Wednesday, October 04, 2006 8:42:27 AM
As said earlier, I expect the consultant (probably just a front) to conclude that the only way to move ahead is to erase the past (Synergy fiasco, loss of control of Bengladesh, hidden number of options issued, ...). The way to do that is to have the company privatized before (some time later) making it public again based on honest handling of informations to the market.
Assuming a business does exist out there and 10,000,000 shares are in the hands of shareholders (other than Matin), all of them can actually be bought for about $4,000,000.
My opinion is that the Veltex as we know it is on the way to its end and it will reincarnate later as a different entity.
Patiently,
Roger
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