Absolutely right
Increasing the number of shares before each and every of these steps have been completed would be irresponsible ... to say the least.
The final picture of what this company realy is and the demonstration that recent acquisitions are under control must be well understood and verifiable before this company goes to new ventures.
Agreeing with the requirement for all these steps, I certainly look forward to seeing a strong BOD made of people we can find out about and having an history of successes. Unless I missed something, up to now, trying to figure out general information on the actual management, from general information sources (I do not mean unreliable message boards or company based sources), the only person having a public CV generally accessible is V.Duff. Even if history is not a garantee of the future (I certainly hope so, considering past "errors" of Matin), it is certainly better than nothing...
Stong reputed BOD and financials audited by a credible firm are the only possible next logical steps of the evolution of Veltex.
Authorizing additional shares right now, for whatever reasons, would be a very good reason for many to jump ship. I, for one, would certainly reconsider my long position if this was to happen.
Veltex being pure speculation (scam or not ???) authorizing new share in this context would smell pretty bad...
Roger
