Veltex Corporation (VLXC)

[kingnazzikanazzer]

Paul, you haven't given the process enough thought. Remember, there's two parts of creating SEC financial statements: 1) performing an audit to express an opinion on the numbers, and 2) compiling the numbers into an SEC format, with sufficient documentation as to business specifics.

The audit of the numbers was likely done sometime ago IMO. It's the writing of the "First" set of SEC financial statements and footnotes that take time and thought. They need to get these right the first time, and I suspect attorneys have reviewed them too. 2004 should go much quicker since the groundwork will be in place.