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Now I completely agree with that assessment! Surwin is spot-on in regards to quiet periods and news releases.
The only thing we can count on is the idea that we can't count on anything. The only thing we can safely predict is that this will continue to be unpredictable. It really is weird.
Volume is pretty energetic today. I hope that you are correct in that it could be a prognosticator for a potential news release.
Do we think that Pasternak is the one unloading all the shares or is it just speculation?
I wonder who's buying up all those shares
700000 shares?!! Who could possibly be interested in buying this crap? The stock has been in a steady free-fall for quite some time now, the financials are downright frightening, the CEO is an obvious spinmeister, and all the experts on ihub agree that this product is unsellable and is a complete POS.
How can one possibly conclude that now is the time to buy this garbage? I thought I was the only idiot out here buying this thing. I guess I'm in good company.
You have to wonder if Leonid Frinkel's daughter will continue to display confident funding for Bruce's project or if she will opt out. Maybe she already has
Yep. Dead on arrival. Not even a goodbye.. I feel like I'm in a Humphrey Bogart movie. Here's looking at you kid
So after weeks of averaging 2M in volume, we have a sudden case of Silence of the Lambs? This is downright creepy.
Massive amounts of this POS being bought up and not a single buy Below Zero Zero 7.
IT HAS TAKEN A LOT OF PEOPLE ALMOST 3 YEARS TO BRAINWASH ME INTO MY PERCEPTION ON THIS POS.
Is it going to take the year-end financials to finally bury this thing in the penny stock landfill? I need to hear from the experts. Is that what finally buries this thing? What a POS!
Big Babs! It is Monday.... Massive volume today. What in the wide wide world of sports is a going on out here!!?
I too have dug back into the archives. There's b******* everywhere. In fact, I can't remember having seen so much b*******all piled up in one place.
The T form trades are GINORMOUS! Never seen anything like it. Incredible. Looks like I picked a really bad week to stop drinking bourbon. On the Rocks. Cheers
Bruce has never once stated that his product is the Cure All or be all of cyber security. What he has stated is that his technology makes hacking a meaningless and fruitless exercise. His goal isn't to prevent all hacking. His goal is to protect data that has been hacked.
Bingo, Big Babs! I think you're on to something
Yeah, Bruce has Rafael Gorgal fooled too. He somehow was able to make Gorgal believe that the product was behaving exactly as he said it would and that the product was testing out perfectly.
Bruce is able to perform his Jedi Mind Trick on a weak-minded fool like Raphael Gorgal.
You would think that a well-respected guy like that would have a brilliant enough mind to make his own decisions and not get sucked in. Alas, he turned out to be another one of Bruce's naive dolts. He should have listened to a real expert like Russ Heal.
How will that be the end then? If you truly think that Bruce will rename his company in order to lure in a batch of new suckers, which he is truly proficient at according to nonbelievers, then how will that be the end?
For people that are critics of Bruce Benn and of Validian, there sure seems to be a lot of contradiction in logic.
I guess that Bruce Benn is destined to start a new company which will bring his company to an end. Where do people come up with this?
In contrast, if Bruce tries to pull that crap, he will find that a number of us are most formidable adversaries. If he tries to shift the attention from VLDI to Ganthet, which he supposedly has nothing to do with, he will be in for an extraordinarily rude awakening.
My message to Bruce is this: we know you're a lawyer first and foremost. But you are being watched closely. Much more than you know. If it has been your intention to deprive good hard-working people of their hard-earned dollars....
Well, since the road signs are there, it's prediction time. Will we see Financial bankruptcy and when will it happen? Remember, all of the road signs are there, so this should be fairly easy for a successful business person to figure out. You've done plenty of due diligence, now all we need is for you to put your expertise to work and let us know when this is going to happen.
Yeah, vldi is going down
Why would you want him to spin anything to Industry experts? I guess I'm a bit lost here. Are you advocating For Bruce spinning something? I always thought that spinning was a bad thing.
Seriously not being snarky here, but if I were you I wouldn't care if Bruce spun anything to Industry experts or showed up at the next RSA. With no position to be affected, it provides no benefit and no detrimental result.
If it surprises you that Bruce isn't spinning, perhaps he isn't a spinmeister after all. Just an observation
Sarcasm.....
Awesome! Eli's coming.... Is he bringing his pen? Is he going to sign a major service agreement?
Yeah, if only a cybersecurity expert would lend some kind of independent endorsement. That might lend some inkling of credibility to Bruce. It would have to be someone well respected in his field and not just some random guy that constantly leans on SAIC testing. If only we had that type of expertise in our corner. Oh well, I guess we can all dream.
We desperately need that kind of endorsement.
I find it terribly disturbing as well. These after hours form T trades must stop and they must stop now! Even more disturbing then a gaggle of single humped camels playing a game of co-ed greased one dotted twister. It's just bad for business
Actually, I'm more than happy to follow TPP into what is destined to be an investment juggernaut. Now witness the power of this fully operational space station!
I don't like the way Bruce does everything. I still think he needs to man up on the Strategic partnership press release. But I'm confident the tech is solid.
I find it counterintuitive that people think Bruce has poor leadership skills or isn't adept at the development in the tech sector since he has no cyber-security background whatsoever. And yet, somehow, he has been able to put together a team that has developed a technology that is being embraced by a globally known cyber-security expert. I think that speaks to the genius of this guy.
Well, here's my one post for the day. I care...a lot.... Really
How many aliases are you allowed to have? How many did this guy have? I was looking for it and I didn't see the guidelines in the terms of service.
Interesting. Don't we all have aliases?
It makes you wonder if Rafael has a business of his own that he's going to integrate Bruce's product with. By the way, who says he's not snatching up shares as we speak? The volume has certainly been high enough as of late.
Food for thought for those that hunger.
LOL. I like your style, Pip. Sarcasm is such a lost art.
I for one will not stand for it if that's the next progression. Adapting to blockchain technology is not an excuse for not announcing the Strategic partnership and it is not an excuse for unannounced service contracts. The days of this guy placing his investors on a never-ending ferris wheel until technology advances, only to place them on an even larger ferris wheel to spin in perpetuity are over.
Get the contract signed, start building a reputation for technical prowess, and then potentially adapt to blockchain technology. Not the reverse. No more excuses, no more put offs, and for God sake stop with the months of complete silence. You are completely demoralizing your investors.
We believe you have an effective technology. An outside Source helped us all to corroborate that. But this continued silence and a lack of communication in reference to the company's progress in the negotiation and implementation process are killing the soul of every investor that has taken a chance on this company.
Bruce, you either don't understand this or ignoring the obvious and showing a complete lack of compassion for those that support you. Get it going.
That's an understandable jump, PW. A continuous string of broken promises to go with weak financials makes for a risky proposition. If Bruce can make good on previous announcements, terrific. But I see little indication that any of that will happen. However, I do see an indication that Bruce is extremely good at wordsmanship. My favorite is "validian is now positioned to enter into ongoing agreements with large and major corporations". Guess what? So am I! Any one of us is free to enter into a contract with a major corporation. Thus, we are "positioned" to do so. That statement is meaningless until a contract is signed.
Anyone that bails out makes what appears to be a prudent judgement. Meanwhile, it's been far too long since we've heard anything and what we HAVE heard has turned out to be a permanent resident of Heartbreak Hotel. Like a one night stand, the result is dissatisfaction and emptiness. Not even a 50 dollar bill on the dresser. Lol
I know right!? All the spin and Puffery? We've got to save these people from themselves. We should continuously get the word out before even more innocent victims are wrapped up in his clutches.
Day 140 and still no announced strategic partnership. No explanation.... Nothing.
Come on, Bruce. Nobody made you make that promise. Credibility is on the line here.
If the partnership fell through, that is forgivable. What is not forgivable Is this continuous silence and lack of accountability. It's absurd. Be a man
So is that market-maker gone? It looks as though we're breaking above zero zero six.
I'll be interested to see what kind of after hours Movement we have today
I don't think you spoke too soon. You were just right until you were wrong. That sometimes happens to good people and it will continue to happen.
Who are the idiots buying all these shares after hours? Bruce sure has them fooled.
That's a crazy number of after hours shares on the move. Is that an indicator that Bruce is firing up another round of financing?
Since he has failed at every turn, doesn't it seem unusual that he continuously is able to do this kind of thing? How does he continue to get financing for a project that has obviously undergone such massive failure year after year? Makes me wonder
Is that a complaint? Is that seriously a complaint that a member of this forum continues to post the same thing continuously day after day for years on end?
Now that's hilarious!
Who's buying all this stuff on the T's? Like.....20 million or so over the last couple months.
Oh geesh! Markets have gone up and down "since the inception of time"? That's a bit overly dramatic.
I have no doubt that Bruce has the goods. The Gorgal endorsement made that clear for me. But Surwin is right in that Bruce product can't be seen as provably sellable until a documented sale is complete. Until then, this product is unsalable even if it is one of the most innovative and effective cyber products ever created.
Truth be known, if you don't know WHEN all of these good things are going to happen, then you don't know IF they are actually going to happen.
This continuous drumbeat of "all good things are happening" for over 3 continuous years is really bizarre and it's a bit short on honesty. There's no way that anyone can come to the conclusion that they are even 90% sure that good things are happening when they can't even provide any of us with a 30-day window as to when these good things are going to transpire. I just giggle when I read it.
The reason that no one is sharing with us the point they will become frustrated and start to doubt any forward momentum of this product is because nobody has been able to nail Bruce down on a specific time either. Where are we sitting? 120 days or so and still no announcement of the Strategic partnership promised to us back in August of 2016?
Anyone that truly KNOWS that good things are happening behind the scenes should be able to tell us what good thing will be announced next and even provide us with a 30-day window. If you don't have that information, then you don't really KNOW anything. Anything less than that kind of proof just indicates to me that you are repeating what has been said to you by Bruce or one of his close confidants.
I find myself in the position that anything that is said to me is nothing more than an empty promise until the promise of August 2016 is fulfilled. At that point, previous track record is all I have to make my own judgments.
Yeah, after the last 60 or 70 trades have been between.006 and .009, someone determined that .0046 was a prudent and reasonable trade. Yeah no painting going on here. None at all.
What's the over-under on the number of shares sold on after-hours trades today?
Does anyone know what the float and the shares outstanding were on December 1st of 2017?
How did you find it? TIA
I think everyone should know that Willy is correct. There is a big difference between marketable and saleable.
Gorgal indicated that the Validian Protect product is indeed marketable. What Gorgal DID NOT indicate is that the Validian Protect product is UNsalable. For those that are new to this discussion, do not let anyone draw conclusions for you.
I have drawn the conclusion that the product is definitely saleable since Gorgal says that it does exactly what Bruce says it does. This product provides dynamic data encryption during its entire life cycle. This is something that was not previously achieved in the industry.
If we conclude that that is true, we can also conclude that the product is both Innovative and relevant. Those two characteristics make it saleable.
I am restricted to one post per day, so I relinquish the floor. Lol
Surwin, I'm sincerely interested to know why you find these after-hours purchases so fascinating. That's only an average of about $3,500 per day which is insignificant according to some on this forum.
Do you think it's possible that Bruce is making these purchases? I'm not sure about the legality of something like that. If so, I wonder why.
Lol. Maybe Mark Thompson is snatching up shares in anticipation of the Apple acquisition.
Now I completely agree with that. It is bizarre. Quite honestly, Surwin, it's frustrating for long investors like myself.
With Gorgal being so insistent that the product does what he says it does, it makes me wonder why Bruce hasn't signed a few smaller deals. Deals with some smaller firms should be less time consuming to finalize.
What would happen if Bruce decided to sign a few smaller contracts? I think that he would receive buyout offers that aren't quite what he had in mind. They would be much smaller than what he is willing to accept.
However, if Bruce decided to chase larger targets, the buyout offers would be exponentially higher. I think that's what he has in mind. I think that's why he hasn't attended the RSA conferences. I also think it's a very risky strategy. In the end, it could be a complete flop or an absolute Blockbuster.
Perhaps Bruce's largest long-term investors have an acquisition number in mind that Bruce absolutely must accept. It could be as little as 1 billion or less. Signing smaller contracts might induce such an offer. I think Bruce's goal is much greater than that. I think he wants a buyout offer in double digit billions. In order to induce that kind of offer without inducing the smaller offer, he would have to chase the big fish.
Call me crazy, but if that particular theory is true, it's a stroke of absolute genius or a strategy ensuring absolute failure.
Keep in mind that I can offer no proof whatsoever that this is the case. I'm just thinking that if I were him and my goal was to develop a company worthy of a massive buyout, my main investors could hamper those efforts by insisting on accepting a buyout that was less than what I had in mind. Just a theory.