Veltex Corporation (VLXC)

[pual]

Once again, only Matin knows.

As for how easy it is to fool everyone, history shows that it is very easy, The problem is crooks look the same as honest people. Had we had this discussion before 2004, I would have said that the odds that Matin was a crook were 3 to 1 that he was.

However, considering whay came out since, including the disclaimed endorsement of an identifyable auditing firm, I now beleive the odds to be more like 50-50. Whenever FY 2003 financials are available (within weeks for Q1 and Q2 and few months for FY if we beleive what was previously said) we should be able to know better.

Till then, I personally beleive that their is a company behind our stock but, for the moment, only Matin and God seem to know what it's realy worth.

This being said, I presently look at this as a 50-50 bet with small downside risk and high upside potential.

Who knows?