Veltex Corporation (VLXC)

[invest1980]

No question Matin is Lying. He has done it before on numerous occasions so why not now? Anyone who thinks that Matin has not issued additional shares since the reverse split is crazy. Why esle would he tell the transfer agent not to divulge the share count? Just look at the average daily volume of 100K+ shares trading hands each day post reverse split. Is that level of volume consistant with a float of 1.3 Million shares?

He claims to be generating $7 million Net Income on $40 million in sales. Is that with the Bangladesh textile mill as a wholly owned subsidiary? Because if it is not wholly owned, then he can not claim 100% of the revenues and profits from the bangladesh operations under Veltex.