Veltex Corporation (VLXC)

[pual]

"Not only has the company given up on press releases,"

I personally consider that to MAYBE be a signal that he finally understood that the time when spending to issue PR's to support PPS has gone by, considering he has no credibility.

"but it appears the promised audit will come when the pig flys."

Possibility but MAYBE he finally figured out that the future of the company must go thru its normalization as a do seriously manged publicly held companies.

On the other hand, assuming he realy controls the company, MAYBE he his preparing an exit from his current dead end, thru means that he could profit from, letting us with shares having no real future.

This is a gamble only and be sure you only have money you can afford to loose in there.