Tuesday, April 29, 2003 9:01:12 AM
Proving that Matin and his team did anything other than fail because of total incompetence would be quite a process and I suspect SEC has more important priorities at this time.
Obvious very large cases, involving billions, in normal markets (PS is not) take many years to resolve whenever they are and generally shareholders only get some satisfaction in seeing billionnaires give back part of their assets to move on.
Veltex is a small gamble that may be some kind of a scam (many ways to manufacture one) or not. In any case, what you see is what you get and "dreaming" of big brother (government or SEC) helping us is great till you wake up and find out it only was that...a dream.
This being said, whatever is being written in these boards, Veltex could be anything you want but we only will be able to figure it out when the company will decide to conclude whatever their strategy is all about.
I just hope none of us have put anything but spare money in such an affair.
Patiently,
Roger
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