The revenue comprised
To offset the risk of some Ganthet shareholders, who also are Validian Note holders, prepaying
The balance of the revenue of
Future licenses will continue to be structured to the requirements of each customer and may be based upon the above structure, a subscription on a SaaS (Software as a Service) basis, or an enterprise license for a set license fee for a set term plus an annual fee for service and maintenance approximating 20% of the original license fee.
Shares issued and outstanding have increased mainly due to conversions of some unsecured convertible debt, but the fully diluted number of shares issued and issuable has not, even though
“The year 2016 was significant for
The Company provides solutions that can be customized to the client’s business process to ensure end-to-end authenticity, integrity and custody of high value digital assets.
Visit http://www.Validian.com for more information on its digital asset solutions.
Safe Harbor Statement
Investors should carefully consider the information contained in this news release before making an investment in the shares of the company. Information contained in this news release contains “forward looking statements”, which can be identified by the use of forward-looking terminology such as “believes,” expects,” “may,” “should,” or “anticipates” or negative thereof or given that the future results covered by such forward -looking statements will be achieved. The preceding matters constitute cautionary statements identifying important factors with respect to such forward-looking statements, including certain risks and uncertainties that could cause actual results to vary materially from the future statements. Other factors could also cause actual results to vary materially from the future results covered in such forward-looking statements.