Velatel Global Comm. (fka VELA)

[jjj373]

It is DILUTION plain and simple. Hedge Funds get shares at a discount which they promptly DUMP. By the end of today there will be at least a 100 million increase in the OS. My guesstimate is a
OS of between 1.5 Billion and 2 Billion by next 10Q.

One thing about George, Family and Friends is that they always file which keeps them out of trouble with the SEC. It is all in the SEC filings and NOT the PRs.

It is a travesty that some encourage buying into this crap which is entirely legal.

Since VELA has nothing to support an OS of 2 Billion or more, they will then RS at some point and start over. It is called Wash, Rinse and Repeat. IMO they are having a more difficult go at it this time because most no longer believe their BS nor does anyone listen to Tubby Smith and Crew.