Thursday, March 31, 2005 2:01:19 PM
We feel much better today knowing that an actual audit has happened and confirms $15 Million Revenues and $1.9 Million Operating Income from the Bangladesh Entity.
Sure, we prefer that the 33% overestimated Revenue amount didn't occur but we still have a confirmation that Veltex is real.
Veltex is aggressive in trade show participation !
Veltex discontinued businesss that was not profitable !
(Excellent business decision)
Veltex has an impressive catalog !
Veltex Textile Mills reports $1.9 Million Operating Income!
(And yes, this is considered to be Audited by Bangladesh Firm)
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