Veltex Corporation (VLXC)

[pual]

Been away for a dozen days and as I expected nothing did happen worth mentionning with this stock. Day traders and small players are exchanging shares making or loosing a few hundreds now and then.

This will remain the case till (if ever) a credible audit is released and that, according to June 10th release should not happen before September (the earliest) or December (the latest).

However, based on our past experience with this company, I hold my shares but not my breath.

If I remember well, V.Duff said last June that her recommendation was not to release anything before the company has a serious news to broadcast and I suspect that Matin finally listenned to her.

I personally think that the company is not issuing millions of new shares and below 1 penny but would like that to be confirmed somehow.

For the moment, let's hope the rest of the markets grow some more and let's enjoy the ride (up or down) whenever ride there will be with Veltex (a downhill ride however would be a very short ride).