Well, in regard to Symbol: VLXC it is my understanding
that if I bring to anyone's attention here about information below, for example, it might be considered as SPAM, therefore I will TRY not to do it again:
There is growing investor interest in Veltex Corporation (Symbol: VLXC) which currently trades on the OTC.BB (Pink Sheets) and is expected to move to the AMEX with the anticipated release of the 2003 & 2004 GAAP Audited Financial statements approximately March 15, 2005 and April 15, 2005 respectively.
Revenues for 2004 reported on the unaudited Financial Statements are approximately $41 Million with Net Income at about $6 Million. Outstanding shares are reported at approximately 7.0 million shares outstanding (therefore EPS is reported at about $ 0.86/share). The current price for VLXC is about $1.15 to $1.20/share. If the P/E were to be 10 times the EPS reported, then this stock would trade for over $8.00 per share. It is believed to not be unusual to trade at a P/E ratio of 20 times EPS, at this P/E Ratio VLXC would trade at above $17.00 per share.
