Veltex Corporation (VLXC)

[mytejano]

The simple FACTS are that VLVT stated as a matter of FACT what taxes are applicable to VLVT in the Oct.22 PR..Anyone with half a brain knows that one of the first things AUDITORS do is examine and make sure a company is paying any and all applicable TAXES..Since Oct.22 VLVT has repeatedly stated it has retained an AUDIT firm and the AUDIT process is taking place to the point where on Jan.23 VLVT's ATTORNEY(The one who knows the LAW best)pubicly stated the AUDITS will be publicly released before the end of FEBUARY..Simple common sense should tell anyone that VLVT's attorney stated that on Jan.23 because he"KNOWS" the AUDITS are proceeding just fine!That means any TAX issue with VLVT has ALREADY been examined by the AUDITORS....All I know is I'm holding back $10,000 just for the day VLVT releases the AUDIT report..If VLVT is still trading anywhere near 3 cents the day of the AUDIT report and the AUDIT confirms that VLVT did aprox 6 cents EPS on 50 mil O/S shares for 2002 and it confirms VLVT has aprox $11 million in assets with minimal debt giving it book value of aprox .20 cents per share,then I'll be buying as many shares as I can get at this current level..Tejano