Replies to post #22797 on Validian Corp fka VLDI

[Surwin]

The problem with that train of thought is that VP is middleware and it works with other cyber security software so there should be very little concern with its integration. I see no reason if it does what Bruce claims and was successfully tested that anyone would not step up to the plate. It simply does not add up.

You keep pressing the past but I can point out what I perceive to be other vendor failures and yet despite them, they have gone on to be quite successful. And yes, some have never been heard from again.

Tell me of one company that spent disappropriate funds on sales and marketing in relation to R&D during the development stage without a working product in the near term and in addition took over 18 years without a single real sales agreement.

I agree after Rafael recommendation and his correspondence with me that I had a better feel that there might be a slim glimmer of hope that VLDI might succeed in some small manner or form, but not a $20 or $44 stock. The problem is even with his recommendations there still does not seem to be much light at the end of the tunnel. Add to that five license agreements that went nowhere. Of course that could change with one real agreement but I believe that will not happen anywhere in the near future.

Some day, I speculate that VP will come into its own and be utilized

That is a possibility I will not deny, based on Rafael's recommendation, but based on VLDI financial situation it may come to other investors. I can't forget that the Preferred A were more interested in getting twice their money back in a liquidation vs a more lucrative exchanged ratio to common shares. I have never seen such a clause before in a financing package, But I have have seen too many times where insiders take over a company, do a rinse and repeat, own a bigger share of the company as a result and then succeed.

I have one last question for you. Have you ever see a Cyber security company that farms out all its R&D and has no inhouse development team and develops a product solely based on outsiders and run by a CEO that has no background in the the cyber security world?

There are definitely a few positives that keep many here as investors, but there simply are too many pieces that do not add up or make sense which keeps me lately on the side lines. I was serious when I stated that the Ganthet deal was the final nail in the coffin to sell my remaining position and I am glad I did. That was mostly because of Bruce's own failure to disclose his relationship with Ganthet and taking funds out of VLDI in cash. That opinion was further reinforced by Ganthet's own failure to launch a product two years later. Yes Ganthet does not plan to launch a product like VLDI they expect to be bought out! I can't help laughing over that one.

There is a very slim change I am wrong, so I just stay around looking for additional credibility or the lack thereof to either change my opinion or validate it. Too bad I get more validation of my current opinion and almost no credibility of the VP other than Rafael's opinion. That too could change if they present at the next RSA and receive great reviews.

I learned a long time ago in the stock market to always expect the unexpected. Also if something does not make sense it is usually time to get out.

I do look forward to being wrong, since there will be penalty of time to get back in.