Certainly hope, as I said before you endup getting buyers at 40 cents (without R/S).
As for the news (whatever it would be), notwithstanding our previous desillusions, the reason the 10th seems a potential latest date is that
- It was alluded to on June 10th "before 6 months",
- It was repeated in Nov. 11th release: "Matin said the company expects that the audit of its 2002 financial results
should be completed within the month, and the company expects to release its unaudited 2003 quarterly results in conjunction with the annual financials release.
- It was not postponed in Nov. 19th release (nomination ofMr. Ahmad)
- It's been (according to multiple messages herein) repeatedly verbally confirmed on the phone.
What I mean is that for as far as I can recollect, we have seen for the first time consistency in whatever came out from the company for 6 months.
The 10th, soon thereafter or may be even tomorrow (one year after 2002 business plan) is therefore more meaningfull to me than previous sequences of events that were very frustrating for all.
The other sentence that I focussed on in the release of June 11th was: "After devoting most of this year to reorganizing Veltex Transportation, our trucking business, we are focusing on building Veltex Apparel,".
That was also consistent with what I tought was possible up to then, as I often mentionned, and with a statement from V.Duff reported herein by someone some time ago.
In that context, selling shares that we held for that long at the present time doesn't make any sense to me, notwithstanding the fact that someone would get close to nothing for them.
However if the above turns out to be nothing within the next week, I certainly would understand large volumes of shares being dumped was it only for tax reasons. However, putting on my vicious face, this could also generate quite a short term opportunity for:
- The company to do a major buyback at very low cost (50,000,000 shares at $0.0015 would only require $75,000) Or
- Someone in the know to accumulate that many shares for that small an investment potentially reporting rapidly a 10 to 1 return).
As you see, many scanarios are possible very short term, excluding one suggesting that we've all been screwed...
We should soon be better fixed ... I hope.
