Here are a ten normal and appropriate questions that any serious executive would feel required to answer. NONE OF THESE ASSUMES A SPECULATIVE OR MISLEADING ANSWER. These questions are those any serious publicly traded company would answer without even having to be ask.
Here is what anyone can read this morning on Investorshub ( https://ih.advfn.com/stock-market/USOTC/veltex-pk-VLXC/stock-price
), assuming to be appropriately informed by management.
'Veltex seeks to enhance shareholder value through aggressive recuperation of lost resources and assets ...'
Q1 & 2: Is that still the case? If so what is being done?
' … while maximizing the worth of those recovered.
Q3 & 4: What has been recovered and, if so, what is being done with it?
'Current litigation is underway in federal and in various state courts'.
Q5, 6 & 7: Is this still the case? If so what are the cases and what are their status? Any favourable or not outcomes?
'favorable outcomes from these legal proceedings may position the company to explore benefits of tax credits, tax loss carryforwards, merger and / or acquisition examinations and redeployment of monetary rewards to shareholders of the corporation'.
Q8 & 9 : Isn't a corporate update appropriate at this time? Do shareholders have the right to have some kind of outline of the current financials of the company?
Q10: are only insiders of a publicly traded company allowed to know the FACTUAL NON SPECULATIVE answers?