Veltex Corporation (VLXC)

[Rob2004]

I understand that and agree, but remember that "perception is reality" and I believe that the lack of communication about the audit is what is making you say, "It's been promised for a long time, with no action." We really do not know if there has been or is any action being taken. This adds to the current negative credibility status of Mr. Matin. The fact that we are still holding above 1.50 and the licensing angle they are persuing gives me hope of a brighter future. I feel that $1.00 per share on net revenue is actually very good at this time for this company understanding that they have had a bit of a rocky road and are probably still transitioning the businesses they have aquired into their operation. Do you agree? Am I looking at this through rose colored glasses?