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Re: invest1980 post# 9041

Saturday, 04/09/2005 12:34:58 PM

Saturday, April 09, 2005 12:34:58 PM

Post# of 19549
King,

Sorry, did not mean to mispell your handle...anyway, control of management at Veltex Mills is my interpertation of the statement in the audit which may or may not be correct.

Kink,

The transfer of the money is only one of the issues. The other issue is not having control over management of Veltex Mills. Not sure how this is possible if Veltex is truely a wholly owned subsidiary