Veltex Corporation (VLXC)

[pual]

So do I. However having 200,000,000 O/S or 170,000,000 at current PPS only means a difference of $ 300,000 in total capitalisation.

The question is realy: "are these shares worth 15 or 20 cents or are they worth nothing?".

Till we have this answer, the number of O/S is not very important... however interesting to know.

This being said, if 30,000,000 shares were effectively issued over the last 10 months, I realy wonder if all financials we saw or heard about do exist.

Why in the world would a company presumably making good margin on $ 15,000,000 worth of sales, throw away $ 30,000 worth of presumably extremely undervalued shares months after months?

This stock justifies thousands of questions and shareholders have no answers they can verify.

One can assume whatever he wants and no one can seriously contradict him for the moment.

Bottom line, we can only go down 1 cent/share, we could (when God and/or Matin wants to) go up many cents/share.

That's called a speculation (even may be a bet).

Personally, I leave my chips on the table till the wheel stops.