Veltex Corporation (VLXC)

[SAMNOTSAMUEL]

Growth and Value,

Everybody needs to wake up to the status of this company. The jury is out on whether this is a valid company. I have a stake in this myself since I hold a position.

Think objectively. If this company for the first qtr earned 22 cents, then conservatively this stock should be valued at $6/share.

If Matin uses this stock to make acquisitions where the stock has a purchasing power of about 1/6 of that then it needs to be an extraordinary return on such a paltry price per share. This is fundamental business sense. IT would make a HELL OF a lot more sense to only make acquisitions when you can get at least $3/share for your share use.

Also for Matin to address issues of ownership, a very clear 2004 audit is needed or why should anybody be a true believer.

Right now there is no room for faith, beyond yes it is a real company with some business. Whether Matin can ever come across as honourable is iffy, ie how about our great $3/share earnings last year, bunch of bullshit.

sam