November
30, 2005 1:31 PM
To: IR
Subject: Interest in your company
Dear Investor Relations:
I am interested in Veridicom. I've reviewed information on your
website and several other sources and am surprised a the decline in
your price per share. Did GITEX 2005 in Dubai produce any results
through Mobility? Similarly, Biometrics 2005 London, UK?
I would think that these venues would help the price of VRDI, not hurt it.
What is the current number of shares authorized and outstanding? Have
these numbers increased substantially in the last qtr?
Sincerely,
Itchy
response
Hello and thank you for your email..
Yes we secured interest and in fact orders from Gitex as well as
Biometrics 2005. last week we secured ordered from the US as well.
However the decline in the stock price is a direct result of a entity
shorting the stock and the forcing a conversion. this is a company
that provided us funding and now feel that is is easier to drag us
down and sell of the assets that see us succeed.
The share structured is the same as the last filing and has not
changed at all other than the conversion of approx 700K of shares by
the funding group in question.
We are currently looking for investors that are interested in helping
Veridicom so if your interested in the company from an investment
point of view this is of course a good time.
If I can be of any further assistance please do not hesitate to contact me
This email has been digitally signed by Vpas and using VKI for more
information on how to secure your email go to www.veridicom.com
------------------------------------------
17 Jan
VRDI has been on the sho list, financiers wanted to create volume so
they could get shares for conversions(based on average volume) If you
look at the chart prior to the huge drop it had no volume. So naked
short it and dump shares. They got their volume and did conversions.
Those shares have been sold on the last run and during the period of
consolidation following.
Rumor is there is a Standby agreement until Feb 13. (Meaning no
converions or dilution) Gives VRDI time to refinance, buy them out.
VRDI market cap based on .06 and 15 million shares is only 900K. Thats
right $900K . For the sake of arguement lets say the OS is 30 million
then the market cap is $1.8 mil. Way undervalued.
Some of VRDI key stats
Price/Book (mrq): 0.31
Book Value Per Share (mrq): 0.2
Total Cash Per Share (mrq): 0.036
Qtrly Revenue Growth (yoy): 50.50%
33 Patents on technology developed by Bell Labs and Lucent(VRDI is a
Lucent spinoff.)
With cash per share of 3.6cents and its trading at 6.0 cents that
alone makes VRDI a rediculous bargain.
I look for a strong quarterly and year end report with record revenue
growth.
The FEB 13 Stby Agreement gives this time for a huge run fueled by
good news and SHO covering.
------------------------------------------
RDI fingerprint scanner ubs storage key, fits in your pocket.
coming to a store near you. Proprietary technology. Imagine if you
lose it nobody can access your data. link.
veridicom.com
------------------------------------------
VRDI DD Spun off from Lucent in 1997, Veridicom has consistently
broken new ground. We developed the world's first production-worthy
silicon fingerprint sensor, and took it into volume production. We
were the first to show how strong personal authentication based on
fingerprints could enhance and enable a wide range of applications. We
were the first to deliver a more secure Web authentication
infrastructure, with a unique combination of fingerprint sensor,
digital certificate, and smart card technologies.
In short, Veridicom is a world leader and developer of
fingerprint-based personal authentication products and solutions.
-------------------------------
25 Jan 06
VRDI Todays trading in review. previous close .054
50,000 shares traded premarket @.056 continued buying all morning as
high as ..06. The previous support at .06 is now resistance. Mixed
selling in the afternoon mid to upper .055-.058. Overall the price was
still positive for the day. Then late in the day 2.5 mins prior to the
close the bid is lowered to .0521 ask is .057. 2 mins later (8 seconds
prior the close)mm executes a trade @.0521 on the bid for only 2500
shares. Effectively painting the tape. What was buying daying appears
as a huge sell day. More significant 10 mins after the close 425000
shares bought at .055.
stockcharts.com[m,a]daclyyay[pb50!b200][vc60\
][iut!Uf!Lg]&pref=G
As seen on the chart the BB bands are squeezing down hard. This
usually preceedes a big move.
The Parabolic SAR hasn't signaled just yet.
stockcharts.com[h,a]dacayyay[ph.02,.20!d20,2\
][vc60][iut!Uah12,26,9!Lf]&pref=G
I've seen just about trick some several times over.
mm's trading a stock tend to be creatures of habit repeating patterns.
Before the last run on VRDI .05-.35 mm's walked it down on an intraday
shake to .02 then 3 days later bam off to the races.
Rumor is Stby agreement till Feb 13 on dilution. True or not the OS
has remained steady at 31.4 million for the last 2plus weeks. Big
volume day today should continue tomorrow.
VRDI is way oversold, undervalued, underplayed.
I'm here to change all that.
---------------------
26 Jan
motorcitykid agreed VRDI volume should keep building, once the chart
gets fully turned people cluebags will fill up real fast, so will the
demand. My buy order at the end of the day above the ask for a 100k
AON not getting filled indicates shares are drying up. VRDI has been
on the SHO list for over 20 days. Short covering combined will all the
other factors we could see a very good run.
stockcharts.com[m,a]daclyyay[db][pb50!b200][\
vc60][iut!Uf!Lg]&pref= |
