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Vita Mobile Systems (GMUI) Enters Final Phase Prior to Beta Launch of VITA
Vita Mobile Systems (GMUI) Enters Final Phase Prior to Beta Launch of VITA.
About this update from Vita Mobile Systems, Inc.
[{"type":"text","content":"\n \n \n Vita Mobile Systems (GMUI) Enters Final Phase Prior to Beta Launch of VITA\n \n \nVita Mobile Systems (GMUI) Enters Final Phase Prior to Beta Launch of VITA\n \n IRVINE, CA--(Marketwired - Oct 16, 2017) - Gold Mining USA, Inc. (OTC PINK: GMUI), doing business as and soon to be renamed Vita Mobile Systems, Inc. in conjunction with its recently acquired internet marketing and technology business, today announced that the Company is entering its final phase of development prior to its beta launch.\n Vita Mobile Systems intends to secure $2 million in its second round of funding which will be utilized on final development and marketing of its 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.\n Vita Mobile Systems recently acquired MR Processing, LLC, a business that has developed proprietary algorithms, traffic aggregation protocols and other related app and internet technologies, which have driven the Company's valuation to where it is today. Based on the early success of these algorithms and technologies in generating viral and organic growth, MR Processing, LLC raised $150K in its first angel round of private financing and an additional $550K before being acquired by GMUI. Since the close of the acquisition, GMUI has secured an additional $130K of operational funding.\n 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.\"\n Here's How VITA will work:\n \n \n ...