Veltex Corporation (VLXC)

[pual]

I beleive the PPS will slowly go down, as low as $0.75 if times permit, till serious information becomes available.

If FY2003 audit comes out soon and it does confirm company generated past claims, we may see a spike back up in the $3 - $4 range.

But this will be just that, a spike, and FY2004 audit will be required for us to know what our shares are realy worth ???

As I said earlier, there may very well be a simultaneous release of both audits.

All of that if an audit is effectively being performed.