Until they complete field testing with a potential client
Until they complete field testing with a potential client that leads to actual revenues Bruce's PRs are always the same, field testing and no one willing to step up and put the product into revenue service. You can go back 3 years and I can post the same PR which sounds like they have actual sales which never materialize.
OTTAWA, October 30, 2013
Quote:
Validian, over the past several months, has made significant progress developing its next generation cyber security technology. Announced in September, Validian completed the development of its Version 2.1 server component, client component and SDK. As a result, the Company is now in the process of installing these at a number of its customers and channel partners during Q4, 2013 to secure non-mobile applications for the defense, government and health sectors.
250,000 independent mobile application developers, a community responsible for developing 1.3 million mobile applications to date. The Company has already seen substantial demand for its technology from this growing market. It is their mobile applications that help drive the sale of mobile devices and will help Validian garner its highly coveted end-points. It is estimated that each mobile application will generate an average of from 500,000 to 5 million revenue generating end-points for Validian
Validian remains confident that it is on the right course for commercialization and revenue generation in the short term. Installations for non-mobile applications have started and will continue through this quarter and during 2014 with revenue generation commencing after the initial evaluation and acceptance of each installation has been completed. Installations for certain mobile applications will commence this December with Validian's “Mobile App Developer SDK Give Away” campaign commencing during Q1 2014
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Validian Corporation (VLDI) Stock Research Links
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