Veltex Corporation (VLXC)

[pual]

Not that your opinion bother me whatsoever but having time, here is an answer to your post proving (once more) that you are quite affirmative qualifying subject you do not know about to start with.

It's not 5 it's 8 years (09-09-1999) I've own some shares in this outfit. I bought my first shares (40 based on actual) and paid as per today's $43.00 ... LOL! Those were the days.

It then became worthless and was forgotten for more than 2 years(when Matin went for a sojourn in BD). I then thru them in what I call my speculative portfolio telling myself it could one day be usufull as a capital loss. It stayed there and I forgot all about them.

It then came alive again a couple of years later and I started to average down and traded somewhat getting my current cost at below $0.60. This is still part of my speculative portfolio (5% or less of my total portfolio) with 3 other bets of mine. This is to play, trade and have fun (doing DD, talking to people, posting on boards, attending shareholder's meetings, ...), not risking money I cannot afford nor desire to loose but money can leave on the table hoping that one or some of them will offer interesting return in future. I however do not hold my breath.

On the otherhand, the 95% of my portfolio made of serious investments is something I manage seriously and I must say that (following a great luck when the market did crash in 2,000) things are going great up to now and that for years now.

Then do not worry about me. I do not pretend to know what will happen will VLXC (neighter do you) but I THINK that something good (but not as good as some expect) will soon happen with it.

By the way, my DD tells me that there are more than 20,000,000 out there (you are right) but less than 25,000,000 (you are wrong) ... unless RECENT acquisitions used some more share (I do not know that but doubt it)