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Re: PennyWorld post# 16640

Friday, 03/17/2017 8:00:56 PM

Friday, March 17, 2017 8:00:56 PM

Post# of 26178
I do not believe Bruce has anything of significance to PR, especially since it has now been about 7 months since VLDI had 20+ qualified potential clients in the hopper and over 2 years since version 3.1 has been released and all they have been able to sign is Ganthet, and two other small agreements with development stage companies. Since Ganthet is a shell company 2 out of a list of 21 is less than 10%. This fact and the fact that they have not been able to sign any client of consequence is most likely weighting heavy on the stock price. By the time we get the YE financials Q1 will be over and I see no signs of any real client coming on-board with ongoing revenue. It seems like history repeating itself. License agreements that are worthless, beta tests failing to excite testers to be clients, field tests and demos not producing the results that are expected from a cutting edge product. These factors simply do not support Bruce's claim of a radically innovative VP product that can do what others can't in the world of cyber security. Nothing new here just the same old same old.

Yes, Bruce may be forced to put something out just to stop the bleeding from the stock price, but I doubt it will have any lasting results. JMO

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