Veltex Corporation (VLXC)

[Mastman]

As I have said in the past, one reason for not doing what everyone knows is needed my be that he cannot do it.

Reporting is an expensive task and it takes resources away from other areas. It is important and it should be accomplished, but it should be done when it can be done successfully and for good reason.

Why would you spend the money to become reporting?

To raise capital to expand your business.

To attract analysis that will incourage investment and raise capital.

To prove what you claim by submitting SEC Documents which will raise the stock price and allow you to have better leverage in equity financing to raise capital.

Why you wouldn't do it:

It's expensive.

You do not believe that you will be able to comply in a timely manner due to unreliable data timelines from overseas.

The downsides outweigh the benefits.

You do not do it because it is the right thing to do and will make shareholders feel better. You do it because it is the right thing to do and it will benefit the business. When that is the case I think it will happen.