Veltex Corporation (VLXC)

[GratziPrego]

IF the numbers are FICTITIOUS, THEN obviously it would be considered FRAUD. It would not be considered a CIVIL matter, I believe it would be CRIMINAL.

It's one thing if errors were made, or write down of Inventory and Fixed Assets were necessary. But the situation doesn't seem to be such, due to such a "massive write down" that would exist - this warrants suspicion (i.e. over $18.8 Million Inventory and $18 Million in Fixed Assets on the 2006 Financial Statements with $70 Million in Revenue reported. All this, and the company sold for ONLY $15 Million Credit for FUTURE PURCHASES and Uncertain amount of Cash and Inventory - WHAT's GOIN' ON HERE?!)