I need some help on LINE. It looks like its operation is still losing cash, where is the dividend cash coming from?

What is the history of the company prior to 2003? Did it go IPO in 2006?

Thanks in advance.

How many shares (or %) are required to force for a shareholder's meeting?

Market has spoken. The NR says nothing credible. It is merely a bunch of intentions.

Roger,

Thanks for sharing your professional grade effort on investing in VLXC.

I trust that you'll continue to share with the thread until the end of the story.

Respectfully,

George

Are you sure Matin is or will be around to be sued? I guess he might have got his escape route all planned out with money he allegedly has robbed and stolen.

Justice is way more important than the total $1.6 market cap. If Matin gets away, VLXC still goes to zero anyway.

Effective and timely justice might even get more than $1.6 million penalty back from the criminals.

I'm still holding a VLXC bag with huge (in %) loss. To add salt to my wound, I transferred my VLXC account from ETrade to Fidelity at year end. I just found out Fidelity charges a lot for trading trash like VLXC. So, I guess I'd just let it die naturally (go to zero) in my Fidelity account, or sell one day at greater than $1 (miracle required).:)

You are convincing. And I'd like to hear what you have to say. Your alias was just created on 12/28/2007, but you speak with volume on VLXC. Could you tell us more about your experience with investing/trading, and specifically on VLXC?

Have you just changed alias from another?

Nothing wrong with bottom fishing. However, be advised that AMT and VLXC were and are two entirely different animals in entirely different animal kingdoms.

Technically, VLXC has not really bottomed out yet. I mean the volume has not been huge that often associates with a reversal. Any bounce will be greeted with tons of overhead supply waiting to be sold.

However, since the dollar value of the trade at this level is so low ($4,950 today including double counting), I am not certain if the traditional technical analysis would prevail or not.

I do not even know how to guess what may lie ahead in the next 30 days.

This is my first time watching something of so many shares (share dilusion) yet at so low price and with no verifiable info to research on. I have absolutely no clue as to what might be in Matin's medicine bottle.

>>The whole system of these bottom rung companies needs to be overhauled.<<

Agreed totally. These modern day crooks or bandits are so skillful and masterful at what they do that they get away with stealing and robbery in the daylight. Even as careful as I have been, I have fallen as their prey.

A lesson I hope that I do not have to repeat.

Likely: taxes loss, Amant selling shares to get paid.
Unlikely: cash in to jump into other bargain, after all 600k share @ 0.07 is only $42k.
Worse bad news? Plenty. Another 100:1 reverse split (likely, just another cycle). Or, Matin gets arrested on criminal charges (not likely since he has been doing this for so long and has got away with it)

I'm bullish on MCZ too. However, last time MCZ traded above $2 was in May 2000, more than 7 years ago.

Chief Pilot:

Thanks for advice on HLYS. I'll buy in slowly if at all then.
Could you give me three picks of yours that you think are better plays?

Thanks in advance,
George

HLYS will be a nice value play soon.
I'm looking to buy tomorrow.

Fast share dilution = VLXC is living on selling shares.

Reasonable range if the numbers are credible.

Just Matin and friends should do it. After all, $2,000 would buy you more than 10k shares at this "give away" price.

In edit:

According to the release, VLXC makes $0.066/share this quarter, or $0.266/share on an annual basis. This is 48% higher than share price trading at $0.18 at the moment.

If this NR is anywhere near truth, the stock should have popped big time.

Roger,

Thanks for your recollection on 2003/2004 VLXC in a professional manner. I apologize if I ever hinted any wrongful accusation upon you in my previous posts. In fact, you are among a few posters on this thread that demand my respect.

VLXC is just trading like major bad news were imminent. Maybe, you can offer some possibilities of those bad news?

Thanks again,

George

Well, that is the reason why you think you know what is going on. Perhaps, you only know what Matin wants you to know? What if the share count is not 25 mm or 30 mm? What if it is (or is going) 50 or more mm and the share trades at 1-3 cents or even a fraction of a cent instead in the near future when something substantial come to light?

Can you or anyone recall or recount what really happened last time when the 100:1 reverse split took place?

Whatever positive you may argue for VLXC, the stock is trading like it's going belly up, or another huge reverse split is coming.

Unfortunately, I have to side with market.

I guess people who bought at $0.2-0.22? I'm waiting for $0.4 or so. Technically, VLXC enjoyed a mini break out with good volume today. $0.35 - $0.4 is within reach in a few days.

I shall be so happy to sell all my shares in my bag at break even which is way before $1. Anyone interested? (my offer is only good before the open market takes VLXC to the moon, say $1?)

Matin and insiders please note: the best bullish PR is meaningful insiders buying...

Bought POZN $9.51. Looking for a quick scalp.

Out POZN $9.94.

At low $2, RAE is an excellent choice for value play in my opinion.

Good call on RAE. Is there any news associated with this break out? I can find none.

Once HMC has positioned properly, I guess they will make sure management sets priority to comply with all regulatory requirements, and get back to major listing. This time it can be NASAQ national market, Amex or NSE.

As I said in my previous post, DHBT will get to at least $6.5-$6.8 quickly and keep it above that level as part of relisting requirement.

Are these schemes of transferring wealth from shareholders to management part of the fraudulent accounting and stock run up of 2004, and collapse of 2005 and 2006?

Do you think a big and powerful shareholder, such as HMC, is good for the company, and hence the small investors like myself?

Do you know the details of the poison pill?

Technically, DHBT is in a run away mode, probably has another point or more to go (my short term target $6.5-$6.8) before a rest.

I'm on a prolong trip abroad. I cannot watch the market actions during market hours. I'd appreciate your continuing observation of this little darling, and its recovery to health.

Thanks for the detailed technicals.

DHBT is getting a little too hot near term. We may have it attack $4.75-$5 area and then retrace and consolidate. That is my game plan for trading shares. Mid to long term shares stay put. I may even add to it if correction hits too hard.

No, you have it right. The end of May is it.

Actually, I like the actions a lot. It is under big time accumulation.

DHBT is likely gapping up to $4.5 at Monday's open.

Days of buying DHBT below $4 are numbered. Chart is screaming for a near term break out above $4.5.

This was the PR released on 03/08/2007 (exactly 3 weeks ago) on China project:

http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=109&STORY=/www/story/03-08-2007/0004542354&....

>>Veltex recently announced earnings of more than $70 million or .25 per share and assets exceeding $53 million.<<

I do not know what kind of numbers that Matin would submit when filling VLXC info into Shanghai Exchange data sheet.

But, as of today at 4:00 pm, 03/30/2007, VLXC share closes at $0.165/share. With 22 million O/S, the whole company is now valued (the only thing meaningful really) at $3.63 million.

I am challenging anyone (Matin and Macklem included) who has ever defended Matin and Macklem to step up, and tell us why market is so wrong.

I am all ear and would respectfully await your valuable information and analysis.

This was the PR released on 03/08/2007 (exactly 3 weeks ago) on China project:

http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=109&STORY=/www/story/03-08-2007/0004542354&....

>>Veltex recently announced earnings of more than $70 million or .25 per share and assets exceeding $53 million.<<

I do not know what kind of numbers that Matin would submit when filling VLXC info into Shanghai Exchange data sheet.

But, as of today at 4:00 pm, 03/30/2007, VLXC share closes at $0.165/share. With 22 million O/S, the whole company is now valued (the only thing meaningful really) at $3.63 million.

I am challenging anyone (Matin and Macklem included) who has ever defended Matin and Macklem to step up, and tell us why market is so wrong.

I am all ear and would respectfully await your valuable information and analysis.

This was the PR released on 03/08/2007 (exactly 3 weeks ago) on China project:

http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=109&STORY=/www/story/03-08-2007/0004542354&...

>>Veltex recently announced earnings of more than $70 million or .25 per share and assets exceeding $53 million.<<

I do not know what kind of numbers that Matin would submit when filling VLXC info into Shanghai Exchange data sheet.

But, as of today at 4:00 pm, 03/30/2007, VLXC share closes at $0.165/share. With 22 million O/S, the whole company is now valued (the only thing meaningful really) at $3.63 million.

I am challenging anyone (Matin and Stephen included) who has ever defended Matin and Stephen to step up, and tell us why market is so wrong.

I am all ear and would respectfully await your valuable information and analyses.

I wish I was in the same position.

Many poster probably think I am against Makem, but I am really not. I am just trying to respect Makem for what he is, no more and no less.

I suspect Makem is getting a free ride and trip to China. (of course, paid by VLXC) If this was true, it becomes questionable that someone claimed that Makem is not being paid a penny until VLXC share price skyrockets.

Makem is a professional in distressed asset. And just like a lawyer, he always gets paid one way or the other.