Veltex Corporation (VLXC)

[GratziPrego]

The recent news was expected and doesn't seem that it will be the type of news to drive up the stock price. It may be a "catalyst" for change towards a positive direction EVENTUALLY (we just think it may be a long story ahead). If they keep on issuing Press Releases without Quantitative Information, we should expect little or no reaction in stock price.

We are living in times where everyone is getting "back to the basics" specifically, we have to see concrete numbers before we jump in. Many lost a lot of wealth and suffered - we don't see VLXC as a 'huge source of wealth' right now. It could be, but we don't have any reliable information yet. The recent PR is a good sign that management has officially changed - we just have to see what they are really able to do (i.e. can they "walk the walk" or just "talk the talk"?)

There is no "Quantitative" information in the Press Release - it's just more of a self-congratulatory message to the new board of directors and chairman of the board. There is mention of "capital financing" and "lines of credit", but NO QUANTITIES mentioned.

Therefore, the formula to explain the lack of reaction to the Press Release is NO QUANTITATIVE INFO = NO STOCK PRICE CHANGE (NO REACTION). (Of course, there is a chance that the stock may spike and then return back to lower levels - like true PUMP and DUMP fashion) Most likely, the stock will go up just a few tenths of a penny and just sit there. Which for most of us translates as "Not much of a reaction" because we don't recover most of our losses.

Best wishes,
Gratzi