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Alias Born | 02/13/2005 |
Tuesday, May 31, 2005 10:54:05 PM
1) They must have a sizable amount of cash somewhere to pay for the $1,000,000 net income per year for the acquisition. It would be outstanding if the cash came from Bangladesh into a U.S. based acquisiton.
2) Additional shares will be minimal, so EPS should stay strong.
I agree with other posters in that Veltex would be better off without otcgrowth.com. We need concrete, detailed, easy to verify facts, names, and quotes from individuals (like the Coral Head PR) regarding U.S. sales and earnings not more estimates and assumptions.
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