Here is the problem with VLDI, it either has a cutting edge product ready to be commercialized or it does not!
Version 3.1 has now been in release for over 21 months and at least two OEMs that field tested the product walked away. A fourth licensing agreement with a shell of a company Ganthet has been signed, but probably is going nowhere like the first three licensing agreements signed in the past. The company still does not have a real signed recurring revenue producing agreement that has any real meaning. Ten plus leads in July, and 20 + leads in total in August. All these leads have been in the hopper for at least 3-4 months and all VLDI can get is a single no name agreement, with a shell of a company ( related to Bruce) without a proven product or even a launched product.
The PRs over the last four years always sound very positive, but none of them ever result in a real signed recurring revenue agreement with a real known company with millions of endpoints already in the marketplace producing its own revenue.
These results are not the results of a cutting edge product, they are also not even the results for a mediocre product. A Cutting Edge product would have clients lining up to use it, because word of mouth would spreading so fast that VLDI's phone would be ringing off the hook. So if the issue is awareness and the product does work, even though the two OEM field tests failed in producing a contract then VLDI should be doing everything to build awareness and that would include presenting their product at the RSA Cyber security conference in February for the world to see. I will bet once again VLDI will be absence from the largest cyber security conference in the USA.
As much as many would like to believe VLDI is making process the results speak for themselves and they make it appear that nothing has changed and that history will simply repeat itself year after year.
AI
