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veltextruth

08/13/03 8:26 AM

#1614 RE: luc100 #1613

I hope the audit results will be released this week or some type of information. Two months ago Mr. Martin said he would keep investors informed " ........ but will keep investors informed as the audit is near completion." We should e-mail Mr. Martin and remind him of his promise hopely that will encourage him to do as he said. A statement from the company doing audit could breathe some life into our investment.I am sure those auditing the company would release a statement if they were asked by Veltex.

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kingnazzikanazzer

08/13/03 10:22 AM

#1615 RE: luc100 #1613

luc100, since when does a publicly traded company have to release the name of the auditor in a press release??? The name of the auditor is generally referenced in a 10K or 10Q, and since Veltex isn't a reporting company yet, they have no obligation to share the auditor's name.

Why don't you call Matin and ask for a progress update. I too am very curious myself.