Veltex Corporation (VLXC)

[shrotker]

Keep in mind that anyone who contacts an attorney will have to show the damages done by the company's stock price decline. How many here have enough of a loss to make it worthwhile for an attorney to pursue the company?

Consider the fact that the present value of the company is $700,000.00.

Consider the fact the the company can hold a stockholders meeting and approve additional shares by a majority of shareholders without inviting most of us.

The previous paragraph means that either company directors or those loyal to them (closely held securities)hold most of the stock.

How much is left for an attorney to go after for damages even if you could get one to convince a judge to deem it a class action?

Frankly I just don't see it unless the stock price rises significantly and then falls due to mismanagement.