Veltex Corporation (VLXC)

[GratziPrego]

Pual, you're probably familiar with this statement below. So for those that are unfamiliar, please read simple explanation below:

In simple words, a Theft Loss amount is just a Deduction that can be used to Offset Income (If the Guilty Parties cannot return the Money Back). (Deferred Tax Asset)

It's a Deduction that Offsets Income but is NOT Net Income itself. (It's a Deduction NOT a Straight Non-Taxable Money Reward).

A $100 Deduction is Different then if someone just gave you $100. What you get back is dependent on what your Tax Bracket is.

Formula: Net Deduction x Tax Bracket = Tax Savings
(Net Deduction = Deduction - 40% Attorney Contingency Fees)

(40% is just an Estimate of Attorneys Fees)