Validian Corp (fka VLDI)

[shapeman]

Wow. It’s about time. Keep us updated. Great information and thanks for sharing

[Renee]

VLDI SEC Admin. Proceeding for severely delinquent Financials (2019):

https://www.sec.gov/litigation/admin/2022/34-94228.pdf

[Surwin]

What is Amazing is that it is going on 5 years this November since Rafael's glowing review of VP product when many thought VLDI had turn the corner and his review and Rafael 's client recommendations would bring in sales.

I keep asking why all those that tested the product throughout the years have not resulted in sales. All I get is silence. The silence along with VLDI moving onto the grey market is so deadening that most have jumped ship or are stuck now. Too many years and too many unanswered questions about sales that never materialize like the pipeline of over 20 qualified potential candidates in negotiations from August 2016:

OTTAWA, Ontario, August 16, 2016 /PRNewswire/ --

Validian Corp. (OTCQB: VLDI), a leading innovator in cyber-security technology, today issued another marketing and sales update. Over the past 30 days, the ongoing exchange of marketing and technical documentation,
discussions, meetings and demonstrations have doubled Validian's sales
pipeline. Now, Validian has scheduled the next round of discussions and
negotiations with senior decision makers of more than 20 qualified prospects, comprising large to major companies, during August, September and October
2016.

Bruce Benn, Chief Executive Officer of Validian, commented on the Company's
recent developments in marketing and sales, "We are very pleased to see the
steady increase in momentum as we continue our march towards sales, cash flow and revenue during 2016

Then more than a year later:


October 31, 2017

"We are pleased with the progress of discussions and the level of interest of each large corporation in arranging a strategic partnership with us. These discussions and negotiations are continuing into November, with the structure of a strategic partnership now ranging from licensing to exclusive rights in a particular market sector to acquisition," commented Bruce Benn, Chief Executive Officer of Validian.

[Surwin]

I occasionally go the VLDI website to see if anything has changed and I must say the site has vastly improved especially if you download the PDF files which are now dated January 2022. The puffery is great at making the product sound like a slam dunk to the novice without knowing anything about VLDI's past history. I would have to say the website paints a very attractive picture. They are missing one important ingredient and that is a credible management team with years of experience which is usually under the corporate heading to impress potential clients but since this is a shoe string one man operation I can understand why that is missing. Also missing are all those endorsement from those that tried the product. Too bad the picture is far from the reality and that is why they have eliminated all the past PR reports over the years which paint just the opposite picture of failures to succeed year after year.

One thing has always bothered me about VLDI and that has been the following statements direct from the website.

Our unique Application & Data Protection Software, ValidianProtect, is a powerful, flexible, scaleable and rapidly integrated cyber security middleware

So if VP is so great and it is middleware that will work with other security packages, and is so easy to integrate, there should not be much risk for potential clients to step up and add VP to their arsenal against cybersecurity. This is the first real big red flag, since we all know or believe from press releases over the years, that there have been many that tested the product from potential clients to potential channel partners. So why has no one other than a handful of channel partner and Ganthet that sign agreements as clients and/or channel partners, have not produced a single ongoing revenue producing client?

Validian is ideal for protecting any and every market sector, and is seeking channel partners for each of the following:

Banking, Finance, Secure Payments, Credit Cards & Credit Reporting Agencies
Insurance
Mobile Communications & Social Media
E-Commerce
E-Health
Major Internet Companies
Automotive Connectivity
Power Grids & Infrastructure
Transportation & Courier
Government & Defense

So what happened to all the past channel partners that signed agreements and why haven't they been able to make real sales over all these years? Have they all given up?

[Willy]

I agree 100%

It's obvious to anyone who is not looking at the company through rose-colored glasses that the CEO is a liar, a crook, and a complete failure. That is the only possible explanation.

[Surwin]

Funny it seems like a lot more than 9 years wasted on this stock. I am glad when I got out the majority of my holdings at .10 and .095 many years ago followed by the remainder with the Ganthet sham announcement around .035.
I still think it is amazing that Rafael's review was over 4 years ago and VLDI has nothing on its books to show for it.

Never trust a penny stock CEO since he will only tell you what he thinks you want to hear.

[The Penny Preacher]

That settles it for me. If Kamilia says VLDI hasn't had any revenues, that proves beyond any doubt they never will. I wish I had seen that email before I invested in VLDI nine years ago. It would have saved me from wasting all those years doing due diligence on the company. Who knew I was doing it the hard way? I should have just asked Kamilia for the RASP report. That would have done the job.

I will never make that mistake again. I am going to keep her email address close by just in case.

And I am going to delete the 125 recordings of my conversation with Bruce Benn immediately. They are obviously full of lies, cuz I read an email from Kamilia.

AMAZING!

TPP

[Surwin]

They only need to be transparent about what they are trying to do and why they continue to fail at it. Like I said before why not get VLDI off the greys if they really have some earth shattering news that will benefit its shareholders, so they can take advantage of it when it happens.

Smoke and mirrors that is all that I see, even when trying to find solid facts to support the possibility that VLDI may ever succeed. The only info that gave me some consideration that I might be wrong about VLDI was Rafael's product review, too bad that is now over 4 years old without a single sale!

How time flies when you are willing to hang on forever!

[Surwin]

They offered to tailor a report to my needs and I was willing to pay for it. When I stated my needs were only for all the information they had on VLDI they stated what I posted once before and it is not that difficult to understand. Also I suggested if anyone did not believe me to contact the marketing research company directly to verify their reply.

Response: Validian Corporation (VLDI) is out of the scope of our research. The report only focuses on companies with actual revenue.

Sorry for the inconvenience.

We are looking forward to your response and happy to serve your needs.

[shapeman]

To Surwin and TPP

You both manage to keep me entertained. It’s similar to watching CNN and FOX News. Such polarity displayed it shows how one can spin anything. I certainly hope TPP is right but it’s a far reach given everything I have seen and read. I previously posted that I would give VLDI until the end of this year to prove to me it’s breathing and alive. I’ll just sit back until that day comes. Keep posting!!

[The Penny Preacher]

I don't know a whole lot about this kind of thing since I have only been trading penny stocks for almost 21 years, but I have always found that the best way to determine if a company is succeeding was to first find out what they are actually trying to do. I find it interesting that with VLDI, many investors seem determined to declare them a failure even when the CEO is saying they are successfully completing his business plan. That seems strange to me.

Could it be that those who are claiming the company is failing have never actually understood what they were trying to do? NAAAAAH, couldn't be that simple. It's obvious to anyone who is not looking at the company through rose-colored glasses that the CEO is a liar, a crook, and a complete failure. That is the only possible explanation.

Yeah, that must be it.

AMAZING!

TPP

[The Penny Preacher]

I wonder why the report costs almost $5000 if they are willing to give you all the information about the report and VLDI you wanted for free? I just can't figure that out. Sure sounds strange to me. When I asked them for info about what the report says about VLDI and VP, they sent me a sample of the report with a Table of Contents and an order form that said I would have to pay them almost $5000 for the ACTUAL report. I have never actually seen one of those reports that gave away all of the information I wanted for free when they were selling the report to others for $5000.

Go figure. Guess you just got lucky and got the report for free.

AMAZING!

TPP

[Surwin]

I'll tell you what, Bruce may not be much of a CEO or cybersecurity expert, but MAN he is one amazing con artist. He needs to write a book. He makes Bernie Madoff look like an amateur.

I have to agree with your summation, and I would just like to add that I have done my research and I never believe anything Bruce says without substantial proof, due to all the lies over the years about sales that never materialize. Yes DD pays off like when one digs into his claims. For example the $5000 RASP research report that included VLDI only to find out the research firm only mentioned VLDI, but did not researched the company since they only included research on companies that actually had revenue. Bruce has been smoke and mirrors so long that even if he had something real to post in a PR, it would be very difficult to accept based on his past history. Rafael's report was the only real research into VLDI but it had a lot of caveats like not being the cure all and being counterintuitive and radically innovative to the point it may make breaking the mold of the old boys network and the norm extremely difficult. It is not about whether VP works or not, it is all about whether Bruce can make actual ongoing revenue producing sales.

Like I said before until Bruce gets VLDI off the greys it is not a place to invest and keeping a one man operation going should not be too difficult when your not spending over 3/4 of your operating budget on factious sales. So instead of fluffing up the website why not get VLDI off the grey market first and give the shareholders something to cheer about so if the website does draw and entice investors they have the opportunity to invest. I guess that just makes too much common sense.

[The Penny Preacher]

Yeah, I would never consider actually researching the CLAIMS of VLDI that they are developing an emerging technology, and when I am convinced that all of my own research confirms they have real potential, actually buying millions of shares of the company when they are selling for SUB-PENNY. I would much rather take the advice of a handful of anonymous posters on an Internet forum who by their own admission do not own one single share of the company's stock, do not trust the CEO, have not done one single minute of real due diligence in over five years, and spin every single positive thing that happens into a total negative that supports their own disbelief, and then when the company does actually monetize its technology and their share price jumps to double or triple-digit dollars, buy hundreds of shares instead of millions, and then brag about how brilliant I am.

Yeah, that's what I want to do.

But, since VLDI is a total waste of time and money, I wonder why Bruce has been working so hard on the company's website, right down to changing individual words over a period of five weeks. You would think that Bruce Benn would know by now that his technology doesn't work and they are headed for bankruptcy. I wonder why he keeps making such outrageous claims about VP. That clown actually still believes VP works. LOL Somebody needs to tell that geek to give it up.

Now that they are on the Grays, I wonder who he is scamming out of their money. He isn't selling shares, so how is he doing it?

I'll tell you what, Bruce may not be much of a CEO or cybersecurity expert, but MAN he is one amazing con artist. He needs to write a book. He makes Bernie Madoff look like an amateur.

JMHO

TPP

[Surwin]

Too bad there are no hard facts too support that dream. Stop believing the smoke and mirrors and look at the facts and reality. VLDI is on the grey markets. If Bruce was to do anything worthwhile and positive it would be to change that and become a fully reporting company again. Until that happens if ever there is no reason to buy this stock if you are not in it. If you are in it your investment is currently worthless so there is no reason to sell.

[The Penny Preacher]

There is always someone out there who gives up on one stock, a slow-moving long-term hold, and makes money on a quick-profit momo-play, while other people continue to hold the slow-moving stock because they still believe it is going to the moon. It happens every single day. And the one who sold and makes a nice quick profit looks like a genius, FOR A WHILE. And, no doubt, all of us wish it had been us, FOR A WHILE.

But, in this case, the question of the day is, did the one who sold and moved on buy back into VLDI with some of that money? IMHO, if a person had taken even $10,000 of that money and bought VLDI with it at sub-penny he could now be sitting on a portfolio that is about to be worth $20,000,000 or more. That would be REAL genius.

JMHO

TPP

[Willy]

Good job!

[DP1011]

750k to be exact. LOL

[Willy]

When do you expect to become a millionaire? I hope you are right and you do make a million bucks. A few of us made over 1/2 a million on two other pennies last year. May do that again this year. GLTY

[lovethatgreen]

Haha and here I am

I was reading the website of Veemost that has just taken over a shell

And ran across some old info Azure which made me think of this.


Capt Richie lost what I thought was friend over this pos

I always knew there was something up with this but i did get behind ot for a time as he was so adamant that the ceo wasn't a scam artist . Just a psychopath

[Surwin]

I am done with this subject because my posts can be directly verified by the research company.

[Surwin]

Once again I did not ask for anything for free. They asked me what I required and I told them. They offered to tailor the information to my specific needs. Then when I asked them for information on VLDI they specifically stated

According to your message, our analyst team has provided solutions to your requirements

.

Response: Validian Corporation (VLDI) is out of the scope of our research. The report only focuses on companies with actual revenue.

Sorry for the inconvenience.

We are looking forward to your response and happy to serve your needs.

Hard to understand why they would lie to a potential customer!!!!!! Once again if you do not believe me contact them directly, they are very friendly. DD does payoff when it comes to VDLI's smoke and mirrors.

[Surwin]

BTW Rafael answered all my questions fully in three emails and was very helpful. When I ask one question that might violate a NDA he did indicate he could not answer. I did ask why all the past tests by potential clients failed to produce real sales. He specifically stated he could not answer that question because that was before his time.

He was very helpful open and honest specially when he stated VP was not a cure all, but it was rather counterintuitive and radically innovative, but even with that he felt the product would have a very difficult time just because of that to break into the market place.

[Surwin]

LOL, I did not ask for anything free and was willing to pay. Funny when the people that wrote the report specifically denies that their research covered VLDI and specifically state they only researched companies that had revenue and when one does their own DD on each company mentioned in that PR of the report, VLDI is the only company without revenue.

Deer in the lights!

BTW if you do not believe it call them directly:

Kamilia
Senior Manager International Sales and Marketing | Global Market Monitor
Tel: [phone]
Email ID: [e-mail]
https://www.globalmarketmonitor.com/

[The Penny Preacher]

That proves it...VLDI is a scam because the people who are selling a $5000 report about RASP won't tell you anything about VLDI (that they DIDN'T write a report about) for FREE.

And the original article that listed VLDI as one of the companies that was involved in the RASP project was a lie, and they just keep publishing that article OVER AND OVER AND OVER, to trick VLDI shareholders.

Just like Rafael Gorgal's response to your requests for him to violate his NDA with VLDI and tell you all that he knew about VLDI several years ago.

No doubt about it.

Oh, my goodness...

TPP

[Surwin]

Here is their response to my request for detailed information on VLDI, which I received this morning:

Dear XXXXX,

According to your message, our analyst team has provided solutions to your requirements.

Msg: I have been following one company mentioned on your PR report for about 10 years that has been promising a fantastic solution to cyber security that has yet to deliver a single real revenue producing client. They have scores of PR talking about individuals testing the product and sales that never materialized going back more than 20 years.. Now there is rumor about something big about to happen very soon and I am very pessimistic due to their track record. . The company is VLDI

Response: Validian Corporation (VLDI) is out of the scope of our research. The report only focuses on companies with actual revenue.

Sorry for the inconvenience.

We are looking forward to your response and happy to serve your needs.

Like I said more smoke and mirrors!!!!

[The Penny Preacher]

I received that sample over a month ago, and it is a generic sample that does not have ONE SINGLE PIECE of useful information in it. It gives you the SAMPLE INDEX, and the order form lets you CUSTOMIZE your order.

The ACTUAL report costs just shy of $5,000.

INCREDIBLE!!!

TPP

[Surwin]

Yes I received a sample report that was partially redacted. They listed the companies that they analyzed in the first 124 pages but they did not give the specifics like the number of clients revenue etc, which were redacted for each company. Which of course one can do their own DD on each company to find that information. Which I did on a number of companies.

No newsflash I was very well aware of what I was getting and I went back with an additional request. if I could purchase only the information relating to VLDI, that is if they had any. Still waiting for a response. The majority of the report is about market size and potential by country.

Yes it is possible the report is more than 124 pages long and that VLDI may be mentioned later, but simple DD on the other companies listed will tell you that the majority have revenue and sales for a number of years.

My point is VLDI maybe mentioned as a potential player in the RASP market place but nothing earth shattering to get ones hope up on in comparison to the other players.

[Surwin]

The following report by Global Markets mentioned VLDI and RASP in a PR and a few thought this was big news. So for those that love due diligence I requested a copy of this report and it is really funny that the report does not even mention VLDI in the first 124 pages, but the other companies are mentioned with full analysis of each company. It appears once again smoke and mirrors.

If anyone does not believe me go and request your own copy of the report which is 124 pages long and see what you find nothing about VLDI in the first 124 pages.






https://www.multimarketinsight.com/product/global-runtime-application-self-protection-software-market-status-and-outlook-2021-2026/

[Willy]

Another 10,000 share trade shows up today even here on Ihub at .000001

[Willy]

Wasn't a quote was a trade showing up on Etrade.

[Surwin]

As a practical matter, if a company’s common stock is moved to the Expert Market, the company’s stockholders will no longer have a public trading market for their shares. Additionally, trading bid and ask prices and share trading volumes will not be publicly quoted and the trading market for the common stock would likely be illiquid and limited primarily to private purchases and sales among individual stockholders. Any transactions would be opaque to the public marketplace and would not necessarily provide the company’s stockholders with a reliable market value for their shares.

A company pushed down to the Expert Market would be able to apply for relisting on OTC Markets Group once a market maker has filed a new Form 211 with FINRA, and the company has made current public information available. This requires a company to locate a market maker to file a Form 211 on its behalf and, once the form is filed, there is no set timeframe for a re-application approval. When compliance with the amended rule is demonstrated, relisting can occur.

https://www.olshanlaw.com/blogs-Securities-Law-Blog,more-than-2-000-publicly-traded-companies

[Surwin]

BTW how do you get quotes in the grey market, from what I read quotes are not made public.

[Surwin]

I do not follow the stock price anymore since it moved to the grays. Maybe it is time for those still in the stock to average down.

[DP1011]

That’s a lot of zeros. LOL

[Willy]

Did you see that 8 cent trade today? Gray stocks can trade at .000001?

[shapeman]

Merry Xmas and happy healthy new year

[Surwin]

Merry Xmas to all and to all a New Year where Covid disappears!

[Willy]

Merry Christmas to you as well. Hope that in the next few weeks you get that dream you are waiting for.

[1967novaBill]

Merry Christmas and a Happy New Year to you as well!!

TPP

[The Penny Preacher]

Merry Christmas and a PROSPEROUS New Year to you all.

TPP

[Pip611]

Stock is finally 0. Where is lovethatgreen?

[Diamondhands45]

It’s always been a scam. I just didn’t know it

[Surwin]

Either have I, but I continue to follow the stock just looking for any material evidence that possibly their future will change. Sad to say to date I just have found the opposite.

[Diamondhands45]

Haven’t owned this stock for years now

[Surwin]

Another case of get rich news that never materialized!

[Surwin]

So what happen to this mobile and non mobile deployment of VP? Too many question have gone to Bruce unanswered!



Company Targets Release in Q3 2014

OTTAWA - Validian Corp. (OTCQB:VLDI), first-to-market with next generation cyber security technology that provides secure access of critical applications and secure access, transfer and storage of digital information on wired, wireless and mobile networks over the Internet, today is pleased to announce that it has entered into collaboration with a new channel partner to secure a series of solutions for deployment to existing customers.

Under the Channel Partner Agreement and Licensing Agreement signed in June 2014, Validian's new channel partner will be installing Validian's core technology platform, ValidianProtect, and integrating it into a number of mobile and non-mobile solutions beginning in July 2014. These solutions then will be deployed to the channel partner's existing customer base in professional and financial sectors.

"We're thrilled to collaborate with this new channel partner on the licensing and integration of ValidianProtect within a series of solutions designed for their growing customer base. With the development of these solutions, our new channel partner is projecting initial deployment to approximately 1 million end users during Q3 and Q4 2014 for non-mobile desktop applications. Following the completed migration of ValidianProtect to mobile platforms expected in Q3, the number of end users, and therefore endpoints, in Q4 2014 is anticipated to increase significantly for mobile versions of these applications as well," stated Validian President and CEO, Bruce Benn.

[Surwin]

what are you talking about?

[Surwin]

I meant to say First smart phone was invented in 1992 by IBM

[Surwin]

Let me see, 20 years ago there were PCs, POS terminals, and network servers markets for security. VLDI tried to make sales to them as well and failed too. Too bad maybe if they succeed earlier on they would have been taken seriously in the smart phone Market. So VLDI has not been working all these years just on smart phone security but evolved after years of failures in every other market to make sales. So far they have been failing in the smart phone market as well!

BTW the first cell phone was invented in 1992 by IBM and was available for sale in 1994. The Android came out in 2002 and the iPhone came out in 2007. So smart phones have been around for a long time.

Needless to say this still does not answer the question why Bruce let VLDI go dark and grey and why he has not reversed that position to the satisfaction of investors especially if some earth shattering get rich news is expect shortly.
Not holding my breath.