Veltex Corporation (VLXC)

[pual]

"why would he hire the C.P.A. firm in the first place? You don't need audited yearly financials to be on pink sheets!"

As you say, if he wants to remain a penny stock listed on pinksheet, he doesn't have to do much altogether.

However, for whatever reasons he has been issuing new shares and now claims he look into acquisition. In this context, not putting "normalization" as priority number 1 doesn't make sense ... if the story is anything close to what is being claimed.

Audit, listing and credibility seems to be the only way to go for someone heading the kind of business Matin claims to be running. Accepting to stay a penny stock on pinksheet is either a way to hide somthing or demonstrate you are to say the least, incompetent.

I do not judge, I just observe and wonder what this guy is realy doing and why. Bottom lin: I DO NOT HAVE A CLUE!