Veltex Corporation (VLXC)

[pual]

Anyone (positive or negative) reading this board must understand, whatever a poster says, that what he reads in here are opinions, assumptions, ideas, rumors and expressions of hope and/or frustrations.

Whatever one says, nobody realy KNOWS FOR FACTS anything about Veltex (Even pictures taken thru a window can be very misleading).

The only fact we all know is that Matin has not allowed us to check whatever he presents us as facts and considering his past, nothing he says can be taken as fact unless verufyable thru different reliable sources.

This being said, here is a summary of my opinion:

1- Veltex does exist (It's not only a scam)
2- Matin is very probably not an outright crook running a scam
3- Matin did hide significant informations in the past and
now is stuck with that.
4- Matin knows the textile busines but is probably quite an
incompetent business manager.
5- Matin had advisors but (up to now) never listen to their
advices.
6- Matin (with help from someone he will finally decide
to listen to) will end up "normalizing somewhat" Veltex
(Financing, merging, selling, ???) so ha can have value
for his shares (and options).
7- Then we also will get our shares valued at a real
fundamental based PPS and that will in no way be as great
as some still beleive or as bad as some do beleive.

Again this is just the OPINION of someone having been around for years and I am not even calling it a "BELIEF".