Veltex Corporation (VLXC)

[pual]

Thanks for the info.

True or not, this approach is incredibly unprofessional. But, who knows, may be it was not accidental?

Matin went in front of presumably important audiences and committed to deliver great audited reports BEFORE the end of the quarter (he even said before the end of February at one point).

The company included this commitment in multiple public releases over the last 6 to 9 months.

Now they are not even polite enough to issue a short release acknowledging to their shareholders a short delay in delivering on their promisses (May be they still try to scare away some shareholders).

I repeat it, we either face small incompetent crooks (then they failled miserably considering the price they got for the shares over the last months) or we are being manipulated by smart hypocrit crooks setting themselves up for great profits, having issued 50,000,000 shares at very low prices, indirectly getting control of them by having them bought in the open market, then delivering audited reasonnably good results, doubling or trippling the value of their shares to between 5 and 10 cents (a very low ball estimate).

In the first case we will have been had by crooks not worth going after, in the second case we will never realy know and we will even be happy to get whatever we can after we tought it was lost anyhow.

One thing still bothers me... Who bought millions of shares over the last month at 1.5 cents + or - and why did they feel it was worth doing it?

10 days ??? let's see...It may very well be after all???