Veltex Corporation (VLXC)

[GratziPrego]

It's sort of ambiguous here how on one hand a lot of us here are feeling doubtful about this stock yet we are optimistic as well.

When the Buyback was first announced, logic would tell us that this stock was gonna fly. It didn't happen though. Then came the unaudited Financial Statements touting Revenues of $70 Million. But the stock continued to slump downward. And then news of the New Distributor in China. And, as we all know, the stock continued to go down. Why? Who was selling with all the good news? That's the big question.

What we hear is that investors have lost confidence due to lack of Audited Financials to support the reported financials (Unaudited). This sounds like a good reason but there's gotta be more to it. Who was selling? Can anyone here answer this question?

Anyway, IF Audited Financials come out any day now AND they resemble closely with the Unaudited figures THEN we all can agree that THIS will be a GOOD SIGN, right?.

Good question asked on this forum: why did the stock spike to about .55 and then slip back down?

Any ideas about the above questions and forecast for the next couple weeks?