they are not being judged.
Chairman of the Board and
CFO for Vita Mobile Systems, Inc. (OTC
Pink: VMSI) is Martin Wade III, who is also currently the
intern CEO at Payless Shoes, a $2 billion retailer. Mr. Wade
is no stranger to technology and media companies as he currently
serves on the board of Media News Group — the second largest media
company in the U.S. serving over 60 million monthly readers.
His past positions include, board director of Readers Digest,
and Chairman and CEO of Broadcaster, Inc. (formally a top 100
webste similar to YouTube and a predecessor technology to Twitter’s
Periscope).
In 2013 Google purchased Waze for $1.15
Billion, with its approximately 50 million users equating to
approximately $23.00 per user (without consideration for the
technology).
Vita Mobile Systems (OTC Pink:
VMSI), entering the final phase prior to its beta launch, stands to
be one of the early innovators in artificial intelligence-powered
social media.
Vita Mobile Systems (OTC Pink: VMSI) intends to secure $2 million
in its second round of funding which will be utilized on final
development and marketing of is new social media mobile app
VITA. Based on the Company’s success to date, this round
should be completed near a $30 million pre-money valuation.
Sean Guerrero, CEO, stated, “We are extremely pleased with the
company’s success to date. We now intend to secure our next and
last round of funding prior to launch. We have been in
discussions with various entities and intend to secure $2 million
for final development and marketing capital in the next 60 days
based on a pre-launch, pre-money valuation of $30 million.”
“Other mobile apps and internet based social technologies such as
SnapChat and Facebook grew early valuations well into the
billions. Once ‘VITA’ launches, we anticipate our valuation
to grow as well.” Mr. Guerrero continued by stating, “Twitter
reportedly paid close to $87 million for its live-streaming app
Periscope prior to launch, and its social media talent agency Niche
(www.niche.co ). The VITA app will have an even wider appeal with
its truly open network and uncensored location-based content than
those Twitter purchases.”
Social media sites such as Facebook, Inc. (NASDAQ: FB), Instagram,
Twitter, Inc. (NYSE: TWTR), Snap, Inc. (NYSE: SNAP), Alphabet, Inc.
(NASDAQ: GOOG), and Verizon Wireless, Inc. (NYSE: VZ) have
developed revenue models generating over $100 billion dollars a
year with only the 2% of captured and shared content. With the VITA
paradigm shift in crowd sourced previously untapped content, Vita
will generate not only more traditional revenue opportunities with
picture and video page views, but also will harken in the hot new
and more profitable hyper-local online 2-D and 3-D augmented
reality advertising.
Snap, Inc. (NYSE: SNAP) recently launched the Snap Maps feature,
which allows users to share specific location-based information and
data. The app is designed to help other Snap users and friends meet
up in real life rather than only on their phones.
The new VITA app is being described as a truly open network version
of Snap
Maps that will let you go beyond just your closed
network of SnapChat followers, immediate surrounding and location.
Instead, VITA will allow users in other locations to search around
the world to see what is happening in other locations based on
other user’s pictures and videos generated in that area. While the
Snap Maps may be interesting for use among close friends, the VITA
app is about using visual content to enlighten the entire public
around the world.
VMSI may
not be at these levels much longer.
See the Full Article and Press Releases on Vita Mobile Systems (OTC
Pink: VMSI) at EmergingGrowth.com
http://emerginggrowth.com/?s=VMSI
Other Emerging
Growth News
Sky440, Inc., Inc.
Shares of Caveat Emptor company
Sky440, Inc. (OTC:
SKYF) shot up almost 100% over the past two trading
sessions. There has been no news or financial disclosure from
the company since November 2017. With an average volume of
about 20 million shares or about $6,000.00 worth of stock trading
on a daily basis, the company broke out trading about $400,000.00
worth of stock and ¾ of a billion shares since Tuesday.
Shares ended up giving back about 1/3 of its profits by the close
yesterday.
Take a look at Vita Mobile
Systems (OTC
Pink: VMSI), who just secured a non-toxic equity round of
funding at a valuation of about twice where the company currently
trades.
VizConnect, Inc.
We actually received what seemed to be a spam email yesterday on
stop sign company VizConnect, Inc. (OTC:
VIZC). It is from a company called The Wave Group,
Inc. However, every link in the email leads to a broken page,
and it contains no other information except to read “triple zero
breakout chart today”. The company has no news or filings out
since March of 2016.
OWC Pharmaceutical
Research, Corp.
OWC Pharmaceutical Research
Corp (OTCQB:
OWCP) has been on a constant slide since its run to $0.66 at
the start of the new year. Shares almost hit its 52-week low
while it bottomed to $.22 per share intraday yesterday.
Shares came back about 3% to close the day at .26.
The video link filed in its most recent 8K seems to be
the only catalyst for the recent dive.
Take a look at Vita Mobile
Systems (OTC Pink: VMSI). This company could be the biggest
disrupter in social media since Facebook (NASDAQ: FB)
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