Veltex Corporation (VLXC)

[GratziPrego]

It's interesting, but as we notice, it's not much volume still. Also, it seems that the buyer is just buying small amounts so as not to raise the ask price too high. Also, the buyer seems to be exercising caution in efforts to avoid being a big sucker.

This is a minor flirtation with the stock that the buyer displays. It could possibly lead to further advances, but for now it doesn't account for much.

We can't expect much until we get a Press Release that clarifies the Financial Status and Reasonable Expectations of the company. We need real actions in addition to the Annual Shareholder meeting that took place on March 10, 2009. It's been over 1 1/2 months and we haven't heard anything. Even though it was great news to have the Management Change, the stock is not going anywhere lately.

Will VLXC be held by more than just a small number of shareholders?

Is the only value of the company comprised of it just being a public company?

It seems that the company has not much left in Assets and most likely a lot in Liabilities.

Can Veltex survive?