Veltex Corporation (VLXC)

[pual]

On the release, the stock went from $0.85 to $2.10 and I would bet a lot of shareholders dumped their shares for whatever profit they could get (millions of shares are out there at a cost of $1.00 or so.

Now the stock seems to have stabilized at aroud $1.40 and many are probably wondering what trick Matin is doing on us once more. We all waited (some as I for years) to see if this could not be a great speculation but got sisappointed every single time.

My bet is that before the end of the week some more people will at least reduce their position and the PPS may very well go down some more ($1.20 - $1.25). The others as I, will just sit on cheap shares (below $1) and wait for monday or hold to costly shares hoping for the best.

In any case, as usual, only Matin seems to know what is in the plan but I have been told that he is under pressure to help close ones who have expensive shares on hand.

This is a reason why I imagine that next monday release will not be bad but neighter will it be as great as I would love it to be.

For sure however, if Matin comes with a warrant-type dividend and cannot outline normally audited and reportable financials, I will seriously think of walking away. This to me, would mean the guy is realy not honest (I know ... some will say that they told us all along).

We shall see!