Veltex Corporation (VLXC)

[jhawk75]

Here is the posting I put out earlier. The PRs are from Nov 2003 - Sept 2004. Don't know if this helps.

http://press.arrivenet.com/bus/cmpny_snpsh.php?symb=VLVT

I have another theory that I don't see many people, if any, talking about on this board. Veltex puchased KCA Garments in early 2004. And in 2004 Veltex more than doubled their income. According to PRs KCA had revenue of $14.1 million in 2003 with 7% net income.

So to me, it seems obvious that the large increase in revenue this year is in fact from one major source, KCA Garments. Maybe the Bangladesh mills and Veltex apparel have $20-25 million in revenue this year with KCA accounting for the other $15-20 million. Seems logical, but I don't see any discussion on this, just the revenue from the mills.