Veltex Corporation (VLXC)

[pual]

However if the company also grows thru acquisitions and shares are used to finance them, having a pps representative of what the business is would seem very important.

On that basis, investing in credible audits and duly reporting would seem basic logic to anyone.

Matin doesn't (cannot) do it.

One must wonder why.

What is hidden? How bad is it? Who owns what?

Assuming Matin not to be totally incompetent (I beleive he is far from being in his domaine) he must understand that as well as anyone.

What hole did he dig for himself in the past so he cannot behave normally anymore?

How will he pull himself out of this hole?

Small shareholders as I are irrelevant but some people, including Matin must be holding lots of shares and they certainly must not be very happy with current PPS. I do not even refer to financial institutions Matin tries to deal with.

I hope they make Matrin's life miserable enough to push him into normalizing the company SOMEHOW ???

However, with the kind of salary Matin pays himself (I heard in excess of $ 750,000 per year) may be he cares much les than one beleives.