InvestorsHub Logo
Followers 33
Posts 7574
Boards Moderated 0
Alias Born 12/15/2002

Re: hapslap post# 8859

Tuesday, 04/05/2005 3:20:31 PM

Tuesday, April 05, 2005 3:20:31 PM

Post# of 19549
"Why? don't you think healthy skepticism is warranted here?"

What makes you beleive I don't.

I am not skeptic related to the $5, $10, $20 per share, I do not beleive any of these to be out there for years (many) to come, if ever.

I am not skeptic related to the efforts made to build an American distribution operation. I however wait for the 2004 audit (at least showing the USA related financials) to see if revenues are or not being generated in USA.

I am very skeptic related to whatever is going on or not in Bengladesh and who owns it, whatever it is. All I know is that there is a plant out there with a "Veltex sign" right at the entrance door. This being said I do not have a clue what is going on behind the walls (would have stepped on my car but it's only a photo ... LOL)

The question is, beleiving that this stock is (will be) worth something (not $0.00) what will that be (not $5.00).

My questionning is, could it be more than $0.50 (capitalization of more or less $4,000,000 suggest a year profit of roughtly $400,000).

If so, this, at $0.50 could become a speculation which may turn out to be an investment.

Still thinking...

Patiently,

Roger