Veltex Corporation (VLXC)

[pual]

All of this sounds great except Matin, for whatever reason, prefers not to be transparent with the market.

Notwithstanding all of these:

- We still do not know what we own and we we do not (Bengladesh)

- All we know is trhat options there are but God and Matin seem to be the only one knowing how many

- We obviously do not know what our revenues and profits realy are (see first point and remember we never got a real audit), never mind what our PE looks like

Bottom line we know nothing except that Matin keeps doing his show after years of bitching by many who claim they complained to SEC, state government, even the FBI (LOL).

My view:

Veltex does exist, it generates revenues and profits (but certainly not $1/share), it doesn't control the Bengladesh operation (but seems to include revenues and profits as if it did) and it will not be able to normalize untill this issue is resolved.

Then the shares will be worth more than what they now trade for ($2 would probably convince me to walk away) but DEFINITELY NOT what Matin tried to make us beleive.

Whae should that happen (solving the Bengladesh issue and normalizing)? I do not think even Matin knows that yet!