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Agree! I wrote Bruce an email recently asking him those very things. The time is now!! I have not heard back from him as of yet.
Can you share a link or cut and paste this info?
Oh yeah? Where'd you get that info from?
Say what you will... Believe what you want?
I am 100% certain that management (on both sides of the pond) are working their asses off to get this company rolling. This includes squaring up all the BS with the audit and fins, signing a new finance deal and renegotiating old ones and signing partnership deals for future growth... The management team (O'Driscoll, Core, Trautman and even Brookstein) all have lots of their own money invested in this company and trust me they are not happy about where this PPS is currently. They get it!
I venture to say we see a nice PR soon, and prob sometime shortly after that we'll see the Q's.
Once we see these things happen, I think folks will begin to feel a sense of confidence and calm and momentum will build.
Much of this is my opinion, but my opinion is based off my ability to gather and discern information, which I'm pretty good at.
When/if I lose confidence in this company and it becomes a losing proposition, I will sell and leave. I will not stick around and BASH! This is a quality in some I simply don't understand.
Yes I agree, but like you said as well the company could announce they've signed a contract without naming names.
Bottom line is we have to be close!
I honestly don't know. But I have to imagine they are really close to announcing something BIG very soon.
So this is an interesting article... First time I've read something like this.
http://betanews.com/2014/10/14/security-firms-have-created-the-next-dot-com-bubble-by-scaring-their-customers/
Yes!!! And that is awesome...
We've got a few winners on this board who understand what they got there hands on and are not swayed by noise. Yes there is risk! BUT I know there are some mightily talented DD hunters on this board that understand this is a low floater, start-up, (yes, experiencing some growing pains w/ this audit fiasco), but their churning rev's and growing, and has future plans for growth... Not too mention they're in a recession proof multi-billion dollar industry.... Soooo! What are we really talking about?
Dean Martin said it best!!!
What I'm excited about is to see what partnership deals we see in the near future?
I don't care about the negativity some post on this board. I'm certain that it you are well positioned at these price levels, we will easily see huge gains in just the next few weeks. IBC is almost done. Q's will be filed soon and they'll have that credit line locked up.
Onward and upward!
Agree! I just re-read the most recent PR from Shane.
The last 18 months have been a tale of two countries. In Ireland we have added 13,955 registered customers, generated turnover revenue of $11,580,888 and gross profit of $781,000. (in US dollars).
In the United States we have endured a painful delay in our US parent company filing of an annual audit. This delay has limited our ability to get credit on favorable terms and secure investment to grow our business faster. In fact the failure to file has put us in technical default of our US credit facilities.
In Ireland we have seen our business grow month after month and quarter after quarter. 2014 turnover is up 600% over 2013 with 3 months still left in the year.
In the United States we have seen our stock decline 90% during the same period.
We have complied with every request from our US auditors and even flew in their representatives at the end of June to participate and oversee the audit of our European partners. We have pushed aggressively for the filing to take place and I do fully expect the 10-k and the 10-q to be filed any day now.
We have reached agreement in principal for up to $5 million in financing on terms that give the company complete control of the timing and draw down of funds preventing the type of dilution we saw in the past few months but cannot finalize those agreements until our audit is complete for obvious reasons. We believe with access to capital we can accelerate our already strong growth in Ireland.
We have reach agreement in principal on a joint venture with a substantial US based group that we think has the potential to drive large European customers to our platform but again we have not been able to finalize these agreement without our filings being current.
While there is not assurance that either of these agreements will be finalized we will push to complete them rapidly after our filing of the 10-k and 10-qs.
We will continue to work aggressively to build shareholder value in the weeks and months ahead and I look forward to more updates in the days ahead.
Shane O'Driscoll
Sold. I got out after that mess with Trish Malone. This company is in shambles. But I'll keep an eye on it and poss jump back in if they get there biz in order.
Good post Doc!
I agree... I think these 10Q's will demonstrate that trend of continued growth. Then we'll all be very happy!!
And on and on....
http://nypost.com/2014/10/10/kmart-becomes-latest-retailer-hit-by-credit-card-data-breach/
Isn't it incredible?
Solid point! Totally agree... Have a nice weekend!!!
It's 10 mos old. Remember it's 2013. The company is growing and continues I grow.
I thought he was done? Sold all shares and was out? LOL!
I'm sure he freaked out when he saw it almost hit .03 today. Because he swore this would never go over .02.
This is the exact mobile messaging App Validian should be protecting.
http://www.siliconrepublic.com/digital-life/item/38709-hundreds-of-thousands-of/
I just smacked that ask like it was my _______! The pendulum is swinging and momentum is building. I can feel it!
I've been here a long time....slowly accumulating and averaging down.
GLTA
That's unbelievable Green. This company is a POS that's being diluted out the ars. These guys are nothing but a bunch of scammers driving around in Bentleys, wearing Rolle's on their arms while pouring Chandon all funded off our backs.
I'm just kidding of course... But that was fun. I think I may have stolen a line or two from a rap song.
What's funny is I read that PR and hear recent stuff from management and think WOW, awesome!! these guys really are running a legit growing biz that's making money, and they're being up front and honest about this situation about these audits. Maybe I'm naive or too trusting and don't think the world is out to F' me!
While some will always be negative or angry or mad at someone or something because it's never their fault.
Karma is a bitch!!
Someone is dumping their shares today. Put your bids in for some cheap shares!! Bwwwaaaaaaahhh!
What a crazy weekend in both NCAA and NFL. I am certain Vegas and any other sport books (wink, wink) cleaned house this weekend. #BETS
They're both full of BS. Ive been in communication with a few folks on this board who have done some awesome DD. Thank you!!
Agree! I def feel a lot more bullish. Excited to see what happens this week.
The JP Morgan hack is serious and has gained the attention of many as it underscores our vulnerabilities on a mass scale. This problem has become an epidemic. I honestly think we see/hear something about Validian real soon and when/if we do it's going to be HUGE! I've never felt better about my investment in VLDI vs any other micro cap/penny stock in my life. .50 - 1.00 is my guess within 60 days.
http://www.cbsnews.com/news/jp-morgan-chase-hackers-stole-83-million-customers-information/
Disagree Doc. The fins are coming very soon. My guess is there waiting to Mon/Tues to file versus today. I think we'll see a sharp uptick in PPS as soon as we do. Then they follow that up with PR's about their plans for 2015 and we see even higher levels.
No one will ever accuse this management team of doing anything to hastily. But hopefully, they've learned a lot about this audit process and importance of timely reporting as it relates to investor sentiment. We will see? I remain bullish on BETS for sure!!
It's out of control (now I can personally say that I've been impacted by the Jimmy John's, Home Depot, Target, and now JP Morgan)
WOW!! F-U hackers!! C'Mon Bruce, the time is here and now!! Bring it home for Validian!!!!!
http://money.cnn.com/2014/10/02/technology/security/jpmorgan-hack/index.html?hpt=hp_t2
2014 will go down in history as the year of the DATA BREACH!!
http://mobile.eweek.com/security/retail-breaches-get-supersized-as-attackers-get-hungry.html?utm_content=buffer53666&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
Great article (even though VLDI isn't mentioned). Regardless cyber-security is and will be the next hot sector.
http://www.equities.com/editors-desk/stocks/technology/home-depot-data-breach-makes-another-bullish-case-for-cybersecurity
It's getting out of control. This is unreal.
FBI — Pakistani Man Indicted for Selling StealthGenie Spyware App
http://www.fbi.gov/washingtondc/press-releases/2014/pakistani-man-indicted-for-selling-stealthgenie-spyware-app
I've had the same thing happen just recently as well. It's most likely because we follow Seaniemac.
Per Shane O'Driscoll on 9/9 PR:
Ok, So the whole filing of financials is way off, but revenue is up, and no material changes to reported numbers. Is he willing to put his neck on the block and be a BOLD face liar about it all? My doubts are high.
The company expects to file its audited year-end financials within a week and will update shareholders on ongoing plans for growth in 2015 immediately thereafter. Total turnover in August was up 37 percent from July. Annual turnover revenue remains above $10 million and there have been no material changes to our previously reported numbers for the 1st and 2nd quarters.
BTW - Eli Looked good Thurs. Looked like he was throwing a nerf football all night. Unlike Geno who can't get out of his own way and tells his fans to F' off! Real classy!
LOL! I know... I was just sharing the silly link from Twitter to demo their daily efforts to promote.
http://bakertilly.com
Lori Catapano is the one performing or is involved in the audit process.
Maybe they need to comb the beach to help find these missing financials.
Great article! Thanks for posting. Only solidifies what most of us already know.
I've recently done some DD and I'm pretty darn confident this company is on the right trajectory and has some major things going on at the moment. What's interesting is the company seems to have a significant increase in interest from various entities and developers from the around the globe as the awareness and fear grow about cyber-security risks. The word is getting out there.
Once Validian gets this mobile app platform up and running, and they increase their number end points, which will happen hard and fast, this will basically validate this whole thing.... Then KABOOM!!
Timing is everything in life! IMO we happen to be in the right place, investing in the right company, at that right time.