Veltex Corporation (VLXC)

[dagnyish]

Pual, I don't think Veltex is a scam. Scams are usually much better at portraying a rosy picture that nobody doubts.

I just think the simplest answer is the right one in this case - that Matin is too much of a tight-wad to hire good IR firms. I also think he didn't do enough due diligence on some of the companies he brought under the Veltex wing. On the other hand, he was quick to cut them loose.

I am still waiting for the audit.