Veltex Corporation (VLXC)

[nightstocker]

dag,
I don't want to argue or even discuss this issue but
the entire discussion of shorts is so seriously overdone by every penny stock CEO looking for excuses it is no longer anything but hilarious. The vast majority of short positions in any penny stock is held by insiders and those involved intoxic financing deals.
Individual investors (including small institutional) wouldn't waste their time due to the extremely high margin requirements and high risk/reward ratio. In short, it is an urban myth. Also, as a matter of interest, a reverse split would have no effect upon a short position, nor does any of the other straategies and techniques that various penny ceos have tried in recent years.
The only way to prevent shorting of a stock is positive progressive growth.

ps. As an example, my broker would allow me to short this stock but would require me to tie up 48 cents for every 2 cent share I shorted. If you figure out how much money I have to tie up to make a maximum return of 4% if the company went bankrupt, you would see just why it is completely improbable (not impossible) that anyone would waste their efforts. Look at the type of stocks professional shorts like Anthony@pacific target, they are not 2 cent pinkies.