Veltex Corporation (VLXC)

[pual]

From what I can see, current market cap should be between $5 and $7.5 millions (min 20,000,000 O/S, max 30,000,000 O/S ar $0.25).

If only 1/4 of what Matin did claim in term of revenues and profit was true, Veltex is right now a great buyout prospect.

Assuming Matin can block such a buyout (who knows if he has or not real control) he could try to normalize the company (simultaneously burrying the corpses he did hide over years) by accepting to merge Veltex into another company.

Whatever the case:

1- I stopped hoping that Matin will one day be able to normalize Veltex as it is,

2- I cannot see how our shares could go back to $1.00 again.

I still beleive that there is still a business out there behind our shares. I just have no clue what this business is worth or not.