Veltex Corporation (VLXC)

[GratziPrego]

Although I hate to admit it, you might be right. It seems that here is something fishy goin' on at Veltex. They never answer our questions directly, they have not delivered to us the Audit - which we were led to believe would be ready by the end of May, they don't fully disclose litigation, current outstanding share count, they didn't do much of a buyback, Board of Directors (who are they?).

They just issue irrelevant and immaterial Press Releases that never answer our questions. Also, they mention $7 Million Net Income on the 9/14/07 Press Release that doesn't even match the $5.5 Million Net Income figure in the Financial Statements they issued (which one do we accept?)

Best wishes,
Gratzi