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Re: Sky-King post# 11475

Friday, 06/16/2006 9:45:48 AM

Friday, June 16, 2006 9:45:48 AM

Post# of 19549
Issueing more shares to buy equity (like new revenue stream producers) is OK with me as it does not constitute dilution. I would like to know a little more about it, though. Matin said all along that all earnings go towards expansion of existing business and is re-invested for growth of inventory and infrastructure (was quite a while ago) and still makes sense when you look at Veltex as a growth company. So acquiring a business for cash and stock considerations is nothing unusual.

I do agree with you, however, on the accounts of non-audited statements and lack of transparency.

Cheers