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Friday, 10/10/2014 11:50:19 AM

Friday, October 10, 2014 11:50:19 AM

Post# of 9346
Has Anyone Else Heard This? (Rumor)

From my circles in SoCal, there are rumblings that an investment firm was interested in investing in/assisting Velatel with an Ironridge payoff fairly recently, but George Alvarez pretty much disappeared in the ways of Kim Jong Un. Has anyone else heard of this, or for that matter, from Mr. Alvarez recently?

I am not putting much into it (because VELA is a stock without a bid) but it would be quite peculiar if at least part of this was true. The biggest query would be why George would be non-responsive to what has been his biggest obstacle in achieving success regarding the share price of VELA. This is why I question the validity of the rumor. Not even George Alvarez would be so stupid to ignore an opportunity to rid his company of its cancer. That is, unless talk from other members of this board is true and he truly does want to keep it all in the family/ his inner circle.

It may be hogwash, but please post if anyone has heard anything similar. TIA

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