Veltex Corporation (VLXC)

[Growth And Value]

Facts are that Matin has lied many, many times and has grosly overstated any and ALL acquisitions that he has made. When he acquired Veltex-Explorer, he said there were 80 employees in the promotional products division alone. Trouble is, the entire Explorer Headgear had only 30 employees. So perhaps there were 8. Typicall, he seems to always place an extra decimal on everything. His purpose is to trick investors to buy his stock at artificially inflated prices so he can bank hard cash.

If a person steals from a bank or a store they go to jail. But if they steal from investors, that's O.K.? No, he should go to jail too and for a long time as he has stole millions from many honest people. VLXC, just like Enron, has hurt honest investors.