Veltex Corporation (VLXC)

[ImakeMONEY]

Found it. It is the same company. Here is confirmation:

http://www.marketpulsenavigator.com/past_profiles.htm

I had seen this before, I can't believe how unorganized I am,lol.

So from their disclosure they sold the first 200K shares, but still have 300K restricted. I think it is safe to assume that they shorted the full 300K, possilby more, knowing for a fact they can cover with their own holdings if the price fails to fall into a profitable range for them.

Restricted shares were a bad idea to use as compensation. Javeed should have given them options instead. Freetrading is bad, but restricted can be worse.

Hopefully there will be more follow up emails or newsletters included in that contract and that the whole positive effect of it has not been realized yet. I'm in at over 4.5 cents and want to see a dime for my time,lol.

Robert