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Re: Sky-King post# 4989

Thursday, 09/23/2004 7:44:52 AM

Thursday, September 23, 2004 7:44:52 AM

Post# of 19547
If that is true (and it may very well be) and Matin is still looking for private fundings diluting current ownership, it means that:

- All of this reports results of Veltex Mills's results

- Veltex USA operation is up to now unsuccessful

- Matin operates both entities as if they were totally independant one from the other.

If so, what do we realy hold as shareholders? What control does Veltex USA realy have on Veltex Bingladesh?

Bottom line, what is that PR realy all about.

Such a financial report, if it was credible (audited/reported)) would absolutely propulse the value of our shares to + or - 15 cents (pre-useless split) overnight.

It will not.

Why?

Only Matin knows (the truth ... whatever it is).



Patiently,

Roger