Veltex Corporation (VLXC)

[pual]

You're absolutely right.

If the company realy exist and operates after a problematic year (my assumption) and start reporting honestly whatever financials they can, from a PPS of 4/10 of a penny, upward space is illimited.

On the otherhand if for any reason, it cannot do a clean coming out soon, we can only loose 1 penny for each 2.5 share we own.

However, AMEX is very long term possibility ... unless a R/S is implemented following one of the 2 other steps you mention.