Veltex Corporation (VLXC)

[GratziPrego]

I do NOT have any SHORT position in this stock. I'm actually a shareholder just like you. I've been a shareholder for more than a couple years. In this time I've read all the press releases only to NOT see any of them come to fruition (i.e. Audit, Buyback). Please understand I do NOT want this stock to crash. I want it to succeed. What I'm against is being led to believe about successful performance and then when it's time to provide supporting material (i.e. Audit), nothing is delivered to us.

Many of us shareholders bought based on the Unaudited 2006 Financial Statements ($70 Million Revenue, $18.8 Million Inventory, $18 Million Fixed Assets, $53 Million Total Assets). We want this information to be true and for the stock to increase in value. It seems that the numbers are NOT true, and so we feel betrayed. We believe that a management change is necessary due to lack of integrity from current management.

New management could bring optimism and drive up the stock price as a result. This is what we want when we ask for justice and protection of innocent shareholders.