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