Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I could not agree more!!!! All last ditch efforts before the fall. I have seen it before in penny stocks on the verge of a rinse and repeat. The last one I followed the website was updated just before an insider defrauded the company of billions of shares causing the stock to fall to one ten of its original price!
So why no longer a history of news articles ( trying to avoid those trying to do DD on all the years of past failures) and why no longer a list of channel partners ( they all ran for the hills)? This just keep getting worse! Just another last ditch effort trying to obfuscate the failure to sign real clients with real ongoing revenue over the last three years. Just a lot of fluff no sales substance and definitely not a market leader!
bottom of the product page is the competitive snap shot. It Does not do a comparison to any competing company!
https://validian.com/home/products/
So also what happened to those three channels partners, did they run for the hills like SDS and SCS.
BTW the competitive snap shot on the new website is a joke! Why not list actual companies like Carbon Black and Palo Alto Partners and others or new technologies like blockchain.
Like I said a little too little and a little too late.
Yes the new website is an attempt to bred new life into VLDI, but it needs a lot of tweaking. The new site eliminates all past news releases other than announcing a new website. Is this intentional or an oversight? Like I said they are trying to do a rinse and repeat in a manner of speaking. I just love the statement:
Well Q3 is over and still no news worth a PR from VLDI/Bruce. It looks like 2019 will be another failed attempt at commercializing the VP product.
We were talking before about predictions of success and failure and as neither has totally happen, but mine prediction was this year either VLDI does a R/S, and increased in authorized share count, or a Rinse and repeat. My predictions have had a very definitive time frames to them, not 20 years of trying to commercialize a product and failing. No holes here just the facts.
None of that matters all that matters is whether VLDI can market their product or the company successfully. To that end VLDI has been a complete failure, which is a fact. As a failure, logic takes predictions to that end and not to a $40.00 dollar stock. Let us forget $40.00, since VLDI is hard pressed to simply gain any traction over .10 in the last 10 years. Even if it is successful filling a niche market does not guarantee success. There is no way VLDI will ever take the market by storm since it never was or is the cure all the Bruce claimed it to be.
What is also crystal clear is VLDI has been borrowing from Peter to pay Paul for almost a year now when they froze the common shares being issued and cut their operating expenses to survival mode. They have done this to avoid the inevitable, which is a reverse stock split and/or an increase in authorized shares. It is inevitable for two reasons, they are close to a billion shares on a fully diluted basis and they only have authorized 700 M shares. The second reason is they will have to refinance these cash notes. They now have about 1 Million cash notes paying 12% cash interest, which means they have $120,000 a year in interest payments. This simply can not continue since they have no stock to issue to refinance these notes and they have no cash coming in to pay the cash interest. That has to change and quickly. The silence tells me more trouble is ahead. Penny stocks survive on issuing shares until they generate cash, so something has to give.
Now the big question which is if one still believes VLDI and Bruce can pull a rabbit out of his hat, which is highly unlikely, how long does one give him with reasonable expectations of success 2 years, or 3 years and/or 5+ years?
The answer is they have had at least five years already to launch the product. So why have the five license agreements already signed never commercialized the product?
Oh, I forgot according to Bruce VLDI is operating in stealth mode! LOL!
Better yet:
Does trips really matter if that happens! The answer is no, since VLDI simply goes from a pink reporting company to a pink non-reporting company.
I believe I was clear that I am not waiting for anything!!!!!!!
I have written VLDI off as an investment years ago and also as a trading stock since the Ganthet deal.
I could careless if VLDI stays here at .02s for the next 20 years I have greater opportunities that this failure!
Once the latest spin on sales fades away we will be back to subpenny level. Nothing to be surprised that we have been holding in the .02s, since we are stuck in a technical trading range of .015 and .03. Without any real believable news VLDI will be hard press to keep its price in this range. Yes I too am amazed that the price has been holding in absence of any PRs other than Bruce's latest spin off the record.
The evidence of 20+ years of failures and after 2 years from Rafael's glowing recommendation and they still can't get a real client is overwhelming, except for those that still listen and believe in the spin Meister.
Much closer to a rinse and repeat and getting closer by the day than to anything north of .10!
Yes over the years VLDI has gone to subpenny level as low as .003 about ten years ago only to rise to .105 and then back to subpenny level. That is why I have said it is a trading stock and not an investment until it gets real revenue. The fundamentals and financings are getting worse by the year and I am betting whether it is a rinse and repeat, an increase in authorized shares, or a r/s it is coming soon.
The recent run up happen on no real volume and like I also said there is big resistance at .03 for a number of reasons. Any real volume can take the price up or down since it can be easily manipulated. The question is where does it go from here.
No I am not waiting for anything! I am expecting a rinse and repeat and I am not expecting that they will ever get a real client producing real revenue. Just amazed that anyone still believes in Bruce after 20+ years of failures! defies logic!
Nothing to wait for after 20 years of failures. Five license agreements that have gone nowhere and there are absolutely no indications that VLDI will ever get a real deal ( no PRs in 2 years). Even if VLDI gets a real deal it will probably be a little too little and way too late.
Yes a reversal is coming, that is in a reverse stock split.
On a pure technical basis yes the daily chart has turn upward, but it is too soon to say it is a reversal because the year is not over yet. The key is the 200 period SMA on the weekly chart which is still showing a strong declining trend, but the 50 period SMA is pointing upward on the weekly chart and looks like it may cross the 200 to the positive side. If that happens in conjunction with a few days of closing above .03 and I believe there is a confirmation that a short term bottom is in.
Too bad there is no news to support the potential turn around, especially since it is on low volume. A positive and believable PR could sure make VLDI interesting, but without any fundamental to support the current action I still believe before the year is out VLDI will have to either do a R/S or a rinse and repeat purely to stay financially alive.
Since 2013 when VLDI hit a high of .105 in has been making lower highs and lower lows on an annual basis. So for the last 5 years VLDI has been in a downtrend. Of course that changed this year When VLDI on one day May 31 put in a high of .10 only to close at .0299., Since then VLDI has been stuck in this trading range between .03 and .015 now for over two months. Last year's high was .027. Like I have been saying due to all the convertibles that are stuck with exercise prices of .03 makes for strong resistance at .03.
So yes as far this year goes VLDI has made its first higher high in over 5 years on one wild day and as far as the low goes the 2018 low was .0046 and this years low is .0061 so far, but the year still has 3.5 months to go which is penalty of time for VLDI to make new lows. The currect charts show that if VLDI breaks out with a close above .03 VLDI could change its direction. One day does not make a trend, normally you look for at least 3- 4 data points for confirmation.
VLDI has been stuck in this trading range between .03 and .015 now for over two months. VLDI gets up to the ..03 resistance then only to test the .015 support level. On a weekly chart it looks like VLDI wants to breakout to the up side. A close above .03 would indicate the next move upwards. Volume also seems to be building. Too bad there is no news to reinforce this activity.
Two years ago VLDI was on the verge of signing a major strategic partnership ( that is if you believed the spin meister), but then again that was history and is no indication of future failure or success to market the VP product. This is too funny!:
Validian Now Positioned to Complete Strategic Partnership with Major Company
PR Newswire
OTTAWA, Ontario, August 2, 2017
OTTAWA, Ontario, August 2, 2017 /PRNewswire/ --
Validian Corp. (OTCQB: VLDI), a leading innovator in cybersecurity technology, is pleased to announce that it has recently completed version 3.3 of its radically innovative cybersecurity technology that seamlessly protects the Complete Life Cycle of Data (applications and the transport, storage and all forms of usage of data) on all major technology platforms, operating systems and devices.
This completion has comprised minor modifications in addition to the migration and upgrades already completed to Microsoft Windows 10 and the Azure Cloud platform, and to recent versions of Google Android, Apple OS and iOS, and to Red Hat Linux, including a full suite of Software Development Kits on C++, .Net for Windows, Java, Java for Android, Object-C and Swift for Apple OS and iOS, and C++ and Java for Linux.
"These additional modifications now position Validian to complete strategic partnerships during the next 45 to 90 days with one or more large companies with whom Validian already has commenced negotiations, assuming we come to mutually acceptable terms," commented Bruce Benn, Chief Executive Officer of Validian.
and so is Bruce!
History in the case of VLDI has especially been an accurate prognosticator of the future. That may change at some point, but highly doubtful, since the road signs do not point in that direction, rather in the direction of a rinse and repeat.
So far no one wants the product even as a niche product. If VLDI ever gets a real client, with a real commercialized product, producing real ongoing revenue it may be worth looking at as an investment, but until that happens it is dead money.
The past is a very strong indicator of the future when one looks at an individual's or a companies' tract record, and that is especially true of both Bruce and VLDI. The story would be different if all those that tried the product rushed out to become clients, but when they all ran for the hills it is obvious to most that VLDI has a huge marketing problem and probably will never be able to monetize the VP product.
I believe in the old adage that success usually breeds success and that VLDI with over 20 years of failures will only breed failure.
Without history there is absolutely no basis for investing, since history provides the facts and trying to predict the future without any facts only amounts to pure speculation without any basis.. .
There is absolute no history that VLDI will ever get any product to the marketplace. Five signed license agreements over 10 years that have gone nowhere and twenty years of failure to commercialized a single product should be enough road signs that VLDI is not capable to market what they have.
Yes blockchain and quantum networking is definitely the future for cyber security. There are two problems with VLDI. First VLDI does not have the funds to invest in additional R&D. Second and even if they did the rub would be if VLDI can't get anyone to use what they already have, why in the world would anyone believe if they had blockchain technology it would change that landscape.
Bruce had the opportunity to ride the block chain craze and he missed it!
No made up facts
Tell me just one fact that I made up!! I bet you can't and just because the product works does not make it marketable. A Mom and Pop operation with delusions of grandeur. Over twenty years of failures to commercialize a single product. Five signed license agreements that have gone nowhere. A pipeline of 20+ qualified potential clients that have gone nowhere in over 3 years. Two years of negotiations with potential clients that have gone nowhere. Two years without a single update on progress. Financially struggling to avoid an increase in authorized share count or a r/s. Cash promissory notes by YE will probably reach over $1M without any current way to pay the interest or refinance them.
Bag holders never read road signs until it is too late:
I stick with the facts and they definitely work for me as well as trading in and out of this stock solely based on technicals up until the Ganthet deal was announced. There are absolutely no fundamentals for this stock only Bruce's hype and spin stores about sales which were wrong in every single PR over the last 10 years. I do not need to ask how is Bruce's spin stories over the last 10 years working for anyone it is obvious!
Bag holders never read the road signs until it is too late.
Just keep saying that to yourself. If it works for you!
Nothing good five signed license agreements and not one that has commercialized the product. That says it all!!!!!
Dead money has nothing to do with risk tolerance, when a company can't get a product to market in over 20+ years and people still hold the stock they are bag holders and believing in a long shot that has 1 in billion shot does make it so, it just makes holding foolish like those that held Enron to the bitter end!
VLDI is back to support @ .015. It is trading below the 200 day SMA which is .016 and the MACD is rolling over to the negative side. Also it looks like it could not break through resistance to the upside, so it is now again testing support. My guess based on the technicals is that VLDI will close below support in the next few days especially since the 50 day SMA is rolling over from its high of .0247 in beginning of August and is now down to .021.
Some have been saying that for years even decades, and they will be saying that until the rinse and repeat like I said dead money and bag holders.
Some have been saying that for years even decades, and they will be saying that until the rinse and repeat like I said dead money and bag holders.
Being a bag holder never works!
The way to win at the investment game is to minimize your losses to maintain your investment capital by knowing when to get out ( depending on your risk reward ratio) and to let your winners run to maximize your profits.
Over 20 years there were definitely trading opportunities in VLDI but after the Ganthet deal it was obvious that Bruce could not pull a rabbit out of his hat and had to take desperate action to show a deal even if it was with himself.
The real question remains why not one real potential client from the 3 year old sales pipeline list of over 20+ and the 2 year old list of those in negotiations have not step up to the plate to commercialize the VP product. Until that changes VLDI is dead money and most likely that will never change.
Yes of course some are winners others are bag holders. When it comes to VLDI those still in the stock are bag holders. The road signs are all there.
The game is played by making money off your investment and considering the lost opportunity while sitting in an investment that does nothing while the rest of the market hits new highs.
No reason to believe Bruce will ever be successful after 20+ years of failures. I sure would have never invested in this risky penny stock if I did not believe at one time that they had a product that would take the market by storm. A niche market could be interesting depending on the size of that niche, but I bet 95% of those that invested in VLDI were expecting the best thing since slice bread and 100s of millions of endpoints. Guess what no real sales and not one single revenue producing endpoint and even the niche player were never able to commercialize the VP product out of 5 license agreements.
The game has been played on shareholders by the spin meister and now reality is starting to set in for the few that did not see the handwriting on the wall a long time ago.
The smart money dumped after the Ganthet deal and now what is left are bag holders, that is how the rinse and repeat game is played.
The funny thing is I invested in VLDI because it was going to be the biggest thing since slice bread by enabling 100s of millions of endpoints with the VP security and endpoint advertising. . Then they announced that over 250,000 mobile App software developers were going to include VP in their development Apps. That sounded like VLDI was onto something as far as getting endpoints. Guess what, that never happened. I was told not to look a profit but the exponential growth of endpoints that would translate in massive advertising dollars, which would result into increased net worth and share price, like $100 per endpoint, but guess what in the last 7 years not one single revenue producing end point.
Never listen to a spin meister!
A niche market is not what Bruce told investors years ago. He claimed that VP was hack proof and the cure-all. I highly doubt most people that invested in this stock were looking for it to have a limited niche market. It was supposed to Middle-ware that would work with and benefit any security software application.
Also Rafael made it clear that with a product that is this radically innovative there is a difficulty in breaking down barriers on the old boys network of following the best practice routine. This has been proven with five licence agreements signed and not one client willing to put the VP product into commercial use . So even those niche players have a problem with the product .
The technical analysis is not company news or PR news, but I agree that without any real news it is all an investor has to go on.
I believe from a technical view point .02 and .022 are the key resistance levels and support is @ .015. VLDI needs to close above resistance or below support for a couple of days to determine the next direction of the stock. JMO
What news?
Facts, one expert Rafael Gorgal indicated VLDI has a possible niche market, but it is not the cure-all that Bruce claimed over the years and it being radically innovative makes it even more difficult to get into the old boys network which follows the proven best practices.
After Gorgal's recommendation there has not been one single follow through recommendation by any other expert or marketing research firm like the Gartner group. Looks like the ball was dropped!
After Gorgal's recommendation VLDI has gone totally silent on the PR front for close to 2 years.
After Gorgal's recommendation to attend the RSI cyber security conference VLDI has been absent for the 2 following years.
After Gorgal's recommendation not a single update on the negotiations with major and minor potential clients in over two years.
Not one single real client from the sales pipeline of 20+ now over three years old has step up to the plate to commercialize the VP product. Why is that?
Next steps rinse and repeat.
It will be neither VLDI is financially doomed to fail.
Just like the 20+ qualified sales pipeline now over 3 years old and which they have been negotiating an agreement now over 2 years.
Rise an repeat!