Just back from ASI Show in Chicago today.
I am an attorney from the Milwaukee area. I am 50 years old and have been practicing estate planning law for over 21 years. I purchased a huge block of VLVT last year. After listening to all the "fraud" accusations on this and other boards, I decided to investigate myself. I was planning on going to California to the home office, but was unable do to surgery. So, I decided to go to the ASI Show today since it was in Chicago.
I got there and found VLVT's booth fully decked out with product and attended to by two sales reps and Javeed Matin himself. The product and the literature were very attractive. Interest at the booth was brisk to put it mildly. I was very pleased with the interest shown by show participants. I then introduced myself and asked Javeed if I could talk with him about the company. We sat down and talked for 20-25 minutes about the company, sales, reporting, etc. I explained exactly who I was and why I was there.
He appeared to me to completely forthright and forthcoming with all the information I asked for. As far as the "audit" issue, he said that has been frustrating because the large firms want 200,000 dollars to do it and he views that as a huge waste at this point in time since the company is not required to do one as an OTC company. He believes the auditors currently being used are, in fact, credible and very adequate for this stage. I am very satisfied with my trip and visit with Javeed today. I still plan on visiting the California home office in the next few months. I for one will be buying many more shares in the weeks ahead if prices come down much more. If anyone out there would be seriously interested, I would even be willing to plan a trip to Bangledesh for further fact finding.
JoeLawyer
