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Hmm.... Maybe I should invest in Wikipedia.
I still haven't really seen any direct quotes from Bruce regarding validian protect being the end-all and be all of cyber security. I have seen plenty of quotes claiming that the product works seamlessly in conjunction with other products.
I think I figured out why Bruce was claiming that.
The product is designed to directly protect via encryption the data instead of working as a layer to protect applications and networks. It works seamlessly with other products because other products don't touch the data like validian protect does.
The product, working seamlessly with other products, isn't really all that great event achievement from a coding and structural standpoint. It just offers a different approach and a completely different philosophy.
It's a lot like saying that transmission fluid protects in a seamless fashion with synthetic blend motor oil. Of course it does. Transmission fluid never has to mix with motor oil. Neither does validian have to mix with other layered means of protection.
All I know is that this is day 110 since the deadline for the Strategic partnership announcement without a single word on its status. I'm not letting this go and neither should any of us.
Did it materialize? Is it under an NDA? Is it Gorgal? Not a single indication from Bruce. Utterly disrespectful and flat-out irresponsible! I don't even care if it turns out that the partnership failed to materialize. Just giving the investors some indication of what happened instead of completely ignoring us seems like an option that would lend Bruce a hand in the integrity department.
Uhhh...... That's not true.
But we definitely are seeing the same bs year after year......from someone.
Yeah. Probably dilution.
I was looking at the last 60-plus days. We're averaging about 1.7 million shares per day. The stock has moved about 120m shares during that time.
I haven't seen that kind of volume over a two-month span since I've been watching this stock. Does anybody find it strange that the stock would have that much movement with a company that has $160 in the bank? Just a curiosity.
Paging dr. Thompson. Dr. Thompson, dr. Mark Thompson. You're wanted in the I hub. Lol
Millions of shares on the move. Today's trading has become the rule rather than the exception.
Millions of shares on regular trading. T form trades at .07+. Rampant speculation involving some fruit company. A willing endorsement from a renowned cybersecurity expert. All this from a penny stock company with $160 in the bank.
Concluding that there's a bunch of suckers out there continuing to pile up shares is no longer a reasonable explanation nor is it a logical conclusion. Something different is afoot. My guess is that it is no coincidence that we are nearing the Mark Thompson February 15th deadline.
Agreed. Except we don't really KNOW that the Apple thing is a pump. We just know it came out of nowhere and that it COULD BE the reason for the recent support.
Let's see if there is continued support resulting in the 1.8m daily volume we've seen over the last 60+ days.
If the drive by Apple claims turn out to be true, it will be too late for those that are speculative on vldi.
Surwin, are you a buyer or holder right now? I'd take some kind of position if you haven't already. You just never know if the Mark Thompson claims are true or not.
Just saying
Steady consistent volume. Almost mechanical.
Three scenarios:
Mark Thompson is the actual Mark Thompson that works with Apple and sees himself as an economic revolutionary that doesn't care if he gets hammered for Insider information. He simply wants to give people an opportunity to engage in Easy Money as part of his Visionary philosophy.
Mark Thompson is someone that works with apple that is trying to get the real Mark Thompson into trouble.
Or maybe Mark is some kind of drive by stock pumper attempting to kick the stock up in order to enrich himself.
Your guess is as good as mine.
Last I checked, it was still being traded. But that wasn't my question. My question is How does a company that has only $160 in the bank for the past 2 months remain in business?
I'm not speculating that it is I'm just wondering if anyone knows how that is possible.
Would make any sense to ask why this company is still in business if it has only had $160 in the bank for the past couple of months?
I'm very curious about the fact that it has been climbing lately without any "real news". We've been seeing this thing hang around the half penny Mark for quite some time. Why would it suddenly make such a sharp uptick?
I think something is going on that we may not have a full grasp of
Wow! Massive chunks on the bid.
Somebody out there is trying to grab a strong position for themselves
All good things happening behind the scenes. Good for who? That's not entirely clear.
Under a half penny. Gravitational effect on the sinking rock. No announcement of strategic partnership to act as a life vest. Sinking.... Taking on water.... The stinging sensation of saltwater filling the lungs of the long-term investors. The quickening pulse of panic washing over a drowning group with no lifeboat. Blub blub blub
I hope so. Dry powder in my hands and ready to take aim at the. 005 target.
Since I've been following this forum, it has ALWAYS been a good time to accumulate more and more shares.
At what point and under what conditions does it finally become an UNfavorable time to accumulate more shares?
Perhaps that time will finally come when Bruce finally fulfills his promise regarding the 90-day strategic partnership deadline.
I dare anyone to give a straightforward answer regarding these two questions:
Did Bruce fulfill that promise?
Who is the Strategic partnership with?
I can't put it together and I'm still waiting for an answer.
I agree with TPP on that one. When I read that, I suddenly became worried that life was passing me by faster than I thought.
However, there still hasn't been any news regarding the Strategic partnership. This leads me to conclude that perhaps Bruce is operating on an alternate calendar as well.
That being the case, one has to wonder if Bruce is able to show up for his negotiations with these large and major corporation in the pipeline he's developed. I really do worry that his inability to adhere to a standard calendar format may be hurting his ability to close a deal.
Just an independent guy with some independent thoughts. I'm cheering for Bruce and for Validian, but being a shill for him is not in my character. We need results
Day 75 past the Strategic partnership deadline and not a word. I can't wait to read the next BIG ANNOUNCEMENT.
Cool post, Surwin. Do you know anything about how that works? Do you have any idea who's protecting blockchain technology?
Actually, we now have incontrovertible proof that Bruce has what he says he has. It's his marketing plan and timing that is now in question.
.... Unless you think we should just discard the expertise of Raphael Gorgal.
Call me crazy, but I I'm inclined to believe an actual cyber security expert rather than one or two different penny stock investors.
Brilliant post, Fido! Very well explained. That's been my point for quite some time. Validian isn't in the market to prevent all hacking activity, which would make it the be all of cyber security products. It exist to make hacking a futile venture from a monetary standpoint. Why hack if you can't sell the information or make criminal use of that information?
The statement of Raphael gorgol that it has a niche and is not the be-all product is an obsolete statement. The product basically says "go ahead and hack us, because the materials you access will be completely protected and utterly worthless on the open market".
The time it has taken since the last revision of the product is fairly typical in this field. However, the time for testing is drawing to an end and it is time to start signing people up.
I remain hopeful, but I am not a cheerleader. I develop my own opinions independently without outside influence.
I totally agree that if one simply looks at the sales data, it's easy to conclude that the sales and marketing team is either non-existent or completely inept.
Really tired of hearing what a great year it's going to be for vldi year after year. It's time to put up or shut up. Look Bruce, get a contract! Get something, anything to get this stock moving. No more excuses. No more far-fetched backstories. Shareholders that are long in vldi have had it with the continuous carousel of morphing storylines and strategies. Get something done! If you can't get something done, either turn this thing over to someone that can or just admit to your shareholders that your marketing strategy is failing despite having a fantastic and Innovative product endorsed buy cyber security expert.
Get it done or get out of the way
I have to admit, that's a nice paint job. However, this company could use a few more coats of paint
I agree with regard to blockchain technology and cryptocurrencies. I've been talking with friends about the potential of data-based monetary systems for about 5 years. That's one of the reasons I decided to get into VLDI. Securing the data itself, even while in use, is absolutely critical in this arena.
I don't recall seeing a claim by Bruce that his product is the "be-all, end-all" of cyber security. I have often seen him claim that his product works seamlessly with other products. That is a strong indicator to me that his product doesn't put other products out of business. What his product does is work with traditional cyber security Platforms in order to SECURE THE DATA.
I've also seen Bruce claim on more than one occasion that his product operates under the assumption that every Network or application WILL BE HACKED! This is critical to understanding what his goal is from a product efficacy standpoint. However, some on this forum seem to be hell-bent on ignoring this critical operation point. Bruce's claims have always been centered around the idea that other cyber security systems have pretty much made themselves obsolete by continuously ignoring the real problem. Maintaining complete life cycle data security is Bruce's goal. My understanding is that he has accomplished that goal. Being able to secure the data itself even while it is being used is a philosophy that is innovative and original. It is also something thought to be impossible.
If Bruce has accomplished this, it still doesn't make it the "be-all" of cybersecurity. It simply provides the data with a dynamically morphing layer of protection that significantly inhibits or flat-out stops any vulnerabilities once incurred by that data.
One thing I don't understand is if the product will be used to prevent any Interruption of use intrusions. If the data itself is secured, does the network and any associated applications still have a vulnerable posture?
Now then. As far as Bruce himself Goes, it seems like there are some on this forum which are claiming that he is a liar based on his supposed claims that vldi is the be-all of cyber security. I would be interested in seeing the quote these assessments are based on. Before someone answers, keep in mind that Bruce could have made such a claim based on the idea that a network or application which is hacked would have no reasonable loss of value if the data itself was protected by his product. In a word, the hacker becomes obsolete himself. If he can't harvest any value from his illegal activities, then the hacker and all the traditional forms of security become obsolete.
If time were really such an overriding Factor, validian would have been dead and buried a long time ago.
Even the detractors of this stock are completely flummoxed by the idea that it continues to keep on keeping on. You'd think that people might start to conclude that there's something different about this company. But no, it's all doom and gloom, death and destruction.
Time is definitely a factor in that these major corporations move at a snail's pace on ideas that go against the grain.
With that in mind, I'm still looking for the Strategic partnership deadline to be fulfilled. The deadline came and went without the announcement of an actual partnership or a service contract which could be considered a partnership. Is the endorsement of Raphael Gorgal the fulfillment of that partnership? Bruce needs to either get a move on or announce to his shareholders that the partnership fell through. It's one or the other.
There are those of us out here that won't forget about that anticipated announcement and we are still waiting.
Surwin, thanks a ton for the post. You must have asked some very hard-hitting and pertinent questions. That's just what this board needed.
When I read how long this type of testing takes, my jaw fell open! My novice level of understanding how this kind of sausage is made certainly shows.
I also thought Rafael Gorgals answer to what the heck is taking so long was fascinating. It seems as though throwing good money after bad in these major corporations is almost a tradition across the board. It's almost like people in charge of security don't want to break with tradition, do something different, and actually solve the problem which is the security of the data itself. It was really interesting to have him describe how those attitudes are fed and watered.
That points to the idea that Validian was never meant to be a silver bullet. In fact, they're not even aiming at the same target. There will always be a need for other forms of cyber security, but they don't focus on the protection of data. They focus on the protection of networks and applications. The reason Validian is innovative is that it addresses the protection of data. Nobody else has been able to effectively adopt that philosophy.
I see somebody out there is looking to gobble up a large swath of this POS. I guess there's a sucker born every minute. Doesn't he know that any real DD would make a real investor run for the hills?
I think I might know who it is. Rofl and giggle giggle.
I wouldn't count on that happening too soon. He's probably under an NDA with the man behind the drapes.
Maybe having a Meister Brau with the spinmeister.
One thing is for sure. The recent press releases have fallen on deaf ears. Not much movement in the price. That doesn't mean they're not intended for someone else, but the market has shown no favor to this stock and it is rather discouraging.
Is using this forum as a personal message board telling each other that they have Gmail on topic? I'm pretty sure that's off topic and can be achieved by other means. I don't suppose anyone's really interested in actually following the rules anymore, so why not pull me off restriction in place yourselves on one post restrictions? Thanks in advance
Quiet period..... Shhhhh....
Hahaha! Oh goody!
Remember that when the beta testers "ran for the hills", that was an implication that the product didn't work.
Remember that when someone posted a list of the top 10 cyber security experts in the world, Rafael Gorgal was not on that list. That was an attempt to downplay or discredit the endorsement by Gorgal.
The debunked SAIC argument was meant to discredit the product and its effectiveness as well.
What about the independent third-party verification and certification of the product? Yep, you guessed it. That was also meant to discredit the effectiveness and the functionality of the product itself.
What about the 35 to 50 million dollars worth of R&D that supposedly resulted in the nothingness of the product? That argument was designed to squash the effectiveness of the product and to cast Bruce as a guy just vacationing off of other people's money.
Swift Upon Us comes the Day of Reckoning. Now witness the destructive power of this fully operational Space Station!
Data protection versus Network and application hacking prevention has been a tough sell from a conceptual standpoint. It's never been tried. The Equifax incident changed all that.
The beta testers from the past are irrelevant. Trying to use that as a means to convince other investors that the product doesn't work is no longer viable. Gorgal says the tests are going well and that the product is working as advertised.
I'll leave it to others on whether they should believe that this product works or not. But I'll take Rafael Gorgal over any group of ihub posters any day of the week. It speaks for itself
Any statements about black carbon or any other cybersecurity company are irrelevant. They're not trying to accomplish the same things as Validian. This is specifically what Gorgal meant when he said that Validian has its own niche in the cybersecurity market. Any real due diligence would conclude that as well.
Any statements about the desire to see an independent lab testing are irrelevant as well. Rafael Gorgal said that Validians technology is performing as expected and has passed every test thus far. What test do you think he's referring to? What type of testing do you think he's referring to? Is there simply an assumption that the testing isn't by an independent source? Why? Are we to believe that he would cite testing that is irrelevant or ineffective? Absurd. Independent Laboratory Testing as a term may sound fancy, but it really doesn't mean a lot. There seems to be a desperate attempt to discredit Bruce and the product. Somebody posted an arbitrary list of the top 10 cyber security experts in order to try and discredit Gorgal. That pretty much went nowhere, so now the form of testing is being questioned even though the testing methods remain unknown.
So let us examine what we know. We know that Gorgal has insisted that the product is passing testing with flying colors thus far. Are we to believe that Gorgal is citing testing that is meaningless? Sorry, but I'll put my money on that guy every time. When he says the product is passing current testing, I tend to believe that the testing is up to standards.
The idea that Gorgal never claimed that the product was hack-proof was presented. Again, that is completely irrelevant. This product is not claiming to be hack-proof nor is it trying to be hack-proof in the traditional cybersecurity sense that you and I understand. This is radically innovative in its approach, which is another claim that Gorgal specifically expresses in his endorsement. The product is about securing the data, not securing the network or securing the application, yada yada yada. These continuous attempts to try and move the goalposts aren't going to go unanswered.
As I have stated, the idea that the product has failed testing has been debunked, the idea that the product doesn't exist is completely debunked, the idea that SAIC testing failed has been debunked, the idea that the beta testers have headed for the hills (whatever that means) is a completely irrelevant claim, and the claims about failure regarding the pipeline of large and major corporations are stupefying at best. I have closed a national deal with a mid-sized Corporation regarding products and services that are not even close to being the level of importance of data security, and I can tell you without hesitation that it is a painstakingly slow process. I can't imagine what it must be like to try to present, negotiate, and close on these massive corporations on the most critical issue of our time.
Any real due diligence conducted will reveal that the tables have turned and that the Equifax breach has placed a level of urgency on these massive corporations that we have not witnessed before. Now that the technological development of the product is mostly complete, these majors and large corporations can get a real shot at discovering how this new approach can begin to solve the problems they've been facing recently. My only regret is that it took over 140 million Equifax victims for this to light a fire under a few butts.
There is just one domino left to fall. The final domino is the argument that an agreement with ongoing revenue hasn't been signed. In my view, this is the domino that will never fall. I repeat, that domino will NEVER fall. When a large or major corporation does sign a service agreement with this company, it won't have a chance to produce ongoing Revenue. At that point, there will be a competition to buy this company and its technology so that the agreement won't have a chance to be ongoing.
So everyone has plenty of time to construct a complex email, but nobody has time for a phone call? Let's get real. Here's what really happened: An email was sent and Raphael responded with information that didn't fit the false narrative that has been floating on this board. When the information didn't fit the narrative, the story became "I haven't received a response". I'm a car salesman. I can smell this kind of crap a mile away.
I know this because a friend of mine sent an email and received a response in a few short hours.
Here's the truth about what Rafael gorgal has said. This product is real. This product works exactly the way One would suspect. This product has a logical security use. And this product is very Innovative in its approach.
By the way, this product has also been tested and has passed with flying colors at every level thus far.
So not only is the saic argument completely dead, but the idea that there is no product or no working product is now dead as well.
Have a nice day and go vldi!
This has been an extraordinarily tough past 6 months. We've lost a lot of subject matter in our dialogue. I think we should all engage in a moment of silence for those we have lost.
Rest in peace to the SAIC argument. This was a long-standing stalwart which "proved" that the Validian Protect technology was an utter failure.
The "no successful independent testing" argument was a close friend that often visited our forum. Our friend was cut down swiftly by Rafael Gorgal. So sad to see our friend leave us far too soon.
This leaves us all to wonder if any of our friends will be left by the end of the year. Now that one of the Worlds leading cyber Security Experts has endorsed the product, our close colleagues puffery, spinmeister, smoke, and mirrors are resting comfortably on life support.
Life is fleeting.
Yep...clueless
I wonder if the drop-in R&D is a strong indicator that they've actually completed the technology?! Maybe we should insist that Bruce continue to spend money on R&D when it is no longer necessary. That sounds like a solid plan.
And the drop from sales and marketing could be a strong indicator that he's narrowed his pipeline down to a handful from a group of 20. Traveling expenses included in the sales and marketing spending would actually be reduced, wouldn't it?
Happy Thanksgiving to everyone. I can't wait for my first slice of puffery pie. I always look forward to that this time of year. Gobble gobble gobble up as many shares as you can.
There haven't been any pumps. If they were pumps, the stock would have actually increased significantly. It's impossible to conclude that the recent press releases were pumps. Results speak for themselves
Yes! I love the Q3 financial report! Nothing says romance like reading the financial report of a penny stock.
It's beautiful. Especially this time of year. The leaves are turning and falling. The financial data is readily available.
Yep, here's to romance.