I glad I am not an investor buying on happy thoughts, since there are none. The facts speak for themselves, if lucky VLDI may have some revenue in the second qtr., but they will probably miss that date, especially since they hedged themselves by saying in either the 2nd or 3rd qtr. VLDI has only two salesmen, one in the USA and one in Canada, and not one has been able to close a deal with revenue. How many beta tests and no one buying the software. They claim the sales lead time is 4- 8 months, which seems ridiculously high. All that I can say is VLDI has disappointed at every turn and continues to do so. There are no happy thoughts only warning signs that these guys will fail and that even if they succeed, there is nothing stopping the competition from copying their technology, since they have nothing patented. How in the world can anyone have happy thoughts. I always thought they had a good chance at succeeding, but after the year-end financial statements I have to say things are much bleaker than I ever thought. Huge dilution of over 30%, no end points, no revenue, no sales, and no game plan to turn things around. At this point the technology as good as it may be is irrelevant, since no one is buying it. I do not see any happy thoughts in the cards for a very long time.
