Velatel Global Comm. (fka VELA)

[IsaacIronridge]

Precisely. Can Only Be Selfish Reasons.

There is no explanation not to even listen to an Ironridge takeout proposition. George would look like a genius as the stock would soar and the company would finally be taken seriously. That of course, being that the 4G upgrade actually happened as promised and revenue can grow.

So, either the business isn not real/happening or he is sandbagging, waiting to grant a ton of new shares through his Friends & Family plan. At that point it could be considered reverse manipulation - letting the stock suffocate itself and then taking advantage of the low price to benefit himself, friends, family and inner circle.