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Re: pual post# 10439

Wednesday, 09/28/2005 5:40:54 PM

Wednesday, September 28, 2005 5:40:54 PM

Post# of 19546
Paul, I guess this is the "normalization" that you were talking about. One thing to think about is these numbers only reflect 1 month of Veltex-Explorer. (June 1 -June30).

Add to that the 2.0M projection vs 1.4 in the last three months for Veltex-Explorer, and the third quarter SHOULD be better.

If current net assets are $14,748,000 or $1.48 per share, then either Matin should be buying lots of shares or even selling the company for this amount.

The John Daly deal should be done with ALL cash.

VLXC investors deserve much better than this. Matin should have lots of cash somewhere, he can only be redeemed if he gives us a cash dividend, share buyback, or all cash acquisitions. MATIN YOU OWE US!! PLEASE HELP US !!!