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Any encouraging words from TPP ? Those of us that have faith need a little
bit of good news
I pray for them and everyday for the people in the Ukraine and that someone soon takes out Putin!
Pray for the families of those murdered in Uvalde, TX.
Pray for the people of Uvalde.
Pray for the first responders.
Pray for our Nation.
TPP
Sorry but someone has to tell the truth.
You can not buy the stock and you can not sell the stock so yes it requires magic which VLDI ran out of many years ago!
I second that motion...HOW?????
Simple question. How?
I agree with TPP , its more valuable than ever!
ABSOLUTELY!
More than I have ever dared to hope for.
TPP
Of course I agree with you. Dead. Just wanted to hear the last word from TPP
Bruce does not have to report anything to the shareholders or the OTC Market and the stock is delisted. How can the common shareholders make any money?
So do you still think we are going to make money off this company?
The 12(j) filing today is simply the SEC announcing that they have delisted VLDI stock three days earlier than it would have been delisted if they had not filed the 12(j). The original filing by VLDI of the Form-15 would have resulted in an automatic delisting of the stock next Monday. The SEC simply expedited that delisting by three days. Apparently, some of the SEC regulators stopped watching NetFlix and porn sites long enough to do their job and they rushed the 12(j) decision so they could proactively delist VLDI today instead of allowing the default delisting on Monday, so they could look like they are actually earning their paychecks.
TPP
what they are saying is that no company has publicly announced they have purchased the product
Everyone knows that VLDI is a scam and VP doesn't work
He has no desire to keep the company alive and could have sold VP long ago. No one would know not even the debt holders. Bruce could have just faded into the sunset with all the money and no way to trace him.
The debt holders have a direct line to Bruce and they do not rely on Public information. Bruce has to tell them what's is going on if he wants to keep this company alive. Very simple If there is anything worth anything Bruce will do what ever necessary to keep them happy.
Your message to info@validian.com couldn't be delivered.
info wasn't found at validian.com.
But my question has never been answered. With VLDI on the Grays and Bruce not having to report anything....HOW do the debt holders know anything about what is going on.
What is very strange is that Bruce doesn't care about the common shareholders and has done absolutely nothing to bring them any value in the last 4-5 years. The product may work but it doesn't work well enough that anyone that has trialed the product is willing to pay to use the product on a ongoing basis. Just the facts!
Debt holders always have first priority and much more control of a company, since they can wipeout the common share holders and take control of the company, especially under the current circumstances. The problem with VLDI there is nothing to take control of, only spin stories.
May I suggest that these are the only email addresses that really matter...
info@validian.com
support@validian.com
And one of them is now working.
I wonder why Bruce would activate the support address if VP has no customers or prospects, and Bruce is trying to hide from the world? VERY STRANGE.
Gee, does this mean that he is actually trying to monetize VP? NAAAAAH, couldn't be that simple.
Everyone knows that VLDI is a scam and VP doesn't work. I read it on the Internet, so, it must be true.
TPP
Do the note holders, bond holders and preferred have any say over a gray sheet company who's CEO has filed so that he does not have to report anything to anyone? Lets say Bruce sells VP for 100 million. Who's to know? He does not have to report the sale anywhere. How do the bond holders, note holders and preferred know what's going on????
I got no reply either but the address is real.
Elon Musk wants end-to-end encryption for twitter DM’s. !
Sounds like a job for VP???
Absolutely correct. He could care less about VP, the stock or the company. He's sitting on 30 to 35 million in cash taken from shareholders. To bad the SEC could care less about this kind of CEO.
Simply just realize that over the years he spent about $15+ million on Research and Development and over $35M on sales and Marketing without any real sales, It is just too obvious he simply took the common shareholders for a ride and pocketed most of the sales and marketing expense.
I’ve been in this a lot less than most of you. As I posted before I’m giving it until the end of this year before I give up on this completely. I’ll hold on to a little hope until then
Just too bad the road signs and the spins stories are polar opposites!
Just too bad the road signs and the spins stories are polar opposites!
the road signs have been there all along but so have the spin stories
Do not confuse spin stories for a business plan when he has failed at every turn to make one single sale that produces on going revenue. Do not confuse silence for something is brewing since the 6 license agreements that he did sell went nowhere, including Ganthet. Do not confuse letting VLDI go grey as part of his plan when he is forced to do it by all his failures.
Just use a little logic of why have a public company if he could have done all this as a private company without common shareholders. Simply just realize that over the years he spent about $15+ million on Research and Development and over $35M on sales and Marketing without any real sales, It is just too obvious he simply took the common shareholders for a ride and pocketed most of the sales and marketing expense.
Why doesn't Bruce break the silence and put out a shareholder letter to let everyone know what happen to the 20+ qualified leads in various stages of negotiations and his plans to sell the company over that last 4 years. Once again a little logic goes a long way when you consider VP is supposed to be middleware that is easy to integrate within days or weeks with most existing cybersecurity software. So if it is so great why has everyone that tested the software for 4 months for free simply walked away from the software.
Yes the road signs have been there all along but so have the spin stories.
Do not confuse Bruce Benn's ridiculous business plan and his outrageous silence with failure. VLDI is far from dead. Being delisted to the gray market has simply given Bruce the opportunity to complete his plan in the dark. But, like all business plans, at some point what he has accomplished will have to be made public. And if he has accomplished all that I believe he has, when that happens VLDI will either be bought out, possibly for double-digit dollars, or listed on a MAJOR exchange at mid-single-digit dollars and blast off from there.
IMO, failure is not a possibility unless he messes around and waits for the stock market to crash later this year or sometime in '23, or he is foolish enough to wait until WW3 turns nuclear.
My only concern is that I believe he is arrogant enough to think he can make his plan work even in the face of those events. Such hubris is unpredictable and therefore frightening.
However all of that being said, I cannot imagine a scenario in which even Bruce Benn will unnecessarily delay the monetization of VP for even a single day.
JMHO
TPP
It was over a long time ago. I keep it on my list as a reminder.
Don't jump ship yet1 Hold for The Penny Preacher to tell us its over , Its far from over . Its soon to take off any day now . Hang on "Brother"
Should I unfollow now and say goodbye to all?
I enjoyed the exchange of opinions.
Hopefully we’ve all learned from this
Either way, by far a chicken shit move by Bruce. It’s not coming back.
I stand corrected.
I never actually read this forum on a daily basis and I overlooked those posts.
TPP
This was posted actually on February 22 when it came out by Willy, and it was discussed. .If you read it carefully you will see it only pertains to the common stock.
Copied from the actual form:
.Common Stock, $0.001 par value
(Title of each class of securities covered by this Form)
None
(Titles of all other classes of securities for which a duty to file reports under section 13(a) or 15(d) remains)
The first thing I have to say is that it is about time that someone here found that document. We have been discussing it on the PF since 2/22.
If you will take a minute to actually READ the header on that form you will see that it is used for a specific purpose.
It is used as a "notice of termination of registration under section 12(g) of the Securities Exchange Act of 1934. We were not able to find much on that purpose that could apply to VLDI. Everything we found SEEMED to suggest that one purpose of the form is to eliminate a whole classification of stock, i.e., a class of preferred stock, or possibly even all Common Stock. Of course, it would be terrible if Bruce used the form to somehow cancel all of VLDI's existing float of Common Stock.
BUT it is more specifically used to justify SUSPENSION OF DUTY TO FILE REPORTS UNDER SECTIONS 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.
This PDF document has the best information I was able to find on the subject...
Frequently Asked Questions about Suspending/Terminating Reporting Obligations
[url]https://media2.mofo.com/documents/faq-suspending-reporting-obligations.pdf
[/url][tag]https://media2.mofo.com/documents/faq-suspending-reporting-obligations.pdf[/tag]
The document seems to be saying that the act of "terminating the registration of a class of securities" is the first step required by a reporting company to suspend or terminate its obligations to file periodic SEC reports.
It DOES NOT seem to have anything to do with somehow nullifying our common stock.
It appears that this was Bruce's filing that resulted in VLDI going "gray."
I asked several sources to call Bruce Benn for his explanation. And one source is checking with an SEC attorney to see what he makes of it.
I called Bruce myself, but he did not answer. And of course, I left my usual warm fuzzy voicemail expressing my undying full support and adoration for the wonderful way he has treated his shareholders over the years. <sarcasm>
For further research, I suggest that you start with Rule 12g-4(a)(1)
and
Rule 15d-6.
TPP
Well. I guess that ends the debate. Sad but true.
What’s TPP have to say now?
https://sec.report/Document/0001052918-22-000029/#validianform15feb22-22.htm
He terminated his own company, it’s never coming back. Sad
How is 5 minutes a whole day? Also Bruce does not have a grandiose plan, he has been flying by the seat of his pants for years the only problem is that he has run out of excuses for his failures to sell the product. He failed with pc, server and POS markets and he has failed with smart phones and endpoints as well. Oh yes what a great success Ganthet deal was and the other 4-5 license agreements.
If and when, if ever VLDI makes a real sale I will turn positive, but how can anyone be positive with all the failures, over all the years, at making real sales that produce ongoing revenue?
The good news is that now that VLDI is gray, no one can hurt us. There are only two things that can happen, total failure, which is now nearly impossible, short of World War 3, and incredible success that will likely make anyone with more than 50K shares a millionaire.
Bruce has never cared one way or the other whether or not we benefitted from his efforts or lost everything.
Now thats what I am talking about "Positive Info,and Positive comments"
Thanks very much, Great to hear from you
You wouldn't believe what Bruce has done even if I told you. And since I cannot prove what I know to be true due to Bruce's ridiculous silence, there is no reason to light that fire.
The good news is that now that VLDI is gray, no one can hurt us. There are only two things that can happen, total failure, which is now nearly impossible, short of World War 3, and incredible success that will likely make anyone with more than 50K shares a millionaire.
The bad news is that until that happens, because of Bruce Benn's outrageous business plan we have no way of publicly disputing the lies and false claims of failure.
We will have to be content with the fact that those claims will vaporize with the first press release.
In the meantime, in my opinion, we will continue to be expendable in Bruce Benn's eyes. Any financial gain that comes our way should be viewed as an unintended collateral blessing. IMO, Bruce has never cared one way or the other whether or not we benefitted from his efforts or lost everything. It is now obvious that we have been a necessary part of his plan. But it is equally obvious that Bruce has never done a single thing with our financial needs in mind.
But, that will not change the outcome for those of us who manage to hold on until the end.
JMHO
TPP
Always good to hear from you. I miss your posts also. You at least keep it interesting and no matter what happens it can’t get any worse for me with this stock.
I am still here. Unfortunately, the things I know cannot be posted here.
As far as I know, everything I have ever said about VLDI's potential is still real.
Hang in there. Our day will come.
JMHO
TPP
Where did the Penny Preacher go , You are the only reason I look at this board.
It seems to be dominated by negative comments , you were positive , I looked forward to your news and comments.
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