Vita Mobile Systems Announces Investment Agreement With Tangiers Global
Irvine, CA - (NewMediaWire) - September 16, 2020 - Vita Mobile Systems, Inc. (OTC PINK: VMSI), a technology company specializing in big data via digital imaging on mobile devices, today announced an investment agreement with Tangiers Global, LLC. Tangiers is a San Diego-based financial firm that provides working and expansion funding to small and microcap public companies and has been a VMSI partner since 2018.
In anticipation of the Company’s audit completion, Tangiers and VMSI have executed an agreement for additional funding to ensure enough resources for all audit fees and filing expenses as VMSI looks to move forward post-audit.
“We are thankful for all the trust and support that Tangiers has shown our organization over the past two years. We are excited about our company future, as well as the previously announced acquisition candidate, and look forward to getting past the audit. While the audit process has taken longer than planned, it was an essential foundational stepping stone. Our team, and potential new additions to the team, all share a very optimistic and excited perspective for our path moving forward,” stated Sean Guerrero, CEO of Vita Mobile Systems.
To learn more about VITA please visit the Vita Mobile Systems website at.
About Vita Mobile Systems, Inc. ()
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.
About Tangiers Global, LLC ()
Founded in 2006, Tangiers provides working and expansion funding to small and microcap public companies through a variety of investment structures, including the new Fixed Funding Commitment™.
“Tangiers manages its own private capital. We are not brokers or finders, which allows us to make quick and creative decisions by deploying our own personal investment funds on an accelerated timeline. We pride ourselves on building long term relationships with our client companies to ensure that they have the resources necessary to propel their growth year after year.”
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 . 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.
Vita Mobile Systems, Inc.
2640 Main St.
Irvine, CA 92614