Replies to post #6751 on Velatel Global Comm. (fka VELA)

[IsaacIronridge]

I Doubt ATDF Is Buying In Front Of You

If your friend is right, the stock should be a legitimate penny stock. However, there are no filings and no one knows where Ironridge stands with shares. Another mystery is VFIN, who just appeared on the ask. Who are they selling for? If you want 75 million shares, they might dump them to you in time as they have millions and millions of shares.

If your friend thinks VELA is valued at 4 million and if VELA's share is worth 150 million, the stock should be worth 35x more, not just 20x. But again, there are no filings. There is a court case that has a pending decision. No one knows what Ironridge's role is anymore. Once those questions are cleared up, this could potentially explode. Until then, there is no basis for price movement.

Also, China Mobile is totally separate from China Motion Mobile. China Mobile is state-owned.

[K_Dog]

Velatel has a venture debt to iron ridge. Your buy price is way low right now that is your problem. For the last two weeks we have been paying .0005 to .0007 for shares. The price has been increasing slowly some believe the MMs are shorting others believe there is a pump coming. If you are a serious buyer and like risk you should have them put in for a bid at .0006 to .0007 right now. The MMs will not let you get a steal at .0004. Some of us have been in communication with George (CEO) who shares the company is still running but he has been radio silent on news for two years now. Many feel he is waiting for a verdict on IRONRIDGES laws suit which has been pending for a while. Once the verdict is released then he will release the data. At that point it will be a sink or swim moment for velatel.

[jjj373]

1. No verifiable information available.

2. CMM,China Mobile, etc

Velatel (formerly Chinatel) has never been clear about anything.
Try to read their SEC filings. Purposely? Could be.

Right now I would settle for knowing who their transfer agent is and the current OS.

[pennymonster1]

If thesis is right, you could pay up now and still would be a home run.

[pennymonster1]

And China Mobile and CMM (CM Mobile) are not related. They may work together but China Mobile is ticker CHL and Vela's controls CMM.

[pennymonster1]

You can buy some now at your price target