Vita Mobile Systems Releases CEO Shareholder Letter on Acquisition Candidate and Audit Completion
VITA MOBILE SYSTEMS INC (VMSI)
US:NASDAQ Investor Relations:
vitamobilesystems.com/index.php/more/pr
Company Research
Source: GlobeNewswire
IRVINE, CA, July 21, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Vita Mobile Systems, Inc. (OTC PINK: VMSI), a technology company specializing in big data via digital imaging on mobile devices, today released a letter to shareholders from CEO Sean Guerrero on a potential acquisition candidate and its current audit status. The letter is included in its entirety below: Dear Fellow Shareholders – It’s been an unprecedented year. Like many other companies, we have had to learn to navigate the many challenges presented by the pandemic while continuing to push the company and our technology progressively forward. First, we apologize for the delay in providing an update on our audit. We understand and echo the frustrations of our shareholders concerning the completion of the audit. Our auditor did not agree with the accounting of certain transactions recorded by the previous management team. Our management worked diligently with our accounting team to make the required revisions s
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