Tuesday, June 24, 2003 11:13:12 AM
This being said I appreciated the reports some made following conversation with V.Duff (Not naïve I also understand that message boards are not necessarely reliable sources for DD).
Personally, if I beleive what V.Duff's credencials are and what she presumably said, being a consultant myself, I assume she has relationships which are revenue generating short term and "long term investment" activities accumulating shares in lieu of payments that have potential to be highly profitable but presenting high risk. I assume that this is the reason for her to still be around. If so her statement (She is confident that Veltex is a real company and she believes that there is an audit in process) should be very encouraging.
Let's hope that Matin ends up better understanding North American business culture and/or learn to involve and listen to some that do.
Wasn't I living 3500 miles away from this outfit, I would have visited more than one time and met Matin to try to help him do it. Who knows I could even offer my services for some 100,000's shares if I tought Veltex had the potential to get born again.
Nice to see this board coming alive again. Short of having any way to do real DD, this helps waiting for an outcome ... one way or the other.
Patiently,
Roger
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