Vita Mobile Systems Plans Uplisting to OTCQB
August 16 2018 - 6:29AM
InvestorsHub NewsWire
Irvine, CA -- August 16, 2018 -- InvestorsHub NewsWire -- Vita
Mobile Systems, Inc. (OTC PINK: VMSI), a technology company
specializing in big data via digital imaging on mobile devices,
today announced the Company's plans to uplist to the OTCQB
market.
The OTCQB is recognized by the U.S. Securities and Exchange
Commission (SEC) as an established public market and is a venture
market designed for early-stage and developing US and international
companies. To be eligible, companies must be current in their
reporting and undergo an annual verification and management
certification process. Because the OTCQB requirements significantly
increase corporate transparency, reporting standards and compliance
requirements, many broker-dealers trade stocks on the OTCQB. As a
verified market with efficient access to U.S. investors, the OTCQB
helps companies build shareholder value with a goal of enhancing
liquidity and achieving fair valuation. To learn more,
visit OTCQB.
“We believe uplisting to the OTCQB will provide our shareholders
the level of transparency we have been working to achieve, better
access to a larger and new investor base, improved liquidity and
market valuation, and increased opportunity for media and analyst
coverage,” stated Sean Guerrero, CEO of Vita Mobile Systems,
Inc. “We are currently gathering the proper
documentation for the audit so we can begin the uplisting process.
In the meantime, the Company has continued its progress this summer
in several key areas in an effort to ensure long term value for the
Company and its shareholders. Our goals include expanding the
structure of VITA the app with a focus on Ad Tech services, a
market expected to grow to $335 billion this year. Our focus also
includes establishing the foundation for VMSI as a data company
through exploring acquisitions, partnerships and licensing
opportunities. We are also currently executing contracts to expand
our Advisory Team with consultants who are leaders in their
respective technology and marketing fields.”
To learn more about VITA please visit the Vita Mobile Systems
website at www.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.
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 (PK) (USOTC:VMSI)
Historical Stock Chart
From Jan 2025 to Feb 2025
Vita Mobile Systems (PK) (USOTC:VMSI)
Historical Stock Chart
From Feb 2024 to Feb 2025