This being said, trying to better justify whatever you did or plan to do, getting as objective, independant and reliable information as possible remains critical if you "play" the market or try to decide if you should or not.
Today's release is particularly interesting considering the following:
"Based on initial discussions with Veltex's Chairman and CEO, Javeed Matin, VLVT appears to be a true diamond in the rough, emerging growth company. I have spoken with a majority of the senior management and have become very interested in all aspects
of the company, especially the trucking division."
Quite an interesting statement and an additional player committing himself and claiming to have had access to reassuring information from those managing the company.
However, it is also important to note the disclaimer of OTC live, reading:
"The Publisher, its affiliates, officers, directors, subsidiaries and agents (collectively, the "Publisher") of this advertisement may have been compensated by the Companies advertising herein, which compensation may include shares of stock in the Company. This would create an INHERENT CONFLICT OF INTEREST and the Publisher would therefore benefit from any increase in share price of any Company(s) advertising herein which is held by the Publisher."
Again, I beleive that short of having access to audited financials approved by credible auditors, we will have to wait to find out if this "true diamond in the rough" realy is...
Roger
Patiently,
Roger
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