Veltex Corporation (VLXC)

[invest1980]

First of all jhawk let me make it perfectly clear that I am long 2250 shares on this stock and have been so for the past two years (225,000 pre split). I have been monitoring this board for the past two years and never posted. But after the most recent press release by Matin where he stated "he was ready to reward loyal shareholders" and he promptly put a gag order on the transfer agent and issued significantly dillutive shares, I could no longer just sit and read this board.

I have changed my tactics and will sell on the very next lie put out by Matin. Then I will wait for the price to go back down and buy back in and wait for the next pump. That is the only way to make money with this stock. Once I break even I will consider staying out for good, but I may still post on this board so that others may learn from my eperience with this stock and will have enough sense to see Matin as he truly is; a lying snake who has no regard for shareholders.

Talk about 500 Million presplit (i.e 5 Million post rev-split)shares may not be relevant to you and those that purchased stock post-reverse split, but it is very relevant to those that purchased shares pre-split as it really illustrates the level of dillution (after Matins claim he is ready to reward shareholders)and keeps things in the right perspective.