Veltex Corporation (VLXC)

[pual]

I do not see much action recently and I do not expect to see much till the audit is out. Then people will have reasons to move one way or the other.

Till then, few will keep taking back or throwing in their few hundred dollars bets.

My observation over the last days is that, the price staying at 2 cents or so after the last PR and previous promissing releases, the credibility of the management is very low (not to say non-existent). Even those close to the action do not seem to get agressive in adding to their positions (unless they can do it at 2 cents or less).

That does put a stop to my desire to beleive that great news are ahead ???

I would be happy if we get news by sometime during the month (not even sure of that) and if the news is not to bad.

The general behavior and communication skill demonstrated by the VLVT management team, certainly do not help me trying to beleive that they acheived great successes over the last year or so.

I however do not mind being proven wrong !!!