Wednesday, August 30, 2006 10:02:36 AM
"CITY OF INDUSTRY, Calif., Aug 14, 2006 /PRNewswire-FirstCall via COMTEX/ -- Veltex Corporation (OTC: VLXC) is pleased to announce earnings for the second quarter of 2006 will be released in August."
...
"He (Matin) continued by saying, "The Company is in the process of preparing financials for the second quarter of 2006. Upon the successful completion, it will be made available to the public. We expect this to be completed in the next 15 days."
Another broken commitment (last of the next 15 days was yesterday) but considering "audit of last year results" is not mentionned, releasing or not some quaterly results should not make any difference on the PPS.
One has to wonder why Matin "seems" to be doing everything right, except the right thing?
As said before, I do not beleive Matin is strictly running a scam but I certainly do beleive that he is running a very messy operation ... whatever the said operation realy is!
Patiently,
Roger
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