Veltex Corporation (VLXC)

[pual]

I respect your disagreement and certainly do not pretend I know.

However IF (capital letters):

- Sales are that great,

- Profit is that great

- We own the Bingladish facility

Why does Matin plan to dilute the shareholders' value to get funds from anybody, using shares presumably undervalued by a factor of 10 more likely a factor of 20?

Why not spend whatever it cost (low estimate of $200,000 and high of $ 700,000) to get the darn thing audited, then have shares representing the claimed value of the company, then use them to finance normally (institutions, banks, ...) a "startup in USA. After all IF the audit was to confirm this morning PR, these institution would fight to finance Matin at a very low interest rate.

The whole thing (and I do not even mention the aborted plan of issuing the equivalent of 1,800,000,000 new current shares) is to say the least abnormal (I do not say it was a scam all I say is it's something that doesn't make sense ... BASED ON WHAT WE KNOW).