Veltex Corporation (VLXC)

[pual]

For that (stock buyback) as for everything else with this company, one can beleive whatever he wants and runs a slight chance of being right.

This being said, I beleive (???) that Matin will use the next claimed (???) acquisition to write something along these lines:

"Veltex did acquire ABC company for cash and a unrevealed number of shares. Following this strategic acquisition and the now completed stock buyback, the total number of O/S stands at ... (pick your number between 15 and 20 millions)."

With some luck Matin may even throw in a forecasted profit for the year so a reader will be able to figure out that current PPS is definitely undervalued (LoL!).

Following this PR (different fron NR) PPS may go up somewhat for a day or two, then start retracting some more to God knows what.

The only way out of this vicious circle is for Matin to produce a trust worthy audit and duly report to SEC.

My recommendation is that one doesn't hold his breath waiting for that to happen. My beleif (???) is that we shall never see that. I think (???) that, at one point in time, someone (???) will make an offer to buy the company (at let's say 25% over market), privatize it and no one will ever know what the real story will have been for the past years... This assuming that whatever the company is, is worth 1.25 times the then ongoing capitalization.

Personnally, holding shares costing quite less than $1.00, I do not mind keeping this SPECULATION go.

If by any chance (and a lot of manipulation), the PPS goes up seriously (let's say $1.75 = or - $0.25) then I would be real happy to jump ship.

Enjoy!