Since you ask, my history with Veltex (I assume you do not want me to cover my childhood) is very simple
-Bouth in (investing) in 1999 and assumed it was lost thereafter.
-Following resurection of the activity, an article by unpaid Stockprowler and interesting releases by the company, I tought there was potential for a SPECULATION and averaged down last October 23rd
-Being able to find the credentials of V.Duff on internet and communicating a few time with her I did get more confident and SPECULATED some more, averaging down again on November 6th
Since then, I was troubled by the incomplete and confusing information available from the company relative to an otherwise outstanding claimed plan and actions reported. I did express this concern multiple time herein and never was able to understand why the company was not more precise and transparent, considering they had to use their shares valued at few pennies???
Notwithstanding the bashing of many people I ignored a long time ago, some messages herein and reports herein of serious DD done by some added to my own, I decided that this speculation was becomming to high a risk and decided to pull back.
I still do not know what Veltex is all about but my beleif is that it is of three things one:
- A scam (how much of a scam remain to be seen)
- A real new beginning of an abandoned business as per Matin's own admission (will it be much less important than the unverifyable acheivements claimed in recent releases? That remains to be seen)
- A fantastic opportunity to make a lot within few months? I now consider that possibility to be quite remote.
By pulling back (my cost went from 43, to 9.5 back to 34 cents):
-I reduced my risk considering the first possibility,
-Kept a foot in the door to be close by whenever the second possibility is better understood (I then may be able to speculate again in a smaller risk environment)
-Remain a shareholder that will add to his investment as soon as the third one is confirmed somewhat (granted at more than 4.7 cents I got yesterday, but in a more serious context).
There you are.
If you beleive that to be bashing with ulterior hidden motivation, it is your right but whatever your beleif, unless you are an insider very close to Matin himself, you know as much as anyone about the real future value of your shares.
Sincerely, I have no motivation whatsoever to see this speculation to be desastrous once again...On the contrary.
Roger
Patiently,
Roger
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