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Yes I received a sample report that was partially redacted. They listed the companies that they analyzed in the first 124 pages but they did not give the specifics like the number of clients revenue etc, which were redacted for each company. Which of course one can do their own DD on each company to find that information. Which I did on a number of companies.
No newsflash I was very well aware of what I was getting and I went back with an additional request. if I could purchase only the information relating to VLDI, that is if they had any. Still waiting for a response. The majority of the report is about market size and potential by country.
Yes it is possible the report is more than 124 pages long and that VLDI may be mentioned later, but simple DD on the other companies listed will tell you that the majority have revenue and sales for a number of years.
My point is VLDI maybe mentioned as a potential player in the RASP market place but nothing earth shattering to get ones hope up on in comparison to the other players.
The following report by Global Markets mentioned VLDI and RASP in a PR and a few thought this was big news. So for those that love due diligence I requested a copy of this report and it is really funny that the report does not even mention VLDI in the first 124 pages, but the other companies are mentioned with full analysis of each company. It appears once again smoke and mirrors.
If anyone does not believe me go and request your own copy of the report which is 124 pages long and see what you find nothing about VLDI in the first 124 pages.
https://www.multimarketinsight.com/product/global-runtime-application-self-protection-software-market-status-and-outlook-2021-2026/
As a practical matter, if a company’s common stock is moved to the Expert Market, the company’s stockholders will no longer have a public trading market for their shares. Additionally, trading bid and ask prices and share trading volumes will not be publicly quoted and the trading market for the common stock would likely be illiquid and limited primarily to private purchases and sales among individual stockholders. Any transactions would be opaque to the public marketplace and would not necessarily provide the company’s stockholders with a reliable market value for their shares.
A company pushed down to the Expert Market would be able to apply for relisting on OTC Markets Group once a market maker has filed a new Form 211 with FINRA, and the company has made current public information available. This requires a company to locate a market maker to file a Form 211 on its behalf and, once the form is filed, there is no set timeframe for a re-application approval. When compliance with the amended rule is demonstrated, relisting can occur.
BTW how do you get quotes in the grey market, from what I read quotes are not made public.
I do not follow the stock price anymore since it moved to the grays. Maybe it is time for those still in the stock to average down.
Merry Xmas to all and to all a New Year where Covid disappears!
Either have I, but I continue to follow the stock just looking for any material evidence that possibly their future will change. Sad to say to date I just have found the opposite.
Another case of get rich news that never materialized!
So what happen to this mobile and non mobile deployment of VP? Too many question have gone to Bruce unanswered!
Company Targets Release in Q3 2014
OTTAWA - Validian Corp. (OTCQB:VLDI), first-to-market with next generation cyber security technology that provides secure access of critical applications and secure access, transfer and storage of digital information on wired, wireless and mobile networks over the Internet, today is pleased to announce that it has entered into collaboration with a new channel partner to secure a series of solutions for deployment to existing customers.
Under the Channel Partner Agreement and Licensing Agreement signed in June 2014, Validian's new channel partner will be installing Validian's core technology platform, ValidianProtect, and integrating it into a number of mobile and non-mobile solutions beginning in July 2014. These solutions then will be deployed to the channel partner's existing customer base in professional and financial sectors.
"We're thrilled to collaborate with this new channel partner on the licensing and integration of ValidianProtect within a series of solutions designed for their growing customer base. With the development of these solutions, our new channel partner is projecting initial deployment to approximately 1 million end users during Q3 and Q4 2014 for non-mobile desktop applications. Following the completed migration of ValidianProtect to mobile platforms expected in Q3, the number of end users, and therefore endpoints, in Q4 2014 is anticipated to increase significantly for mobile versions of these applications as well," stated Validian President and CEO, Bruce Benn.
what are you talking about?
I meant to say First smart phone was invented in 1992 by IBM
Let me see, 20 years ago there were PCs, POS terminals, and network servers markets for security. VLDI tried to make sales to them as well and failed too. Too bad maybe if they succeed earlier on they would have been taken seriously in the smart phone Market. So VLDI has not been working all these years just on smart phone security but evolved after years of failures in every other market to make sales. So far they have been failing in the smart phone market as well!
BTW the first cell phone was invented in 1992 by IBM and was available for sale in 1994. The Android came out in 2002 and the iPhone came out in 2007. So smart phones have been around for a long time.
Needless to say this still does not answer the question why Bruce let VLDI go dark and grey and why he has not reversed that position to the satisfaction of investors especially if some earth shattering get rich news is expect shortly.
Not holding my breath.
I couldn't agree more, but since some still believe Bruce and his fair tales rather than common sense and logic the discussions will probably continue.
What is even more laughable is if you expect some get rich news coming out you would first get your company off the greys by becoming fully reporting and updating all financials for the missing years, but that is too logical.
Get rich news and you can't buy or sell the stock means you can't get rich or in or out on the news, which I imagine many investors would want to do.
Simple logic goes a long way when trying to understand VLDI because there is no logic to believe anything other than the same old same old.
He has been saying this for the last five plus years so why would this time be any different. Alias born today!
No nonsense just logical questions that have never been answered and common sense based on the lack of interest from those who tested the product and walked away.
I bet 2022 will just be the same old same old for VLDI and those hanging on have no choice to do anything else because they can't get out even if they wanted to.
Like I said before I hope you are right for your sake and you become rich beyond your wildest dreams but I hate to say that is highly unlikely based on the past performance of both VLDI and Bruce.
Ok for the sake of discussion let us say that was all true. Then why have all those that tested the product walked away from the product and no one has ever put VP into revenue producing service. Even Rafael indicated the product was not the cure all but it was uniquely innovative. He also indicated it would be very hard for anyone because of the old boys network to upset the norm. Then to make matters worse Bruce let VLDI go dark and grey. Not very encouraging or supportive of making anyone rich rather just the opposite.
Believing in the product is not the issue but making sales is! There have been many products better than what was the norm in the market place but failed making significant inroads. For example beta vs vhs, beta was technologically more advanced superior but it never succeed in the marketplace.
Until VLDI shows any indication of making real sales producing ongoing revenue, no one is going to get rich, except for maybe Bruce with the money he pulled out over the years through sales and marketing.
I guess you were laughing when you posted this message to Bruce:
I sent Bruce Benn the following email on April 10, 2020. It is self-explanatory. I corrected one small typo in the text below and blocked out the name of my forum and those of three individuals who received copies of the communication, and enclosed those changes in brackets [].
Quote:
Mr. Bruce Benn
6 Gurdwara Rd
Suite 205
Ottawa, Canada, K2E 8A3
Mr. Benn,
I have begged you for at least six years to take the simple steps needed to increase VLDI's public values so your shareholders can survive as they wait for you to complete your business plan. You have continually refused to honor that reasonable request. Now, in the wake of the economic downturn caused by the Coronavirus, those shareholders are being destroyed by the fact that your unreasonable, irresponsible, self-serving silence has destroyed what little public value their stock had. Many of them are now being forced to sell their VLDI position at outrageously low prices just to survive, and you still remain silent.
Sir, that is TOTALLY unacceptable.
As you know, your shareholders have never asked you to reveal any of your business' secrets or proprietary information that would derail your plan. All they have ever asked you to do is to tell the world at least as much as you have told those of us who have had private communications with you.
Over the past six-plus years, you have sought my opinions, responses and input regarding the subject matter of your multiple communications. As a result, I have apparently been one of the few shareholders who has been privileged to receive via telephone conversations and email, private clarification from you regarding your public disclosures. All your shareholders have ever asked of you is that you extend [to] them the same privilege via public shareholder updates and press releases that could support a move to tolerable share values. Yet you have continually refused to do so.
From the beginning of our relationship, in my effort to serve your requests, I asked numerous times that you place me under an NDA, and you refused to do so. And in a misguided sense of obligation to you, I voluntarily agreed to remain silent even when it was obvious that doing so was not in the best interest of VLDI shareholders at the time. However, in light of this new level of suffering and anxiety brought about by your continued silence even in the face of the recent extreme economic challenges, I can no longer justify doing so.
Since I am not under an NDA, I have no legal obligation to you or VLDI to withhold information I have received from you or have uncovered on my own in my due diligence efforts. And I now feel that the time has come for me to share with my associates and other interested parties all that I understand to be true and accurate about your efforts to monetize ValidianProtect and maximize VLDI's public and private valuation.
Therefore, effective May 15, 2020, I intend to post on the Investor's Hub a public notice that I have created a thread on [my private forum] that will be open to anyone who accesses [the forum's web address]. The purpose of the thread will be to make available to all interested parties 100% of my due diligence regarding VLDI and ValidianProtect, including:
• Email communications and notes from telephone conversations and MP3 files of those conversations between you and me that will clearly show I repeatedly requested that you place me under an NDA and you denied the request
• All written notes and commentary from all of the conversations I have had with you between September 9, 2013, and December 13, 2019.
• 120 MP3 files of the audio recordings of each of those conversations (Yes, they are legal in Texas)
[I now have 123 MP3 files]
• All of the unsolicited PDF documents I received from you relating to VLDI and ValidianProtect
• The PowerPoint presentation you used in the public presentation you made in Florida several years ago that you subsequently refused to share with your own shareholders
• Your business plan that you sent me, unsolicited
• All of the emails that have passed between us as we worked on the text of the 8 press releases we wrote together
• All of the emails I sent to you in which I outlined what I believe you are doing
I regret that this action has become necessary, but you have left your shareholders no alternative but to protect themselves from your outrageous business plan that is apparently designed to only benefit you and your closest associates.
None of this would have been needed had you simply honored your fiduciary responsibility to your shareholders and supported VLDI's public share values with timely information regarding the negotiations, contracts, product installations, product test results, debt settlements, and revenues you have alluded to in nearly every one of our private conversations.
Saddened by this necessity,
[my name]
[my phone number]
[my email address]
Hard copy sent via USPS
CC: [the names of three VLDI investors]
Current members of [my private investment forum]
I can't imagine anything funny and hilarious about VLDI other than those that still believe after all the years of failure to secure a single real ongoing revenue producing client.
Now that is funny, since I thought Bruce has been telling everyone willing to listen what he has accomplished or at least what he would like investor believe what he has accomplished over the last 10-20 years. I guess the faint praise from Rafael was an accident that should not have happened over 4 years ago and so were the radio talk shows from even further back in time.
Yes VP is the best kept secret. Too bad Bruce is so good at keeping it a secret.
Yes, I totally dumped shortly after that launch announcement that did not happen. To be exact I dump what I had remaining right after the Ganthet Shame was announced. Yes 5 year later and my other investments have done very well while VLDI went to zero. So for your sake I hope you are right and you get a great Xmas present, but I would not hold my breath based on past performance, especially relating to sales that never materialize into ongoing revenue. What I find interesting is that Bruce never explained what happened to all those deals in PRs about sales and potential sales that never materialized.
Bruce Benn, Chief Executive Officer of Validian, commented, "Ganthet has built a very impressive mobile messaging app that is an excellent showcase of Validian's technology, which promises to obtain traction in the security and privacy conscious enterprise, government and consumer sectors. Ganthet is one of several companies that have installed and successfully tested Validian's technology during the past 2 to 3 years. We look forward to announcing more revenue generating transactions for these companies during the rest of 2016 as well as during 2017."
If this were true Bruce should be raked over the coals for letting VLDI go dark and forcing many investors to sell their shares. On the other hand some are still waiting for the global roll out expected in Q2 0f 2016.
Validian's OEM Customer has deployed the Beta to an initial number of end users during this month and have a growing list of customer orders and prospects in their sales pipeline. Roll out will continue through this quarter onwards with a global launch scheduled for Q2 2016.
predicting dates with VLDI is a fool's effort
Yes, I can't stand when people are taken in year after year by Bruce's promises and lies about sales that never materialize. Some common sense and logic goes a long way when it comes to investing in a penny stocks, because the majority are mostly mom and pop operations with delusions of grandeur. So why after all these years of financial reporting late with extensions but reporting nevertheless has he let VLDI go grey? The signs are increasingly evident where VLDI is heading or rather where it has already landed, just surprised some still believe the spin meister after all these years of failures to get a single client to commercialize the product.
Too bad that Bruce doesn't care.
So if they have it wrong about VP which I believe they do not Bruce would be on the ball to correct them but obliviously he can't.
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If the first statement is true the rest follows, LOL
I guess I was not clear. No one posted a independent comparison someone simply pick two different companies and looked at them side by side based on "available information". Like I said before if their information is incorrect on VP all Bruce has to do is to do is provide correct information supported by detailed facts. Obviously he can't do that because no one has integrated the product other than for testing and their are no real ongoing revenue producing clients. That is a Fact!
The comparison is simply based on the available information of any product or products listed on the site. Obviously there is very little information available on VP. Guess why! No one knows the product and/or there are no clients willing to indicate they have integrated the product and/or are willing to write a review.
If Bruce has contrary information he should update them.
VP no integrations no reviews. Yes too funny
https://sourceforge.net/software/product/Validian-Protect/
Why would anyone be comparing VP to CRWD? Why would anyone compare a Porsche to a Yugo unless they do not know what a Yugo is. The comparison is very enlightening to the VP short comings.
Did you read the comparison VP comes up lacking across the board especially with no support either on line or off line. . BTW you can compare any two to 4 offerings, no serious reviewer comparison at all!
No it is sad that Bruce was not willing to keep VLDI as a fully reporting company and allowed the stock to go to the grey markets. Way to many negatives that outweigh any minor positive. The odds have been and continue to be against this company as long as it can't commercialize a single product with a real revenue producing client with millions of end points.
Now why can't VLDI get a customer endorsement like this?
A week after we installed the Waratek solution we got hit with more deserialization attacks," the CISO says. "Because of Waratek's solution, the attacks were immediately stopped, and the solution automatically alerted us to the attempt. All of the hacker's malicious scripts failed, which took us to a new level of confidence - the Waratek virtual patch is providing the protection we need, better and faster than we ever thought possible.”
What is interesting is to do searches on the other companies mentioned in the article like Waratek and to discover they have a list of partners including IBM, Google Cloud, Azure just to name a few! What does VLDI have as far as partners?
Here is a recent PR that mentions VLDI along with other companies in reference to "Runtime applications Self protection".
https://www.openpr.com/news/2396268/runtime-application-self-protection-market-exhibits
Nothing really new here since VLDI was mention a couple of years ago in reference to runtime applications.
And why wouldn't VLDI put out any PR about it company on its Website. Who care who put it out as long as it is positive. Rafael's PR was not put out by VLDI but by Rafael.
It is not rocket science yes it is Sesame Street!
And why wouldn't VLDI post its press releases on its website? Yes sesame street!
LOL
Ottawa, May 19, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Validian Corporation (OTC: VLDI; “Validian” or the “Company”), a leading innovator in cyber security technology, today announced that it has incurred unforeseen delays in filing its Form 10K for 2019 due to COVID-19. Validian is working diligently to complete and file its Form 10K for 2019 as soon as possible and upon filing will be fully compliant again. Upon filing its Form 10K, Validian will then proceed to complete and file its Form 10Q for Q1 2020 as soon as possible t