Veltex Corporation (VLXC)

[pual]

"If you look for a conspiracy everywhere, pretty soon that is all you will ever see."

I do not beleive in conspiracy. I beleive Matin got in trouble in 2003, loss ownership of some operations, never said it openly, kept reporting as if ownership still existed and is now stuck with a lie he cannot admit openly now.

That's why auditors walked away, Investrend walk away, consultants and communication firms walked away and many shareholders did the same.

Matin should face the situation once and for all, sell whatever he owns of the Bengladesh operation (must be something left), take out financials of this asset (should not have been included anyhow) and have the rest of the business duly audited and reported.

Then numbers will be quite smaller, the PPS will not be 10 times bigger but (I hope) will be more than $1.00.

The only other way out is to privatize whatever Veltex is or merge it with another company.

Matin's game is over, nobody beleive his PR's or NR's and he will now have to sh.t or get off the pot.

I beleive he has a business (theredore shares are worth something) but not the one he keeps refering to.

At $1.00 I do not worry to much about this SPECULATION and I have time to wait. Not sure everybody looks at it the same way ???