Veltex Corporation (VLXC)

[pual]

Certainly hope you're right.

Personnally, I am in "LONG" and will only play IF Matin delivers as promissed before Dec 10th and give us a view of what's behind the walls for real.

If (caused by manipulators) shares start going up without logical explanation, I will look at the show from the sidelines (unless it approaches 10 cents).

If, on the otherhand, following release of valid audited financials, we effectively see revenues of over $10,000,000 as an example (much less demanding relative to current bottom line), then a 2 cents level (capitalization of less than $3,000,000) may be a resistance level but then traders and speculators will start to reset positions before PPS becomes a reflexion of what the books will say and what the plans seem to promisse.

Actually my view is:

-Either VLVT is a past loss (my cost is below 2 cents) or

-VLVT has potential as a real reporting company having its difficulties and opportunities.

In both case, I (very personnel view) consider a 2 cents PPS irrelevant ... long term.

Very much like your analysis but wait for information from the source... if ever it becomes available ... before I plan and do anything with my shares.

In my view, VLVT is either a gold mine (considering where we come from) or an empty pit ... as we could once again find out ... till further notice.