SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Delsecur or Grandeur (GDER-OTCBB) DEL-ID for Ecommerce
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Trader$Rader who wrote (263)12/16/1998 8:03:00 PM
From: Rob S.  Read Replies (2) of 384
 
I wouldn't pass judgment on the management this early in the game. So far they are doing what a small technology development company should be doing: step-wise development of their product while they line up major industry support. This isn't the glitzy sort of stuff some investors would like to see - talk of bank buyouts or acquisitions by major industry players at this stage are ridiculous and should be ignored as highly speculative. What the company is doing is getting the product built and evaluated by major design authorities and industry participants. Like most startups, delSecur does not have the resources to attempt doing everything at once. That would be foolish.

Here is a previous discussion that outlines the strategy:

"Preliminary testing of the device used to demonstrate the concept is now complete. Results to date are encouraging and the clearly innovative nature of delSecur's analog approach is most promising.

Commenting on the conclusions of the CRIM report, Pierre de Lanauze,
President of delSecur notes that ''this is a very important stage in the development and implementation of our technology. That CRIM has agreed to be our partner is eloquent testimony to the seriousness and importance of our work. These are experts, tops in the field of design and computer security, and they have given the green light to our project. Their approval gives our technology the recognition. and credibility crucial in the ID authentication industry. We are now ready for the next step ... and we'll very soon be ready for pilot projects in partnership with the large companies that have already
shown interest in our technology.''

Back in March 1998, delSecur announced the signing of an agreement in principle with Tianjin Global Magnetic Card Co Ltd, the giant Chinese enterprise whose commercial interests include printing of the bank notes of the Peoples Republic of China and exclusive management of China's VISA and Master Card operations throughout China.

The scientific evaluation of the basic concept was the first step in a
three-step process. The next step is a case study using the platform of a consortium subsidized by the European Economic Community, Hitachi, CRIM and delSecur. The last step is to conduct pilot projects with international firms that have already shown interest in the technology - including multiple simulations, commercial applications and industrial product design.

. . . Work has already begin on steps two and three."

If this were a situation where the company was hyping, they would not be going through these channels of development but would do what others have done - hire a stock promotion company and then release a bunch of wild statements about how they plan to capture huge market share with some yet to be announced product.

IMO, the steps delSecur is taking are the right ones - get the product built and thoroughly tested in a stepwise fashion and the product agreements will follow upon that success.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News