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Re: Growth And Value post# 8601

Thursday, 03/31/2005 2:01:19 PM

Thursday, March 31, 2005 2:01:19 PM

Post# of 19549
GrowthAndValue, please read Post #8578.

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)