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Re: Dougieie post# 2934

Wednesday, 01/14/2004 2:58:39 PM

Wednesday, January 14, 2004 2:58:39 PM

Post# of 19543
On the basis of 155,531,946 shares outstanding, at current Price/share (0.0115), the value the market accept to give Veltex (capitalization) is $ 1,788,617 or 45% of the reported shareholders equity.

Credibility remains very low in the market and my previous post may explain that ... at least partially.

Patiently,

Roger