Veltex Corporation (VLXC)

[ImakeMONEY]

Here is another article regarding the 'govacations' acquisition. For an approximate expenditure of $150,000, it appears they are going to try to market timeshare ownership to the onlline marketplace in the same manner as phonesolicitaters did for the past 15 years.

I'm not sure if income will be generated on a contract or commission basis, but it is an interesting proposition with unexplored potential. It appears to be a $150,000 gamble by VLVT. In my direct experience with timeshares, the selling brokerage can be as high as 30% on units direct from the developer, however it is not an industry that many people are fans of.

Here's the article:

http://www.thetimesharebeat.com/2002/ts/nov/1115-03t.htm