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Re: wankyp post# 4228

Thursday, 05/20/2004 5:41:03 PM

Thursday, May 20, 2004 5:41:03 PM

Post# of 19543
We know (from the company's release) that this site (revenues, O/S,...) is not up to date and I hope they soon include up to date data and a picture of whatever facilities they have in Bingladesh.

Undervalued stock? We will know much better whenever the company reports to SEC. If recent releases are true, we are undervalued 1 to 15. The issue is the "if".

From my following of this stock for years and doing as much DD as I could, I now beleive Veltex is for real. However it is still a non reporting company and that allows doubts and therefore makes this stock a speculation presenting high risk but low cost.

From what I can see and get from sources, I am optimistic that sooner than later, the cat will come out of the bag. As I wrote earlier, the company now (last 6 months or so) looks much more professionnal in whatever we can withness and/or read and I feel they are executing a plan of action leading to normalisation of the company.

However these feelings are obviously not yet shared by the market. Look forward to see whose feelings are right.

Patiently,

Roger