Replies to post #15124 on Veltex Corporation (VLXC)

[hapslap]

the proof is: if veltex is what matin says it is - he or someone/some entity would be buying the sh*t out of this stock or taking the company private - a chance to earn 100%-plus on one's money is certainly a motivator for rational behavior or for preacquisition due diligence on a nonreporting company. if it walks like a scam, quacks like a scam - guess what??

[pual]

I am also not buying anymore shares. I do not say either that Matin's numbers are lies.

My concern is that the BD business doesn't seem to be relevant to our PPS for whatever social, economic, legal or God-knows-what reasons.

If I tought all the business was BD related, I honestly would sell at current PPS.

The only reason I do not is that, I beleive the NA business is real and heading in the right direction. I also beleive that FOR THE MOMENT (even if net profit is not yet there), this NA operation may justify current PPS and a market cap of more or less $8,000,000.

VLXC therefore remains a good speculation not presenting to bad a risk at current PPS and offering reasonnable expectation for a better one within the next couple of years.

Bottom line, for us shareholders, it's not as rosy as this morning numbers suggest but it's definitely not as bad as some herein try to make us beleive.

Let's hope Matin soon openup the books so we better know what we talk about.