Veltex Corporation (VLXC)

[shrotker]

Here's my point.

You wrote:

"Since KCA and Apparel are 100% owned, so must Velvet Textile Mills. The audit report will make this crystal clear. (Bold face my edit)

I suspect if there were any outstanding shares owed for the Mill, they're part of the 6.6 million."


Why do you think that the additional 5 million shares included the purchase of the mill?

If Matin was looking to spend 18 million post r/s shares for the mill are you saying that he got the mill and KCA for 5 million shares?

Perhaps I misunderstood your post, but I am saying that I expect that there will be another 18 million shares issued sooner or later for the mill and that we should take that into consideration when valuing our shares.