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Dutchie

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Dutchie

Re: Rob2004 post# 10411

Wednesday, 09/28/2005 9:33:03 AM

Wednesday, September 28, 2005 9:33:03 AM

Post# of 19547
I just got off the phone with Finn Walstad (their contact for I.R.). It seems that NOT ALL the subsidiaries in Bangladesh have been included in this unaudited financial compilation.

It would have been nice to see that remark somewhere in the press-release as these headline numbers are disappointing.

Mr. Walstad said that he talked to Mr. Matin (hearsay so I cannot vouch for this) and according to Mr. Matin Veltex is still on track to meet the before specified targets i.e. $ 60 mln in rev. and $ 1 eps. But as I said I did not get this from Mr. Matin himself.

Take Care

Take Care

Remember: predictions made in the past are no guarantee for predictions made now or in the future. This post has some unpredictable forward statements in it and must be treated as such according to SEC rules ;-)

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