Veltex Corporation (VLXC)

[pual]

Market Cap : 10,75 M

Shares in Issue : 76,17 M

Float : 3,2 M

If that is true, then the management has figured out that accumulating interest is the best possible option they have for themselves and they probably pay themselves some kind of compensation for their work (LOL).

Later (probably much later) they will liquidate any asset they may still have and can sell, then they will distribute the total proceeds to shareholders (almost them only).

If they haven't yet figure out a better strategy in the context of current opportunities it must be because they do not really want to be in any kind of business, accumulating whatever collectable interests they can till they are prepared to cash in.

Not having any information about what they do or not and what we really own or not can only be because management doesn't care for us small share holders being irrelevant as a group.

Wish all of us small share holders a long life … Maybe then we will get something worth mentionning some day. .