Validian Corp (fka VLDI)

[The Penny Preacher]

Golly, does that mean there really isn't an update?

For a second there I thought I was rich.

Does that mean I have to take back my Buckle Up post?

Darn it. I thought for sure we were about to go to da moon.

Guess not, cuz I read it on the I-Hub.

TPP

[shapeman]

Hahaha!!!!

[VLDI Is DEAD]

UPDATE: Latest News on Validian

WAIT....... 😂

[VLDI Is DEAD]

Was not looking for any reply from you, that's for sure..!!
At least the refresh button works unlike unlike any employees at Validian...

[The Penny Preacher]

The irony of all this is that every member of this forum could have gained access to most of what I know by sending ONE EMAIL.

NOT A SINGLE PERSON ON THIS FORUM TOOK ME UP ON THAT OFFER. NOT ONE, including all of those who claim they know everything they need to know about how Validian has failed and Bruce Benn has lied, but actually know nothing.

DUE DILIGENCE AT ITS BEST.

It is hard to feel sorry for anyone who won't even send one lousy email to learn all they need to know about this investment.

BTW, the email offer is no longer available.

TPP

BUCKLE UP!

[The Penny Preacher]

Gee, has a month gone by already?

Time sure flies when you are having so much fun.

TPP

[Surwin]

Still no answers to my the questions and I bet if you asked your members they would release you from your self imposed NDA . There nothing to be gained or lost at this point with the stock on the grey markets in either forum. Actually your members should want more investor to be positive than negative about VLDI. Once again common sense.. BTW I could care less about what your DD shows since the market place says something completely different and contrary! But wait soon!

[The Penny Preacher]

I made the mistake 4-5 years ago of assuming that I had a responsibility to the members of the PF and this forum to disclose some of the content of my private conversations with Bruce Benn. That was a mistake.

In the first place, it was a betrayal of Bruce's confidence in me that I have lived to regret dearly. That is a bridge that apparently cannot be repaired.

In the second place, because I edited all of the disclosures, the information was really only a rehash of information that was already public. Therefore, it served no useful purpose.

And in the end, I only had a small percentage of the information that was needed to truly know what Bruce was doing. And even though I now have multiples of that knowledge, I have no doubt I still do not know even a simple majority of his plan.

But, everything I know has now been confirmed by unimpeachable sources, including THIRD-PARTY public disclosures and websites that even at this very moment are real, yet completely unknown by members of this forum,

I have no doubt that Bruce Benn will "soon" [weeks and months at the latest, but not years] disclose to the world everything he has accomplished.

And it will rock the cybersecurity world to its foundations.

So, BUCKLE UP, and hold on tight!

Cuz this stock is about to go to da moon.

JMHO

TPP

[The Penny Preacher]

As you know, I have an obligation under the PF NDA I have with my own members not to share ANY due diligence about any of the stocks we discuss with anyone who is not a PF member or source.

That has prevented me from discussing any NEW DD with this forum until someone here discloses the information.

And even then, it is certainly not my right or responsibility to disclose things here that Bruce Benn has chosen to withhold from the public.

TPP

[Surwin]

Now that is so funny because you are a part of this forum. So you are saying we shouldn't listen to your DD as well. BTW listening to this forum's pros and cons couldn't have cost you anything because nothing has happen yet to make you millions. The common sense is knowing how the market place works and when someone like Bruce is pulling the wool over your eyes. Once again no answer on what soon is and whether its 1 year or 5 year wait from here. Also no answer on why wouldn't Bruce want investors to know there is substantial revenue and why wouldn't Bruce want investor to be able to buy and sell the stock openly in the market and why wouldn't he post a list of revenue producing clients on the website with their incredible reviews of the product. The common sense and logic tells a different story. I will now crawl back under my rock for another month but I do not expect anything will have changed by then and " soon" will continue to be your mantra. .

[The Penny Preacher]

I prefer common sense too, that is why I refused to get my DD from this forum.

I am glad I didn't. It would have cost me tens of $millions.

TPP

[Surwin]

I never called anyone a fool other than listening to Bruce, .and I again ask you what is soon, another year or 5 years because you have been saying soon now for close to 10 years. I guess it will take that long for the lawyers to make their changes to the contract. That is if you really believe someone is willing to buy VLDI without a market proven product

I have no regrets if I am wrong and I wish everyone the best outcome that are still in the stock because I will take common sense and logic every time over a pipe dream.

[The Penny Preacher]

Buckle up, surwin. The nightmare will soon be over.

And then you can start telling us all that you were the only one who played this stock correctly, and the rest of us were all fools.

No doubt, you will insist that the profits you made elsewhere justify your decision to sell and move on, because everyone knows that "The only reason to let a company go dark is because it can not afford not to."

Of course, we will be fools with tens of millions of dollars in our accounts, but you will insist that we were all fools nonetheless.

Well, Sir, I look forward to being a rich fool.

But, thanks for your concern. It warms me to know that you care so much.

TPP

[Surwin]

Bruce let the company go dark so he would not have to report what was going on.

Come on Willy do you really believe that? Why wouldn't he want investors to know there are tens of million of dollars of revenue. Why wouldn't he want people to be able to buy and sell the stock? . Why wouldn't he post on the web site a list of customers. while other cyber security companies do so.? Please do not give me that the customers do not want there names known for security . It was a long time ago that Bruce told me that the customers were signed during trial under NDAs, but as soon as they signed contracts they would publish their names and their reviews. I can't believe that for every negative about VLDI people actually see a positive as a Bruce strategy. The only reason to let a company go dark is because it can not afford not to. Sorry for this more than once a month post but I couldn't resist. Just use common sense and logic and put an end to this nightmare.

[The Penny Preacher]

I wish I knew more.

Like yours, my information has its limits, unfortunately.

TPP

[Willy]

And how do we know that there is not "Sales driven Revenue" Bruce let the company go dark so he would not have to report what was going on. There could be 10's of millions of dollars of revenue and only Bruce and a few of his largest investors and friends know about it. As I understand it we is all gonna be rich. Richard knows what's going on.

[The Penny Preacher]

I would give you an update without sarcasm, but since there is no info, it hardly seems worth the effort.

BTW, if you need refreshing, try the refresh button at the top of your web browser. It is usually an icon that looks like a circular arrow.

You, know, an arrow that is chasing its tail, like Validian updates usually do.

Hope that was refreshing.

TPP

[VLDI Is DEAD]

And who would that "somebody" be? The million dollar question..!!!
Somebody to give us real updated info, without the sarcasm, how refreshing would that be....
But there is no info, because, there is no info...

[ChangingChannels]

Willy, you need to talk to someone who knows what's going on. There will be no buyout without sales driven revenue.

[KingGolem27]

I have tried to look up and like everyone said Due Diligence and the only thing I can find even about Rafael Gorgal is he was owner of G-C partners llc and it’s has been closed down. The only thing I saw was an article back in 2017. I would love to believe in VLDI and the future, but it is difficult to keep the optimism for so long. Still keeping my fingers crossed because that’s all we can really do at the moment.

[VLDI Is DEAD]

His last words on the subject were, "Validian is DEAD"

[Surwin]

Back at you and what is priceless is you still believe! Back to my rock.for another month.

[The Penny Preacher]

You know me well enough to know that I have information you know nothing about.

Buckle Up, Sparky!!!

TPP

BTW, your Betamax example was priceless. Thanks for the laugh.

[Surwin]

Read more carefully I specifically stated Rafael Gorgal has not stated anything publicly!!!! like in another press release.

BTW it does not matter what he says if no one is willing to pay to use the product after 7 years.. I can't believe you do not understand that very simple point. Maybe an example would help.. In the days of recording TV shows and movies there was VHS and there was Betamax. Technically Betamax was far superior but VHS did a significant better job of marketing and getting usage as a result and VHS won out. Granted VHS also died out after they introduced cd disc. The point is without revenue producing usage the product has no market value.

[The Penny Preacher]

You want to know what is REALLY funny, you actually think that Rafael Gorgal's email from seven years ago was the last time anyone has spoken to him, and was the last time HE said anything about Validian. That is TRULY FUNNY.

News flash, Sparky. If you want to know what Rafael Gorgal REALLY thinks about Valiidian's products you might consider looking as something besides you Seven-year-old pseudo Due Diligence.

I can assure you, Sir, that was NOT his last word on the subject.

But, I think you know that.

TPP

[Surwin]

The past and the present is all we have to go by. The future at this point is just a pipe dream for many. Curious you did not answer my question. I guess that means no matter what the past and present says., you are a diehard to the bitter end even if that is 5+ years from now!

Funny that Rafael Gorgal first and only post about VP publicly was almost seven years ago. and since then nothing. An overview of Rafael Gorgal shows that he has been associated with nine companies, according to public records. The companies were formed over a fourteen year period with the most recent being incorporated five years ago in April of 2019. Six of the companies are still active while the remaining three are now listed as inactive. BTW G_C partners is no longer an active company ( the company he was with when he made the recommendation.) just for information. . So far Rafael is right the product is counter intuitive and radically innovative, yet he indicated it was not a cure all. He also indicated that it would have a hard time making it to the market place which time has proven right. Like I said you can have the best product in the world and if no one is willing to pay for it, it has no market value. .

[The Penny Preacher]

Another brilliant post packed full of valuable current information.

Exactly what we have grown to expect from your years of astute observations of Validian's potential.

My one wish is that you could somehow let Rafael Gorgal know that VP is trash so he could protect his reputation from the inevitable embarrassment when the world finally discovers that you have been right all along and Bruce Benn has been lying.

There is no doubt about it, VALIDIAN IS A SCAM!!!

I know, because I read it on the Internet.

Thanks.

TPP

[Surwin]

After reading that post I just had to respond. The only thing that matters in the whole scheme of things is market acceptance and usage of the VP product. Over all the years that VLDI has existed it sold about 5-6 license agreements ( remember the Ganthet Deal ) and not one single agreement was able to put the product in revenue producing usage. Also over those years there has been numerous potential customer that tried the product ( 20+ qualified potential clients) for free in 3-4 month trials and not a single one put the product into revenue producing usage. You can have the best product in the world but if no one is willing to pay for it , it has very little valve, plain and simple. . The VP software may have some adjunct valve to another cyber security company's software due to its unique features, but by itself it appears worthless proven by the fact that no one is willing to pay for it. If some small real estate office in California is using it, that is a far cry from a real validation by a major client like a large bank or other financial institution where cyber security has to be top priority. and top notch!

I only have one question and that is at what point do you stop believing and throw in the towel, one year from now or 5+ years from now?

Have a great day!

[shapeman]

You sure are passionate about this so I definitely can appreciate that.

There’s no one else on this forum who gets into such depth as you.

Maybe you’re right but maybe you’re wrong.

To the average person such as myself, it’s been very discouraging. I certainly want VLDI to succeed since I am holding on to a lot of shares. I, like many here, were very excited to get involved but one has to admit it’s been quiet.

I enjoy this forum and hope that we can all prosper.

Best wishes.

[The Penny Preacher]

In the first place, I AM under an NDA. It is not with Bruce Benn or Validian, it is with the 48 members of my own forum. I ban them if they violate their confidentiality agreement with me, and I refuse to violate my confidentiality with them for members of this forum. So, I am NOT going to reveal to you what I know about the company. If that upsets you or disappoints you, I can't help that.

As for 4 years ago, I foolishly tried to pressure Bruce Benn into disclosing what he was doing before he was ready to do so. It cost me dearly. Prior to that I had over 250 conversations with the man, had been privileged to help him write eight of his press releases, and probably knew more about the inner workings of Validian than any shareholder other than those who were actually on the inside. I decided that wasn't good enough. I wanted Bruce to disclose all that I knew to those on my forum and the I-Hub. He refused because such disclosure was premature. I then attempted to force his hand with my own demands. I even posted a large number of recordings of our conversations. And even though that recordings were FULLY EDITED so that I did not actually disclose a single one of Bruce's secrets, the mere fact that I had secretly recorded our conversations without his permission was enough to destroy his trust in me. My efforts to force his hand failed and I have had only had one conversation with him since then. I completely burned my bridge of communication, and I like to think, my bridge of genuine friendship with Bruce Benn with my arrogant move. I have tried unsuccessfully for four years to repair the damage, but have failed at that too.

As for the website update, it is a complete mystery to me why ANYONE would assume that a comprehensive update of the company's website THREE FULL YEARS AFTER THEY WENT DARK was somehow an indication that the company has failed. When have you ever seen a company update its website with full disclosure of MAJOR changes and advancements in its technology three years after they had failed? In what universe does that ever happen? But, instead of seeing that event as the most positive PROOF that Validian is not only alive and well, and is actually THRIVING in the dark, I am asked to believe that it is PROOF they are a scam. I find that AMAZING!!!

As for giving this forum 2 solid signs of life, I did that, and no one here took advantage of either of them. I posted my email address TWICE inviting everyone here to contact me so I could put you in contact with someone who knows even more about the company than I do. And I didn't get a single email from anyone. And now that the offer is no longer available, I am suddenly the one who is failing everyone here. TOO FUNNY!

And I confirmed for this forum the fact that Validian is STILL a SIGNIFICANT player in the RASP project. But rather than seeing that as proof that the entire cybersecurity world knows that Validian is the real deal, I am supposed to believe that it is USELESS INFORMATION that proves nothing. I can't overcome that kind of irrational conclusion. By the way, it took members of this forum at least three full years to find the RASP connection. Due Diligence at its best.

Even now, a simple Google search of ONE PERSON associated with Validian would put you on the right path, but apparently, that is too difficult.

And there have been AT LEAST three world-class cybersecurity websites that have given all of the PROOF any rational person could possibly need that Validian is not only alive and well, it is now revealing itself to be THE MOST SOPHISTICATED cybersecurity product in the world. It has recently been shown to be better than anything offered by Crowdstrike,

You asked me to give you a morsel. I have done more than that...I gave you an opportunity to be brought completely up to date with everything you could possibly need to know about the company, and I didn't hear from you, even though all it would have required is a simple email.

I was perfectly prepared to share a morsel, but I refuse to spoon-feed anyone.

TPP

[shapeman]

What I did instead is go back 4 years on this forum and read all of your posts. It’s shocking to me that you still have faith in this company and more specifically in Bruce. You were so angry and ready to sue him and/or report him to the SEC in 2020.

There is absolutely nothing new except an updated website last fall which is a joke. No press releases, no updates on the site, no communication, no new comments from Rafael, no new Google searches or any mention of VP.

He’s a one man scam. President/CEO/CFO/TREASURER/SEC. He’s everything and nothing at the same time.

You don’t have a NDA. Give us just 2 solid signs of life. And instead of responding with us doing our DD, give us a morsel.

I have no ill feelings to you or Bruce. I made an investment decision and I can live with it. I can admit it. I can face the facts. Can you? I hope you can for your sake. You need to let it go

[The Penny Preacher]

I am curious why a zero balance in my brokerage account for my Validian stock that is not tradable on a public exchange because they are on the Gray Sheets, somehow proves that all that is currently happening with the company that myself and scores of others have seen and confirmed beyond any doubt, proves that Validian has failed.

I don't know about you, but I don't actually expect my shares to show value when they cannot be traded at this time. Go figure.

And if Validian is dead, someone needs to tell Rafael Gorgal and the other Channel Partners, cuz they seem to think that the Validian products they are selling actually work, and that Validian is going to be around to pay them their commission. Boy are they in for a surprise.

And Bruce Benn REALLY needs to stop putting out updates on his company. Funny that none of them have been Validian's obituary. Wonder why?

TPP

[skidog72]

I have the ultimate DD for everyone on this forum. Go look at your brokerage account value for stock 91915P107. That's where you need to be looking for any sign of life. All this other fluff and talk by those on this forum who like to think they are in the know is really what's "TOO FUNNY". Bruce doesn't care about the shareholders which should be pretty obvious to anyone with common sense by now. His feelers aren't giving you anything...just instructed to keep dangling that carrot over your head. Whether it's this month or next month or surely by EOY....this can has been kicked to death for YEARS! Again the VALUE of your account is what's real.....it's true...just go look!

[The Penny Preacher]

I personally posted my own email address for you to contact me, but you couldn't be bothered.

So, I can't help you. And I am no longer willing to even try.

But if you want to sell your stock, I think I have someone who will gladly buy every share for a penny-per-share.

Let me know if you want him to put you out of your misery.

I would do it myself, if I hadn't already invested every cent I have in a little start-up cybersecurity company with offices in Ottawa.

TPP

[shapeman]

Oh, I did follow up and dug deep.

That’s why I wrote that post. There’s nothing. Absolutely nothing.

A sponsored website uses SEO for searches and key words such as Validian or VLDI but that’s worthless to us. It’s just to drive you to their website. It’s meant to rank their site higher on Google. The more key words you use and SEO the more likely you’ll show up on the first search page. That’s all that is.

No one’s home. And the lights are out. Lifeless

[The Penny Preacher]

There have been four posts on this forum that I know of (I posted two of them) that gave you an opportunity to find out the truth about Validian.

Had you followed up on them you would have most of the information I and my PF forum have.

You didn't, so you don't.

It is just that simple.

That is not my fault or willy's.

We have no obligation to do other people's due diligence for them.

Sorry.

TPP

[shapeman]

There is no news. There is no update.

Why do you guys keep doing this?

No one on this forum has ever presented anything solid or verifiable. What I can’t figure out is why are Willy and TPP yanking our chain all the time? Why can’t you just let it go?

I’ve heard the same stuff over and over again the past 5 years and many have heard it longer than that.

VLDI is and has been dead and I don’t believe in its resurrection.

Enjoyed all this but enough is enough.

I wish everyone well.

[The Penny Preacher]

So, your post #26243 on July 24 was really talking about an update that is called a "sale of VLDI/VP"? But, it really wasn't a sale, it was an update...

Ooooh, now I understand.

Thanks for the clarification.

TPP

BTW, the update happened.
Perhaps you need to check with your sources.

Does that mean that VLDI ISN'T dead?

Gee, I hope so.

[Willy]

I did not say buyout in my latest I said "updates" and that's what several were told...there would be VP updates by the end of July.

[KingGolem27]

I’m gonna go with September!!! It’s my birthday month and I could really use a Great birthday present!!!!

[The Penny Preacher]

You have not lost a penny.

RELAX!!!

Go buy a bigger money bag. You are going to need it.

By the way, the information you had about a July buyout was NEVER correct.

TPP

[Willy]

It's not funny to those who have lost a bundle believing in Bruce and VP.

[The Penny Preacher]

Too funny!!!

TPP

[Willy]

Yep, if we don't hear something tomorrow then VLDI and VP are dead and we were lied to by Bruce...even those that supported him with lots and lots of money. I am really PO'd. He had told some investors that VP updates would be coming in the 2nd quarter of 2024. That did not happen. Then he said by the end of July for sure. It appears now that that is not going to happen. Rest in peace VLDI

[shapeman]

It’s time to be honest with ourselves:


VLDI of Canada passed away on July 29, 2024 from a long illness. Validian Corp was a Canadian company that was originally founded in 1998 under the name Genesis Worldwide Inc. In 2007, the company was renamed Validian Corp to focus on the development of security solutions for digitization.

Validian Corp's business model was to help companies keep their digital transactions and data secure. To this end, the company was supposed to offer various security solutions. These should have included the Validian Protect platform, which should have allowed companies to encrypt their data and applications to protect them from hacker attacks. Validian also should have offered mobile security solutions and solutions for secure collaboration between companies.

Survived by a long list of loyal investors and loved ones, that were there to the bitter end. There will be no memorial service since many have been in mourning for a very long time already.

In lieu of flowers please consider donations to your favorite investment to try to make up for your loss.

[Willy]

According to several sources the news about the sale of VLDI/VP was supposed to happen in the 2nd quarter. Well that did not happen and the excuse was Lawyers needed a few more weeks. The latest then became, news will be out before the end of July. Well it's almost the end of July and no news. If we here nothing this month then you may be correct in stating VLDI is dead.

[shapeman]

VLDI RIP

[skidog72]

Better question…can anybody prove Bruce is still alive?? Or is that top secret too?

[shapeman]

I understand that and saw the documentary.

But does a Bruce still have a company and a product?

[skidog72]

I hope Bruce is going with the private sector vs government. History says if you bring a revolutionary type technology to govt. they just steal it. Look up the Inslaw company and the first ever relational database software they created (revolutionary for it's time) called Promis. There's a docuseries on Netflix about it called The Octopus Murders. DOJ signed a contract to use the Promis software and they just refused payment after a while to force Inslaw into Chapter 11 bankruptcy and just stole the source code for themselves.