How many will listen to the truth when you tell them.
The last audit proved that the figures presented by Veltex were indeed correct.
Veltex sales in 2003 totaled $19.99 million, while sales in 2002 totaled $13.9 million, and sales in 2001 were $8.7 million. Veltex expects to report another strong year in 2004 with revenues projected to be approximately $40 million and net income about $7 million!
Market cap is only $8.4 million, substantially below the Company's annual gross revenues
Float is very tight at only 1.5 million shares.
Entry into $6 billion surf apparel industry will be very positive for further dynamic revenue growth
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