Veltex Corporation (VLXC)

[pual]

I agree 100% that this is a gamble. Having been around for 7 years, I earlier felt far a while that it was an outright loss and I was negligent enough not to write it off. Then it ressucitated, I averaged down and now look forward to maybe recuperate my "bet" ... unless (to all readers: complete the sentense based on tour own beleif).

Again, considering your obvious closeness to Matin, the following is very interesting (to me at least):

"he is ... building the N.A. business to the point where he can spin-off the BD subs. I believe that there is significant debt involved with one sub and when he can he will discharge the debt when he spins it off, perhaps to the lein holder."

If it's pumping, so be it but personnally I tend to beleive it. Would be nice if you could give a time frame for the spinning-off of the BD subs ... obviously an opinion of yours only FWIW!