Veltex Corporation (VLXC)

[pual]

Some explanations I can imagine are:

He had options (do not ask me how ???) and these were allowed to vote ???

OR

He lied to you saying he did not buy shares

OR

He has a silent partner owning shares which he effectively control.

Whatever the case, I think he somehow effectively control the shop.

The good news (IF this is) is that somehow, someday he will want to see his shares effectively represent what they're worth.