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Thursday, March 10, 2005 11:58:59 PM
I talked to this person, that person. I said __________.
You said you taked with Anne Tahim in one post, but later said Anne Tahim never returned your call or email.
Freedom of speech does not = Freedom of Truth.
KCA was a private company for 13 years employing 750 hardworking people. Veltex acquired them in early 2004 and now is using both the VLXC distributors and KCA distributors. This acquisition has also "cut out" a middleman boosting profit margins. There is no way KCA could stay in business for 13 years if they were not making a profit. They were a private co. get it? No stock sales! KCA is one of the largest shirt manufacturers in the Dahka region.
I think the only truth you ever told about VLXC is that Matin paid 80% of Velvet Textile Mills. The Anne Tahim audit said that VLXC is the "Majority" shareholder of Velvet Textile Mills. So as of 12/31/02, that may have been true.
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