Veltex Corporation (VLXC)

[pual]

Food for tought

I have been called out of town for a full time contract and can only come to this board during the weekend. However I was wondering what this "affair" could be all about.

Some suggest that Matin and his freinds were pulling a scam on us. I keep thingking that he failed miserably if that was his plan throwing away 25,000,000 shares at 3 to 4 cents???

On the other hand, I could not beleive he, and those around him, were that stupid???

IS IT POSSIBLE THAT ...

1- They are building up something very worthwhile.
2- They cover their scheme by issuing great PR releases but leaving great doubts by only going half way and leaving critical details out.
3- They have someone filling message boards with messages justifying doubt.
4- They thereby justify issuing remaining shares at a price maintained low by doubts.
5- They somehow buy back these shares (brothers in law, cousins, close freinds acting in their name)
6- Suddenly the thruth comes out at audited financials time (nobody will be able to say they did not say it in advance) and the price of the shares goes right up (Guess who profits from it?).

I may be totally in the left field but you have to agree that:

1- This would be a great "scam"
2- Shareholders could hardly complain
3- Nobody could say that the company did not do "everything possible" to tell the market in advance.

The only potential legal issue would be related to "an insider job" but who would want to investigate such a small "scam" nowadays?

If you are to profit from a "scam" this seems much less risky than leaving the country with few hundred thousands dollars, don't you think.

This is a nice gamble to follow...To bad I do not have time to do it more regularly for the moment...