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Re: wicke post# 15029

Tuesday, 08/21/2007 10:59:58 AM

Tuesday, August 21, 2007 10:59:58 AM

Post# of 19560
We've been loyal Veltex shareholders for years and have learned that the Audit Reports have never come when expected. Doesn't this make you wonder about the Integrity of Management. Mr. Matin said 90 days from February, which means the Audit should have been ready by the end of May. Why is the Audit late? (Supposedly inventory discrepancies - well, then fix it already!)

By the way, you mentioned that you believe that the new COO is good news. What company did the new COO work for in the past (we know about the 15 years experience, but from where?)

Try to get answers on the following questions (you probably won't):

Who currently serves on the Board of Directors for Veltex?

(We know that Javeed Matin serves on the Board of Directors of America's Baby Cancer Foundation - why not let us know who serves on the Board of Veltex?) What are the Percentages of Ownership of Board of Directors?

Audit - when?
Buyback - will it continue?
Court Decision - final answer?
Distributor in China - any news?

Wishing success and ANSWERS for VELTEX SHAREHOLDERS.