Veltex Corporation (VLXC)

[invest1980]

From the press release:

"We look forward to keeping our shareholders and the financial community well-informed of our progress, and to ensure that we maintain clear and constant lines of communication."

Yeah, right!! clear and constant lines of communication!. Is that why Matin put the gag order on the Transfer Agent not to disclose the outstanding share count? Is that why there is a question today whether the Textile Mill in Bangladesh is a wholly owned subsidiary (as claimed in previous press releases)?

Give me a break. I have been following this company for over two years and there is a clear pattern. Different Investor relations outfit every 2 to 3 months. Must be when they start asking the tough questions, Matin gets nervous and terminates the relationship.

Wheres the audit? It was supposed to be delivered by end of November, then by the end of December, now in the recent press release it is "in the near future". A very familiar pattern based on the past history of this company.