Veltex Corporation (VLXC)

[SAMNOTSAMUEL]

McEnulty,

The guilt of the $3 million figure started with my post. Actually I threw out the $3 million in cash figure. On top of that also an issuance of stock but supposedly less than cash amount.

What is typical pe in private purchases? Would it be less than 10? In old bear markets, I think stock pe of 7 perhaps so why not pe of 5-7 for private world?

Everybody completely agrees that this company has yet to be detailed enough to draw serious investor interest.

PR did promise more details forthcoming when deal is done. I think it would be a first if we get all the details.

sam