Veltex Corporation (VLXC)

[GratziPrego]

If we could only make money betting on the stock price staying around the same price. It's very likely that VLXC will remain the same price for a long time. (It is even likely that the price will go down, after the current market rally fizzles)

Below is a "Reality Checklist":

1. Based on the fact that it took over a year of legal activity to finally get New Management, the other matters such as line of credit and capital financing may not be so reliable.

2. Who is really gonna buy this stock above 0.02 when it's been sitting at approx. 0.01 and lower for a long time? (even if it did go to 0.02, it would most likely be short lived, or just sit there at that price and not go much higher from there - it is highly unlikely to ever reach 0.10 or above - we'd make more money betting on it staying below 0.10 then going above 0.10, and if it ever hit 0.10 then an immediate sell off would occur - it would not be able to sustain 0.10 for a reasonable period of time)

3. Investors are afraid of jumping into penny stocks, because of a lack of disclosure.

4. We're still waiting for an official recovery in the market as a whole, even though there have been recent consistent gains in the last few weeks in the Dow Jones.

5. Many that would have been potential investors in Veltex do not exist now because they lost big portions of there 401k and other investment accounts in the downward spiral of the stock market.

6. Veltex may even have to issue more shares, thereby bringing down the stock price, in order to generate cash.