Replies to post #17180 on Veltex Corporation (VLXC)

[shadolane]

I know at the last annual meeting approval was obtained for a 1:25 reverse split.

Does anyone know if that was executed?

Thanks

[pual]

Saw that. Seems great ???.

As we say, if it moves it must still be alive. Let's see what's ahead.Batuta Capital Advisors is a merchant bank founded in 2013 and headquartered in New York. The Company targets middle market and special situation opportunities in both the public and private markets. Batuta specializes in turnarounds, bankruptcies, and distressed opportunities across the capital structure.

We invest in businesses that have sound fundamental value and look for companies that can generate cash flows, or have significant unencumbered asset value. Batuta also provides Financial Advisory Consulting for companies in distress or in Bankruptcy.?

At Batuta, we follow our own proprietary due diligence process to uncover investment and strategic opportunities. We also bring additional strategic equity capital from our investor network, to partner-up and add value to the businesses we invest in, and use our broad fixed-income network to complement these investments.

Target transactions range in size from $10 to $200 million of equity capital.