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Re: pual post# 9904

Monday, 06/06/2005 3:54:26 PM

Monday, June 06, 2005 3:54:26 PM

Post# of 19546
Expanding into Canada makes good sense because:

1) Canada has no tarrifs.

2) Canada has a no double taxation rule in place.

3) Consolidation with U.S. should be no problem.

Because of the no tarrifs and no double taxation, net profit margin will be higher than that of the U.S.

I believe Matin is moving Veltex in the right direction. Once we see more PRs with specifics, I think the market will take notice.

The employees of Veltex, I believe, are working hard to make this Co. successful. If you look at all the trade shows they have attended, I think you will find this company will overcome the mistakes of 2003 (trucking).