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The Total Volume of Trading, if We Add Up Each Day's Volume for the LAST SIX MONTHS, is About a bit Over 600,000 Shares Traded, AFTER September 17, 2021, Where Veltex Traded At $1.00 Per Share, Many of those 600,000 Shares Traded ABOVE 0.70. Very Small Amounts Traded BELOW 0.65.
There are about 80 Million or so Outstanding Shares, Mostly Held by The Corporate Officers and Board of Directors. 600,000 Shares Volume Traded, Especially Over Six Months of Trading, is a Very Small Percentage of Outstanding Shares. It's Not Even One Percent of Outstanding Shares.
So, Please, We All Gotta Understand that We Will Start Taking the Quoted Price Seriously, Only When the AVERAGE VOLUME is in the Hundreds of Thousands PER DAY, NOT 600,000 TOTAL VOLUME OVER SIX MONTHS.
We've Had So Many Days of Volume Under 10,000 Shares. Many Days Under 5,000 Shares, Under 1,000 Shares...So Many Times We See Trading Days of 500 Shares or Less...Whatever the Quoted Price for those Kind of Extremely Low Volume of Trades, it's Certainly Pretty Hard to Take the Stock Quote Seriously.
As far as Trading Volume, There's Really Not Much Going On...Not Much to Be Concerned About Regarding Trading Volume...Our Main Concern is REVENUES, Which Has to Pick Up, But We Understand that It Takes Time to Build, and We Believe that We're in Good Hands with a Dependable and Professional Veltex Team.
Best Wishes,
Gratzi
Volume is Too Low to Worry. When the Buying Resumes, and Were Confident that Buying Will Happen in the Near Future, Veltex's Stock Price Will Fly Up Again.
Total Volume of Trades, according to Data Provided, for the last Six Months (about 600,000 Shares Trades last 6 Months) Shows that the VWAP (Volume Weighted Average Price) is Much Higher.
It is Foolish to Panic about Very Small Trades.
Remember, Not All of the 600,000 Volume of Trades for the Last Six Months Was Selling..There was Buying on the Way Down Too.
So a Handful of Investors Pulled Out to Take Profits, and We know for a Fact that Some Pulled Out Because They Needed the Money for Personal Matters Unrelated to Company Performance.
Volume is So Low that ANY Sales, No Matter How Small, Pushes Down the Price Dramatically.
Fundamentals is All That Matters. Of Course, Revenues is a Frustrating Issue For Now...But We're Expecting it to Improve in the Next Couple Quarters.
We Have No Choice, We Have to Be Patient.
Best Wishes,
Gratzi
Exactly What We're Saying, Volume is Too Low to "Bellyache".
What We Find Frustrating though is that So Few Investors are Aware of Veltex Corp.
One would think that the Tour of Veltex Recovery Group, Back in September or so, would've Created Quite a Bit of Investor Interested in Buying Veltex Shares. They just seem to just want to "Sit on the Sidelines"
Best Wishes,
Gratzi
Looking at the Graph Showing Volume and Price, We see how Obvious that Seller(s) Do Not Want to "Let Go" of Too Much of Their Veltex Shares...They're NOT PANIC SELLING AT ALL. On the Contrary, They Seem Quite Hesitant to Sell Too Much at a Time...They Sell a Very Small Amount of Shares...Seems that They Fear That Veltex Stock Will Fly Up.
Seller(s) are Selling Only Tiny Bits of Veltex Shares at a time...Imagine, Someone Wishing to Buy has Got to Be Very Frustrated at Knowing that He Can't Buy That Low Actually as the Buyer has to Be Willing to Pay More than the Quoted Price when Buyer starts Buying just a Few Thousand Shares at a time.
We Dare Anyone to Try to Buy 30,000 Shares or More on Any Given Day like the Recent Days where Average Volume for the last Six Months is Extremely Low.
This Shows that There's Actually Pressure for Veltex to Move Upward Rather Quickly, Even When a Very Small Buyer Enters the Field.
Let's Continue to Try to Be Optimistic by Considering that Current Seller(s) is Insignificant. Especially, Once They're Sone Selling, Then We'll Have Happy Days Again as Veltex's Stock Flies Up.
Remember, there was Buying Near One Dollar Per Share in September 2021, as Someone Really Wanted to Get Some Veltex Shares Fast!
Best Wishes,
Gratzi
We'll have to come to grips with the Likelihood that it could take at least a Few More Months, Or Longer, for Operations to Get Going, and it Still Might Be Small Scale By Then as well.
It Takes Time to Get the System in Place...Management Adheres to the Philosophy "Start Small" to "Smooth Out any Kinks". It's a Strategy of Proceeding with Caution.
Eventually, We Expect the Rehab Biz to Grow Nicely...But it Seems at a Slow Pace...Slowly But Surely Hopefully.
Would Be Nice, if in the meantime, there was a way that Many Other Investors to Buy & Hold, and Join In On the Conversation, Besides Just a Handful of Us Here on this Stock Forum.
Best Wishes,
Gratzi
Mikester, Good Point that Possibly a Major Shareholder, or More Than One Shareholder are Scattering Their Sales Over Time, and Because There aren't Enough Buyers, the Price is Being Forced Downward.
Sooner or Later, the Selling, We Expect, Should Stop. Then Things Will Turn Around. Especially When Veltex Acquires Enough Funds, by way of Generated Revenues, to Proceed with the Stock Buyback Plan...Then We Will All Feel Our Day of Great Joy Has Arrived...Redemption, Liberation from this Suffering Due to the Combination of Low Trading Volume and Mostly Selling.
We Believe, in a matter of Months from now, We'll Be Celebrating Big Time, With Immense Gratitude to the Veltex Team for Generating Significant Enough Revenues that Enables and Facilitates the Stock Buyback.
We Would Just like some sort of Clue about How Soon the Stock Buyback Will Happen. That's what We Really Need Now...A Clue in the Form of a Press Release about Impressive Revenues will be analogous to Seeing the Light at the End of the Tunnel.
Best Wishes,
Gratzi
Can We Ask "Who's the Dumb-Ass that's Selling?"?
Hopefully, Soon, Veltex Will Update Us with Something Encouraging.
It Seems that We've Been Waiting Too Long...We wanna hear about Revenues.
Best Wishes,
Gratzi
Yes, Certainly Getting Pretty Freaky.
Only Thing that Makes Sense is that There Must Be Some Kind of Bureaucratic Delay, or Covid Delay perhaps?
We This Fog to Be Cleared So the Veltex "Rocket Ship" Could Soar...We're All Getting Restless.
It's Definitely a Frustrating Time for Us, Especially because We Feel Enormously Teased by the Stock Price Having Flown to a Dollar in September 2021, and for months it Slipped Down. Good News is at least there isn't much Selling as Trading Volume is Extremely Low.
Also, We're Well Aware that the Fundamentals Show that Veltex is Poised to Fly. Especially with All the Opioid Litigation and Settlements that seem to Bode Well for Veltex, it's a Very Encouraging Point.
We Feel that Good News may come soon...maybe the Next Quarter Everything Will Be Much Better as We Feel that the Veltex Team is in Great Shape to Enhance Shareholder Value...Of Course, it all Depends on What Revenues Will Be.
Best Wishes,
Gratzi
What Boggles Our Minds is We're Wondering How Only a Few of Us Know about Veltex.
We were thinking that by now there should've been at least Hundreds of Followers of Veltex, Considering the Tour(s) of Veltex Recovery Group in Mt Hope with Representatives of US Senators of West Virginia, Other Government Officials, Local Press Coverage, Employees, etc.
It's Kinda Confusing How the Fundamentals are Impressive, the Veltex Team is Dependable and Professional in Our Opinion, Collaboration Agreement with the State of West Virginia, Joint Venture, etc, Yet, Why is Trading Volume So Low?
Why aren't Investors Hearing about Veltex?
Also, We Have No Idea about Revenues? Based on the Lack of Trading Volume, it Seems that Buyback is Not Happening due to Insufficient Amount of Revenues.
We Still Expect Great News as far as Revenues Soon. It's Just that the Waiting Around Gets Frustrating and Confusing.
Looks like We have to wait Until the End of April 2022 or later for the Financial Statements to Find Out How the Rehab at Mt Hope, WV is doing, right?
Will there be Any Announcements About Veltex's Status Soon? (Occupancy at the Mt Hope, West Virginia Rehab Facility, or More Agreements for example)
Best Wishes,
Gratzi
That's Almost as Cool As $VLXC
$VLXC NICE STOCK TIP! Check out the Fundamentals:
1.)Impressive Revenues Expected via Flows from Opioid Litigation and Settlements in the Billions of Dollars.
2.)Deferred Tax Asset Valued at about $60 Million Dollars
3.)Stock Buyback Plan
4.)Lobbyist
5.)US Senators and Government Officials Endorsing Veltex Pledging Support.
6.)"Dr Harry" on the Board of Directors
7.)30,000 Square Foot Rehab Facility Unencumbered (Paid For, No Liability Owed)
AND MORE!
Visit the Veltex Website at https://www.veltex.com/
Veltex is Extremely Undervalued as the Deferred Tax Asset is Worth about $0.75 Per Share...
Veltex is a Relatively Unknown Treasure.
If You're Going to Try to Purchase Shares of Veltex Corp Stock (Symbol: VLXC) it's Advised to Set Your Limit Order Above the Ask Price to Make Sure You Get Your Order Filled.
We Expect VLXC to FLY UP SOON.
Best Wishes,
Gratzi
VLXC Check Out VLXC...It's an Unknow Treasure. A Sleeping Giant. It's Extremely Undervalued. The Deferred Tax Asset just by itself is Worth about $0.75 per Share, Yet VLXC is Trading Below that.
If You're Considering to Buy VLXC, Just make sure to Set Your Limit Order above the Ask Price to Make Sure You Get Your Oder Filled.
VLXC, Currently, is a Thinly Traded Stock that's Expected to Fly Up.
The Rehab Facility is Ramping Up...Massive Revenues Expected to Flow from the Billions of Dollars of Opioid Litigation and Settlements
Best Wishes,
Gratzi
Jasper, Well Said that It All Pretty Much Comes Down to Revenues.
If it Could Only Be as Simple and Predictable as Life on The Farm with the Following:
Cows Will Produce Milk
Chickens Will Lay Eggs
Rain Will Feed the Crops
Maybe Soon We'll See a Revenue Stream that Will Lead Us to More Certainty, and Predictability, that Veltex's Rehab Will Continually Generate Revenues, Leading to Implementing the Stock Buyback and therefore Veltex's Stock Price Flying Upward.
It Does Seem Possible, the aforementioned
Predictability of Veltex's Stock Price to Fly Up, as Veltex Has a Great Team in Place.
Maybe Very Soon We'll See a "Sign of Life" as Far as Revenues, which Will Be Very Encouraging.
As Each Quarter Passes the Likelihood of Success Should Be Higher as long as the Veltex Team Continues to Move Forward.
Best Wishes,
Gratzi
A Couple of Things to Keep In Mind:
1.) Volume is Way Too Low to Warrant Any Concern
2.) Fundamentals are Impressive.
Best Wishes,
Gratzi
Nature Lesson and Veltex:
A Bear Hibernates in the Winter, But We Know that When the Bear Wakes Up the Bear Will Be Ready to Growl, Wave its Sharp Paws, Showing its Strength...Just like the Hibernating Bear, Veltex's Stock Price Will Rise Up from its Hibernation Phase, Bring Forth Good Tidings, Our Good Fortune Wishes Fulfilled, as Veltex Will Show its Strength (Revenue Growth, Expansion, etc)
We Can't Mess With Mother Nature...So Let Nature Take its Course...With this Spirit and and Attitude of Faith, We Believe that it's Only Natural that Veltex Will Have Great News Bringing Great Profit to All Loyal Veltex Shareholders.
Best Wishes,
Gratzi
mavirob, Well Said. To reiterate Your Point, that Many of Us Agree with You about, and as We've Been Saying, Most Significant Investors of Veltex Plan to Hold Onto Our Shares of Veltex Until Either Veltex Shares Fly Up to Much Higher Levels, and/or a Merger Takes Place.
We Have an All Star Team at Veltex...and Veltex is Determined to Keep Adding More Value in the Form of Expertise and Connections with Even Greater Opportunities.
Veltex, We Feel, is Growing in an Impressively, Positive Direction...and Eventually the Stock Price is Expected to Reflect this By Growing to Much Higher Levels, Thanks to Our Dependable and Professional Veltex Team.
Best Wishes,
Gratzi
Jasper, One Thing for Sure is When Veltex's Stock Price Flies Up Again, All the "Kvetching" and Wondering about "Who is Selling?" and "Why They're Selling?" Will Be Obsolete, Wiped Away, Gone the Way of the Dodo Bird, a Bygone Era.
We'll Be Busy Cherishing the "Sweet Moments", or Even More So, the "Sweet Money", "Precious Profit".
We Won't Be Wondering Any Longer, But Rather, We'll Be Laughing All the Way to the Bank.
We are Very Confident that Veltex's Stock Price Will Fly Up Again Soon Due to Our Dependable and Professional Veltex Team.
The Only Thing We'll Be Wondering About When Veltex's Stock Price Flies Up is How to Express Our Abundance of Gratitude to Veltex Management, Board Of Directors, and Legal Team.
Best Wishes,
Gratzi
It Sure is Ridiculous to Panic Over Very Small Volume.
Management is Dependable and Professional...We are Holding Onto Our Precious Shares Because We are Very Confident that Veltex's Stock Price Will Fly Up Again Soon.
We just have to Continue to Be Patient...It'll Be Worth the Wait.
Best Wishes,
Gratzi
The Volume is Too Low to Warrant any Panic...On or around September 17, 2021 We Saw Volume around 124,000 Shares when the Price was a Dollar ($1.00)...At the Current Low Price Volume has Constantly just a Few Hundred or Few Thousand Shares...If We Were to Calculate a VWAP (Volume Weighted Average Price) from September 17, 2021 through Today We Would Understand that the Quoted Price Seems Negligible ("Negligible", Defined as "So small or unimportant as to be not worth considering; insignificant")
We've Seen Major Volume when the Price is Up...We See Very Small Volume when there is a Decline in Price...which Tells Us that Sellers Don't Wish to Sell Many Shares at Lower Price.
We See Days of 100 to 500 Shares at the Currently Low Price...Proof that Sellers Seem Reluctant to Sell Which Communicates to Us that Holding onto Veltex Shares is the Dominating Opinion...Most Shareholders are Waiting for Veltex to Fly Up Mich Higher.
Best Wishes,
Gratzi
https://www.prnewswire.com/news-releases/micah-taylor-reeves-named-general-counsel-of-veltex-corporation-301494731.html
Nice Press Release...Especially since We Haven't Heard Anything from Veltex for a long time.
Hopefully, this is the Beginning of More Frequent Press Releases to come.
We'd Really Like to Hear About How the Mt Hope Rehab Facility is Doing as Far as Revenues, Net Income, etc for 2022 so far.
We Still Believe that We're in Good Hands with the Professional and Dependable Veltex Team.
We Expect that, Slowly but Surely, We'll Receive Great, Encouraging News.
Veltex has Impressive Fundamentals and Teamwork. So, We're Very Confident that Veltex's Plans Will Be Successful and Lead to Enhancing Shareholder Value.
When the Share Buyback Happens it Will Be Reassuring that Veltex is Worth Waiting for, as Veltex Continues to Move Forward in a Positive Direction with Great Benefits to Veltex Shareholders and Society, as Veltex is Determined To Save and Improve Lives.
Best Wishes,
Gratzi
We Agree. Eventually, Funds from Opioid Litigation Definitely has got to make its way to Veltex.
The Only Question is "When" will the Funds get to Veltex (in the Form of Clients Signing Up)?
You're right again that there are so few of Us following Veltex's Progress.
Would be Nice, as a Courtesy, if the Company could, more often, just Send Us some Press Releases to Show Us a "Sign of Life".
The Combination of Extremely Low Volume and Lack of Updates Makes Us Frustrated.
On the Other Hand, We Understand that it Takes Time for the Rehab Facility to Develop in a Structured and Fiscally Healthy Way.
We also Believe that We're in Good Hands, that the Veltex Team is Dependable and Professional.
Best Wishes
Gratzi
We're Interested to find out the Impact of the Opioid Litigation Currently taking place in Kanawha County, West Virginia, which includes Charleston, West Virginia, in addition to the Verdict in the Opioid Trial (Cabell County, West Virginia and City of Huntington, West Virginia vs Opioid Distributors Amerisource Bergen, McKesson, and Cardinal Health)...this Trial was in Charleston, West Virginia and occurred Over 6 Months Ago, We're Still Waiting to Hear what the Verdict is. Plaintiff is Suing for $2.5 Billion Dollars.
Below is a Link to a Page that "collects orders related to Opioid Litigation pending before the Mass Litigation Panel."
http://www.courtswv.gov/lower-courts/mlp/opioid.html
Best Wishes,
Gratzi
Good Point...is it that They're just getting Patial Fills on Their Trade?
Either Way, To Sell Now, It's Gotta Be a Dumbass that Ignores the Impressive Fundamentals of Veltex.
Anyone Selling Now at the Current Low Price Will Feel So Sore When Veltex's Stock Price Flies Up.
Veltex's Rehab Services is in Such High Demand.
Best Wishes,
Gratzi
Would Be Nice if President Biden would Tour the Veltex Recovery Group Mt Hope Rehab Facility or at least Representatives of Biden, just like what was Done with the West Virginia Senators' Teams Touring Veltex Months Ago.
Is Our COO (Chief Operating Officer) Still Serving as a Lobbyist for Veltex?
Best Wishes,
Gratzi
We thought You might have been kidding.
The Volume has been Too Low for Too Long. It Really Does Seem that Just a Handful of Us, Besides the Veltex Board and Management, are Aware of Veltex's Existence.
That said, It Seems that's exactly why Veltex hasn't Issued Any Press Releases for More Than a Few Months...is it about 6 Months or so since the last Press Release?
We Appreciate the Hard Work that the Veltex Team is Doing. We just wish They'd Keep Us Updated More Often.
Best Wishes,
Gratzi
We have No Idea if it's a Sign that Someone is Starting to Accumulate or just an Isolated Incident, or Someone Running a Test on the Price Movement.
What We Do Know is that Fundamentals are Impressive...For Example, Opioid Litigation and Settlements in the Billions of Dollars Nationwide is Definitely a Good Sign.
AND
We're Eager to Find Out What the Verdict Will Be in the Bench Trial that Took Place Over Six Months Ago in the Federal Court in Charleston, WV regarding Plaintiffs Cabell County and The City of Huntington, West Virginia vs. Defendants Opioid Distributors AmerisourceBergen, McKesson, and Cardinal Health...Plaintiffs Suing for $2.5 Billion Dollars.
Veltex's Rehab Facility Seems to Be in High Demand based on Statistics Relating to the Opioid Epidemic.
Veltex's Stock Price Flying Up to a Much Higher Level May Very Well Be "Just Around the Corner" Fairly Soon...We just wish some sort of Update would come out already.
We Still Believe that the Veltex Team is Professional and Dependable.
Best Wishes,
Gratzi
March 1, 2022 - We have now entered into the Third Month of First Quarter 2022.
It Could Be a Very Interesting and Exciting Time, IF the Mt Hope Rehab Facility is Actually Servicing a Much Larger Amount of Clients as Compared to Fourth Quarter 2021.
Hopefully We'll Be Updated Soon.
Of Course, We Most Likely Won't Have the Full Idea Until Late April 2022, regarding the Financial Statements for the First Quarter 2022.
We Just Gotta Continue to Hold On Tight and Remain Patient for Some Good News, or Whatever Kind of News Comes Out, Whenever.
In the meantime, Please Share Any Thoughts or Educated Guess about "What to Expect" in the Days and Weeks Ahead.
Your Input and Opinions are Very Much Appreciated...Especially Because Were Getting Very Bored and Frustrated with Our Not Receiving Any Press Releases Clarifying the Status of the Rehab Facility in Mt Hope or Any Other Veltex Corporate Matters.
Best Wishes,
Gratzi
P.S.:
(The News About the National Opioid Settlements Totalling $32 Billion Dollars is Very Exciting, but West Virginia is Not Included in these Settlements...However, It's Very Exciting as We Await the Verdict in the Cabell County, West Virginia and City of Huntington, West Virginia Trial)
We Agree that it's Getting Quite Frustrating that We're Not Receiving Any Updates.
Would be nice to get some kind of idea about the Rehab Facility.
For Example, Is Occupancy Growing?
Estimates of How Many Beds Under which programs, Outpatient, Intermediate Care, Inpatient, Rates Per Client, etc Would Give Us a Much Better Idea.
It's Confusing...On One Hand, We Have Very Encouraging News as far as Opioid Settlements and Litigation. On the Other Hand, We Don't Receive Any News Regarding 2022 Year To Date Activity.
We're All Bewildered, as We Thought that by now We'd Hear some News of Developments at the Mt Hope Rehab Facility.
Hopefully, Soon, We'll Hear Some Encouraging News from Veltex.
Best Wishes,
Gratzi
It sure seems that in the Near Future the Opioid Litigation and Opioid Settlements should be Earmarking Funds towards Veltex and Other Rehab Facilities.
How Much? We can only guess right now.
But when We Figure that the Opioid Settlements are In the Billions of Dollars, and Expectations of West Virginia Opioid Litigation to Be Quite Significant as well, We Believe that Veltex Should Be, in the Months Ahead, Operating at a Significantly Higher Percentage of Capacity than the Low Scale Capacity of Fourth Quarter 2021.
Veltex seems to Be On the Way to Success, and We Expect the Stock Price in the Future Will Confirm Veltex Being in a Strong Position.
Best Wishes,
Gratzi
https://www.npr.org/2022/02/23/1082237366/corporate-opioid-payouts-would-top-32-Billion
Corporate Opioid Payouts now being finalized would Top $32 Billion
February 23, 2022 6:00 AM ET
BRIAN MANN
Over the next two weeks, some of the biggest U.S. corporations accused of "turbocharging" the opioid epidemic could finalize payouts to victims and governments worth roughly $32 billion.
"We've lost more than a million Americans to this epidemic, and sadly, it's at an all-time high as overdose deaths continue to rise," said Texas Attorney General Ken Paxton last week, in a statement announcing his state is now in line to receive roughly $1.1 billion.
Paxton said pharmaceutical companies that made, distributed and sold opioids were "at the root of the problem." Their payments will help fund "treatment for those currently still struggling with opioid addiction," he added.
This comes as communities across the U.S. are scrambling for resources to combat an opioid crisis that keeps getting worse.
Drug overdoses killed more than 104,000 Americans in the most recent 12-month period for which data is available, according to the Centers for Disease Control and Prevention. That's a tragic record for the U.S.
There are two major negotiations nearing completion.
The largest involves major drug distributors and wholesalers AmerisourceBergen, Cardinal Health and McKesson, along with health products giant Johnson & Johnson.
The four firms, which maintain they did nothing wrong, have tentatively agreed to payouts totaling $26 billion. The Texas money would come from that deal, as would roughly $590 million that would go to Native American tribes.
Sources directly involved in the negotiation tell NPR that a final settlement plan involving most of the 50 states, local governments and victims could be announced as early as Friday.
The other intense negotiation involves Purdue Pharma, maker of OxyContin, and its owners, members of the Sackler family.
In a report released last week, Judge Shelley Chapman, who is mediating the talks, described accelerating shuttle diplomacy among dozens of parties.
She concluded there was "substantial progress" toward a deal now worth as much as $6 billion.
While they say they've done nothing wrong, the Sacklers and their privately owned company have faced a growing public backlash for their alleged role pushing to boost sales of opioid pain medications despite surging rates of addiction and overdose death.
An earlier settlement, struck last year as part of Purdue Pharma's bankruptcy proceeding, would have meant a payout of roughly $4.5 billion. That deal was rejected in December 2021 by a federal judge.
Closed-door talks quickly resumed and in her Feb. 18 report Chapman revealed Purdue Pharma and the Sacklers had boosted their payout offer to "not less than $5.5 billion and up to $6 billion."
In exchange, the Sacklers are still demanding total "release" from all future opioid liability. That means members of the family who ran the company could never be sued in the future for their role pushing Oxycontin sales.
It's unclear how many states that once opposed the deal will sign on in response to the sweetened offer. In her report, Chapman said, "the unanimous acceptance" demanded by the Sacklers "has not been achieved."
There is also growing criticism from some victims of the opioid crisis, people who became addicted to prescription medications and families who lost loved ones to fatal overdoses.
They say the overwhelming majority of cash from these deals will go to reducing future addiction and death, with relatively small payouts to those already harmed.
But supporters of these settlements maintain they are the quickest way to resolve a legal morass while directing as much money as possible to easing one of the deadliest human-made public health crises in U.S. history.
While much smaller than the $246 Billion Big Tobacco settlement of the 1990s, these corporate opioid deals do include similar provisions restricting companies' future opioid practices.
The goal is to reform the way the highly addictive medications are marketed and sold. Overall prescribing of opioids has declined sharply in much of the country in recent years.
Even if these deals are struck, lawsuits will continue against some of the largest companies that sold opioid pain medications.
The major pharmacy chains, including CVS, Walgreens and Walmart, also deny any wrongdoing and have so far refused to negotiate similar settlements.
In a landmark federal trial last year, however, an Ohio jury found pharmacy chains didn't do enough to keep customers safe while dispensing pain pills.
Federal Judge Dan Polster hasn't yet determined what damages the companies will have to pay. The pharmacy chains have promised to appeal.
TommyBoyTrader, RE: Member Marked Me #2. What Does this Mean? Correct that VLXC has Great Fundamentals...Will Be Amazing When VLXC Flies Up.
$VLXC Which one of You is Trying to Buy Veltex Stock (VLXC) Now? You might be Forcing Other Hopeful Buyers to Increase their Limit Orders in order to Get In Before VLXC Flies Up.
Why are You making it Difficult for Other Buyers to Buy VLXC?
VLXC Current Quote hovering around 0.635.
If You're Thinking about Setting Limit Orders at 0.75, or 0.85, or more, Then You might just set off a Chain Reaction where VLXC Flies Up Passed 0.90 or 1.00, or more, rather quickly leaving Hopeful Buyers Forced to Pay More for VLXC Shares.
PLEASE WAIT FOR OTHERS THAT WANT TO BUY $VLXC BEFORE YOU AT THE CURRENTLY LOW STOCK PRICE AS VLXC IS A THINLY TRADED STOCK. IF YOU BUY BEFORE OTHERS THEN THEY WILL HAVE TO PAY A HIGHER PRICE FOR VLXC STOCK
jk
$VLXC BUY BEFORE IT FLIES UP. HERE ARE SOME FUNDAMENTALS:
1. Rehab Services in High Demand
2. Collaboration Agreement with the State of West Virginia
3. Joint Venture with Serenity Pointe
4. Lobbyist Representing Veltex
5. US Senators Endorsing Veltex
6. 30,000 Square Foot Facility Owned by Veltex, Unencumbered
7. Opioid Litigation/Settlements Expected to Earmark Funds Towards Rehabs Such as Veltex
8. Deferred Tax Asset
9. Veltex's Leadership, Dependable and Professional (Dr Harry, Former Medical Director of the Betty Ford Center, Nationally Renowned Author, Expert in Treating Addiction)
10.US Federal Government Funding Programs towards Prevention, Treatment, and Recovery from Opioid Addiction
VLXC Major Revenues from Opioid Litigation/Settlements Expected to Roll In, First Quarter 2022 and Thereafter.
Stock Buyback should lead to Significant Increase in Stock Price of Veltex Stock (VLXC)
We're Thinking that maybe by late April 2022, We Expect Financial Statements for the First Quarter 2022 to Be a Significant Improvement Compared to Fourth Quarter 2021.
Would Be Nice to Receive Some Sort of Update Soon, as far as Clients' Occupancy Rates, and Any Other News that Would Clarify Where Veltex is Headed.
It is kinda surprising that Volume Remains So Low Still as We Thought that by Now Many More Investors would've heard about Veltex already.
It's just Too Quite for Too Long. But We Remain Confident that it's the "Quiet Before the Storm"...A Pleasant "Storm" of Good News.
Let's All Keep the Faith, Continue to Believe, and Be Thankful to Our Dependable and Professional Veltex Team.
Best Wishes,
Gratzi
Mt Hope Mentioned in this Article on the "West Virginia Explorer" Website.
Lore and Legend
Article Title:
"Prehistoric Mystery Underlies "Egypt" in southern West Virginia"
https://wvexplorer.com/2022/02/11/prehistoric-mystery-underlies-egypt-in-west-virginia/
Best Wishes,
Gratzi
Mikester, Thank You for the info...Where did You find that?
Let's All Keep in Mind that We are of the Belief that Big Sellers Will Miss Out on the Big Gains in Veltex's Stock Price When Veltex Flies Up.
When it Comes to Veltex, Big Sellers Bring On the Problem of "Missed Opportunity" to Themselves.
In Our Opinion, Big Sellers are Not Aware of the Big Mistake They're Likely Causing to Themselves.
If They Pay Attention to Fundamentals, like Most of Us Loyal Veltex Shareholders do, Then They'd Be Hanging On Tight to Their Veltex Shares, and, as a matter of fact, If They Want to Make Big Profits They Would Become Big Buyers.
Veltex, Many of Us Expect, Will Have Major Revenues Rolling In...Which Will Put Veltex into a Strong Cash Position, With a Net Income Sufficient Enough to Proceed with the Stock Buyback Plan...This is Our Humble Opinion Based On tbe Impressive Fundamentals of Veltex.
Best Wishes,
Gratzi
Yes, We're Absolutely Bullish on Veltex on the Fundamentals...That's What Matters the Most Here.
The Tiny Volume Trades that Have Been "Manipulating" the Stock Price Does Not Give a Shred of Credibility, and the "Official", "Reported" Stock Price lacks Integrity...We're Not Falling for What We Believe is a Misleading "Stock Quote" due to Tiny Volume.
We Believe that Veltex's Stock Price Will Fly Up, When it Becomes Apparent that the Rehab Facility Revenues Have Grown Dramatically, Hopefully Soon...and We Expect Significant Volume that Will Grant Credibility.
We Feel, Anyone Panicking Under this Tiny Volume Situation, is "Drinking the Kool-Aid".
We Postulate that Anyone Worried/Panicking about Low Price While there is Low Volume is a Naive Fool.
It Seems, in Our Opinion, Only a Naive Fool would let go of their Veltex Shares at the Current Low Price.
Veltex Shares, We Believe, are a Treasure, Thanks to Our Dependable and Professional Veltex Team.
Best Wishes,
Gratzi
Hi Jasper, Two Things that Matter are Fundamentals and Volume.
One of the Fundamentals that Gives Us Strong Confidence in Veltex is the Rehab Facility Being in High Demand, therefore Soaring Revenues Expected in the Near Future.
Volume Currently Very Low Shows that Selling is Very Low (Buying is Very Low as well) therefore it Behooves Us to Not Take Any Current Veltex Stock Quote Too Seriously, as long as Volume is Too Low.
More Importantly, As We've Mentioned Repeatedly, We Expect Great News On the Way as the Mt Hope, WV Rehab Facility Takes In More Patients.
We Feel that the Best Thing to Do Right Now is to Keep Holding on Tight to Our Precious Veltex Shares.
Best Wishes,
Gratzi