Veltex Corporation (VLXC)

[GratziPrego]

Some points to consider:

There were about 18 Million shares or so O/S at the first moment that the Buyback was announced and now there are over 28.6 Million shares Outstanding (which means our percentage of ownership has decreased more than 50 % - YUK!)

Audit is mentioned one time in a February Conference call to be expected to arrive within 90 days - now, over 7-8 months later the verbiage is "present expectation of completion is the end of this month" - sounds a little confusing and there is no verbiage like "definite completion by the end of this month".

The court case is mentioned months ago leading us to believe that there might be a big "pop" in share price - but nothing happens and no follow up for months now.

But who knows? This press release seems to be an improvement from the other irrelevant ones before (i.e. Organic cotton)

It seems that this time something really good is about to happen. Those holding and/or buying are preparing for "happy days!"

Best wishes,
Gratzi