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"At the current price, VLXC offers great potential for high returns on investment. WAKE UP"
Do not worry, he darn well know it.
Wasn't expecting anything less from someone trying to accumulate at the best possible PPS.
What Alias will you use when you switch to selling your shares (at $1 or so)?
Re your last 3 posts:
LOL
LOL
LOL
IF you honestly consider buying in be aware:
1- This is a high risk speculation
2- Get used to gag some more!
3- Realise many in here are traders in disguise
ANSW:
Date, closing PPS, Volume
Feb-06-06 $14.49 222,700 (52 WKS High: $ 16.24)
Rawnut recommendation on March 15th (the oldest I can get to):
rawnoc_02 Strong Buy 03/15/06 06:10 pm
Yahoo! Message Boards: ANSW
Today $10.13 16,950 (52 weeks low $ 10,00)
----------------------------------------------------
ANSW : $0.90 to $0.50 = - 44%
VLXC : $14.49 to $10.13 = 30%
Rawnut recommendation
ANSW: rawnoc_02 Strong Buy 07/06/06 07:02 pm
VLXC: Strong sell (message board)
Let's admire a great analyst when we meet one! (LOL)
"Maybe my observations since $3.00 a share were bad."
You probably then ran out of VLXC shares and starting at working down the PPS so you could start accumulate again.
You probably accumulated when you were in the process of selling ANSW:
by: rawnoc_02 on ANSW board (Yahoo)
Long-Term Sentiment: Strong Buy 04/18/06 02:48 am
Msg: 7416 of 9011
Piss volume and look at her move.
There is no float out there, and we still have yet to be "discovered" - I agree.
It's mindboggling, IMO, what can and probably will happen when ANSW starts producing results to the bottom line that are as impressive as the ones they've reported to the top line.
The stock had just come down from $14.55 (early Feb) to $12.25 and Rawnut was pumping it.
Those having trusted his great advices now own shares at $10.46 last night and $10.13 tonight.
Market Cap(Th.) 78,284.64
Common Shares Outst. 7,728
Average Daily Volume 48,700
Earnings
Last 12 Months -1.10
This Yr. (Estimate) -1.10
I wonder if Rawnut is thru with his selling of that one?
Probably not since he seems still working hard (bashing) at accumulating VLXC at low PPS.
I never said Matin did not lie and often mentionned I did not know what this speculation will turn out to be.
I however never lied in here (as some trying to get cheap shares) admitted I own shares and did for a long time (no interest in pumping or bashing since I neighter plan to buy nor do I to sell (contrary to traders using this board to manipulate others).
As for bending over, no danger since I live more than 3,000 away from Matin.... me (May be after all, since you live close to him, does that advice help us understand your anger for Matin ??? ... I wonde ???)
"posters who have no stake in the subject"
I hope you do not refer to our Rawnoc? I know he does have quite a stake in Veltex and tries to add to his position before he let the PPS go and cash in.
Remember he is Jerk alright but he also tries to get more cheap shares ... and I KNOW that for a fact.
My reaction:
Someone should buy a better camera!
"Then it turned out Rawnoc was dead, right, 100%correct....any apologies? Nope."
once in a while, anyone can be right or lucky ! LOL!
"I will..... N-E-V-E-R buy a share of this POS going forward, nor do I own any shares".
Ho yaaa!
Why should we beleive that?
Chosing between being "considered naive" and being outright stupid (or is it hypocrit?) I will go wit the first one ... LOL!
Opinion for opinion, mine is that you try to scare people away from this stock, thereby getting the PPS at a levels which are the targets you set for yourself to buy a lot of shares.
I only wonder where you stand in your plan and how many shares you already accumulated?
Let me say that the way you would:
"I found out (do not ask me how) that Rawnoc has been accumulating shares at recent PPS and still intends to buy more if he can, thru his scaring posts, get the PPS at $0.50".
"A source I know and trust also told me that he knows for a fact that Rawnoc thereafter intends to turn around, say he met Matin and visited Veltex thereby finding out that he was wrong all the time, honestly beleiving what he wrote after he got his infamous pictures of an old unused office, he took for Matin's."
LOL! By the way, I do not even have a son! LOL!
Maybe you're just outright mad.
One has to wonder what motivated you to be that agressive with this stock?
Pictures for pictures, those of the show seem to tell a somewhat different story than those taken thru a window giving on an office, standing on a car in the middle of the night.
Do not take me wrong. I do not say this is a great speculation I just wonder why one would be so active at disparaging a business he isn't involved with in any way ???
LOL! As you know, I have been around for quite a while and heard this SEC menace at least 100 time noy counting the FBI, the state authorities and all other legal outfits that were advised time and time again about this ongoing grand theft.
If someone, anyone able to intervene had a look, it obviously found nothing worth putting Matin in jail or even stopping the scam to trade.
There is something wrong out there (may be even very wrong) but I do not think there is anything illegal (as a scam would be).
It's like my teenage son coming home with a new girlfriend not looking as great as some other women (I only saw her thru a window but ...). It doesn't mean she cannot make my son happy ...
Oh by the way, I haven't lost anything yet ... Haven't sold or been spanked yet. You therefore get fascinated by an illusion! Whatever turns you on ???
I have plenty of stocks way over my cost I haven't yet sold... Therefore I do not say I won yet.
Very simply because it's a speculation (high risk or hasardous as a lottery ticket may be).
However, notwithstanding your pictures (I wonder why you did not push your "investigation" further by visiting on business hours ???) I beleive that a business lies behind these shares (granted not the goldmine some may want to beleive), some other shareholders (close to Matin and Matin himself) probably will want to cash in at some point in time and my cost at below $1.00 makes it an interesting speculation to play with.
On my part, I'm puzzled by the amount of time and effort you spend trying to get me sell my shares (It reminds me of Matin recommending someone not very long ago to sell his shares???)
Stil, it summarizes it all quite nicely.
"he is convinced that pink sheet shareholders have extremely short attention spans"...
If so, I do not know if he beleives that about current shareholders or potential ones he hopes to bring in but in both cases, it's obvious that whatever their "attention spans" its long enough for all not to trade his stock in or out.
I also wonder but relative to why he continues to issue releases that obviously nobody cares about.
Take the content of that release, add the content of another one issued less than 15 days ago ("Veltex Corporation (Pink Sheets: VLXC) today reported their financial results for the first quarter of 2006.Gross revenue: $14,620,319.00. Cost of revenue: $11,699,491.00. Gross profit: $2,920,828.00. Javeed Matin, CEO of Veltex Corporation stated: "We are on place to achieve our goal of $85 MM in revenue and more than $13 MM in profit for this year as we anticipate continued growth and stronger sales for the remaining three quarters of 2006."
and then try to reconciliate that with a capitalization of (16,541,309 shares X $0.60) $9,924,785 ???
That tells you of Matin credibility.
One has to wonder why he keeps issuing these useless NR's instead of resolving whatever it is that stops him from normalizing the company ... one way or the other ???
Unless, this is effectively all BS and there is nothing worth much out there.
If so then, why does Matin keep throwing away money, issuing releases which obviously do not attrack shareholders?
This board is now as interesting as the RB one!
However since there is nothing to be discussed, having some take the opportunity to show their stupidity is not a surprise.
This only applies to those feeling it does to them!
"Good News in regard to Audited Financials"
Without this, everything else you mention is useless.
However for an audit to be produced (and I mean a real one this time) Matin will have to find a way out of the Bengladeshi situation which he still seems to look at AS IF we controlled it.
Till then, assuming he does generate some cash and if his story is partially right, I hope he (or someone in the know) is accumulating shares at current PPS.
If one beleives that only 16,000,000 shares are out there (excluding options, warrants or other gimmicks Matin may have used) current capitalization (market value of the company is only $10,000,000.
A relative of mine has a petshop worth more than that!
That means you are not fair.
You evaluate the assets of the company to $20.00 but only offer to buy the company for (17,000,000 shares X .0000001) $1.70 only.
Who are you tryimg to screw?
As I often said, I beleive that Matin had and may be still has a problem understanding the relationship between ownership and financial reports.
If however he does understand that now (most likely), then he doesn't know how to reconciliate past releases of financials which included numbers which should not have been in and current releases which would not.
"I am hoping to influence Matin to be more transparent regarding the financial information published."
Since you seem to think you could influence Matin, short of having him be more transparent regarding the financials, may be you can recommend him to just be transparent about the reasons making it impossible for him to have credible audits released ... for the moment.
I do not think so!
I think he never had a normal head to start with.
The worst part is that summer holidays are coming soon and these young crazy kids will have plenty of time to play with the familly PC and post stupid messages all over the place.
Young and dumb! What a pitty!
first, as you know I tend to generally agree with what you write in here but, each time you mention "previous years' Audited Financial Statements", I feel like reminding you that no such statements ever existed or those that were presented as such were either incomplete (excluding Bengladesh's financials) or disclaimed so much that no one could take them seriously.
This being said, my beleifs are well known in here and I do not have to repeat it once again.
I didn't know they were allowing patients to use pc's in hospitals for mentally retarded persons.
This was good advice MHO!
I however hope Matin ends up figuring out that outlining CREDIBLY the situation for what it realy is, is the only way this stock could be seen at its real value (and I mean more than currennt PPS but much less than the "10 times more" alluded to earlier).
He obviously knows that (or else ...) and the questions were, are and will remain:
"What stops him from doing the right thing?".
"What did he do (or not do) in the past that puts him so much at risk that he cannot (yet?) make the inevitable coming out he will have to do one day?"
Notwithstanding the pay he does collect, he somehow also want to see his shares be worth more than peanuts. Why can't he have them valued to reflect what (I beleive) they are realy worth? (my bet: between $2 and $3 after the issues are cleared).
"I bet u a pimp"
Dear Jane ... Looking for a job???
Forget it, you're too stupid, no one would want you around!
"you must have made a lot of greens"
I made 18 on saturday and 18 more yesterday.
"hehehehehehehe" as you say!
"You will soon see independent verification of this company by a well known business."
Refering to something specific?
I agree, except, talking to a wall you at least know you will not get a stupid answer. LOL!
I only respect those who are respectfull. Matin hasn't yet made it on my list and you will never.
I do not know who I makemoney or the others you attack are but based on how wrong you are with me, I know for a fact you are a frustrated, sour individual. Would be nice to know for???
"It seems that VLXC could FLY as HIGH as the SKY !"
At what hight does the sky start to be called sky? That is the question. LOL!
To the best of my recollection, about 3 years ago all revenues were coming from Bengladesh.
Since then Matin SEEMS to have worked hard and successfully at building up revenues in North America. Hopefully (???) in parallel, he started to claim total revenues gradually reducing those of Bengladesh.
My view (and it's stricly an opinion of mine) is that whenever North American revenues and profits do justify a PPS of 2 to 3 dollars (profit of $0.25/share or so), Matin will be able to PACKAGE a story which will allow him to normalize the company with minimum damages.
By the way that's probably why he recently suggested to someone having been around for a long time as a shareholder to sell his shares. This type of shareholder having followed the stock for years is the one that Matin would prefer not to have around when he finally decides to make up whatever story he will use doing his coming out.
Suggest you change your alias into: Jane-is-real-stupid. Seems it would better fit your posts.