Veltex Corporation (VLXC)

[GratziPrego]

Important issue to consider:

Just take into consideration that the Company has been busy with a number of issues right now (China Distributor, Audit, Legal Status of Bangladesh portion, 1st Qtr 2007 Financials). With the price at the present level and Audit due to come out any day now (or about a couple weeks, perhaps), we can feel confident about good news on the way.

It's possible that the Company has not been active in regard to the buyback due to a trading restriction in force before a news release comes out (temporary suspension of trading imposed on Corporate insiders). It's a good sign because once they are given the "green light", we will most likely see a sharp increase due to the continuation of the buyback process.