Veltex Corporation (VLXC)

[shrotker]

Since June 30, 2003 the volume has been about 32.5MM shares. How many were sold by the company is unavailable, but we know for certain that the shares were issued for some reason. 31 MM shares at an average price of .007 equals $217,000.00. I have no idea what the average pps was, but I suspect it was somewhere in that vicinity. My question once again is, who is buying? Just because a company places a sell order is no guarantee that someone will buy. It's not like the price dropped drastically when they started selling. Most of the shares seem to have been released early in July before the recent spike.