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Friday, November 10, 2006 4:00:18 PM
They will burry the corpse under a layer of moves making Veltex disappear into some other outfit we shall own a little part of ... may be.
To me it's obvious that Matin did dig his own hole (and ours) by making and hiding moves which were business wise, the result of incompetence and stupidity more than dishonesty.
The question is: "How will they pull out of the mess they created without loosing it all or even worse ending up in court?"
By the way something new was released yesterday: Matin said that Veltex Corporation will hold a conference call at 1:30 p.m. PT (4:30 p.m. ET) on Tuesday, November 14th, 2006 to discuss its financial results and recent corporate developments. To my knowlrdge this is a first.
Let's see if the conference will be held or not and what will be said. If it happens, I would not be surprised to hear that a plan is in the work to make Veltex dissappear as per the scenario outlined earlier ???
Patiently,
Roger
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