Veltex Corporation (VLXC)

[pual]

My reading of today's activity (just for fun)

I think the MM (or daytraders) are having a ball with this stock. Here is what I saw happening (???):

9h30 A MM send a message to another one by trading 1000 shares at $0.007 ($7) asking "What do you want to do?"

9h53 He gets an answer: "let's go low" (100 shares at $0.006 = $0.60)

11h39 to 12h40 Over 2,000,000 shares are traded at around $0.005 (low 0f $0.0045).

I do not know how they play their game but $10,000 changed hand till, at 11h52 another message (2900 shares at $0.005 = $14.50) was sent and acknowledged at 12h40 (8000 shares at $0.005 = $40).
Probably meant: "let's continue at that price for a while".

If this is the way it realy goes, we should not assume Matin is dumping shares at half a penny by looking at the board. My thinking is that some people manipulate millions of virtual shares trying to make .001 or .002 penny per share (1,000,000 = $1,000 or 2,000).

Till a credible audit is released (if ever?) this stock will remain the toy of a few.