Veltex Corporation (VLXC)

[Mastman]

Keep in mind the fact that stock issued by any non-reporting company is restricted for one year and then figure in the deals for KCA (Dec-January '04/'05) and Explorer Headgear (April '05) and you might get some idea of large shareholders timeline. Deals can be signed and agreements made long before share are issued, but the clock still starts on the issue date so the dates I ahve provided are most likely well in advance of the issue dates.

Matin also hints to further acquisition which may involve cash and stock. If this happens the timeline for the new acquisition will extend any PPS increase mandate and make a point that Matin get the first two partners to hold off on any large scale selling to protect the third partner.

Just my opinion.