Veltex Corporation (VLXC)

[nightstocker]

I just called my local BBB to ask them about how they record and provide info and this is what they said.

Members of the BBB pay a fee to join up with the BBB and can then advertise their logo and affiliation. The BBB will provide favorable reports regarding their members.

The only time info is collected on non-member companies, is when complaints regarding business activities and practices from these companies is received. The lady said they would have no way of knowing each and every business in my city and that it is not their mandate to provide info of every one of them. They suggested I contact the local Chamnber of Commerce, which is funny because that is where my office is and where I was calling from, ha ha ha.

Bottomline is that the only Memphis organization that I can see having to know about the business there would be the city or municiple liscensing department, all others have voluntary or paid membership and are not required to do business. Again, I have spoken with neighboring businesses and will wait until I talk to Mr. Friedel before jumping to any conclusions other than what I have so far.

JR