Veltex Corporation (VLXC)

[GratziPrego]

According to the Press Release today if you multiply the 1550 Potential New Customers by $10,000 minimum order estimated then we would have $15.5 Million potential Revenues attributed to the recent show.

Of course, these might be exaggerated figures, but even if it is half the above amount that would be GREAT NEWS !

Let's break it down to various scenarios below:

1/2 x 1550 customers x $10,000 = $7.75 Million

1/4 x 1550 customers x $10,000 = $3.875 Million

1/10 x 1550 customers x $10,000 = $1.55 Million

Therefore, if the Press Release is 10 times the actual amount that comes out of the results of the Trade Show efforts, it would mean that sales would be $1.55 Million. Any way you slice it, it sounds like GREAT NEWS !

It's highly unlikely that the Press Release would have such a massive exaggeration, as we saw that the 2003 Audited Financials were only overestimated by 33% (For Revenues). The 2003 Audited Financial Information can make us have more faith in these recent press releases.

GO VELTEX !