Veltex Corporation (VLXC)

[shrotker]

Almost 10 millions shares in an hour! This announcement has stired interest even beyond Zoo.

Matin told me that he needs the funding now in order to take advantage of the demand in the market. If he does not get the funding the business will not grow, but it will not suffer either, Traditional financing will take time and the opportunity currently available will be missed.

I realize that this is not business as we would like it, but it is a business that a year ago we were doubting existed. I'd say that's quite a bit of progress in a fairly short timeframe.

Still a very speculative issue so don't bet the farm.