Veltex Corporation (VLXC)

[Growth And Value]

Should I post the Financial Statements?

I was thinking about posting the Financial Statements for 2002 here. I have all the statements on an excel spreadsheet and they all balance.

I just don't know if I should post it now, or wait until the audit is done.

I'm not afraid of Full Disclosure.

Miami if you even bothered to look at the Anne Tahim 2002 audit, you would clearly see that Loans payable from stockholders as of 12/31/02 was $3,195,517. That is the "Related Party Payable" that I was taking about.

Funny how these bashers have nothing to back up their claims.
Personally, I'm glad that Matin is a "tight wad" who doesn't waste money on expensive office furniture. He also don't get a big paycheck judging by the income statement. He is not like some C.E.O. that give themselves millions of dollars in salary.

As far as dillution: $6.03 Million earnings / 6.81 Million Outstanding shares = $0.89 eps. $1.26 stock price / $0.89 eps = 1.4 P.E. Is a 1.4 P.E. too high? You want the P.E. to be less than 1?