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Why aren't the doing that?
I believe I answered that question the common stock holders are all screwed. because the Note Holders, Bond holders, and preferred stock holders can put VLDI into liquidation at any time and take over the company. Then if there is anything to sell it would all go to them.
Nothing will happen, doesn’t matter. Grey is Grey.
No One has answered my question. I have to now assume no one knows the answer. Does anyone know, or can anyone explain how shareholders will benefit from the sales of the VP. If Bruce sells the product for millions upon millions of dollars and I own shares, how do I sell them? And what would I sell them for since there is no bid and ask on the Grey market?
I would love to post a comment right now, but...I better not...
Bruce, WE NEED NEWS!!!
TPP
I think he’ll be able to buy one regardless but ouch. Truth hurts
Keep shopping since you will probably not be able to buy one, sorry to say!
Fact - Anyone who has waited around for the past 15 years holding VLDI has lost 100% of their money. Everything else is nonsense. There is nothing to sell, but you can go ahead and believe the guy who has been feeding you bullshit the past 15 years.
I don't think Bruce plans to sell VLDI for Gonzos. If he does, he never mentioned it to me. I think he intends to ask for U.S. dollars, or maybe a combination of dollars and stock from the buying company. I sort of like the idea of the latter since it will give us some control over the timing and the amount of the Capital Gain. I live in a very small town and I wouldn't know where to go to convert Gonzos into dollars.
One thing is certain, you won't get any Gonzos OR dollars for the stock you already sold. Sorry.
JMHO
TPP
Nothing is coming. Every VLDI shareholder who didn’t sell for a profit and still has shares got scammed. It happens all the time with the stock market. Remember, if it talks like a duck and walks like a duck, it is a duck. No connecting the dots here.
Lol - wait for what? Your money is Gonzo
So I’m confused. Is money coming or not? I can’t keep up with your sarcasm
Would you please explain to me and the board. Thank you.
"Does anyone know, or can anyone explain how shareholders will benefit from the sales of the VP"
Yes.
Does anyone know, or can anyone explain how shareholders will benefit from the sales of the VP. If Bruce sells the product for millions upon millions of dollars and I own shares, how do I sell them? And what would I sell them for since there is no bid and ask on the Grey market?
Validian stock is NOT worthless...it is currently tradeable on the Professional Market for $0.0001. Just trying to keep things accurate while we wait.
In the meantime, I am shopping for a new 45' Class 'A' RV. I may get a nice vanity plate for it; I was thinking, maybe "VLDI" or "Thx BB".
TPP
Bruce is a con man and stole your money. There is not software and the company is worthless. Sorry
Company is worth 0 and has been for a long time. Sorry you got scammed out of your money.
Only benefit anyone will get from VLDI stock is the tax write off from 100% loss of investment.
Everything was a stock selling scam. Plain and simple.
They were a figment of Bruce's imagination.
What ever happened to Ganthet...
Does anyone know, or can anyone explain how shareholders will benefit from the sales of the VP. If Bruce sells the product for millions upon millions of dollars and I own shares, how do I sell them? And what would I sell them for since there is no bid and ask on the Grey market?
That’s what’ve been doing. Just don’t know if I’ll end up in Kansas or still be in the land of Oz
How are they going to know if he sold VP and pocketed the money.
He still has the preferred stock, note, and bond holders to report to and they have first claim on any assets.
No creditor is forcing him into bankruptcy since the company has no assets to sell to pay them off. So why would he file unless it is to his advantage to eliminate all the common stock holders and let the company go to the preferred, note, and bond holders. Maybe he is planning a reverse merger but I doubt that as well because private companies looking to go public are looking for clean shell companies and there is nothing clean about VLDI.
I wish someone would remind him that he has less than 12 million shares left in the Authorized Limit and that he has to come up with 306,000,000 to pay himself and his cronies their convertibles. I have no doubt, he has forgotten all about that.
But, I really don't think it will help since the whole company is worth less than $689.00. I wonder if he even knows that?
Someone should send him an email about that, too.
TIA
What I don't understand is why hasn't he just filed for bankruptcy and closed the doors? The only thing I can think of is that he doesn't even have enough money left to pay the attorney to file the paperwork.
TPP
My question still remains: Bruce does not have to report to the shareholders so what is to prevent him from selling VP and pocketing the money. I cannot see any scenario where the current shareholders will ever see a penny from any sale of VP. If someone knows then please explain it.
VLDI currently has a market cap of $688.29 and 688,290,000 shares of common stock outstanding out of a possible 700,000,000. If Bruce has anything worth while to the benefit of the shareholders his first steps should be to get VLDI back to a fully reporting company. Obviously that is not happening. Also do not forget there are all those convertible preferred stocks, notes and bonds to content with and not enough common stock to effect their conversion and why would anyone want to convert!
Under the current circumstances VLDI could sell VP maybe for some money and take care of some or all the debt and preferred stock with nothing going to the common stock holders.
Things just keep getting worse for VLDI, but Bruce has a plan, but I would not count on him including the common holders.
Its good to hear from you after a pause. Good to hear your views
I'm still here.
There is nothing left to say until Bruce Benn does his job. I have a thumbnail sketch of most of what he has done, and IMHO, what he has accomplished will be world-changing. But until he tells the world, anyone who believes him looks like a fool.
As far as I have been able to determine, he is very close to making announcements that will rock the cybersecurity world and put an end to all of this nonsense.
My only concern is that world events may overtake us before he puts the last pieces of his plan together, and he is absolutely determined not to tell us ANYTHING until he can tell us EVERYTHING. I think it is deranged, but it is what it is.
I have made every kind of appeal to him I know how to make. He is not listening to ANYONE. He claims he has a group of advisors, but the evidence is mounting that his only real counselor is a fool, and I cannot get him to ask someone else for advice besides the man in the mirror.
His stock is down 99.9999% and the man still arrogantly insists that his business plan is rational.
IMO, his plan will work if the world doesn't blow itself up first, but that is a gamble I would prefer he not take. He arrogantly insists that there are no world events, including WW3 that can possibly derail his plan. That degree of hubris frightens me.
TPP
Believe what? Bruce does not have to report anything. He could have sold VP a couple of years ago and no one would know.
I am sorry for both of you ! Just remember you can put lipstick on a pig but it is still a pig.
whats up with The Penny Preacher, I stil belive and I'm sure he does also
I did not reply to your question only because I believe Bruce has nothing to sell otherwise he would have signed a number of clients out of that 20+ pipeline of qualified potential clients from years ago.
I just feel sad for all those that hung onto his smoke and mirrors words and still believe VP has the potential to be a billion dollar product.
Simply put there is probably nothing to sell. The convertible preferred A shares get twice there money back in a liquidation and probably now have the ability to take over the company even if there is something to sell and the common stockholders get screwed.
Hi Surwin. That's true but my question was if Bruce sold, or sells, VP will the shareholders ever know??? Seems to me, since he does not have to report, that he could sell VP, pocket the money, let the company stay as is and no one would ever know.
Most people have stopped believing all the lies;
It has been over five years ago since the Ganthet deal announcement and nothing to show for it to this day
OTTAWA, Ontario, November 16, 2016 /PRNewswire/ --
"In today's mobile marketplace, most mobile messaging platforms have core common features with little real differentiation and marginal security. Even with encryption, there are significant gaps in security and privacy. Validian has provided Ganthet with significant competitive and time-to-market advantages and we are positioned to quickly develop apps with robust cyber security and a rich set of differentiated True Privacy™ focused features", stated Robert Nadon, President of Ganthet Mobile Corporation. "We look forward to unveiling our Ganthet Mobile messaging app as we launch to our marketplace."
Ottawa, May 19, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Validian Corporation (OTC: VLDI; “Validian” or the “Company”), a leading innovator in cyber security technology, today announced that it has incurred unforeseen delays in filing its Form 10K for 2019 due to COVID-19. Validian is working diligently to complete and file its Form 10K for 2019 as soon as possible and upon filing will be fully compliant again. Upon filing its Form 10K, Validian will then proceed to complete and file its Form 10Q for Q1 2020 as soon as possible thereafter
Does this mean if Bruce sold VP for millions of dollars that shareholders would never know?
Does VLDI have a BOD?
Naw, this is just a going dark practice, which Relieves them of the responsibility and requirements to file. Which they are allowed to do since they have under 300 peeps holding the stock currently. Actually gives them a lot of breathing room now. Course any board of director and trading at this point would come under scrutiny...
I guess you can still sell the stock at .0001. There was 130,000 shares trade that showed up on Etrade yesterday.
I believe all this means is that under certain conditions like having less than 300 holders of the stock VLDI ( 232 holders) will no longer be required to report. I wonder what it will take for VLDI to be totally delisted.
The classes of securities eligible for the suspension provided in paragraph (a) of this section are:
(1) Any class of securities, other than any class of asset-backed securities, held of record by:
(i) Fewer than 300 persons, or in the case of a bank; a savings and loan holding company, as such term is defined in section 10 of the Home Owners' Loan Act (12 U.S.C. 1461); or a bank holding company, as such term is defined in section 2 of the Bank Holding Company Act of 1956 (12 U.S.C. 1841), 1,200 persons; or
(ii) Fewer than 500 persons, where the total assets of the issuer have not exceeded $10 million on the last day of each of the issuer's three most recent fiscal years; and
(2) Any class or securities deregistered pursuant to section 12(d) of the Act if such class would not thereupon be deemed registered under section 12(g) of the Act or the rules thereunder.
Termination of Registration of a Class of Security Under Section 12(g) (15-12g)
11:52 : Tuesday 22 February 2022
https://mail.yahoo.com/d/folders/1/messages/AOBGRO1dFoIKYhUUuwes2DG-Vek
The SEC is understaffed and these sub penny stocks are on the bottom of their priority list.
The SEC FINALLY noticed that VLDI has not published its annual or quarterly reports for two years. Another example of the efficiency of the SEC. They should have been reading the I-Hub. LOL
TPP
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