Validian Corp (fka VLDI)

[Surwin]

At this point the only thing I find encouraging is the VLDI chart. It does show the beginnings of a positive breakout potential. Accumulation seems to continue, but I sense that it is beginning to run out of steam since it has been in a up trend since the middle of December 2014. The highest close has been around .044 since the beginning of March so I see the next level of resistance is for a closing price above .044. A close above this level just may what is needed to confirm a bottom has been put in.

I will be interested to see the first qtr. financials to see if any more debt has been converted into common and if they raised any money for the announced major marketing event. These events are not cheap and as I pointed out before they will have to probably raise a good amount of cash to kick off a major marketing event, JMO.

Just for information I do have sales material from VLDI that claims they are in the process of rolling out their software. That exact quote is:

Validian is now deploying its technology to numerous sectors generating increasing number of Valdian secured end points.

If there is any truth to this statement I would view it as the first bit of positive information, but like anything I would like to see official confirmation if this is a fact. Something along the lines that they now have X end points secured with Validian software.