Veltex Corporation (VLXC)

[pual]

I agree that the most valuable information is the one related to the number of O/S if ever VLVT comes out of its hiding.

Understanding that empy news releases are anti-productive and remembering that Matin gave himself up to December 10th to fill his last commitment, I sincerely ask myself if, assuming potential audits are in the cards, for respect for those awning shares, Matin could not release something explaining why the delays seem to be, to say the least, unrealistic.

Unless we are few days away from the company coming out, I think it would be appropriate to communicate with the shareholders to inform them of where we stand. I certainly agree with V.Duff that making promisses you cannot respect and/or issuing empty releases is a futile exercfise.

However, after 4 months of silence, informing us of where we are and why apparently unjustified delays are a fact, seems to me appropriate, particularly if the company is progressing somewhat.

I maintain that the only significant release will relate to credible audited financials but, if for any reason they are not to be available VERY SOON, saying why would not be a bad move.

Right now, based on what we "found out (???)" within the last days, if in fact Veltex can operate without issuing additional shares, they must not care to much about the market price. However a minimum respect for those holding shares would make the company issue something worth being said.

In any case I intend to ride it to the end or to specific prices and I am prepared to continue to show patience and hope if not faith.