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lol, I am not thrilled that I bought it, but I am thrill I sold it long ago and did not hold on to it until it became worthless. That is a big difference. Yes we are both happy, I for getting out and you are happy to hang onto a dream that will never happen in our lifetime if ever!.
I will take that any day over the losses in a grey stock that can not be sold and the profits I compounded over the years some have waited for the wizard to come out from behind the curtain. There is no yellow brick road or hundred of millions in profits, if there were those that tired the product would have never left. A little common sense goes a long way.
Taking a profit is never a mistake. Allowing a profit become a loss is the biggest mistake any investor can make.
I pronounced VLDI as dead once they announced the Ganthet sham of a deal years ago when I sold the last of my shares.. Some still hope it is on life support hoping it will come out of coma and others have already pulled the plug. waiting for it to taken to the morgue. In either case it would take a miracle for it to come back to life.
BTW LOL the support and Info links do not work once again!!!!
Yes, it it is interesting that they updated the web site too bad most the of updated links are all from 2019, except one is from 2023 forth qtr which has not happen yet. I did not notice the update because i simply do not do any DD on this POS. Once again why update a website if you do not plan to make individual sales and you want to simply sell the company as a whole. . A real contradiction since any real buyer would first look at who is using the software and their experiences with the software. . Now a updated website would have some real meat on it if it had a list of known named clients actually using the service. Nice Update otherwise just too little and too late to have any meaningful impact especially without the mention of AI and Quantum computing.
lol that does not explain why he let the company go dark especially if everyone of the shareholders were going to get rich. And just because he has not published any financial statements that does not excuse him from providing any PR or update, but just maybe there is nothing to report, nothing to VLDI, and nothing to the VP. product.
I am glad you are laughing when most that drank the Koolaid and listen to Bruce are crying over this scam. .I do not know why I waste my time here, but I guess I still occasional post when the overall market is slow for amusement because I just can't believe anyone still believes after over 24 years of VLDI failures to commercialize a single product..
The TPP stated
I made a decision years ago about who I would believe, the CEO of the company who had no reason to lie ( actually had every reason to lie to you) to me, or an anonymous poster on the Internet I knew nothing about.
"Bruce let the company go dark, why there have been no reported revenue, why there have been no public comments from any company about the fact that they are using VP etc etc Again thank you for your post."
Who cares if VP passed every functional beta test. What was stated and still holds true to this day and is still definitely a fact is that no one that tested the product was impressed enough to pay for it in a ongoing revenue producing agreement. Growing sales, ongoing revenue, and profit is what makes a company a success and building market share exponential is what investors want to see. Plain and simply profitable trial, usage, and exponential growth. VLDI had numerous trials,and beta tests but none were successful at producing ongoing revenue..
That is funny I just looked at the first handful of post and not one states the product does not work!
LOL, I am not back since I never really left, I just come out from under my rock only when the posts are so off base and off the wall about the potential that is always just around the corner, but never materializes. I still find it amazing how some still believe in Bruce and in this sham of a company. after all these years of failures to get real revenue producing clients on an ongoing basis.
BTW it is a joke VP will work with AI. . AI does not need VP VP needs AI to have a competitive advantage and it also needs quantum computing. Funny when I first brought this up about three years ago I was criticized that both AI and Quantum computing was decades away from being marketable, yet about three years time since I posted it, it is now becoming the norm in many cybersecurity applications.
Also I have posted thousands of time that VP has failed at every test and turn to entice customers to become ongoing revenue producing clients and I never stated that the software did not work! only that those that tested it all walked away from it in a ongoing revenue producing application.
Maybe Bruce needs to contact Cisco and tell them they are buying the wrong cybersecurity companies and they need to buy VLDI. . Cisco earlier this year bought four companies: Armorblox, a threat detection platform, Oort, which does identity management, and Valtix and Lightspin, both cloud security companies and today announced the acquisition of Splunk for 28 Billion.
Only one question remains why didn't they buy VLDI?. The answer is quite simple, no one wants to use it or pay to use it!!!!
No mantra just the facts! The only mantra being repeated by some is that VP will make the common stockholders rich beyond their dreams some day soon. No matter how much some wish that to be true the facts do not support it. Too bad the opposite is true after over 20+ years of failures to produce ongoing revenue no customer is willing to pay to use VP on an ongoing basis... . So one can talk all they want about VP the facts remain it does not sell, like I said no mantra just the facts. . .
VP simply does not work for anyone that tried it successfully enough to entice them to use it in an ongoing revenue producing agreement. So it simply does not work for anyone including Apple. BTW Bruce knows exactly what he has been doing all these years and that is screwing all the common stockholders. I could not resist to post but I will crawl back under my rock now.
I am sorry to say that is your blind side. . A little AI and quantum computing could fix that. Just ask ChatGPT if VLDI is a company worth investing in?
The facts are the facts and saying otherwise simply does not make it untrue. Yes wishful thinking does not change the facts. I do not know why I bother trying to help some see the light when they have their eyes closed.
There is nothing to like about VLDI, Bruce or VP, since in over 20 years of failure to produce a market driven product, no one has taken a single bite at disrupting the market as a potential VP client when there was a big opportunity. Now with the world of cybersecurity rapidly changing with the introduction of AI and Quantum computing VP, VLDI and Bruce are all left in the dust along with its stockholders. Most of the major player in this marketplace are all investing heavily in both Quantum computing and AI. I can't image anyone really believes that VLDI has a chance of recovering from the grey markets or ever being bought out since there is nothing of value left.in this changing world, if there ever was any valve to VP. in the first place!
It looks like Rafael Gorgal and G-G partners llc has closed down. The internet site g-c forensic.com no longer exists. I believe he is now with G4 Tech. fwiw
I hope you are one of the rich ones!
I am content in knowing that VLDI never was able to put a single client into a ongoing revenue producing mode over 20 years and when the Ganthet deal was announced I realized it was a sham and how desperate Bruce had to be to announce a deal with himself. Just another license agreement that went nowhere. That is when I sold my last VLDI shares and at a small profit. I never lost money In VLDI. I traded it a few times always making a nice profit. buying around .03-.04 and selling around .10.Twice.
I am extremely happy I never swallowed the Kool aid and did not hang on to the bitter end. I now find it sad that some still believe in the Wizard behind the curtain after all these years of failure to secure ongoing revenue!
LOL I do not bother searching Valdian I just come here for entertainment
What business plan it has changed over the years and still to this day no one wants the product or if they do no one is willing to pay for it. AI and Quantum computing is going to change the cyber security world overnight and if you are not on its coat tails you are left in the dust.
That is great he uses the product but he is not paying for the product. That goes along with all those potential clients that tested the product that never became revenue producing clients as well as the 5-6 license agreement that actually paid cash for an agreement that also where unable to make a single revenue producing sale. I agree "how many employees MK1969 personally has in one of his own personal business ventures has ZERO to do with how successful Valdian will be or how good VP works." What is more important and validate is that VP to this day does not have any really revenue producing income from a product that probably is no longer ground breaking due to the rapid changing technology. Why would anyone want VP with the accelerated growth and rapid changing technology being brought on by AI and Quantum computing ?
If you do a search on his phone number (916) 293-1477, you will find it belongs to owner and president of another one man operation called Capital Integrations LLC. At least this one man operation makes $130,000 per year after being 17 years in the business. So I guess he is a big insider!
Corp status, and whether the product works or not are all meaningless unless you can buy and sell your shares in the open marketplace. And that too is meaningless unless the product can establish trial which is always difficult on a cut edge ground breaking product. That trial too is meaningless unless that trial results either meets or exceeds expectation which translates into actual usage producing revenue and that revenue then grows exponentially. So the company can have a product that works and the company can be legally active but who cares! The facts say it all. The company stock is on the grey market and rightfully so since all those that tried the product walked away from the product even those that sign license agreements and paid for those license agreements.never rolled out the product. Just ask oneself why that is ?
You mean NO LONGER ON OTC
A blast from the past;
https://www.prnewswire.com/news-releases/ganthet-mobile-licenses-validians-technology-601463905.html
So the software is so great that it even works with quantum computing, I believe that as much as I believed almost seven years ago Validian signed a license agreement with the sham company Ganthet that would produce millions of end points generating revenue with their secure messaging App. To this day Validian does not have even one real ongoing revenue producing client. after about 5 various signed license agreements that have all gone nowhere. . The question is why not one license agreement actually rolled out the product and generated real ongoing revenue. The answer is the agreements were either all shams or no one really wanted to risk trying the product and or it really didn't work as claimed.
Just stating the facts that we have no idea what is left of VLD for common shareholders. Also we all know that when VLDI was reporting there was never enough common shares authorized to handle all the various convertibles instruments to common stock on a fully diluted basis. Also we have no idea what additional convertible have bee issued since that time. I am amazed anyone still believes in this company. and or Bruce. I guess when you have lost most your money in a pipe dream you need to hang on to the bitter end. Just wondering what it would take for some to realize the last nail has already been put into the coffin a long time ago. I will now disappear again, since I have said my piece and there appear to be absolutely no future for VLDI other than a rinse and repeat. .
we can find some encouragement in the fact that the page you posted also proves that Validian has not secretly increased or decreased the Authorized Limit or the Float in an effort to dilute the value of our stock
FYI cybersecurity is changing very rapidly with the addition of AI and Quantum computing. I read a report where someone offered two groups of hackers $.5 Million each to hack a software program that was running on AI and Quantum computing and they were simply unable to.
I will now crawl back under my rock since VLDI is officially dead. just like this board.
Happy Holidays to all and to all a prosperous New Year!
Do not listen to other people including myself. Simply read the financials and it all becomes clear who owns what. The majority of the debt in the past was own by Leon Finkel which he converted on a regular basis to common shares of stock to maintain a 10% holding of the common shares.( by debt restrictions he never could go over 10%) Since his daughter took over she has not converted that debt on a regular basis.. Bruce would have to report any debt he holds as insider transactions. Which in the past was always reported in the financials, but since VLDI is not a reporting company any more it is very hard to know the current situation only what was last reported. I always fall back that the company could go into a liquidation where the preferred stock holders could take control of the company since they get 2 times there investment back in a liquation and they have first claim.. That is if there is anything to liquidate, which probably there is not. My guess is that Elle has been liquidating her holdings over the last three years, but we will never know as a non reporting company. Yes Bruce could have also been buying shares too as she liquidates but we will never know for certain. The only thing that is certain is that VLDI is worthless at the present time and will probably remain so . I have been reading more and more about Quantum Computing and how it is proceeding and will revolutionize the cybersecurity world. It is already here and growing fast it is just a matter of time. This is a game changer and probably the death for those companies not on board. JMO
I know I said I would not post until some real news came out on VLDI, but I could not resist with all this talk about Bruce investing $35M of his own money into VLDI. First of all VLDI as of the last report had an operating deficit of about $56M if you go back into the financials you will find that over its course of history about $36M went into sales/marketing/ admin and about $20M went into R&D. Bruce has only about 5.7% of the common stock outstanding (less than that number on a fully diluted basis) and Alla Pasternack has about 7.9% (down from her fathers 10% years ago). If Bruce invested any of his own money it would have been via common stock, preferred stock, notes or bonds, Bruce was awarded stock years ago and had only about 1-3% for a number of years and then a few years back actually purchased some shares bringing the total to approximately 6%. There are 688M shares of common outstanding plus the preferred, notes, and bonds all convertible into common stock. So using simple math if Bruce had invested out of pocket $35M of either his own funds or those from his investment vehicle he would own approximately 62.5% of the company. on a fully diluted basis. There was a period of time where Bruce did debt financing but he was repaid the the full amount of approximately $.5M. Believe me that Bruce has taken out way more in funds out of this company than he ever invested!
The truth be told is if anything he pulled out of the company over $35M in sales and marketing without ever marking a single real sale over the years which for the most part went into his pockets or his investment vehicle. The logic is simple if Bruce had invested his own money he would own much more of the company on a fully diluted basis than 6% and his investments would have been reported with the proper SEC filings such as a 13D or equivalent. Now I will crawl back into my hole.
Not sure what news people expect since all license agreements signed failed to produce on going revenue and all that tested the software walked away from it. Then add to that the 20+ qualified potential sale pipe line in final stages of negotiations all too walked away as well. I will tell you that and a little common sense says more than another one of Bruce's spin stories.
I really feel for those that still believe, and decide that this is my last post until any significant news comes out on VLDI, which I do not expect, so probably it is my last post. Good luck to all that still believe I really feel sorry that Bruce can still spell bound some especially after all his 20+ years of failures.
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Faith gets you nowhere in a stock market and especially with VLDI, only positive results supported by facts and figures. Also a little common sense goes a long way, sorry to say!
Sure Bruce had a lot to gain in the past from all his lies about sales that never materialized. It allowed him to pump the stock so he could sell common shares above .03 and convertible bonds and notes to keep the company alive. Even thou he exceed the authorized common shares count on a fully diluted basis. These funds were then siphoned off to the tune of over 35M in sales and marketing expenses that only produced 5-6 license agreements that actually went nowhere. This includes the Ganthet sham that was supposed to upset the mobile messaging business with its super security. I still occasionally look for a Ganthet website or product for sale and there is nothing to find 6 years after the announcement.
My statement is fact and not opinion, since there has not been any real PR or news release on Validian since Rafael's glowing recommendation. The Rasp mention was just another sham since that report did not even cover VLDI.
Yes Bruce turns every piece of bad news to his advantage as part of his plan. Too bad some still believe him, since his real plan is covered by his lies.
Like I stated before Quantum networking will make most cyber security obsolete by the time VLDI ever raises its head from the dead.
Sorry to say with VLDI no news is bad news since Bruce has run out of options and stories to keep the company alive. Dead is dead when it comes to VLD and any investment in the company. That is definitely my opinion but it is based on facts!
The last real news for VLDI was November 28, 2017. That was Rafael's glowing recommendation and since then really nothing exempt for VLDI's removal from any real trading platform.
I would not hold my breath on VLDI coming out with any real news before Quantum networking makes all security platforms obsolete. My guess that is in 5 -10 years. And since any news on VLDI would have limited impact due to no valid market trades the stock do not count on ever getting a penny back for your shares.
I pray for them and everyday for the people in the Ukraine and that someone soon takes out Putin!
You can not buy the stock and you can not sell the stock so yes it requires magic which VLDI ran out of many years ago!
The debt holders have a direct line to Bruce and they do not rely on Public information. Bruce has to tell them what's is going on if he wants to keep this company alive. Very simple If there is anything worth anything Bruce will do what ever necessary to keep them happy.
What is very strange is that Bruce doesn't care about the common shareholders and has done absolutely nothing to bring them any value in the last 4-5 years. The product may work but it doesn't work well enough that anyone that has trialed the product is willing to pay to use the product on a ongoing basis. Just the facts!