Veltex Corporation (VLXC)

[invest1980]

Max90210,

You are not even getting 10Qs out of Matin, so what makes you believe you will get a 10K? Based on past performance you will eventually get an audit, but the audit will not answer any of the hard questions. Remember, he hired some small (I am assuming small) outfit out of Utah for the audit, yet his principal offices are in California and Bangladesh. What kind of due dilligence do you think you are really going to get?

My advice is to sell on the spike when the audit comes out. That is what I plan on doing. I have held my stock for 2 years and it is time to change tactics. The problem is that good old Matin will be selling into the same spike.