Live555 compile for iOS build error

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I'm trying to build MobileVLC on OS X Lion, against iOS SDK 5.0. So far, no dice. Followed the given instructions, however, build stops and fails here: [info] Building contrib for iOS in '/Users/shamil/Documents/MobileVLC/ImportedSources/vlc/contrib-builddir-ios-i686-apple-darwin10 Current log: ./buildMobileVLC.sh -s [info] Preparing build dirs [info] Building [info] Building vlc [info] Building libvlc for the iOS [info] Using i386 with SDK version 4.2 [info] Building contrib for iOS in '/Users/shamil/Documents/MobileVLC/ImportedSources/vlc/contrib-builddir-ios-i686-apple-darwin10' The error is given as follows: make[1]: *** [.ffmpeg] Error 1 make: *** [using-src] Error 2 /ImportedSources/vlc/contrib-builddir-ios-arm-apple-darwin10/build-src/ffmpeg/config.log tells me: ld: warning: directory not found for option 'L/Users/shamil/Documents/MobileVLC/ImportedSources/vlc/contrib-ios-arm-apple-darwin10/lib' ld: warning: directory not found for option '-L/Users/shamil/Documents/MobileVLC/ImportedSources/vlc/contrib-ios-arm-apple-darwin10/lib' **ld: in /usr/lib/system/libcache.dylib, missing required architecture armv7 in file for architecture armv7** collect2: ld returned 1 exit status C compiler test failed. I've bolded the one which I think is causing it to fail. Now - how do I fix THIS error?

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Add "-L$(SDKROOT)/usr/lib/system" to LDFLAGS variable.

Where SDKROOT is the directory that points to the latest iOS.

e.g: /Developer/Platforms/iPhoneOS.platform/Developer/SDKs/iPhoneOS5.0.sdk