Visium Technologies Inc (VISM)

[conix]

Visium Technologies: A Cutting-edge Cybersecurity And Data Analytics Provider That Is Ready To Skyrocket



Cybersecurity is one of the fastest growing sub-domains within the SaaS (software-as-a-service) space with companies like CrowdStrike (NASDAQ:CRWD) and Palo Alto Networks (NASDAQ:PANW) seeing their valuations go through the roof. As per Mordor Intelligence data, the global cybersecurity market was around $156.24 billion in 2020 and is expected to grow at a CAGR as high as 14.5% fom 2022 to 2027. The telework trend and the growing number of work-from-home employees is one of the biggest factors responsible for the growth of this market. During the course of telework, the use of personally owned devices and equipment that are not properly configured or could be infected with malware raises the risk of security breaches for businesses.

During a cyberattack, the problem for any enterprise is not a lack of information, but rather the ability to use the available information to assemble disparate pieces of security information into insights for situational awareness and determine the optimal courses of action.

Today, we will analyze a company whose virtual private cloud operating environments cater to this exact problem and deliver cybersecurity and data visualization solutions to customers – Visium Technologies, Inc. (OTCPK: VISM)

Company Overview

Visium Technologies, Inc., a cybersecurity and digital risk mitigation company, offers cybersecurity technology solutions, devices, and services to help businesses and governments protect their data. Network security, threat visualization, Internet of Things, mobile security, cloud, pinpoint threat identification, and big-data analytics and understanding at initial sight are among the company’s primary focus areas. Under the recent global telework conditions, Visium’s technology, TruContext , provides, facilitates, and boosts confidence in remote work infrastructures while enforcing and heightening cybersecurity protections. It is worth highlighting that company can quickly deploy TruContext and benefit from its capabilities remotely because it is entirely cloud-based and does not require on-premise implementation. Given the ongoing threat of cyber-attacks, TruContext’s cloud-based solutions can assist businesses in enhancing their security capabilities. It is a Fairfax, Virginia-based company that was founded in 1987.
Revenue Model

Visium can be considered as a data analytics focused company with a wide application of its offerings where cybersecurity is one of the biggest and most important applications. The company compliments existing security information and event management (SIEM) solutions, tools, and services to enterprises, such as technology partner Splunk,. Its TruContext technology helps reduce risk and apply analysis efficiencies that simplify cybersecurity. It does this by rendering data in an immediately understandable way with context, providing better and immediately actionable security outcomes, combining unique visualization, advanced cyber monitoring intelligence, data modelling, analytics, and automation. They primarily generate revenue through three methods: a virtual appliance model aimed primarily at the federal government, which charges a seat licence; a SaaS model, which charges a recurring monthly licence fee for TruContext; and professional services, which support and deliver cybersecurity solutions and services to its customers. As part of its go-to-market strategy, the company has formed integration partnerships with larger, more established technology firms. In addition, Visium has formed relationships with value-added resellers who sell to the federal government and commercial markets. Although digital risk management, cybersecurity solutions, and technology services for physical network security, the cloud, and mobility solutions are the company’s primary focus areas, they also deal with mission-critical issues where context is imperative to understand the landscape. To provide its products and services to its customers, Visium relies heavily on its cloud based technology and infrastructure. They also rely on technology distribution firms.


The MITRE Collaboration

Visium has entered into a technology license agreement with the MITRE Corporation for the commercialization of its licensed patented technology, also known as CyGraph. MITRE is a non-profit organization that advises the federal government on engineering and technical matters. CyGraph is a tool for cyber warfare analytics, visualization and knowledge management and it known to provide advanced analytics for cybersecurity situational awareness that is scalable, flexible and comprehensive. Visium is expected to benefit from bringing MITRE’s intellectual property to market and has carried out the deal through its wholly-owned subsidiary, Visium Analytics, LLC. MITRE’s decision to grant Visium exclusive rights to develop and commercialize Cygraph is a strong endorsement of the company’s ability to commercialize the technology. Security is undergoing a fundamental shift, and CyGraph provides machine learning acceleration, advanced cyber hunting, forensics, incident response, and analytics that significantly improve the enterprise’s security posture while increasing efficiencies and cost savings. With Visium’s TrueContext technology, powered by CyGraph, cybersecurity is simplified by visualizing the network security posture before and during an attack in real-time, providing the security analyst with an intuitive situational picture of the enterprise. Furthermore, the phases could range from catching compromises in real-time at the pre-attack point to high-speed root cause analysis at the breach point, as well as predicting vulnerable paths that lead to preventing breaches before they occur.

Visium Analytics, when combined with the MITRE ATT&CK framework (a curated knowledge base that tracks cyber-threat actors’ tactics and techniques throughout the attack lifecycle), is uniquely positioned to deliver immediate, intuitive and human-understandable focus of an attack radius, allowing time-constrained resources, such as cyber professionals, to zero in on the highest impact targets and priorities in real-time.

The TruContext Solution

TruContext, the company’s core offering, provides real-time automation and intuitive data understanding by allows clients to see the form of their data at first glance. By visualizing your network security posture throughout an attack, TruContext, powered by Mitre’s CyGraph, simplifies cybersecurity. The tool accomplishes its tasks by compiling disparate data and events into a comprehensive picture to aid decision-making and situational awareness and allowing for the prioritization of remediation to protect your most valuable assets by bringing together a contextualized composite view of cyber datasets.

An attack-graph model is also included in TruContext, which maps potential attack paths through a network. The tool also provides all important context for responding to attacks and protecting mission-critical assets in the event of an attack. The attack graph is a dynamically evolving map of potential attack paths through a network. This includes pulling in aggregated data of network topology, firewall rules, host configurations, vulnerabilities, and any other network attributes that may contribute to attack success. TrueContext connects the dots in a human-readable and understandable way. The majority of today’s cyber tools lack the feature of context, which is an inherent function of TruContext; a classic example of this is Splunk (NASDAQ:SPLK). Even on Splunk, a lot of data is being collected and analyzed, but connecting events to problems using traditional data mining and analysis is a herculean task without understanding context.

Through TruContext, Visium’s platform could have quickly connected the dots and provided understandable alerts for recent cyber compromises affecting the U.S. government, well-known industry vendors, and their customers. Furthermore, the forensics capability of TruContext CyGraph can be used to identify additional potential vulnerabilities and root causes, adding significant value to ongoing investigations. TruConext also leverages graph technology, which, per Gartner, by 2025 will be used in 80% of data and analytics innovations, up from 10% in 2021, facilitating rapid decision making across the enterprise.

Valuation & Final Thoughts


We can see Visium’s share price is extremely low as a result of the constant share issuances to fund the product development costs. However, this is expected to change with the expected commercialization and SaaS revenues starting off in 2022. The management is now rapidly accelerating their corporate growth strategy due to this latest funding round. This includes hiring additional sales, marketing, and software development resources to take advantage of their TruContext platform’s timing and competitive advantages. The company should be able to capitalize on the fact that TruContext reduces the risk posture and frees up human capital that would otherwise be spent manipulating and preparing data for analysis for days, weeks, or even months. Cybersecurity as a domain is having extremely high revenue multiples (ordinarily above 7x EV/ Revenue). The same can be expected for Visium as soon as the company starts showing revenues. We expect a rapidly growing top-line and profitability for Visium in 2022 and beyond resulting in an improved valuation in the coming months.

[Originstory7]

Yawn

[conix]

Visium Technologies Teams Up With Ethical AI And Video Analytics Leader IREX To Create Game-Changing Surveillance Intelligence Technology

by Kenneth Adams

April 1, 2022


Visium Technologies, Inc.

VISM-7.41%+ Free Alerts
announced that it has entered into an integration and partnership agreement with IREX AI, Inc., the premier provider of video-based solutions that empower city governments, public safety departments, transportation authorities, and service providers with an Ethical AI and Big Data platform.

Mark Lucky, CEO of Visium, commented, "We are very pleased to be partnering with IREX, the leader in the race for Ethical AI and video analytics. They have an impressive track record of success and rapid growth, and we see our TruContextTM technology providing meaningful analytic, connected data and context-focused enhancements to their current and future customers."

Calvin Yadav, IREX CEO, added "There is no denying that public safety is being driven by digital transformation and investment in smart cities. We are excited to team up IREX's SearchveillanceTM technology with Visium's groundbreaking TruContextTM. Co-joining Visium with the powerful Ethical AI engine of IREX makes the world's first Real-Time intelligence whiteboard with video and image validation technology called ELI (Ethical Layered Intelligence). ELI will change the game by shaving months from investigation(s) for Federal & local law enforcement or Military reconnaissance missions."

[Originstory7]

Lol

[Eagle1]

Revs before uplist!

[Originstory7]

Can’t up list with no revenue ;)

[LOB]

If a Rev/Spl is coming that could be difficult. My belief is those in the know will do one as part of the up listing conditions .. I would just avoid it and sell any to any strength. Buy after the R/S

[Eagle1]

Welcome back Chartmaster!

[Eagle1]

Thanks Conix, VISM Very interesting, uplist from pink to Nasdaq. Something huge must be coming very soon.

The listing of the Company's common shares on NASDAQ remains subject to the approval of that exchange and the satisfaction of all applicable listing requirements. The Company will provide updates on its progress as it moves toward this goal.

[conix]

Investor Update for Visium Technologies, Inc.

FAIRFAX, VA / March 15, 2022 / Visium Technologies, Inc, ("Visium" or the "Company") (OTC PINK: VISM) a cybersecurity company with proprietary solutions focused on global cybersecurity clarity, machine learning, and advancing predictive technology that provides real-time comprehensive visualized information on security events, issued today an update to its shareholders from its Chief Executive Officer, Mark Lucky.

To our Valued Shareholders,

The team at Visium has been hard at work to bring our world class solutions to market, and as I look ahead, I am more confident than ever about the direction of the Company. We continue to make strides with our sales, marketing, and development initiatives. Although we are still pre-revenue, our pending sales pipeline continues to grow. Visium cannot provide any assurances as to the success stemming from its current and growing sales pipeline, however we are of the strong opinion that we will continue to see increased demand in the marketplace for our TruContextTMTM products and services. We recently held a very successful webinar with Carahsoft to introduce TruContextTM and to highlight its use as an integrated enhancement to Splunk. Carahsoft is our corporate partner supporting Public Sector organizations across Federal, State and Local Government agencies and also in Education and Healthcare markets. Carahsoft is taking TruContextTM to market through their Splunk federal sales teams, as they have recognized that TruContextTM is a much-needed solution by the security market.

We recently filed a Form S-1 with the Securities and Exchange Commission, which announces our intention to uplist from the OTC Pink Sheets to the NASDAQ Capital Market. I am delighted to start the journey to list on NASDAQ. An uplisting provides access to a platform that attracts potential institutional investment, along with greater exposure and shareholder engagement capabilities. This uplist has been a strategic objective of ours and allows the Company to accelerate its business strategy, both in attracting institutional and retail investors, along with M&A opportunities.

In conjunction with this uplist, we plan to do a capital raise of $10,000,000 through H.C. Wainwright and Company, a New York-based investment bank. We are pleased to have Wainwright as partners who believe in the potential of our technology and services. This financing will immediately create significant value for the Company by strengthening the Company's balance sheet, and positioning the Company for revenue and income growth. Being listed on the Nasdaq Capital Market will dramatically increase our profile and transparency to the market, including to current and potential customers. Historically, this has resulted in improved liquidity and awareness for companies that ascend to the NASDAQ.

The listing of the Company's common shares on NASDAQ remains subject to the approval of that exchange and the satisfaction of all applicable listing requirements. The Company will provide updates on its progress as it moves toward this goal.

About Visium Technologies, Inc.

Visium Technologies, Inc. (OTCMKT:VISM) is a Florida corporation based in Fairfax, Virginia, focused on global cybersecurity clarity, machine learning, advancing technology and automating services to support enterprises in protecting their most valuable assets - their data, business applications, and IoT on their networks and in the cloud.

For more information please visit www.visiumtechnologies.com

Safe Harbor Statement: Under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements that reflect management's current views with respect to future events and performance. These forward-looking statements are based on management's beliefs and assumptions and information currently available. The words "believe," "expect," "anticipate," "intend," "estimate," "project" and similar expressions that do not relate solely to historical matters identify forward-looking statements. Investors should be cautious in relying on forward-looking statements because they are subject to a variety of risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed in any such forward-looking statements. These factors include, but are not limited to, whether the reverse stock split will be beneficial to the Company and its shareholders, any inability to meet the NYSE American continued listing standards in the future for any reason, and those other factors described in our filings with the U.S. Securities and Exchange Commission. Any responsibility to update forward-looking statements is expressly disclaimed.

Contact:

Visium Technologies, Inc.
Corporate: Mark Lucky, Chief Executive Officer
[e-mail]

Follow us on Twitter and Instagram
Twitter | Instagram

Corporate Office:
4094 Majestic Lane Suite 360
Fairfax, VA 22033
Phone: [phone]

SOURCE: Visium Technologies, Inc.

[Chartmaster]

Bought back in here the other day, thanks for the PM, I made a killing here last year and sold .04-.048, let's do it again!

[m_m007]

Dilution will cont. Back to teens soon

[Eagle1]

Nice VISM Close at .0035 This will see much higher very soon.

https://www.visiumtechnologies.com/2022/03/welcome-letter-from-the-ceo/

[tothe]

VISM charts~~~ September Bear Raid finished. Price closing over EMA(13) is a cautious buy. The primary trend or price closing over 13 week EMA(65) is be in.
* Average of 63% of your daily traded volume is shorted!! This will cause strange candles on the chart... so I am not even attempting to do TA on the big daily chart. A big white candle for a reversal candle in the bottom of this week's valley is simply unheard of.
https://marketwirenews.com/stock/vism/short/

* Indicator remedial school
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146368673
chart thread post


* Follow the VWAP for best buy and best flip.
https://school.stockcharts.com/doku.php?id=technical_indicators:vwap_intraday
https://stockcharts.com/c-sc/sc?s=VISM&p=5&yr=0&mn=0&dy=2&id=p00222049538&listNum=23&a=1100650802


https://stockcharts.com/c-sc/sc?s=VISM&p=30&yr=0&mn=0&dy=10&id=p61407423093&listNum=23&a=1120870561



* Elder Impulse chart
https://school.stockcharts.com/doku.php?id=chart_analysis:elder_impulse_system
https://stockcharts.com/h-sc/ui?s=VISM&p=D&yr=0&mn=4&dy=0&id=p55713435807&listNum=23&a=1105370694


https://stockcharts.com/h-sc/ui?s=VISM&p=D&yr=0&mn=6&dy=0&id=p18384250177&listNum=23&a=1114401432


78% shorted volume!!! ... and that was for March 10.
https://marketwirenews.com/stock/vism/short/

[SummerPlace]

Thank you excellent information. One of these days news is going to break and we are going to soar!

[Eagle1]

Demo video of $VISM True Context technology
https://www.visiumtechnologies.com/solutions/

VISM Home page
https://www.visiumtechnologies.com/

VISM .0029 https://www.otcmarkets.com/stock/VISM/news/story?e&id=2081844

Who could vet VISM more than Carahsoft and Splunk and Datadog?

Carahsoft
https://www.carahsoft.com/news/visium-partners-with-carahsoft

Splunk
https://partners.splunk.com/locator/search?q=visium

Datadog
https://www.bloomberg.com/press-releases/2021-08-18/visium-technologies-announces-integration-of-trucontext-tm-with-datadog

[Eagle1]

VISM .0029 Good Morning, one more day to contract$ Been adding down here from any scared nellies.

Thank You

Who could vet VISM more than Carahsoft and Splunk and Datadog?

Wake up folks, this is going to be fun.

Carahsoft
https://www.carahsoft.com/news/visium-partners-with-carahsoft

Splunk
https://partners.splunk.com/locator/search?q=visium

Datadog
https://www.bloomberg.com/press-releases/2021-08-18/visium-technologies-announces-integration-of-trucontext-tm-with-datadog

[Originstory7]

Vism’s diluted 99million in 2 months, Q3 must be another groaner.

[declaes]

Buying in a few millions again here at 0.003... all the way to 0.0020... let rock again soon

[m_m007]

Low 002’s coming, lmao

[amc]

Grabbing more shares before news sends this.

[Originstory7]

Lucky diluted again this year. That makes 99million more shares and it’s only March;)

[amc]

Looks ready to move back north...

[Eagle1]

Thanks Grand for taking look at VISM

https://twitter.com/i_am_dunwifit/status/1499750022640021505?s=21

[m_m007]

Nice trade! Thats what Im talking about

[declaes]

Me... haha sold at 0.006... getting ready to get back in soon.

[zhj8485]

News.

Patent Approval. Website. Check it out.

The only PATENTED Scalable Multi-Layered Graph Database Solution for Cybersecurity.

https://www.visiumtechnologies.com/

[GrandAdmiralThrawn]

So I only do one OTC stock at a time normally, but I will research $VISM and let you know what I think tomorrow. But to let everyone know this is just a phase it seems and a horrible phase at that, the MMs have control of the entire market which is quite ironic because it seems the SEC doesn’t want to do anything about it

[Originstory7]

Unsestainble pump, no news no revenue;)

[m_m007]

Who’s laughing now. Lol

[Originstory7]

Where’s your source on a contract?

[Eagle1]

Thanks Thothe, VISM on Fire here, we will see multi pennies very soon..

[declaes]

Another great day here at VISM

[Middlejerm]

Get slapping through the 58s. Lvl 2 is thin!

[tothe]

VISM 5min~~~ Looking for the 11:00 dip. Yeah, the VWAP white rabbit and the PPS flipper dance.
chart thread post

https://stockcharts.com/c-sc/sc?s=VISM&p=5&yr=0&mn=0&dy=2&id=p00222049538&listNum=23&a=1100650802

[The_Free_Nebula]

nice churn to green. Lets see how it closes today

[oopsieDD]

this aged well I see.. congrats to everyone not named me..

[NEXT]

LOOKING FOR INFO TO SEAL THE DEAL THIS REAL GROWTH. !

[tothe]

VISM charts~~~ Daily: Wide Raging Day Upside Reversal. The last two weeks the CMF indicators show massive selling pressure and the horizontal Volume By Price bar confirms this. Because of that you will not be plagued by preloading profit taking except for the normal day trader games. Welcome to the continuation pattern with strong upward bias to .009 where you will see today's buyers initiate a "Correction Step #1" with profit taking. Hopefully the first of many on the road North.
https://thepatternsite.com/WRDUR.html
https://thepatternsite.com/WhiteMarubozu.html

*Bollinger Band Squeeze on 1 & 5min charts means things will explode up or down... at any time. Use VWAP and EMA's to find "best buy" of the day. The EMA(150) & (30) represent 2.5 hours and EMA(390) & (79) represent all day on their respective charts. For our resident Day Flippers: Best buys are generally below the any of the three indicators and best dumps are above.
https://school.stockcharts.com/doku.php?id=technical_indicators:vwap_intraday
https://school.stockcharts.com/doku.php?id=trading_strategies:bollinger_band_squeeze

* Remedial Indicator school
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146368673
chart thread post

https://stockcharts.com/c-sc/sc?s=VISM&p=1&yr=0&mn=0&dy=1&id=p16026818321&listNum=23&a=1110335891


https://stockcharts.com/c-sc/sc?s=VISM&p=5&yr=0&mn=0&dy=2&id=p00222049538&listNum=23&a=1100650802



https://stockcharts.com/c-sc/sc?s=VISM&p=30&yr=0&mn=0&dy=11&id=p38278836501&listNum=23&a=1114394102



https://stockcharts.com/h-sc/ui?s=VISM&p=D&yr=0&mn=6&dy=0&id=p18384250177&listNum=23&a=1114401432

[The_Free_Nebula]

Need to stack those white candles...GLTA

[m_m007]

Lets see if she has more gas tomorrow usually they only last one day

[Acme Investments]

You had me at 39 years of experience, then you lost me!!

[The_Free_Nebula]

Nice pop

[Oger]

Not true , that have signed a major contract to be announced
In the coming days

[Originstory7]

None, just moon market on Twitter pumping it.

[Originstory7]

They’ve had pricing on SEWP for a year and no sales. Pricing is just pricing. Lol

[Eagle1]

Huge Contracts could be announced any day now. Carahsoft is pushing VISM hard.

https://twitter.com/i_am_dunwifit/status/1498332083420344323?s=20&t=z6oD898bDWa4MP6VwsRHNA

[jchords]

What’s the catalyst here?

[declaes]

Well we'll my $VISM running and my $GRST running!!! Good days are coming.

Go VISM

[zhj8485]

The pricing means they are getting ready to sell

VERY BULLISH FOR $VISM